What is the rental yield in Purdue Research Park, West Lafayette, Indiana?

The gross yield in Purdue Research Park, West Lafayette, Indiana is 5.2. That sits alongside prices that are in line with West Lafayette and about 13% above Indiana. The neighborhood also shows a Red Flag score of 60, walkability of 55, and education in the 76th percentile.

How have prices changed in Purdue Research Park over the past year?

Prices in Purdue Research Park, West Lafayette, Indiana have increased 2.9% over the past year. The neighborhood is priced in line with West Lafayette and about 13% above Indiana, with gross yield of 5.2, a Red Flag score of 60, walkability of 55, and education in the 76th percentile.

How does Purdue Research Park compare with West Lafayette and Indiana?

Purdue Research Park in West Lafayette, Indiana is priced in line with West Lafayette and about 13% above Indiana. Its gross yield of 5.2 is paired with a Red Flag score of 60, walkability of 55, and education in the 76th percentile, so it reads as a balanced but not low-risk option.

Neighborhood

Purdue Research Park

West Lafayette, Indiana US

Purdue Research Park in West Lafayette, Indiana presents a yield-focused profile with gross yield of 5.2 and prices in line with West Lafayette but about 13% above Indiana. Prices have risen 2.9% over the past year, indicating modest momentum. The neighborhood carries a Red Flag score of 60, with walkability of 55 and education in the 76th percentile, balancing a stronger school-score profile against a middling risk reading.

AI Summary•Updated May 2026

Area

13.05 mi²

ZIP Code

47906

County

Tippecanoe County

State

Indiana

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$409,778

YoY+2.9%

Gross Rental Yield

5.2%

Listed rent · ZORI annualized

Red Flag Index

High

60 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

76 / 100

Excellent · better than 76% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Purdue Research Park Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Purdue Research Park, West Lafayette.

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$409,778	+2.9%
Price / Sq Ft (Verified)	$188/sqft	+2.4%
Asking Rent (Median)	$1,780/mo	+5.5%
Gross Rental Yield	5.2%	—
Liquidity Score	43 / 100	Moderate
Homes Sold (Period)	174	-16.7%

Is Purdue Research Park Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Indiana crime context.

Red Flag Breakdown

60 / 100

High Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Hail100Very High

Tornado80Very High

Heat80Very High

Strong Wind80Very High

Wildfire60High

Earthquake60High

Flood40Moderate

Hurricane40Moderate

8/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Indiana averaged 16.9 crimes and 3.1 violent per 1,000 residents (-9.4% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 5.2%

Active transaction volume — 174 homes sold last period

Hail risk is Very High (100/100)

Tornado risk is Very High (80/100)

Insights are generated from Purdue Research Park's live DistrictScore metrics.

Purdue Research Park Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Indiana-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

7.1 µg/m³ Meets EPA, above WHO guideline-17.4% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the Purdue Research Park centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 82% of U.S. neighborhoods.

Indiana Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	16.9	3.1	-9.4%
2023	18.8	3.4	+3.3%
2022	18.3	3.1	-2.6%
2021	18.9	3.3	-11.2%
2020	21.4	3.6	-7.4%
2019	23.2	3.7	—

Reported at the state level — the finest official US crime aggregation; Purdue Research Park inherits the Indiana figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · Purdue Research Park

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)1.6 kmHigh

Industrial odor3 nearbyVery High

Point-source screening near Purdue Research Park: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Purdue Research Park

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

55

Somewhat Walkable

Walkability Score

13

Grocery

23

Dining

7

Schools

1

Universities

1

Hospitals

4

Pharmacies

15

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Purdue Research Park's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Purdue Research Park vs West Lafayette vs Indiana

How Purdue Research Park benchmarks against its city and state medians.

Benchmark vs City & State

In Purdue Research Park, the median sale price sits in line with the median for West Lafayette neighborhoods and about 13% above the statewide median. Gross rental yield is 5.2%, against 5.2% for West Lafayette neighborhoods and 6.2% statewide. Over the past 12 months, prices rose 2.9%. Transaction liquidity sits in line with the median for West Lafayette neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Purdue Research Park	$188/sqft	5.2%	43
West Lafayette	$188/sqft	5.2%	43
Indiana	$166/sqft	6.2%	33

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Buying Property in the US as a Foreigner

Federal & Indiana tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.76% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 3.0%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: none statewide (local tax may apply).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Indiana property-tax guidance for foreign buyers

Latest West Lafayette Real-Estate News

New Fed chairman may leave mortgage rates mostly unchanged

Guaranteed Rate • Jun 18, 2026

Household real estate wealth hits record $48.7 trillion

Eye On Housing • Jun 18, 2026

U.S. commercial property prices hit record as deal patterns shift

Altus Group • Jun 18, 2026

Purdue Research Park Real Estate FAQ

Purdue Research Park in West Lafayette, Indiana is a yield-focused market with gross yield of 5.2 and prices in line with West Lafayette. It sits about 13% above Indiana, has a Red Flag score of 60, and prices have risen 2.9% over the past year, which points to moderate momentum and moderate risk.

Neighborhoods near Purdue Research Park

Compare Purdue Research Park with nearby neighborhoods in West Lafayette.

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