What is the average apartment size in Fort Wayne?

The average size for a Fort Wayne, IN apartment is 897 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Fort Wayne?

As of Oct / 2025, the average rent in Fort Wayne is $1,126 per month, a 0.14% decrease from last year’s average of $1,128.

How much does rent cost by apartment size in Fort Wayne?

In Fort Wayne, studios rent for $789 per month, one-bedroom units average $962 per month, two-bedrooms cost around $1,189 per month, and three-bedroom apartments rent for about $1,488 per month

What is the average apartment size in Fort Wayne?

The typical apartment in Fort Wayne offers about 897 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Fort Wayne?

Studio apartments in Fort Wayne average 456 sq. ft., one-bedrooms offer 673 sq. ft., two-bedrooms are about 1,004 sq. ft., and three-bedroom apartments average 1,326 sq. ft.

What are the most affordable neighborhoods in Fort Wayne?

The most affordable neighborhoods in Fort Wayne include Southtown Meadows ($960/month), Tara ($1,063/month), and Frances Slocum ($1,075/month), all below the citywide average of $1,126.

Fort Wayne, IN Rental Market Trends

Q: What's the typical rent budget in Fort Wayne?

The typical rent budget in Fort Wayne ranges from $1,001 to $1,500 per month, with 46% of rentals in this range.

Q: Do most people rent or own in Fort Wayne?

In Fort Wayne, 38% of households rent while 62% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Fort Wayne is $1,126, a 0.14% decrease compared to the previous year, when the average rent was $1,128.

Studio Apartments at $789 offer the most budget-friendly option with 456 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 673 square feet for $962, balancing privacy and affordability.

Two-beedroom units at $1,189 offer 1,004 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,326 sq ft) for $1,488, suitable for larger households.

Average rent in Fort Wayne, IN

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,126	897 sq. ft.
Studio	$789	456 sq. ft.
1 Bed	$962	673 sq. ft.
2 Beds	$1,189	1,004 sq. ft.
3 Beds	$1,488	1,326 sq. ft.

Fort Wayne, IN rent trends

Rental prices in Fort Wayne, IN have decreased by 0.14% over the past year. The average rent moved from $1,128 to $1,126.

What's the typical rent budget in Fort Wayne, IN?

The largest share of rentals in Fort Wayne, IN (46%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Fort Wayne, IN?

41,401 or 38% of the households in Fort Wayne, IN are renter-occupied while 68,203 or 62% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Fort Wayne?

Southtown Meadows $960/month

Tara $1,063/month

Frances Slocum $1,075/month

All of these neighborhoods fall below the city wide average of $1,126/month.

Average Rent in Fort Wayne, IN By Neighborhood

Neighborhood	Average Rent
West Central Fort Wayne	$1,771
Royal Oaks	$1,742
Frances Slocum	$1,075
Tara	$1,063
Southtown Meadows	$960

Fort Wayne | Rent Comparison by Neighborhood

Rent in Frances Slocum is 38% lower than in Royal Oaks

$1,075

Frances Slocum rent is 5% lower than Fort Wayne average

Average Rent $1,075

$1,742

Royal Oaks rent is 55% higher than Fort Wayne average

Average Rent $1,742

How Fort Wayne Compares to Other Cities

City	Average Rent
Fort Wayne	$1,126
Indianapolis	$1,250
Evansville	$1,024
Bloomington	$1,595
New Albany	$1,114
Lafayette	$1,168
Jeffersonville	$1,223
Hammond	$1,224
South Bend	$1,343
Greenwood	$1,372
West Lafayette	$1,861
Auburn, IN	$1,207
Kendallville, IN	$929
New Haven, IN	$1,096
Huntington, IN	$912

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Fort Wayne apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.