Indianapolis, IN
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Overview
Annual Rev
$39.6k
12 mo avg
↑9%
from prior 12 mo
Occupancy rate
40%
12 mo avg
↓3%
from prior 12 mo
Avg daily rate
$209
12 mo avg
↑15%
from prior 12 mo
Lead time
31 days
12 mo avg
↓4 days
from prior 12 mo
Revpar
$81
12 mo avg
↑3%
from prior 12 mo
Methodology note: Figures reflect Indianapolis market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Avg. Zestimate
Gross yield
Supply
Amenity revenue impact
| Amenity | Est. revenue impact |
|---|---|
| Hot Tub | +21% $8,315/yr |
| Bicycles | 🔒 +8% · $••••/yr Revenue lift and listing count available in Markets |
| EV Charger | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Gym | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Pool | 🔒 +7% · $••••/yr Revenue lift and listing count available in Markets |
| Sauna | 🔒 +6% · $••••/yr Revenue lift and listing count available in Markets |
| Heating | 🔒 +5% · $••••/yr Revenue lift and listing count available in Markets |
| Lake Access | 🔒 +5% · $••••/yr Revenue lift and listing count available in Markets |
| Barbecue | 🔒 +4% · $••••/yr Revenue lift and listing count available in Markets |
| Pets Allowed | 🔒 +2% · $•••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
1 bedroom (5.5 nights)
3 bedrooms (5.4 nights)
2 bedrooms (5.0 nights)
4+ bedrooms (4.5 nights)
Cleaning fee by bedroom
4+ bedrooms ($180)
3 bedrooms ($123)
2 bedrooms ($90)
1 bedroom ($67)
Professional host share
Professionally managed (77%)
Independent hosts (23%)
Housing market signals
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Over the 12 months ending August 2026, the Indianapolis market averaged 4,942 active Airbnb and VRBO listings, up 6% from a year earlier and up 60% over two years.
An average Indianapolis listing earns $36K/year. High-performing listings earn $71K, while low-performing listings earn $15K.
Median Indianapolis home prices by size are 1-bedroom $104K, 2-bedroom $175K, 3-bedroom $247K, and 4+ bedroom $317K.
Average gross yield is 14%, reaching 28% for high-performing listings. Gross yield excludes financing and operating costs, so net profitability varies by property.
Average occupancy in Indianapolis is 39%, producing RevPAR of $76 per available night.
4+ bedroom listings have the highest average gross yield at 20%. They average $67K/year in revenue against a $317K median purchase price.
Rules vary across Indianapolis. Indianapolis: Lenient. No specific STR regulations, standard business license only. Minimal enforcement, hosts operate freely. Bloomington: Moderate. Permit required, owner-occupancy for whole-house rentals, density limits in some zones. Moderate enforcement. Columbus: Lenient. No specific STR rules, general business regulations apply. Light enforcement. Lafayette: Lenient. Basic business license, minimal restrictions. Light enforcement, hosts operate with little oversight. Verify requirements for the property's jurisdiction.
The Indianapolis Airbnb and VRBO market appears broadly balanced. Supply has grown 6% year-over-year, while RevPAR has increased 8%, showing no clear supply-demand imbalance.
RevPAR is highest in July and May; it is lowest in January and February.
The most common amenities are Air Conditioning (99%), Internet (98%), Heating (97%). The strongest positive revenue associations are Hot Tub (+55%), Air Conditioning (+33%), Bbq (+33%).
Average daily rate in Indianapolis is $225, up 13% year-over-year. Rates peak in July and are lowest in January.
Guests in Indianapolis book an average of 31 days in advance, down 3% from last year. Booking windows range from 28 days for 1-bedroom listings to 36 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Friday and are lowest on Monday. Weekend occupancy is 56% higher than weekday occupancy.