Fort Wayne, IN Rental Market Trends

Q: What are the most popular neighborhoods in Fort Wayne?

The most popular neighborhood in Fort Wayne is Covington , where there are 2 listings with an average rent of $1,144. Next up is Royal Oaks , where apartments go for $1,289/month, followed by West Central Fort Wayne with $1,402 If you’re looking to rent in Fort Wayne’s most popular neighborhoods, make sure to also check out Blackhawk , where renters pay $1,037 on average, and Concordia Gardens , where the average monthly rent is $1,273.

What is the average rent in Fort Wayne?

The average rent for an apartment in Fort Wayne is $1,167. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Fort Wayne, IN

Last updated November 2024

Average Rent	Average Apartment Size
$1,167	915 sq. ft.

What is the average apartment size in Fort Wayne?

The average size for a Fort Wayne, IN apartment is 915 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.

Fort Wayne, IN apartment rent ranges

Fort Wayne, IN Occupied Housing Units

40,334 or 37% of the households in Fort Wayne, IN are renter-occupied while 67,430 or 63% are owner-occupied.

Fort Wayne, IN rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Fort Wayne, IN By Neighborhood

City	Average Rent
Amber Ridge	$1,625
Barrington	$1,625
Bittersweet Lakes	$1,625
Eagle Creek	$1,625
Sycamore Hills	$1,625
Eagle Lake	$1,560
Longwood	$1,560
Pine Valley	$1,560
Woodmont	$1,560
Brookmill Tenan	$1,402
Interurban Acres	$1,402
West Central Fort Wayne	$1,402
Westfield	$1,402
Creighton Home - Oakdale	$1,314
Colonial Oaks	$1,313
Daus Suburban	$1,313
Falls of Keiffer Creek	$1,313
Hidden Pointe - Stone Canyon	$1,313
Northbrook	$1,313
Northwest Lima Woods	$1,313
Seven Oaks	$1,313
LaRez	$1,301
Arlington Park	$1,289
Centerhurst	$1,289
Chandlers Landing	$1,289
Cherry Hill	$1,289
Hillsboro	$1,289
Jonathon Oaks	$1,289
Maplewood	$1,289
Parkview Addition	$1,289
Riverbend	$1,289
Royal Oaks	$1,289
Sunny Meadows - Blum	$1,289
Sunnybrook	$1,289
Concordia Gardens	$1,273
Mill Ridge Place	$1,270
Ludwig Circle	$1,265
Ludwig Park	$1,265
Aldale Acres	$1,252
Colonial Park	$1,252
Crestwood Colony	$1,252
Fallen Timbers	$1,252
Limberlost Acres	$1,252
Lincoln Village	$1,252
Millstone	$1,252
Springwood - Orchard Woods	$1,252
Wallen Chase	$1,252
Woodland Lake	$1,252
Fairfield	$1,241
Reckeweg	$1,216
Wildwood Park	$1,216
Cantebury Green	$1,191
Broad River	$1,167
Northcrest	$1,159
Tara	$1,159
Woodlands Of Riverside	$1,159
Aboite Meadows	$1,144
Brierwood Hills	$1,144
Cooper Hill - Oakborough	$1,144
Country Club	$1,144
Country Club Gardens	$1,144
Covington	$1,144
Glens of Liberty Mill	$1,144
Hamlets of Woodland Ridge	$1,144
Haverhill	$1,144
Hillside Acres	$1,144
Inverness Hills	$1,144
Inverness Lakes	$1,144
Kekionga Shores	$1,144
Liberty Hill	$1,144
Poplar Ridge	$1,144
Rolling Hills	$1,144
Shorewood	$1,144
West Lakes	$1,144
Westlawn	$1,144
Westmoor Park	$1,144
Wilmarbee	$1,144
Maumee Terrace	$1,144
Woodhurst	$1,086
Fairfield Terrace - Belmont	$1,064
Ansley Acres	$1,054
Bass - Leesburg	$1,054
Bloomingdale	$1,054
Fall Creek	$1,054
Five Points	$1,054
Franke Park	$1,054
Hamilton	$1,054
Lincoln Park	$1,054
Lindenwood	$1,054
Log Cabin	$1,054
Nebraska	$1,054
North Highlands	$1,054
Tower Heights	$1,054
Westwood	$1,054
Blackhawk	$1,037
Bullerman Park - Oakhurst	$1,037
Caribe Colony	$1,037
Curdes Homewood	$1,037
Glenwood Park	$1,037
Hacienda Village	$1,037
Lake Forest	$1,037
Maplewood Park	$1,037
Monarch Park	$1,037
Ranchwood	$1,037
Village of Buckingham	$1,037
Kensington Downs	$1,023
Kensington Villas	$1,023
Winterset	$1,005
Frances Slocum	$996
Avalon Place	$955
Lakewood Park	$955
Beacon - Maysville Heights	$940
Brentwood Park	$940
Brook New Civic	$940
Forest Park Boulevard	$940
Highland Park	$940
Lake Fort Wayne	$940
Northside Fort Wayne	$940
Park Place	$940
Spy Run	$940
Morning Side Terrace	$931
East Central Fort Wayne	$921
McCormick Place	$921
Memorial Park	$921
Renaissance Pointe	$921
Oxford	$914
Southtown Meadows	$911
Eastland Gardens	$895
South Suburban Civic	$895
Southwick Village	$895
Trier Ridge Park	$895
Anthony Wayne	$874
McMillen Park	$874
Mount Vernon Park	$874
Rolling Rose	$874
Airport	$847
Indian Village	$847
Old Trail	$847
Southwest Vaynedale	$847

