Real Estate Investing in La Crosse, Indiana (46348)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 46348 (La Crosse, IN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in La Crosse, IN (46348)?
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Market Analysis: 46348 La Crosse
Investors eyeing 46348 need to respect the fundamentals at play. Home values of $220K come alongside slower price movement and elevated management overhead.
Rent of $1,161/mo on a $220K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 46348 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 46348 among IN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 46348 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at La Crosse's stable or hybrid ZIPs before stepping into 46348. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in La Crosse:
Property Strategy for 46348
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $163,351 | $1,290 | 5.7% | +10.7% | $81,675 |
| 3BR | $223,467 | $1,630 | 5.3% | +8.6% | $74,489 |
Market Trends
Home Value History (with trend line)
📊 How Does 46348 Compare?
| Metric | 46348 | La Crosse | Michigan City-La Porte, IN | Indiana |
|---|---|---|---|---|
| Home Value | $219,935 | $219,935 | N/A | $248,442 |
| 5-Year CAGR | 6.7% | 6.7% | N/A | 7.7% |
| Avg Rent | $1,161 | $1,161 | N/A | - |
| Cap Rate | 4.1% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 46348 (La Crosse, IN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $219,935 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 10.8% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +6.7% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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.
Demographics in 46348
Population: 1,201
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 46348
Schools in This ZIP Code
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
Frequently Asked Questions
How much does a house cost in La Crosse, IN?
Homes in La Crosse, IN typically sell near $220K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
Should investors worry about vacancy in La Crosse, IN?
Vacancy in La Crosse, IN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,161/mo.
How should investors approach La Crosse, IN?
Most investors in La Crosse, 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 viable is house hacking in La Crosse, IN?
The house hack math a challenging in La Crosse, IN. Owner-occupant buyers benefit from the $1,161/mo rents and $220K home values.
How do landlord-tenant laws work in La Crosse, IN?
IN ranks as a landlord-friendly state for landlord-tenant law. La Crosse generally follows the statewide framework, so landlords face reasonable operating rules.
You know 46348 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 46348 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 46348 ranks in Michigan City-La Porte, IN
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