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market report · 46405
Gary, IN · 46405
19 active listings$179,000 median ask$2,049 est. rent1.1% price/rent
$179,000
Median list price
$2,049/mo
Estimated rent
1.1%
Price / rent ratio
19
Listings
FHFA home price index · 2016–2025
113.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.63
Median rent / sqft
19 comps
$152.60
Median sold / sqft
19 comps
—
Walkability
4.3%
Area unemployment
BLS LAUS
Median household income $60,881 · median home value $139,200 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 67).
10 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
989 S Laporte St, Lake Station, IN 46405
Lake Station, IN
$24,000$1,832/mo7.6%
2750 Greene St, Lake Station, IN 46405
Lake Station, IN
$80,000$1,536/mo1.9%
2410 Old Hobart Rd, Gary, IN 46405
Gary, IN
$155,000$2,758/mo1.8%
2823 Vermillion St, Lake Station, IN 46405
Lake Station, IN
$150,000$2,102/mo1.4%
2735 Warrick St, Lake Station, IN 46405
Lake Station, IN
$175,000$2,359/mo1.3%
4920 E 27th Ave, Lake Station, IN 46405
Lake Station, IN
$169,900$2,249/mo1.3%