In Fort Wayne, a typical home is worth $188,900 and typical rent is $999 a month. Compared with all of Allen County, typical household income is 13% lower, the typical home value is 12% lower, and the share of households that own their home is 7 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $182,370 to $245,193.
Typical rent
$1,257a month
▲ 6.5% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $960 to $1,257.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Fort Wayne is in Allen County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Allen County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Garrett, the typical home value is $154,200: 18% less than in Fort Wayne ($188,900).
2
62% of households in Fort Wayne own their home, against 69% in Allen County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Fort Wayne
What homes there are in Fort Wayne, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Fort Wayne
Allen County
Indiana
United States
Kind of home: Fort Wayne and its comparisons
Measure
Fort Wayne
Allen County
Indiana
United States
Detached house
68%
73%
73%
61%
Attached house
3%
3%
4%
6%
Building of 2 to 4
8%
6%
6%
8%
Apartments (5 or more)
19%
15%
13%
19%
Mobile home
2%
3%
4%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Fort Wayne, but it weighs less than in Allen County: 68% against 73%.
Year built
Before 19601960–19791980–19992000–20092010 or later
Fort Wayne
Allen County
Indiana
United States
Year built: Fort Wayne and its comparisons
Measure
Fort Wayne
Allen County
Indiana
United States
Before 1960
32%
28%
31%
26%
1960–1979
32%
28%
24%
24%
1980–1999
24%
23%
23%
25%
2000–2009
8%
12%
12%
14%
2010 or later
5%
10%
10%
11%
In Fort Wayne, half of the homes were built before 1972; in Allen County, before 1976.
Homes in Fort Wayne are smaller: 62% have 3 bedrooms or more; in Allen County, 68%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K17%
$100K–$200K37%
$200K–$300K29%
$300K–$500K14%
$500K–$750K2%
FHA limit: $541,287
$750K–$1M1%
$1M or more0%
Value of owner-occupied homes: Fort Wayne and its comparisons
Measure
Fort Wayne
Under $100K
17%
$100K–$200K
37%
$200K–$300K
29%
$300K–$500K
14%
$500K–$750K
2%
$750K–$1M
1%
$1M or more
0%
By price, most homes in Fort Wayne sit under the FHA limit for Allen County ($541,287): about 98%.
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $5006%
$500–$99944%
$1,000–$1,49941%
HUD fair market rent, 2 bedrooms: $1,248
$1,500–$1,9997%
$2,000–$2,4992%
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Fort Wayne and its comparisons
Measure
Fort Wayne
Under $500
6%
$500–$999
44%
$1,000–$1,499
41%
$1,500–$1,999
7%
$2,000–$2,499
2%
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
HUD's 2-bedroom fair market rent (FMR) for Allen County is $1,248; about 70% of rents in Fort Wayne are below it.
With a mortgage
$1,240 a month
Allen County: $1,346 a month
Without a mortgage
$494 a month
Allen County: $513 a month
Owners with a mortgage
63%
Allen County: 64%
Owning costs less in Fort Wayne: with a mortgage, the typical cost is $1,240 a month; in Allen County, $1,346. Without one, $494.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Fort Wayne+64%
Allen County+66%
Indiana+54%
United States+53%
Typical rent
Fort Wayne+31%
Allen County+32%
Indiana+29%
United States+33%
Typical household income
Fort Wayne+24%
Allen County+29%
Indiana+28%
United States+29%
Change since 2015–2019: Fort Wayne and its comparisons
Measure
Fort Wayne
Allen County
Indiana
United States
Typical home value
+64%
+66%
+54%
+53%
Typical rent
+31%
+32%
+29%
+33%
Typical household income
+24%
+29%
+28%
+29%
Much as in Allen County, the typical home value in Fort Wayne rose 64% since 2015–2019.
Rents in Fort Wayne rose at about the same pace as in Allen County: 31% since 2015–2019, against 32%.
Housing prices ran ahead of income in Fort Wayne: typical income rose 24%, against +64% for home values and +31% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Fort Wayne and its comparisons
Measure
Fort Wayne
Allen County
Indiana
United States
Rental vacancy
4.9%
5.0%
5.6%
5.5%
Homeowner vacancy
0.5%
0.6%
0.8%
0.9%
More than one person per room
1.8%
1.8%
1.8%
3.4%
People per household
2.38
2.47
2.46
2.53
Drive alone
77%
78%
76%
69%
Carpool
11%
10%
9%
9%
Public transit
1%
1%
1%
3%
Walk or bike
2%
2%
2%
3%
Work from home
9%
9%
11%
15%
Other means
1%
1%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Much as in Allen County, the rental vacancy rate in Fort Wayne is 4.9%.
More than one person per room: that is how 1.8% of households in Fort Wayne live, near the figure in Allen County (1.8%).
A household in Fort Wayne has 2.38 people on average, about the same as in Allen County (2.47).
To get to work, 77% of workers in Fort Wayne drive alone; in Allen County, 78%.
Do the math
What would you pay each month for a home in Fort Wayne?
A typical home is tight for the typical income
We start with a typical home in Fort Wayne, worth $188,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Fort Wayne, which is $61,422 a year. For that payment to be 28% of income, a household would need to earn about $66,471 a year.
The calculator's FHA and conventional loan limits are those of all of Allen County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Fort Wayne. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,612 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,551
at 7.18% · 30 years
Loan amount
$185,478
Total interest
$266,859
Paid off in
November 2056
Includes $3,190 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,433 a month
Tight
$1,433 to $1,843 a month
Your payment · 30%
Hard
more than $1,843 a month
Compared with the typical household income in Fort Wayne ($61,422 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,256
Property tax
$132
Home insurance
$79
FHA mortgage insurance (MIP)
$84
You need at least $6,612 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,551; principal and interest $1,256.
