Rentometer, Inc. | Data as of 10/22/2025
Fort Wayne’s rental market offers a diverse mix of apartments and single‑family homes that cater to students, young professionals, and families alike. The city’s compact downtown is anchored by the vibrant Riverfront Plaza and the historic Embassy Theatre, while neighborhoods such as Near Southeast and West Central provide quiet, tree‑lined streets and easy access to parks, schools, and shopping districts. With a strong presence of local employers and several universities, demand for flexible housing options remains steady across the metro area.
Apartment rentals in Fort Wayne accommodate a broad spectrum of needs. Studios are typically priced in the $860 range, making them an affordable entry point for renters seeking a low‑maintenance lifestyle. One‑bedroom units average around $1,100, while two‑bedroom apartments often hover near $1,340, providing comfortable space for small families or roommates. Larger three‑ and four‑plus bedroom apartments reach the $1,800 and $1,500‑$1,700 median levels, respectively, appealing to those who desire extra room for home offices or growing households. The city’s housing stock also includes well‑maintained houses, with one‑bedroom homes averaging just under $1,000 and three‑bedroom homes near $1,400, delivering a balance of space and affordability.
Beyond the numbers, Fort Wayne’s rental community benefits from a rich cultural scene, including the Fort Wayne Children’s Zoo, the iconic Foellinger‑Freimann Botanical Conservatory, and an array of local breweries and eateries. Proximity to major thoroughfares like I‑69 and I‑469 ensures convenient commutes to surrounding suburbs and regional attractions. Whether you’re seeking a modern downtown loft, a suburban family house, or a student‑friendly apartment near Indiana University–Fort Wayne, the city’s rental landscape offers options that blend affordability, convenience, and a welcoming Midwestern atmosphere.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $848 | $800 | $575 - $1,566 | $669 - $999 |
| Apartment | 1 Bedroom | $1,106 | $1,016 | $550 - $2,661 | $830 - $1,225 |
| Apartment | 2 Bedroom | $1,318 | $1,189 | $640 - $3,331 | $1,029 - $1,500 |
| Apartment | 3 Bedroom | $1,726 | $1,447 | $800 - $4,863 | $1,200 - $1,730 |
| Apartment | 4+ Bedroom | $1,496 | $1,499 | $600 - $2,386 | $1,199 - $2,386 |
| House | 1 Bedroom | $949 | $999 | $800 - $1,050 | $800 - $1,050 |
| House | 2 Bedroom | $1,157 | $1,100 | $520 - $1,950 | $900 - $1,350 |
| House | 3 Bedroom | $1,447 | $1,400 | $700 - $3,000 | $1,150 - $1,700 |
| House | 4+ Bedroom | $1,788 | $1,685 | $920 - $4,950 | $1,399 - $2,100 |
In the current period, the average rent in Fort Wayne was $849 for Studio, $1,100 for 1 Bedroom, $1,253 for 2 Bedroom, $1,497 for 3 Bedroom, and $1,747 for 4+ Bedroom.
Data provided by Rentometer, Inc.