What are the most affordable neighborhoods in Fort Wayne?

The most affordable neighborhoods in Fort Wayne are Airport, where the average rent goes for $847/month, Indian Village, where renters pay $847/mo on average, and Old Trail, where the average rent goes for $847/mo. If you’re looking for other great deals, check out the listings from Southwest Vaynedale ($847), Anthony Wayne ($874), and McMillen Park ($874), where the asking prices are below the average Fort Wayne rent of $1,167/mo.

What are the most expensive neighborhoods in Fort Wayne?

The most expensive neighborhoods in Fort Wayne are Bittersweet Lakes ($1,625), Eagle Creek ($1,625) and Sycamore Hills ($1,625).

What are the most popular neighborhoods in Fort Wayne?

The most popular neighborhood in Fort Wayne is Covington, where there are 2 listings with an average rent of $1,144. Next up is Royal Oaks, where apartments go for $1,289/month, followed by West Central Fort Wayne with $1,402 If you’re looking to rent in Fort Wayne’s most popular neighborhoods, make sure to also check out Blackhawk, where renters pay $1,037 on average, and Concordia Gardens, where the average monthly rent is $1,273.

Fort Wayne | Rent Comparison by Neighborhood

Rent in Aboite Meadows is 35% higher than in Airport

$1,144

Aboite Meadows rent is 2% lower than Fort Wayne average

Average Rent $1,144

$847

Airport rent is 27% lower than Fort Wayne average

Average Rent $847

How Fort Wayne Compares to Other Cities

State	Average Rent
Indianapolis	$1,238
New Albany	$1,088
Greenwood	$1,320
Bloomington	$1,600
Jeffersonville	$1,161
South Bend	$1,295
Lafayette	$1,108
Fort Wayne	$1,167
Carmel	$1,618
Fishers	$1,587
Hammond	$1,167
Kendallville	$884
New Haven	$911
Ligonier	$826
Auburn	$1,036
Bluffton	$1,033
Columbia City	$989
Huntington	$850

What is the average price for a storage unit in Fort Wayne?

The average rent for a non-climate-controlled 10'x10' storage unit in Fort Wayne is $94.32. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.