Skyline Tower
855 Webster St,
Fort Wayne, IN 46802
1-3 Beds | $1,484 - $2,539
Rental Market Trends in Fort Wayne, IN
What is the average rent in Fort Wayne, IN?
$934/month
Average Rent
680 Sq Ft
Average Apartment Size
+2.1%
Increase in the Last Year
As of January 2025, the average rent in Fort Wayne, IN is $934 per month. This is 40% lower than the national average rent of $1,554/month, making renting in Fort Wayne more affordable than most cities in the US. When you rent an apartment in Fort Wayne, you can expect to pay about $779 per month for a studio, $934 for a one-bedroom apartment, and around $1,195 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,487 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Fort Wayne, IN?
In the past year, rent has increased by 2.1%, which averages out to $20 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Fort Wayne, IN
Last Updated January 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
32%
$700 - $1,000/month
30%
$1,001 - $1,500/month
18%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Fort Wayne?
Based on current rent prices, Hoagland Masterson, Bloomingdale and Continential Park are the most affordable neighborhoods in Fort Wayne.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Fort Wayne?
Based on current rent prices, Downtown Fort Wayne, Brookview Civic and Bohde Grove are the most expensive neighborhoods in Fort Wayne.
Neighborhood
Average Rent
Average Sq Ft
Which Fort Wayne neighborhoods have the most rentals available?
The neighborhoods in Fort Wayne with the most apartments available are North Fort Wayne, Southwest Fort Wayne and Downtown Fort Wayne .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Fort Wayne, IN?
Because the average rent in Fort Wayne is $934, you’ll want to make about $3,113 per month or $37,356 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Fort Wayne, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Fort Wayne, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$830/month
One Bedroom
-
$1,233/month
Two Bedroom
-
$1,882/month
Three Bedroom
-
$2,587/month
Nearby City Rent Trends
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IGC Residential Property Management
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27
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Soundview Equities, LLC.
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Morgan Properties
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.