Best Places in Indiana, United States to Invest in Airbnbs, Short-Term Rentals in 2025

Last updated: January 31, 2025

Discover the most lucrative short-term rental markets in Indiana, United States with AirROI's comprehensive investment guide. Whether you’re an experienced property investor or just starting your Airbnb journey, through detailed analysis of key metrics across premier global, our data-driven insights reveal where smart money is flowing in the short-term rental space. Using advanced market analytics and real performance data, we’ve identified investment hotspots that combine strong rental demand, favorable regulations, and optimal revenue potential.

Read on to explore the top-performing short-term rental markets that should be on every investor’s radar in 2024.

Explore Live Data

Top Short-Term Rental Cities in Indiana, United States

Rank:#1Market:IndianapolisCountry:United StatesProperties:2,697Monthly Revenue:$2349.86Daily Rate:$185.25Occupancy:44.34%Regulation:Low
Rank:#2Market:South BendCountry:United StatesProperties:677Monthly Revenue:$3022.17Daily Rate:$427.22Occupancy:37.22%Regulation:Low
Rank:#3Market:BloomingtonCountry:United StatesProperties:599Monthly Revenue:$2467.60Daily Rate:$237.13Occupancy:39.34%Regulation:Low
Rank:#4Market:Fort WayneCountry:United StatesProperties:425Monthly Revenue:$1442.80Daily Rate:$116.68Occupancy:48.81%Regulation:Low
Rank:#5Market:Michigan CityCountry:United StatesProperties:417Monthly Revenue:$3457.90Daily Rate:$387.21Occupancy:41.22%Regulation:Low
Rank:#6Market:NashvilleCountry:United StatesProperties:225Monthly Revenue:$3480.06Daily Rate:$271.39Occupancy:43.05%Regulation:Low
Rank:#7Market:EvansvilleCountry:United StatesProperties:210Monthly Revenue:$1512.14Daily Rate:$116.81Occupancy:49.66%Regulation:Low
Rank:#8Market:LafayetteCountry:United StatesProperties:148Monthly Revenue:$2394.46Daily Rate:$165.78Occupancy:45.85%Regulation:Low
Rank:#9Market:JeffersonvilleCountry:United StatesProperties:145Monthly Revenue:$2832.11Daily Rate:$206.95Occupancy:49.61%Regulation:Low
Rank:#10Market:New AlbanyCountry:United StatesProperties:139Monthly Revenue:$2414.36Daily Rate:$184.20Occupancy:44.46%Regulation:Low
Rank:#11Market:WestfieldCountry:United StatesProperties:122Monthly Revenue:$4153.64Daily Rate:$310.33Occupancy:45.65%Regulation:Low
Rank:#12Market:GaryCountry:United StatesProperties:116Monthly Revenue:$2767.46Daily Rate:$267.35Occupancy:40.03%Regulation:Low
Rank:#13Market:West LafayetteCountry:United StatesProperties:116Monthly Revenue:$2422.92Daily Rate:$163.61Occupancy:48.24%Regulation:Low
Rank:#14Market:MadisonCountry:United StatesProperties:112Monthly Revenue:$2237.72Daily Rate:$158.47Occupancy:48.97%Regulation:Low
Rank:#15Market:Terre HauteCountry:United StatesProperties:104Monthly Revenue:$1836.82Daily Rate:$144.64Occupancy:45.83%Regulation:Low
Rank:#16Market:MuncieCountry:United StatesProperties:102Monthly Revenue:$1929.74Daily Rate:$126.52Occupancy:48.51%Regulation:Low
Rank:#17Market:CulverCountry:United StatesProperties:100Monthly Revenue:$2764.50Daily Rate:$393.71Occupancy:32.75%Regulation:Low
Rank:#18Market:NoblesvilleCountry:United StatesProperties:99Monthly Revenue:$2673.37Daily Rate:$225.34Occupancy:47.00%Regulation:Low

Our Methodology

At AirROI, we leverage advanced technology to process and analyze the world’s most comprehensive short-term rental dataset, helping investors make data-driven decisions.

Data Collection

  • Real-time data aggregation from tens of millions of listings globally
  • Comprehensive tracking of market-specific performance metrics
  • Local regulatory tracking

Data Processing

  • AI-powered analysis of booking patterns
  • Advanced machine learning for trend identification
  • Forward-looking market forecasting
  • Cross-market performance benchmarking

Key Metrics We Track

  • Occupancy rates and seasonal patterns
  • Revenue performance (ADR, RevPAR)
  • Market demand indicators
  • Investment metrics (ROI, operating costs)
  • Regulatory compliance requirements

How is your STR performing?

Your vacation rental may be amazing, but is it better than your competition? Enjoy the best-in-class AI-powered analytics for free!

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All Markets in Indiana, United States

BloomingtonCulverEvansvilleFort WayneGaryIndianapolisJeffersonvilleLafayetteMadisonMichigan CityMuncieNashvilleNew AlbanyNoblesvilleSouth BendTerre HauteWest LafayetteWestfield