Most Affordable ZIP Codes in Muncie, 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 47305 Muncie, IN $86,843 $841 7.55% 8.2%
2 47302 Muncie, IN $106,649 $953 6.97% 9.2%
3 47336 Dunkirk, IN $132,065 $873 5.16% 7.4%
4 47303 Muncie, IN $147,263 $983 5.20% 7.9%
5 47338 Eaton, IN $173,941 $864 3.87% 8.0%
6 47368 Parker City, IN $180,314 $864 3.74% 7.0%
7 47320 Albany, IN $200,016 $864 3.37% 8.2%
8 47342 Gaston, IN $207,430 $873 3.28% 6.9%
9 47304 Muncie, IN $216,617 $1,089 3.92% 6.9%
10 47383 Selma, IN $249,884 $999 3.12% 7.5%
11 47396 Yorktown, IN $261,310 $835 2.49% 6.7%

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 Muncie, IN  ·  Appreciation in Muncie, IN

Or see the full Muncie, IN metro profile.