Fort Wayne
Indiana · Ranked #187 of 373 metros
75Affordable
💡
Housing in Fort Wayne costs 3.36× the median income, below the national average of 4.5×. The median home price is $223K and median rent is $941/month. Fort Wayne ranks #187 of 373 metros for affordability.
Median Home Price
🏠$223K
Need $60K income
Median Rent
🔑$941
Need $38K income
Housing Shortage
📉6,000
units needed
Building Permits
🔨2,034
annual
Median Income
💰$66K
Pop: 416,257
Rent Burden
⚠️27.0%
of renters paying >30%
Price Change (YoY)
📈+5.5%
Homeownership
🏡69.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Fort Wayne | National |
|---|---|---|
| Price-to-Income Ratio | 3.36x | 6.1x |
| Rent Burden | 27.0% | 31.5% |
| Homeownership Rate | 69.0% | 65.5% |
| YoY Price Change | +5.5% | +3.5% |
| YoY Rent Change | +4% | +2.8% |
| Mortgage Denial Rate | 13.0% | 13.5% |
| Eviction Rate | 5.5% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +78.4%Since 2000: +165.1%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$892/mo
1 Bedroom$916/mo
2 Bedroom$1,113/mo
3 Bedroom$1,381/mo
4 Bedroom$1,512/mo
Zillow Market Data
Home Value (ZHVI)
$250K
1yr: +2.7%5yr: +44.0%
Rent (ZORI)
$1,153/mo
1yr: +3.0%5yr: +39.6%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$255K
Active Inventory
717
Days on Market
42
Sold Above List
20.8%
Price Drops
31.7%