Real Estate Investing in Beech Grove, Indiana (46107)

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

Marion County • Population: 13,021 • Data updated: September 2026

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Should you buy in 46107 (Beech Grove, IN)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

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

📈 For Investors
MIXED
3.0 / 5 (52/100)

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: 9.8% vacancy may signal weakening demand.

What’s happening in Beech Grove, IN (46107)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $192,593
Avg Monthly Rent $1,340
1% Rule ✗ Does Not Meet
Median Income $59,011
% Renters 36.4%

Market Analysis: 46107 Beech Grove

On the rental side, ZIP 46107 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $193K median. It rewards specialists, not generalists.

Distressed markets are won on execution, not on spreadsheets. ZIP 46107 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

ZIP 46107's metrics run below Marion County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Employment concentration in 46107 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Beech Grove:

B+ Great
Buy Confidence Score: 78/100
Affordability
20/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.3× the median income
Value Trend
Stable (+1.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,340/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This area shows favorable conditions for homebuyers. Solid fundamentals with reasonable affordability.
❄️
COOL MARKET
Indianapolis-Carmel-Anderson, IN Metro Area
More inventory, negotiating room for buyers
40 days
Average time to sell
Average
13.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Indianapolis-Carmel-Anderson, IN metro data
🏠

Property Strategy for 46107

Which property type performs best in this market?

Best for Cash Flow
4BR
6.7% cap rate
Best for Appreciation
2BR
+7.7% 5yr CAGR
Best Overall Value
4BR
$57,152/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $161,858 $1,350 6.0% +7.7% $80,929
3BR $195,121 $1,750 6.5% +7.7% $65,040
4BR $228,608 $2,140 6.7% +7.5% $57,152

Market Trends

Home Value History (with trend line)

$206K$176K$146K$116K$86K$56KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,358$1,327$1,296$1,265$1,233$1,202Dec 2025Apr 2026Jul 2026

📊 How Does 46107 Compare?

Metric 46107 Beech Grove Indianapolis-Carmel-Anderson, IN Indiana
Home Value $192,593 $192,593 N/A $248,442
5-Year CAGR 5.2% 5.2% N/A 7.7%
Avg Rent $1,340 $1,340 N/A -
Cap Rate 5.4% 5.4% - -
💡 Why Invest in 46107? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 36% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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 ZIP 46107 (Beech Grove, IN). Anonymous, moderated, never written by AI.

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Property managers serving Marion County

Manage rentals here? List your business →

Atlas Property Services, LLC offers quality home rentals and property management services in Indianapolis and Muncie, including single-family homes and duplexes. summary from their website

Single-familySmall multifamily
Unclaimed — is this your business? Claim it free

Orion Property Management offers real estate and property management services for residential and commercial properties, including leasing, collections, maintenance, and city compliance. summary from their website

Single-familyCommercial
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Red Door Property Management offers property management services in Indianapolis, including marketing, tenant screening, maintenance, leasing, eviction protection, and Airbnb management. summary from their website

Short-term rentals
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
5.4%
Fair
5yr Growth
+5.2%
Moderate

📊 Market Snapshot

Home Value $192,593
Monthly Rent $1,340
Price-to-Rent 12.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.4%
Cap Rate 5.4%
5-Year IRR 10.6%

📈 Home Appreciation

1-Year +1.7% ▲
3-Year CAGR +2.4% ▲
5-Year CAGR +5.2% ▲
10-Year CAGR +8.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
9.8%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.2%
Stable
Eviction process: Moderate Rent control: Favorable

