Real Estate Investing in Odon, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 5,332 • Daviess County

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

🏠 For Homebuyers
MIXED
Grade C (62/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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: 8.5% vacancy may signal weakening demand.

What’s happening in Odon, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.9% 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 $300,891
Avg Monthly Rent $864
ZIP Codes 1

Investing in Odon Real Estate

Odon, IN covers 1 ZIP codes and a population but the investment metrics here are muted — this is not a market to enter casually.

Odon is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

Rents in Odon at $864/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Demographics in Odon show real pressure — median income of $N/AK is thin 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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Landlord Ground Truth

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

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Avg Home Value
$300,891
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Washington, 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

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☀️ Warm Market — Washington, IN metro
0
Days to pending
11.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Odon, IN

Screen every ZIP in Odon

Filter Odon’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 Odon, IN

How deep is the rental pool in Odon, IN?

Odon, IN draws a reliable base of working renters. Demand at the $864/mo rent level is reasonable for standard single-family and small multi rentals.

Is Odon, IN good for landlords?

Odon, IN operates under IN law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.

How expensive is real estate in Odon, IN?

In Odon, IN the median home value sits at $301K. Against the broader IN market, that reads as reasonable for most investors.

Can owner-occupants cash flow in Odon, IN?

House hacking in Odon, IN is a challenging. With home values around $301K and rents at $864/mo, owner-occupants can offset a meaningful share of PITI.

What kind of market is Odon, IN for investors?

Odon, IN scores 3.0/5 for investability. Home values sit at $301K and rents near $864/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

Community Ratings

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