Airbnb market dataThrough 2,051 listingsHow we measure
Yes. Indianapolis, IN is a good Airbnb market in 2026, with a canonical median annual revenue of $32,755, median occupancy of 53%, and a median ADR of $180 (Chalet data).
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Written from an earlier data window, so some figures differ from the live numbers above.
Chalet AI
A typical active Indianapolis Airbnb earned $32,755 in the 12 months to Sep 2026. The top 25% of listings averaged $51,306, about 1.6× that. The bottom 25%, which includes rarely booked listings, averaged $2,105.
$2.1k
Bottom 25% average
$32.8k
Typical listing
$51.3k
Top 25% average
1-bedroom homes are the most common in Indianapolis (34% of listings).
| Bedrooms |
|---|
The best three months, Jul, Jun and Sep, brought in 30% of a typical Indianapolis listing's revenue over the 12 months to Sep 2026.
Apr–Jul and Sep beat a year earlier; Aug was 2% lower
Typical monthly revenue per listing, Oct 2025–Sep 2026, against the same month a year earlier
No year-earlier data for Oct–Mar yet.
Martindale Brightwood has the highest gross yield of the 18 Indianapolis neighborhoods we rank, at 28.5%, with typical revenue of $31,312 a year.
| # | neighborhood | Gross yield | Revenue/yr | Occupancy | Home value |
|---|---|---|---|---|---|
| 1 | Martindale Brightwood | 28.5% | $31,312 | ||
| 2 | Near Nw Riverside | 22.6% | $25,864 | ||
| 3 | Christian Park | 21.1% | $28,186 | ||
| 4 | Near Westside | locked | locked | locked | locked |
| 5 | Near Eastside | locked | locked | locked | locked |
| 6 | Near Southside | locked | locked | locked | locked |
| 7 | Speedway | locked | locked | locked | locked |
| 8 | Fountain Square | locked | locked | locked | locked |
| 9 | Fairgrounds | locked | locked | locked | locked |
and 9 more neighborhoods
Ranked by gross yield (typical yearly revenue ÷ median home value), last 12 months. 55 neighborhoods have fewer than 20 listings or incomplete data and aren't ranked.
Yield isn't everything: zoning and HOA rules decide which streets allow short-term rentals.
The median Indianapolis home is worth $230,020 (Zillow, Aug 2026), down 0.8% in a year. At typical revenue that's a 14.2% gross yield, before the mortgage, taxes and running costs.
Indianapolis ranks #3 of the 5 Indiana markets we track by gross yield.
| # | Market | Gross yield | Revenue/yr | Home value |
|---|---|---|---|---|
| 1 | Michigan City, IN | 36.7% | $71,787 | |
| 2 | South Bend, IN | 28.5% | $57,428 | |
| 3 | Indianapolis, IN (this market) | 14.2% | $32,755 | |
| 4 | Fort Wayne, IN |
None listed in Indianapolis right now, so here are others in Indiana.
A typical active Airbnb in Indianapolis, IN earned $32,755 in the 12 months to Sep 2026. The median listing was booked 53% of nights, and the average nightly rate was $180 in Sep 2026. Against a median home value of $230,020, that's a 14.2% gross yield before the mortgage, taxes and running costs.
A typical active listing earned $32,755 in the 12 months to Sep 2026. The top 25% of listings averaged $51,306 and the bottom 25% $2,105. Estimated by size: 1-bedroom about $23,838; 2-bedroom about $32,171; 3-bedroom about $42,598 and 4-bedroom about $55,782 a year.
The typical listing was booked 53% of nights in the 12 months to Sep 2026, from 66% in June to 41% in January.
Based on 2,051 Indianapolis short-term rental listings tracked by Chalet, with data through Sep 2026. Home values come from the Zillow Home Value Index.
Airbnb data sites count different things. Some average every listing, including ones that are rarely booked; some use a whole metro area instead of the town; some use a calendar year. We show typical figures for active listings in Indianapolis over the last 12 months, and label each number with what it counts. Compare like with like before comparing sites.
| Share of listings |
|---|
| Nightly rate |
|---|
| Occupancy |
|---|
| Est. revenue/yr |
|---|
| Studio | 3% | $125 | 59% | $27,042 |
|---|---|---|---|---|
| 1 bedroom | 34% | $122 | 54% | $23,838 |
| 2 bedrooms | 26% | $176 | 50% | $32,171 |
| 3 bedrooms | 23% | $232 | 50% | $42,598 |
| 4 bedrooms | 11% | $302 | 51% | $55,782 |
| 5 bedrooms | 4% | $422 | 49% | $75,860 |
Estimated revenue = nightly rate × occupancy × 365, last 12 months.
Have a property in mind?
Estimate its revenue, costs and cash flow with Indianapolis's numbers.
| Month | Revenue | Occupancy | Nightly rate | Revenue a year earlier |
|---|---|---|---|---|
| Oct 2025 | $1,970 | 47% | $152 | |
| Nov 2025 | $2,285 | 47% | $164 | |
| Dec 2025 | $2,694 | 50% | $180 | |
| Jan 2026 | $2,147 | 41% | $156 | |
| Feb 2026 | $2,543 | 53% | $162 | |
| Mar 2026 | $2,903 | 55% | $175 | |
| Apr 2026 | $2,761 | 54% | $183 | |
| May 2026 | $2,825 | 53% | $200 | |
| Jun 2026 | $3,357 | 66% | $196 | |
| Jul 2026 | $3,701 | 65% | $220 | |
| Aug 2026 | $2,646 | 50% | $189 | |
| Sep 2026 | $2,924 | 56% | $183 |
Yes, Airbnbs are legal in Indianapolis with a required city permit.
Yes, you need a city permit to operate an Airbnb in Indianapolis.
Yes, private covenants may restrict STRs even if city law allows them.
A 7% state sales tax and a 10% Marion County innkeeper’s tax apply to all STR revenue in Indianapolis.
The 10 largest operators in Indianapolis each ran 22 or more listings as of May 2025.
and 3 more
Of guests from the top 10 cities, 95% live within a day's drive. Guests book 54 days ahead on average.
and 3 more
| 12.0% |
| $29,783 |
| 5 | Bloomington, IN | 10.8% | $34,181 |
|---|
Buying here?
An Indianapolis STR agent knows which properties and streets work as short-term rentals.
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Get matched with a listing agent who sells short-term rentals here.
Need financing?
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July; June and September earned the most, bringing in 30% of a typical listing's revenue in the 12 months to Sep 2026.
$230,020 as of August 2026 (Zillow Home Value Index), down 0.8% in a year.
1-bedroom homes make up 34% of listings, earning an estimated $23,838 a year.
The top origin cities are Indianapolis, IN (6.6% of guests); Chicago, IL (4.0% of guests) and Fort Wayne, IN (1.9% of guests). Of guests from the top 10 cities, 95% live within a day's drive.
Chalet tracks 2,051 short-term rental listings in Indianapolis, IN, with data through Sep 2026.
For education only, not financial, legal or investment advice. Full methodology
