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Market MapIndianaPutnam

Putnam County

IndianaPopulation: 36,942
69
/100
Buy
#0 of 0 counties
#45 in Indiana (92 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated May 18, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$268,450
Median Home Price
0% below national median
$1,611/mo
Est. Rent
Based on regional data
0.60%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
69/100
69
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
81/100

Based on 3.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
72/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Affordable relative to local incomes

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -Limited rent data (estimates used)

Economic Indicators

Population
36,942
Median Income
—
Data pending
Unemployment Rate
—
Data pending
Price-to-Income
—
Data pending

Who this market fits

Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
FountainIN
70$185,369$9496.14%BuyView
GreeneIN
70$195,561$1,0506.44%BuyView
CurrentPutnamIN
69$268,450Est. pending—Buy
JayIN
69$153,998Est. pending—BuyView
VanderburghIN
69$191,610$1,0186.37%BuyView
SpencerIN
68$224,405Est. pending—BuyView

The Bottom Line

BuyPutnam offers solid investment potential with positive cash flow at typical financing.

Putnam County in Indiana scores 69/100, ranking #0 of 0 US counties (top 50%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

Markets like Putnam with stronger cash flow

  • Greene County for cash-flow rentals
  • Vanderburgh County for cash-flow rentals
  • Fountain County for cash-flow rentals

Cheaper alternatives to Putnam

  • Jay County, lower entry price
  • Fountain County, lower entry price
  • Vanderburgh County, lower entry price

Head-to-head comparisons

  • Putnam vs Jay for rentals
  • Putnam vs Vanderburgh for rentals
  • Putnam vs Fountain for rentals
All counties in Indiana →

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