Question 1

How many Airbnb and VRBO listings are in Indianapolis?

Accepted Answer

Over the 12 months ending September 2026, the Indianapolis market averaged 4,980 active Airbnb and VRBO listings, up 6% from a year earlier and up 61% over two years.

Question 2

How much do Airbnbs and VRBOs make in Indianapolis?

Accepted Answer

An average Indianapolis listing earns $35K/year. High-performing listings earn $69K, while low-performing listings earn $13K.

Question 3

How much does it cost to buy an Airbnb or VRBO property in Indianapolis?

Accepted Answer

Median Indianapolis home prices by size are 1-bedroom $105K, 2-bedroom $175K, 3-bedroom $247K, and 4+ bedroom $313K.

Question 4

What is the occupancy rate for Airbnb and VRBO in Indianapolis?

Accepted Answer

Average occupancy in Indianapolis is 39%, producing RevPAR of $78 per available night.

Question 5

Are short-term rentals legal in Indianapolis?

Accepted Answer

Rules vary across Indianapolis. Indianapolis: Lenient. No city-wide STR regulations. State law prohibits local bans. Minimal oversight beyond standard business requirements.
Bloomington: Moderate. Owner-occupancy required, annual permit, two-guest maximum per bedroom. Enforcement exists but inconsistent.
Columbus: Lenient. No specific STR regulations. Standard business license and tax compliance. Light enforcement.
Lafayette: Lenient. Basic business registration required. No occupancy restrictions or density limits. Minimal enforcement activity. Verify requirements for the property's jurisdiction.

Question 6

Is the Indianapolis Airbnb and VRBO market oversaturated?

Accepted Answer

The Indianapolis Airbnb and VRBO market appears broadly balanced. Supply has grown 6% year-over-year, while RevPAR has increased 14%, showing no clear supply-demand imbalance.

Question 7

When is peak season for Airbnbs and VRBOs in Indianapolis?

Accepted Answer

RevPAR is highest in July and May; it is lowest in January and February.

Question 8

Which Airbnb and VRBO amenities matter most in Indianapolis?

Accepted Answer

The most common amenities are Internet (99%), Air Conditioning (99%), Heating (98%). The strongest positive revenue associations are Hot Tub (+49%), Washing Machine (+35%), Bbq (+31%).

Question 9

What is the average nightly rate for Airbnbs and VRBOs in Indianapolis?

Accepted Answer

Average daily rate in Indianapolis is $227, up 13% year-over-year. Rates peak in July and are lowest in January.

Question 10

How far in advance do guests book Airbnb and VRBO stays in Indianapolis?

Accepted Answer

Guests in Indianapolis book an average of 31 days in advance, up 3% from last year. Booking windows range from 28 days for 1-bedroom listings to 36 days for 4+ bedroom listings.

Question 11

Which days of the week perform best for Airbnbs and VRBOs in Indianapolis?

Accepted Answer

Booking demand is highest on Saturday and lowest on Monday. Nightly rates peak on Saturday and are lowest on Monday. Weekend occupancy is 58% higher than weekday occupancy.

Question 12

How is gross yield calculated?

Accepted Answer

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Neighborhood	Revenue (potential)	Gross yield
1.New Castle and Henry County	$22.1K 24 listings	21.8% 24 listings
2.Near Southside and Old Southside	$36.2K 117 listings	20.4% 117 listings
3.Fountain Square	$38.5K 111 listings	20.1% 111 listings
4.Muncie	$27.1K 64 listings	20.0% 64 listings
5.Butler-Tarkington and Rocky Ripple	$34.2K 36 listings	18.8% 36 listings
6.Richmond and Wayne County	$21.3K 29 listings	18.8% 29 listings
7.Eagledale, Guion Creek and Marian	$30.0K 23 listings	18.2% 23 listings
8.Delaware and Grant Country	$26.6K 20 listings	16.8% 20 listings
9.Near Eastside	$28.8K 90 listings	16.5% 90 listings
10.Terre Haute	$20.8K 59 listings	15.6% 59 listings
11.Vigo, Clay and Owen Country	$25.6K 21 listings	15.6% 21 listings
12.Speedway	$29.2K 46 listings	15.3% 46 listings
13.Whitestown	$45.4K 29 listings	15.1% 29 listings
14.Parke County	$32.3K 29 listings	15.0% 29 listings
15.Kokomo	$25.3K 29 listings	14.8% 29 listings
16.Greenwood	$42.2K 41 listings	14.8% 41 listings
17.Greencastle and Putnam County	$33.2K 27 listings	14.7% 27 listings
18.Southport and Perry Township	$35.8K 20 listings	14.6% 20 listings
19.Mapleton-Fall Creek and Fairgrounds	$34.0K 44 listings	14.4% 44 listings
20.Ben Davis and Chapel Hill	$29.6K 29 listings	14.3% 29 listings
21.Downtown Indianapolis	$36.5K 110 listings	14.2% 110 listings
22.Morgan County	$33.9K 29 listings	14.1% 29 listings
23.Castleton, Lawrence and Geist	$43.7K 26 listings	13.7% 26 listings
24.Near Northside	$40.7K 54 listings	13.7% 54 listings
25.Lafayette	$29.8K 66 listings	13.5% 66 listings
26.Martindale-Brightwood and East 38th	$29.8K 20 listings	13.3% 20 listings
27.North Central and Keystone	$35.8K 37 listings	12.6% 37 listings
28.Glendale and Allisonville	$31.4K 26 listings	12.3% 26 listings
29.Brownsburg	$35.5K 20 listings	11.8% 20 listings
30.Mass Ave and North Downtown	$32.8K 158 listings	11.6% 158 listings
31.Greenfield and Hancock County	$40.0K 22 listings	11.5% 22 listings
32.Noblesville	$35.8K 72 listings	11.5% 72 listings
33.Beech Grove and Southeast Indianapolis	$26.5K 20 listings	11.5% 20 listings
34.Meridian-Kessler	$32.4K 46 listings	11.5% 46 listings
35.Fishers	$39.3K 31 listings	11.3% 31 listings
36.Westfield	$55.8K 107 listings	11.1% 107 listings
37.Carmel	$48.7K 20 listings	11.0% 20 listings
38.West Lafayette	$38.9K 65 listings	10.3% 65 listings
39.Broad Ripple	$32.8K 46 listings	10.3% 46 listings
40.North Meridian and Nora	$40.9K 28 listings	10.1% 28 listings
41.Canal District and University	$31.4K 135 listings	9.3% 135 listings
42.Old Northside and Herron-Morton	$29.3K 29 listings	9.3% 29 listings