Skyline Tower
855 Webster St,
Fort Wayne, IN 46802
Studio - 3 Beds | $1,269 - $2,559
Rental Market Trends in Fort Wayne, IN
What is the average rent in Fort Wayne, IN?
$960/month
Average Rent
686 Sq Ft
Average Apartment Size
+1.4%
Increase in the Last Year
As of August 2025, the average rent in Fort Wayne, IN is $960 per month. This is 41% lower than the national average rent of $1,637/month, making renting in Fort Wayne more affordable than most cities in the US. When you rent an apartment in Fort Wayne, you can expect to pay about $791 per month for a studio, $960 for a one-bedroom apartment, and around $1,222 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,436 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Fort Wayne, IN?
In the past year, rent has increased by 1.4%, which averages out to $14 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated August 2025
Legend
2024
2025
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Fort Wayne?
Based on current rent prices, Bridgedale Terrace, South Fort Wayne and South Bridge are the most affordable neighborhoods in Fort Wayne.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Fort Wayne?
Based on current rent prices, The Landing Historic District, Brookview Civic and Downtown Fort Wayne are the most expensive neighborhoods in Fort Wayne.
Neighborhood
Average Rent
Average Sq Ft
Which Fort Wayne neighborhoods have the most rentals available?
The neighborhoods in Fort Wayne with the most apartments available are North Fort Wayne, Southwest Fort Wayne and Downtown Fort Wayne .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Fort Wayne, IN?
Because the average rent in Fort Wayne is $960, you’ll want to make about $3,200 per month or $38,400 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Fort Wayne, IN is 8.9% lower than the national average. Generally, housing in Fort Wayne is 21.1% less expensive than the national average, with rent falling between $791 - $1,436. You can expect to pay 1.1% less for groceries, 8.5% less for utilities, and 0.7% more for transportation.
How does Fort Wayne, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Fort Wayne, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Nearby City Rent Trends
Apartment communities in Fort Wayne we think you'll love
Property Management Companies in Fort Wayne, IN
CYM Living
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48
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14
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Edward Rose & Sons
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Birge & Held
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Mid-America Management
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15
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BAM Companies
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24
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5,627
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IGC Residential Property Management
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27
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3,569
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18
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Soundview Equities, LLC.
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21
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7
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Morgan Properties
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97,970
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.