New Market Launch: Indianapolis

As Roofstock continues to grow its footprint of investment property markets across the wide number of regions that are primed to continue demonstrating strong rental and home price appreciation growth, we have made our first entry into the Midwest with the launch of our Indianapolis market.

As the 34th largest metro area in the U.S. with an estimated population of 2 million1, Indianapolis is poised to become a significant market in the Single-Family Rental (SFR) space due to various market indicators. With an average gross rental yield of 11.7%2 and an average SFR home price of $133,6003 (nearly 30% below the national average), Indianapolis offers strong returns on competitively priced investment properties.

Employment growth in the region is expected to help maintain the high occupancy rate of SFRs in the region, currently at a very healthy 96%2. The tech sector in particular has seen strong job growth in recent years, with “tech jobs growing nearly 30 percent between 2013 and 2015, according to a new report from real estate tracking firm CBRE, the fifth-highest rank among the 30 cities surveyed4.”

Market data we have analyzed indicates that Single-Family Rental properties in the region offer strong returns in the form of above average gross rental yields, high occupancy rates, and an expected home value appreciation rate of 7% through December 2019, compared to December 2015 values2.

We encourage you to review our full Indianapolis Market Overview and begin browsing our Indianapolis marketplace to discover all the great investment opportunities available in this growing Single-Family Rental market!

Read our Indianapolis Market Overview

Browse Indianapolis Roofs



  1. U.S. Census Bureau
  2. John Burns Report – October 2016
  3. Zillow, September 2016
  4. Indianapolis Business Journal []
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Andrew Bilen


Andrew Bilen

Andrew is a Strategic Initiative Analyst at Roofstock.

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