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Market MapIndianaMiami

Miami County

IndianaPopulation: 35,952
76
/100
Strong Buy
#0 of 0 counties
#8 in Indiana (92 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated July 20, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$167,639
Median Home Price
0% below national median
$1,006/mo
Est. Rent
Based on regional data
0.60%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
76/100
76
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
83/100

Based on 8.9% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
94/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Strong price appreciation (+8.9% YoY)
  • +Affordable relative to local incomes

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -Limited rent data (estimates used)

Economic Indicators

Population
35,952
Median Income
—
Data pending
Unemployment Rate
—
Data pending
Price-to-Income
—
Data pending

Who this market fits

Best for
  • +Appreciation buyers: YoY growth is meaningfully above the long-run average
Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
GreeneIN
78$198,077Est. pending—Strong BuyView
CurrentMiamiIN
76$167,639Est. pending—Strong Buy
GrantIN
75$147,231Est. pending—Strong BuyView
DelawareIN
75$160,460$1,0718.01%Strong BuyView
OrangeIN
73$182,101Est. pending—BuyView
NewtonIN
73$218,351Est. pending—BuyView

The Bottom Line

Strong BuyMiami is a strong buy market with excellent fundamentals for buy-and-hold investors.

Miami County in Indiana scores 76/100, ranking #0 of 0 US counties (top 50%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

Markets like Miami with stronger cash flow

  • Delaware County for cash-flow rentals

Cheaper alternatives to Miami

  • Grant County, lower entry price
  • Delaware County, lower entry price

Head-to-head comparisons

  • Miami vs Grant for rentals
  • Miami vs Delaware for rentals
  • Miami vs Greene for rentals
All counties in Indiana →

Rent vs buy in Indiana cities

Rent vs buy in Indianapolis, INMedian $226,825 · rent $1,367/moRent vs buy in Fort Wayne, INMedian $244,080 · rent $1,163/moRent vs buy in Evansville, INMedian $191,610 · rent $1,018/moRent vs buy in South Bend, INMedian $214,936 · rent $1,333/moAll Indiana citiesFull rent-vs-buy directory for the state

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