Real Estate Investing in Economy, Indiana

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1 ZIP codes • Population: 450 • Wayne County

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Should you buy in Economy, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (51/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.2% vacancy may signal weakening demand.

What’s happening in Economy, IN?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

8.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $234,652
Avg Monthly Rent $945
ZIP Codes 1

Investing in Economy Real Estate

With a sizable population across 1 ZIPs, Economy shows the kind of subdued fundamentals that keep most out-of-state capital on the sidelines.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Economy is in that category.

Market conditions in Economy are muted. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Demographics in Economy show real pressure — median income of $N/AK is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Richmond, IN

Economy is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Economy, IN. Anonymous, moderated, never written by AI.

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Avg Home Value
$234,652
Avg Monthly Rent
$945
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Richmond, IN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Richmond, IN metro
0
Days to pending
8.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Economy, IN

Screen every ZIP in Economy

Filter Economy’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Economy, IN

How does Economy, IN rate as a rental market?

Economy, IN scores 3.0/5 for investability. Home values sit at $235K and rents near $945/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Do rentals sit vacant long in Economy, IN?

Rental vacancy in Economy, IN is elevated. Investors should budget normal turnover but not chronic empty units.

What are rental rates like in Economy, IN?

Average rent in Economy, IN is approximately $945/mo per month. Against $235K home values that yields a reasonable rent-to-price ratio.

Is Economy, IN better for rentals, flips, or BRRRR?

For Economy, IN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Are eviction rules reasonable in Economy, IN?

For rental operators, Economy, IN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

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