Lafayette-West Lafayette, IN · Indiana
Carroll County
ZIP 46915
20,443 residents48 permits TTM$64,003 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$167,700
ACS 5-Year
Cap rate proxy
6.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.4%
HUD FMR ÷ ACS HHI
Net migration
+1.99%
IRS SOI
Permits (TTM)
48
Census BPS
Climate risk
29.6
FEMA NRI (0–100)
ZIP 46915
Median home value
—
Gross yield
—
Cap rate
6.3%
Rent gap
—
Affordability
P/I: 2.9R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 47997 | — | — | — | 6.3% | — |
| 46915 | — | — | — | 6.3% | — |
| 46929 | — | — | — | 5.3% | — |
| 46917 | — | — | — | 5.3% | — |
| 46923 | — | — | — | 4.7% | — |
Ranked by composite score
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Demographics
Owner-occupied
80.7%
Census ACS
Vacancy rate
15.9%
Census ACS
Bachelor's degree +
15.5%
Census ACS
Rent burdened
24.8%
Census ACS (>30% income)
Median age
42.9
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