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Average Rent in Fort Wayne, IN

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Current Versus Historical Fort Wayne, IN Rents

Fort Wayne rentals average $602 for a studio rental to $2,145 for a 4-bedroom rental. The median price of all currently available listings is $975, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $34 (-5.35%) year-over-year from $639 to $605. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,291 to $1,291. 2-bedroom rentals prices have increased by $612 (75.67%) year-over-year from $808 to $1,420. 3-bedroom rentals prices have increased by $878 (92.78%) year-over-year from $947 to $1,825. 4-bedroom rentals prices have increased by $1,487 (105.40%) year-over-year from $1,411 to $2,898. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.55% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 26.97% this month. 3-bedroom rents have gone up by 41.29% this month. 4-bedroom rents have gone up by 47.52% this month.
Beds
Price / Sqft
 May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.69 $605 $639 (-5.35%) $1,555 (-61.10%)
1 BR $1.46 $1,291 $1,291 (0.00%) $1,210 (6.72%)
2 BR $1.20 $1,420 $808 (75.67%) $1,060 (34.00%)
3 BR $1.07 $1,825 $947 (92.78%) $871 (109.57%)
4+ BR $0.93 $2,898 $1,411 (105.40%) $1,056 (174.43%)

Historical Rents in Fort Wayne, IN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Fort Wayne



Let's compare Fort Wayne, IN's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Fort Wayne



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Fort Wayne

The average rent for rentals in these counties is $925. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Wayne, Fort Wayne, IN. It's average rent per month is $925. Vice versa, with an average rent of $925, Wayne, Fort Wayne, IN is the most expensive county by Fort Wayne, IN.

Typically, rent for studios in Fort Wayne, IN is on par with the other counties nearby. In comparison, rent for one bedroom listings in Fort Wayne, IN is on par with the other counties nearby. Finally, rent for two bedrooms in Fort Wayne, IN is 2.21% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Wayne, Fort Wayne, IN $602 $800 $975 $925

Top Zipcodes Near Fort Wayne



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Fort Wayne Average Rents

What is the average rent price in Fort Wayne, IN?
The average monthly rental price for Fort Wayne, IN apartments for rent is approximately $975. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Fort Wayne, IN rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Fort Wayne, IN.
How much is a studio apartment in Fort Wayne, IN?
The average monthly rental price for studio apartments is $602 and an average price per square feet of $1.69. There are a total of 4 studio apartment listings currently available for rent in Fort Wayne.
How much is a one bedroom apartment in Fort Wayne, IN?
The average monthly rental price for one bedroom apartments is $800 and an average price per square feet of $1.46. There are a total of 38 one bedroom apartment listings currently available for rent in Fort Wayne.
How much is a two bedroom apartment in Fort Wayne, IN?
The average monthly rental price for two bedroom apartments is $997 and an average price per square feet of $1.20. There are a total of 36 two bedroom apartment listings currently available for rent in Fort Wayne.
How have rent prices in Fort Wayne, IN changed this year?
Rent prices for rentals in Fort Wayne, IN can fluctuate yearly. Specifically, studio rental prices have changed by -0.05%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.76%, and three bedroom rental prices have changed by 0.93% year-over-year.
What is a reasonable rent price in Fort Wayne, IN?
A reasonable rent price in Fort Wayne, IN is around $780/month. You can search for these reasonably priced rental listings on RentHop.
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