Real Estate Investing in Urbana, Indiana

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

1 ZIP codes • Population: 437 • Wabash County

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

🏠 For Homebuyers
GOOD FIT
Grade B (84/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
  • Higher unemployment: 7.7% unemployment — tenant risk signal.

What’s happening in Urbana, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.1% 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 $256,724
Avg Monthly Rent $900
ZIP Codes 1

Investing in Urbana Real Estate

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

The investment case for Urbana is difficult to make on screen data alone. a stretch for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.

Rents in Urbana at $900/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.

A an established population with $N/AK household income profile is what makes Urbana a challenging rental market — the tenant base is present, but the affordability math is tight.

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 Wabash, IN

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$256,724
Avg Monthly Rent
$900
1% Rule
✗ Below
Landlord Friendly (IN)

📉 Market Crash Risk Index

Based on Wabash, 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 — Wabash, IN metro
0
Days to pending
9.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Urbana, IN

Screen every ZIP in Urbana

Filter Urbana’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 Urbana, IN

What type of investing works in Urbana, IN?

A careful cash-flow rentals with hands-on management strategy Urbana, IN best. The market produces even-keeled results for that approach at the $257K price point.

Should investors worry about vacancy in Urbana, IN?

Vacancy in Urbana, IN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $900/mo.

How strong is Urbana, IN for real estate investors?

Urbana, IN scores 3.0/5 for investability. Home values sit at $257K and rents near $900/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

What is it like being a landlord in Urbana, IN?

IN law landlord-friendly for landlords, and Urbana inherits those rules. Investors should still review local ordinances for rental licensing.

How qualified is the tenant pool in Urbana, IN?

Expect a solid tenant pool in Urbana, IN. The rental market absorbs $900/mo rents without meaningful friction.

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