Most Affordable ZIP Codes in Columbus, IN (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 47280 | Taylorsville, IN | $202,873 | $1,080 | 4.15% | 8.9% |
| 2 | 47246 | Hope, IN | $262,844 | $1,134 | 3.37% | 7.9% |
| 3 | 47244 | Hartsville, IN | $271,972 | $1,296 | 3.72% | 7.6% |
| 4 | 47201 | Columbus, IN | $273,230 | $1,396 | 3.98% | 5.8% |
| 5 | 47203 | Columbus, IN | $290,607 | $1,459 | 3.92% | 5.5% |
| 6 | 47232 | Elizabethtown, IN | $296,053 | $1,035 | 2.73% | 6.5% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Columbus, IN · Appreciation in Columbus, IN
Or see the full Columbus, IN metro profile.