What Airbnb listings in Downtown Indianapolis earn, how often they're booked, and how that compares with the rest of Indianapolis, IN.
This area is part of the broader Indianapolis, IN rental market. The map below defines the area used for these figures; market boundaries may include neighboring cities and towns.
Downtown Indianapolis is one of 65 areas BNBCalc tracks in the Indianapolis, IN market. Over the past 12 months, regularly available listings here earned $38,650 on average, were booked for 57% of the nights they were open, and averaged $341 a night. The median gross yield, before expenses, is 14.5%.
Yearly revenue
$38,650
Occupancy
57%
Nightly rate
$341
Gross yield
14.5%
before expenses
Median of 105 listings
Active listings
122
Regularly available Airbnb listings in Downtown Indianapolis earned an average of $38,650 over the past 12 months. That is 34% more than the Indianapolis, IN average of $28,843. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Downtown Indianapolis were booked for an average of 57% of the nights they were open for booking over the past 12 months. That is 6 points higher than the Indianapolis, IN average of 51%. Nights a host blocked off don't count.
The average nightly rate in Downtown Indianapolis was $341 over the past 12 months, including cleaning fees. That is 21% higher than the Indianapolis, IN average of $281.
For homes with a matched home value, the median room-revenue potential in Downtown Indianapolis is $40,025 a year and the median gross yield is 14.5%. Gross yield is 0.7 points higher than the Indianapolis, IN median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityThree-bedroom homes have the highest gross yield in Downtown Indianapolis, at 41.8%. The table shows average yearly revenue and median gross yield for each home size, with the Indianapolis, IN figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 24 listings | $18,641 Indianapolis, IN: $18,128 | 13.5% Indianapolis, IN: 13.9% |
| 2 bedrooms 52 listings | $31,410 Indianapolis, IN: $23,002 | 11.2% Indianapolis, IN: 13.5% |
| 3 bedrooms 11 listings | $46,139 Indianapolis, IN: $28,651 | 41.8% Indianapolis, IN: 13.7% |
| 4+ bedrooms 35 listings | $60,772 Indianapolis, IN: $46,951 | 30.3% Indianapolis, IN: 14.3% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Downtown Indianapolis This area 122 listings | $38,650 | 57% | $341 | 14.5% |
| Indianapolis, IN market 2,848 listings | $28,843 | 51% | $281 | 13.8% |
| Near Southside and Old Southside 143 listings | $33,884 | 46% | $320 | 20.1% |
| Mass Ave and North Downtown 189 listings | $27,714 | 53% | $231 | 11.7% |
| Canal District and University 150 listings | $34,473 | 43% | $331 | 9.6% |
| Fountain Square 113 listings | $33,171 | 46% | $329 | 19.5% |
BNBCalc splits the Indianapolis, IN market into 65 areas drawn from local neighborhood and city boundaries, and counts each listing in the area that contains it.
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It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
It is the average price per booked night over the past 12 months, including cleaning fees.
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (122 in Downtown Indianapolis). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
These figures use BNBCalc's listing data as of October 6, 2026. They update when BNBCalc refreshes its market data each month.
The market page summarizes all of Indianapolis, IN from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
With BNBCalc Markets, compare Downtown Indianapolis by bedroom count and performance level, see home prices, and browse its listings on the map.