Demographics in 46107

Population: 13,021

💰 Median Household Income
$59,011
This area
$59,011
State
$69,164
USA
$74,580
🏠 Renter Occupied
36.4%
This area
36.4%
State
22.2%
USA
34.0%
💼 Unemployment Rate
4.2%
This area
4.2%
State
-23.5%
USA
3.7%
🎓 College Educated
22.2%
This area
22.2%
State
-6.4%
USA
33.7%
👤 Median Age
36.7 years
This area
36.7 years
State
-0.2 years
USA
38.9 years
🏚️ Vacancy Rate
9.8%
This area
9.8%
State
10.7%
USA
10.5%
👥 Population by Ethnicity
White 92.9%
Other/Mixed 4.0%
Black/African American 2.3%
Hispanic/Latino 1.1%
Asian 0.9%
👶 Under 18
25.5%
This area
25.5%
USA
22.0%
👴 65 and Over
16.8%
This area
16.8%
USA
17.3%
📊 Poverty Rate
6.0%
This area
6.0%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 46107

B+ Avg School Grade
5 Schools
15.6:1 Avg Class Size
$15,792 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Beech Grove Middle School

📚 07 – 08 Middle
👥
434 Students
👨‍🏫
14.3:1 Class Size
💰
$15,792 Per Student
B+ Above Average

Central Elementary School

📚 02 – 03 Elementary
👥
380 Students
👨‍🏫
15.8:1 Class Size
💰
$15,792 Per Student
B+ Above Average

Hornet Park Elementary School

📚 Pre-K – 01 Elementary
👥
476 Students
👨‍🏫
16.1:1 Class Size
💰
$15,792 Per Student
B+ Above Average

South Grove Intermediate School

📚 04 – 06 School
👥
575 Students
👨‍🏫
16.1:1 Class Size
💰
$15,792 Per Student
B+ Above Average

Beech Grove Sr High School

📚 09 – 12 High School
👥
892 Students
👨‍🏫
15.6:1 Class Size
💰
$15,792 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Eleanor Skillen School 34

📚 Pre-K – 06 School
📍 1410 Wade St, Indianapolis
👥
362 Students
👨‍🏫
12.1:1 Class Size
💰
$26,790 Per Student
A+ Excellent

Frederick Douglass School 19

📚 Pre-K – 08 School
📍 2020 Dawson St, Indianapolis
👥
492 Students
👨‍🏫
13.2:1 Class Size
💰
$26,790 Per Student
A+ Excellent

HW Longfellow Med/STEM Magnet Midl

📚 07 – 08 Middle
📍 510 Laurel Street, Indianapolis
👥
463 Students
👨‍🏫
12.5:1 Class Size
💰
$26,790 Per Student
A+ Excellent

William McKinley School 39

📚 Pre-K – 06 School
📍 1733 Spann Ave, Indianapolis
👥
404 Students
👨‍🏫
12.5:1 Class Size
💰
$26,790 Per Student
B+ Above Average

SE Neighborhood Sch of Excellence

📚 K – 08 School Charter
📍 1601 S Barth Ave, Indianapolis
👥
583 Students
👨‍🏫
9.6:1 Class Size
💰
$12,496 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 47,422 Off-Campus Students
C+
University of Indianapolis
5,447 students · 2.3 mi
C
American College of Education
11,961 students · 5.2 mi
C
Paul Mitchell the School-Indianapolis
224 students · 5.6 mi
C
Martin University
223 students · 5.7 mi
B
Indiana University-Indianapolis
25,497 students · 5.8 mi
C
Ivy Tech Community College
100,077 students · 7.0 mi
D
Kenny's Academy of Barbering
147 students · 8.3 mi
D
MyComputerCareer at Indianapolis
1,034 students · 8.7 mi

Investor Insight: With 47,422 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How much rent can I charge in Beech Grove, IN?

Rental rates in Beech Grove, IN average $1,340/mo. Tenant demand and $193K home values make the yield look reasonable by investor standards.

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

Tenant quality in Beech Grove, IN ranks as solid. Landlords generally report predictable occupancy at market rents of $1,340/mo.

Can I live-in-and-rent in Beech Grove, IN?

Beech Grove, IN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,340/mo rent level.

What strategy should investors use in Beech Grove, IN?

Most investors in Beech Grove, IN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

How do home values compare in Beech Grove, IN?

Median home price in Beech Grove, IN is near $193K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.

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How 46107 ranks in Indianapolis-Carmel-Anderson, IN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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