Real Estate Investing in Parke, Indiana

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

4 ZIP codes • Population: 2,763

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

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

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

πŸ“ˆ 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
  • High vacancy: 19.1% of homes vacant β€” above national norms.

What’s happening in Parke County, IN?

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3.0/ 5

Investability

County-wide average

4.0/ 5

Appreciation

9.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $116,678
Avg Monthly Rent $1,026
ZIP Codes 4

Investing in Parke County Real Estate

This is a distressed-leaning county in Indiana: Parke has 4 cities, 4 ZIPs, and investment math that only works for investors with genuine local understanding.

Across Parke's 4 ZIPs, the investment landscape runs lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Demographics in Parke show real pressure β€” $N/AK median income is lackluster 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 Parke County, IN. Anonymous, moderated, never written by AI.

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Avg Home Value
$116,678
Avg Monthly Rent
$1,026
1% Rule
βœ— Below
Landlord Friendly (IN)
β˜…β˜…β˜…β˜…β˜…

Cities in Parke County

ZIP Codes in Parke County, IN

Screen every market in Parke County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Parke County

How strong is the working-renter base in, IN?

Tenant quality in, IN ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,026/mo.

Do rentals sit vacant long in, IN?

Occupancy in, IN runs stable with elevated vacancy. Well-priced units at $1,026/mo lease on reasonable timelines.

What is the average home sale price in, IN?

, IN home values average about $117K. That price point suits investors targeting rentals with $1,026/mo in monthly income.

Is IN a landlord-friendly state?

IN law tenant-protective for landlords, and inherits those rules. Investors should still review local ordinances for rental licensing.

Community Ratings

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