Chicago-Naperville-Elgin, IL-IN-WI · Indiana
Porter County
ZIP 46368
174,150 residents566 permits TTM$85,828 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$261,900
ACS 5-Year
Cap rate proxy
6.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.0%
HUD FMR ÷ ACS HHI
Net migration
+1.94%
IRS SOI
Permits (TTM)
566
Census BPS
Climate risk
81.4
FEMA NRI (0–100)
ZIP 46368
Median home value
$268,223
Gross yield
6.0%
Buy Box score
0.7
Section 8 gap
16.1%
Affordability
P/I: 3.1R/I: 20.3%
Section 8 detail
SAFMR: $1,330Rent: $1,146Gap: 16.1%
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 46368 | $268,223 | $1,330 | 6.0% | 6.5% | -8.9% |
| 46385 | $364,263 | $1,470 | 4.8% | 5.9% | -20.8% |
| 46304 | $324,433 | $1,410 | 5.2% | 5.3% | -1.1% |
| 46301 | $261,900county est. | $1,210 | 5.5% | 5.3% | 5.3% |
| 46302 | $261,900county est. | $1,320 | 6.0% | 5.3% | 13.2% |
| 46393 | $261,900county est. | $1,390 | 6.4% | 5.3% | 17.6% |
| 46383 | $337,778 | $1,350 | 4.8% | 4.9% | -2.4% |
| 46347 | $306,240 | $1,240 | 4.9% | 4.5% | 7.6% |
| 46341 | $319,457 | $1,120 | 4.2% | 4.3% | -2.3% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
77.2%
Census ACS
Vacancy rate
5.6%
Census ACS
Bachelor's degree +
30.1%
Census ACS
Rent burdened
44.9%
Census ACS (>30% income)
Median age
40.6
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026