Rental market snapshot for Fort Wayne, Indiana

Fort Wayne, Indiana Rental Property Market Overview

The average rent for an apartment in Fort Wayne is $1,199. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 8.6% over the past year.

Fort Wayne is a city in the U.S. state of Indiana and the county seat of Allen County, United States. Located in northeastern Indiana, the city is 18 miles (29 km) west of the Ohio border and 50 miles (80 km) south of the Michigan border. With a population of 253,691 in the 2010 census, it is the second-most populous city in Indiana after Indianapolis, and the 75th-most populous city in the United States. It is the principal city of the Fort Wayne metropolitan area, consisting of Allen, Wells, and Whitley counties, a combined population of 419,453 as of 2011. Fort Wayne is the cultural and economic center of northeastern Indiana. The city is within a 300-mile (480 km) radius of major markets, including Chicago, Cincinnati, Cleveland, Detroit, Indianapolis, Louisville, and Milwaukee. In addition to the three core counties, the combined statistical area (CSA) includes Adams, DeKalb, Huntington, Noble, and Steuben counties, with an estimated population of 615,077.

Last Updated December 23, 2022

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Average monthly rent graph in Fort Wayne Indiana | Cost of Living

  • The most expensive ZIP Code in Fort Wayne is 46802 with an average price of $1,973
  • The cheapest ZIP Code in Fort Wayne is 46806 with an average price of $625

Fort Wayne ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
146802$1,973
246845$1,824
346816$1,595
446814$1,574
546825$1,532
646805$1,005

Live near Fort Wayne, Indiana's Top Sights and Attractions

Franke Park is a nature preserve that features hiking trails, a playground, a picnic shelter, and a pond.

Mcmillen Park is a large city park that features a playground, a swimming pool, a basketball court, and a picnic shelter. The park also has a walking trail and a pond.

Aboite Trail is a paved trail that runs through the Aboite Township of Fort Wayne, Indiana. The trail is used for walking, biking, and rollerblading. It is also a popular spot for bird watching.

Rivergreenway is a 25-mile long system of trails, parks, and green spaces that wind through Fort Wayne, Indiana. The greenway is used for recreation, transportation, and connecting people to the city's natural resources.

Shoaff Park is a large park with a pond, a playground, a basketball court, and a walking trail.

Hamilton Park is a beautiful, historic park located in the heart of downtown Fort Wayne. The park is home to a variety of events and activities throughout the year, including the popular Fort Wayne Farmers' Market. Visitors can also enjoy the park's scenic walking trails, playgrounds, and picnic areas.

Kreager Park is a large park with a playground, a basketball court, a pond, and a walking trail.

The Fort Wayne Children's Zoo is a 15-acre zoo located in Fort Wayne, Indiana. The zoo is home to more than 1,000 animals, including lions, tigers, giraffes, and elephants. The zoo also features a number of rides and attractions, including a carousel, a train, and a water play area.

Fort Wayne, Indiana area median rent change by ZIP Code map

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How does Fort Wayne compare to other cities in Indiana ?

citymedian price
Fort Wayne$1,600
Mccordsville$1,810
Greenwood$1,645
Clarksville$1,350
Anderson$1,349
Beech Grove$1,200
Jeffersonville$1,200
Hammond$1,100

Average household income in Fort Wayne area graph - US Census

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The median household income in Fort Wayne in 2021 was $51,454. This represents a 15.4% change from 2011 when the median was $44,597.

#categorypercent
0Less than $10,0006.0%
1$10,000 to $14,9994.8%
2$15,000 to $19,9995.8%
3$20,000 to $24,9995.8%
4$25,000 to $29,9995.3%
5$30,000 to $34,9996.0%
6$35,000 to $39,9994.8%
7$40,000 to $44,9995.3%
8$45,000 to $49,9995.0%
9$50,000 to $59,9998.7%
10$60,000 to $74,99911.3%
11$75,000 to $99,99913.0%
12$100,000 to $124,9997.4%
13$125,000 to $149,9994.1%
14$150,000 to $199,9993.6%
15$200,000 or more3.1%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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