RentData.org

RentData.org Logo Fort Wayne Fair Market Rent FY 2023 Fort Wayne, IN MSA Rental Data

Fair Market Rent Prices in Fort Wayne, IN :
$658 $743 $911 $1,161 $1,266
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Fort Wayne are average compared to the national average. This FMR area is more expensive than 63% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Fort Wayne is $911 per month.

The previous year, rent for a two-bedroom home was $822 per month. This is a 10.83% increase year-over-year.

This FMR rate applies to Arcola, IN, Zanesville, IN, Yoder, IN, Harlan, IN, Spencerville, IN, Grabill, IN, Woodburn, IN, Huntertown, IN, Leo, IN, Roanoke, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO23060M23060.

Additionally, This Fair Market Rent (FMR) area Fort Wayne, IN MSA spans one county or city in Indiana which is listed in the table below. Estimated population of Fort Wayne, IN MSA FMR area is 375,520 people based on latest Census data.

Compared to the rest of Indiana, the Fort Wayne FMR area is more expensive than 69% of the state.

Indiana Rents Map

Click on the map to view more another region.

See Nationwide Map

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Fort Wayne. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Fort Wayne

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 700
1-BR 1-Bedroom $ 790
2-BR 2-Bedroom $ 969
3-BR 3-Bedroom $ 1235
4-BR 4-Bedroom $ 1346
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Fort Wayne, IN MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Ft. Wayne.

County / Region Est. Population
Fort Wayne, IN Metro 375,520
Zip Codes in Fort Wayne, IN MSA

There are 53 unique zip codes in this Fair Market Rent (FMR) area:

46704, 46706, 46723, 46741, 46743, 46748, 46765, 46774, 46783, 46788, 46797, 46798, 46799, 46802, 46803, 46804, 46805, 46806, 46807, 46808, 46809, 46814, 46815, 46816, 46818, 46819, 46825, 46835, 46845, 46850, 46851, 46852, 46853, 46854, 46855, 46856, 46857, 46858, 46859, 46860, 46861, 46862, 46863, 46864, 46865, 46866, 46867, 46868, 46869, 46885, 46895, 46898 and 46899

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

Top