8 tracked markets

Source: BNBCalc market metadata · Reviewed by Parker Place, CTO of BNBCalc.com · Data updated October 21, 2026

Best Airbnb Markets in Indiana by Gross Yield

Evansville is the top Indiana short-term rental market across Airbnb and Vrbo by gross yield. Average-tier listings in Evansville have median annual room-revenue potential of $26,250 and gross yield of 16.3%, with 43% occupancy at an average daily rate of $167. Evansville has 1,514 average active listings.

Top gross yield

16.3%

Evansville

Median gross yield

13.5%

8 markets with yield data

Median annual room potential

$31.3K

Median across market-level medians

Tracked markets

8

Statewide market coverage

Filter market rankings

Default rankings show all bedrooms at the average performance tier.

Bedroom count

Performance tier

Top 10 Indiana Airbnb and Vrbo Markets

Evansville short-term rental market

#1

Evansville

Average-tier listings in Evansville have median annual room-revenue potential of $26,250 and gross yield of 16.3%, with 43% occupancy at an average daily rate of $167.

Yield

16.3%

Revenue

$26.3K

Average active listings

1,514

Michigan City short-term rental market

#2

Michigan City

Average-tier listings in Michigan City have median annual room-revenue potential of $36,369 and gross yield of 16.0%, with 41% occupancy at an average daily rate of $281.

Yield

16.0%

Revenue

$36.4K

Average active listings

1,103

Logansport short-term rental market

#3

Logansport

Average-tier listings in Logansport have median annual room-revenue potential of $24,675 and gross yield of 13.8%, with 35% occupancy at an average daily rate of $220.

Yield

13.8%

Revenue

$24.7K

Average active listings

486

South Bend short-term rental market

#4

South Bend

Average-tier listings in South Bend have median annual room-revenue potential of $46,372 and gross yield of 13.8%, with 35% occupancy at an average daily rate of $392.

Yield

13.8%

Revenue

$46.4K

Average active listings

3,193

Bloomington short-term rental market

#5

Bloomington

Average-tier listings in Bloomington have median annual room-revenue potential of $36,180 and gross yield of 13.2%, with 34% occupancy at an average daily rate of $287.

Yield

13.2%

Revenue

$36.2K

Average active listings

1,033

Indianapolis short-term rental market

#6

Indianapolis

Average-tier listings in Indianapolis have median annual room-revenue potential of $31,777 and gross yield of 12.9%, with 44% occupancy at an average daily rate of $210.

Yield

12.9%

Revenue

$31.8K

Average active listings

4,980

Fort Wayne short-term rental market

#7

Fort Wayne

Average-tier listings in Fort Wayne have median annual room-revenue potential of $24,781 and gross yield of 12.6%, with 45% occupancy at an average daily rate of $167.

Yield

12.6%

Revenue

$24.8K

Average active listings

613

Angola short-term rental market

#8

Angola

Average-tier listings in Angola have median annual room-revenue potential of $30,770 and gross yield of 11.2%, with 37% occupancy at an average daily rate of $261.

Yield

11.2%

Revenue

$30.8K

Average active listings

398

All Indiana Short-Term Rental Markets

Every market below links to its full BNBCalc market page. Rankings use gross yield first, then annual revenue when yield is missing.

Average active listings is the average number of Airbnb and Vrbo listings active in a market each month over the last 12 months. It counts every performance tier, so it doesn't change when you pick a tier, and it's the same figure you'll see on that market's page. It isn't broken out by bedroom count, so the column shows a dash when you filter by bedrooms.

RankMarketGross yieldMedian annual room potentialMonthly room potentialADROccupancyAverage active listingsMedian home value
#1Evansville16.3%$26,250$2,188$16743%1,514$157,107
#2Michigan City16.0%$36,369$3,031$28141%1,103$231,757
#3Logansport13.8%$24,675$2,056$22035%486$179,279
#4South Bend13.8%$46,372$3,864$39235%3,193$319,059
#5Bloomington13.2%$36,180$3,015$28734%1,033$294,957
#6Indianapolis12.9%$31,777$2,648$21044%4,980$238,112
#7Fort Wayne12.6%$24,781$2,065$16745%613$186,055
#8Angola11.2%$30,770$2,564$26137%398$293,402

How We Rank Markets

Markets are ranked by the median of each eligible home’s annual room-revenue potential divided by its ZIP- and bedroom-matched home value. Cleaning income is excluded. Gross yield is before expenses, financing, taxes, and local rules.

  • Revenue uses the same matched homes as yield and excludes estimated cleaning income. Monthly potential is annual potential divided by 12.

  • ADR is the average booked nightly rate. It includes cleaning fees, which are bundled into the nightly rate, and excludes other guest fees.

  • Occupancy is adjusted occupancy of bookable nights, excluding host-blocked nights.

  • Gross yield is the median of individual home yields, rather than a ratio of the displayed medians.

Compare Rental Demand in Indiana

For long-term rental context, compare statewide Section 8 Fair Market Rent data alongside short-term rental market performance.

Frequently Asked Questions About Indiana Airbnb and Vrbo Markets