Indiana
Starke County
ZIP 46534
23,300 residents57 permits TTM$62,933 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$148,400
ACS 5-Year
Cap rate proxy
5.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
13.2%
HUD FMR ÷ ACS HHI
Net migration
+1.83%
IRS SOI
Permits (TTM)
57
Census BPS
Climate risk
24.9
FEMA NRI (0–100)
ZIP 46534
Median home value
$216,444
Gross yield
5.3%
Cap rate
3.8%
Rent gap
27.8%
Affordability
P/I: 3.4R/I: —
Section 8 detail
SAFMR: $956Rent: $690Gap: 38.6%
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 46532 | $198,086 | $956 | 5.8% | 4.2% | 27.8% |
| 46366 | $207,878 | $956 | 5.5% | 4.0% | 27.8% |
| 46534 | $216,444 | $956 | 5.3% | 3.8% | 27.8% |
| 46374 | $219,687 | $956 | 5.2% | 3.8% | 27.8% |
| 46531 | $254,507 | $956 | 4.5% | 3.3% | 27.8% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
83.7%
Census ACS
Vacancy rate
21.9%
Census ACS
Bachelor's degree +
12.6%
Census ACS
Rent burdened
33.6%
Census ACS (>30% income)
Median age
41.9
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