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Market MapIndianaOwen

Owen County

IndianaPopulation: 21,361
72
/100
Buy
#0 of 0 counties
#29 in Indiana (92 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated July 8, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$237,770
Median Home Price
0% below national median
$1,427/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
72/100
72
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
84/100

Based on 4.3% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
79/100

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

  • +Affordable relative to local incomes

Challenges

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

Economic Indicators

Population
21,361
Median Income
—
Data pending
Unemployment Rate
—
Data pending
Price-to-Income
—
Data pending

Who this market fits

Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
OrangeIN
73$182,101Est. pending—BuyView
CurrentOwenIN
72$237,770Est. pending—Buy
LagrangeIN
72$322,425Est. pending—BuyView
HowardIN
72$185,850$1,0066.49%BuyView
WhitleyIN
72$272,520Est. pending—BuyView
JeffersonIN
71$231,468Est. pending—BuyView

The Bottom Line

BuyOwen offers solid investment potential with positive cash flow at typical financing.

Owen County in Indiana scores 72/100, 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 Owen with stronger cash flow

  • Howard County for cash-flow rentals

Cheaper alternatives to Owen

  • Orange County, lower entry price
  • Howard County, lower entry price
  • Jefferson County, lower entry price

Head-to-head comparisons

  • Owen vs Lagrange for rentals
  • Owen vs Howard for rentals
  • Owen vs Whitley 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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