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

Last updated: March 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 2025.

Top Short-Term Rental Cities in Indiana, United States

Rank:#1Market:IndianapolisCountry:United StatesProperties:2,692Monthly Revenue:$2147.05Daily Rate:$180.45Occupancy:43.44%Regulation:Low
Rank:#2Market:South BendCountry:United StatesProperties:670Monthly Revenue:$2967.50Daily Rate:$427.27Occupancy:37.27%Regulation:Low
Rank:#3Market:BloomingtonCountry:United StatesProperties:608Monthly Revenue:$2362.74Daily Rate:$244.30Occupancy:39.30%Regulation:Low
Rank:#4Market:Fort WayneCountry:United StatesProperties:433Monthly Revenue:$1391.64Daily Rate:$119.39Occupancy:49.02%Regulation:Low
Rank:#5Market:Michigan CityCountry:United StatesProperties:412Monthly Revenue:$3253.50Daily Rate:$366.71Occupancy:40.12%Regulation:Low
Rank:#6Market:NashvilleCountry:United StatesProperties:223Monthly Revenue:$3458.33Daily Rate:$277.64Occupancy:42.72%Regulation:Low
Rank:#7Market:EvansvilleCountry:United StatesProperties:221Monthly Revenue:$1445.12Daily Rate:$116.56Occupancy:48.99%Regulation:Low
Rank:#8Market:LafayetteCountry:United StatesProperties:152Monthly Revenue:$2283.57Daily Rate:$166.44Occupancy:45.88%Regulation:Low
Rank:#9Market:JeffersonvilleCountry:United StatesProperties:147Monthly Revenue:$2763.05Daily Rate:$220.38Occupancy:48.07%Regulation:Low
Rank:#10Market:New AlbanyCountry:United StatesProperties:137Monthly Revenue:$2339.27Daily Rate:$194.73Occupancy:44.09%Regulation:Low
Rank:#11Market:WestfieldCountry:United StatesProperties:125Monthly Revenue:$3844.74Daily Rate:$313.42Occupancy:44.77%Regulation:Low
Rank:#12Market:West LafayetteCountry:United StatesProperties:118Monthly Revenue:$2243.39Daily Rate:$163.04Occupancy:47.05%Regulation:Low
Rank:#13Market:MadisonCountry:United StatesProperties:115Monthly Revenue:$2118.96Daily Rate:$160.52Occupancy:47.97%Regulation:Low
Rank:#14Market:GaryCountry:United StatesProperties:112Monthly Revenue:$2728.19Daily Rate:$266.99Occupancy:40.21%Regulation:Low
Rank:#15Market:Terre HauteCountry:United StatesProperties:108Monthly Revenue:$1738.94Daily Rate:$146.10Occupancy:45.32%Regulation:Low
Rank:#16Market:CulverCountry:United StatesProperties:104Monthly Revenue:$2634.35Daily Rate:$398.21Occupancy:33.44%Regulation:Low
Rank:#17Market:MuncieCountry:United StatesProperties:102Monthly Revenue:$1756.67Daily Rate:$127.32Occupancy:47.38%Regulation:Low
Rank:#18Market:ColumbusCountry:United StatesProperties:96Monthly Revenue:$1911.88Daily Rate:$156.52Occupancy:47.89%Regulation:Low
Rank:#19Market:NoblesvilleCountry:United StatesProperties:94Monthly Revenue:$2490.07Daily Rate:$187.73Occupancy:46.37%Regulation:Low
Rank:#20Market:FishersCountry:United StatesProperties:83Monthly Revenue:$2377.71Daily Rate:$190.77Occupancy:46.47%Regulation:Low
Rank:#21Market:MishawakaCountry:United StatesProperties:83Monthly Revenue:$2670.30Daily Rate:$352.34Occupancy:39.30%Regulation:Low
Rank:#22Market:CarmelCountry:United StatesProperties:76Monthly Revenue:$2694.41Daily Rate:$262.75Occupancy:45.64%Regulation:Low
Rank:#23Market:MonticelloCountry:United StatesProperties:67Monthly Revenue:$2067.56Daily Rate:$238.66Occupancy:36.38%Regulation:Low
Rank:#24Market:La PorteCountry:United StatesProperties:65Monthly Revenue:$3506.45Daily Rate:$343.39Occupancy:39.25%Regulation:Low
Rank:#25Market:ValparaisoCountry:United StatesProperties:63Monthly Revenue:$2267.06Daily Rate:$185.74Occupancy:48.95%Regulation:Low
Rank:#26Market:SyracuseCountry:United StatesProperties:62Monthly Revenue:$2400.33Daily Rate:$297.26Occupancy:40.49%Regulation:Low
Rank:#27Market:AngolaCountry:United StatesProperties:56Monthly Revenue:$2976.07Daily Rate:$314.12Occupancy:44.79%Regulation:Low
Rank:#28Market:French LickCountry:United StatesProperties:55Monthly Revenue:$2199.90Daily Rate:$201.61Occupancy:37.63%Regulation:Low
Rank:#29Market:KokomoCountry:United StatesProperties:55Monthly Revenue:$1367.71Daily Rate:$112.82Occupancy:56.24%Regulation:Low
Rank:#30Market:GrangerCountry:United StatesProperties:52Monthly Revenue:$3276.57Daily Rate:$560.04Occupancy:35.19%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

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