The city and its county
Fort Wayne and Allen County
Fort Wayne is in Allen County, Indiana. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Fort Wayne
Map of Allen County, Indiana, with Fort Wayne marked. Around it, the neighboring counties.
Fort Wayne
Allen County
Other cities with a page
Fort Wayne's own numbers
Typical home value
$188,900
Typical monthly rent
$999
Typical yearly household income
$61,422
Households that own their home
62%
Effective property tax rate
0.84%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Allen County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,248
Price change over 5 years (FHFA)
+66%
Homes in a high flood-risk zone
1.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Allen County.
A typical home in Fort Wayne is worth $188,900: 12% below the county and 13% below Indiana. With the typical household income in Fort Wayne ($61,422 a year), a typical home costs 3.1 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Fort Wayne3.1 years
Allen3.0 years
Indiana3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Allen County
According to FHFA’s house price index, home prices in Allen County rose 125% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Allen County.
Yearly change in FHFA’s price index in Allen County, 2016 to 2025
2016: +4.7% +4.7% 2016
2017: +5.2% +5.2% 2017
2018: +8.3% +8.3% 2018
2019: +7.1% +7.1% 2019
2020: +5.9% +5.9% 2020
2021: +13.8% +13.8% 2021
2022: +16.5% +16.5% 2022
2023: +12.0% +12.0% 2023
2024: +8.1% +8.1% 2024
2025: +3.7% +3.7% 2025
Change in FHFA’s price index in Allen County, Indiana and the United States
Period
County
Indiana
U.S.
Last year (2025)
+3.7%
+4.3%
+2.9%
5 years (2020–2025)
+66%
+53%
+47%
10 years (2015–2025)
+125%
+95%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Fort Wayne next to Allen County, Indiana and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Fort Wayne$188,900
Allen$214,900
Indiana$218,200
United States$332,700
Typical monthly rent
Fort Wayne$999
Allen$1,021
Indiana$1,062
United States$1,413
Typical yearly household income
Fort Wayne$61,422
Allen$70,737
Indiana$71,957
United States$80,734
See the full table
Fort Wayne next to Allen County and Indiana
Measure
Fort Wayne
Allen County
Indiana
U.S.
Typical home value
$188,900 ▼12% below the county
$214,900
$218,200
$332,700
Typical monthly rent
$999 ▼2% below the county
$1,021
$1,062
$1,413
Typical yearly household income
$61,422 ▼13% below the county
$70,737
$71,957
$80,734
Households that own their home
62% ▼7 points below the county
69%
71%
65%
Typical yearly property tax
$1,578 ▼7% below the county
$1,689
$1,614
$3,119
Effective property tax rate
0.84% ▲0.05 points above the county
0.79%
0.74%
0.94%
Renters with high rent for their income
47%
46%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Allen County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Fort Wayne
For a typical $188,900 home in Fort Wayne, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Fort Wayne's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,551a month
Least cash to close
Down payment
$6,612
Cash to close
$12,279
Rate
7.18%
Mortgage insurance
FHA MIP · $84
Conventional, 5% down$1,516a month
Down payment
$9,445
Cash to close
$15,112
Rate
7.18%
Mortgage insurance
PMI · $90
Conventional, 20% down, no PMI$1,235a month
Down payment
$37,780
Cash to close
$43,447
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,409a month
Down payment
$28,335
Cash to close
$34,002
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Fort Wayne
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,551
$6,612
$185,479
7.18%
FHA MIP · $84
$12,279
580
Conventional, 5% down
$1,516
$9,445
$179,455
7.18%
PMI · $90
$15,112
620*
Conventional, 20% down, no PMI
$1,235
$37,780
$151,120
7.18%
None
$43,447
620*
ITIN, 15% down (example)
$1,409
$28,335
$160,565
8.18%
None
$34,002
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Fort Wayne is $999 a month: 2% below the county. In Fort Wayne, 47% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Allen County, by unit size. To pay the 2-bedroom one ($1,248 a month) without spending more than 30% of your income, you would need to earn $24.00 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Allen County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,025
$19.71
$41,000
1 bedroom
$1,026
$19.73
$41,040
2 bedrooms
$1,248
$24.00
$49,920
3 bedrooms
$1,534
$29.50
$61,360
4 bedrooms
$1,679
$32.29
$67,160
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Fort Wayne
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Fort Wayne has 10 ZIP codes with their own.
For 2 bedrooms it runs from $1,100 in 46806 to $1,430 in 46825.
3 of the 10 are above the fair market rent for Allen County ($1,248).
2-bedroom fair market rent in each of the 10 ZIP codes of Fort Wayne, beside the one for Allen County. For 2 bedrooms it runs from $1,100 in 46806 to $1,430 in 46825. 3 of the 10 are above the fair market rent for Allen County ($1,248).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,248
Lowest: $1,100 (46806)Highest: $1,430 (46825)
Fair market rent by ZIP code and size in Fort Wayne, fiscal year 2027.
46802
$950
$950
$1,160
$1,430
$1,560
46803
$940
$950
$1,150
$1,410
$1,550
46804
$1,160
$1,160
$1,410
$1,730
$1,900
46805
$920
$920
$1,120
$1,380
$1,510
46806
$900
$900
$1,100
$1,350
$1,480
46807
$1,010
$1,010
$1,230
$1,510
$1,650
46808
$960
$960
$1,170
$1,440
$1,570
46815
$990
$990
$1,210
$1,490
$1,630
46825
$1,170
$1,180
$1,430
$1,760
$1,920
46835
$1,160
$1,160
$1,410
$1,730
$1,900
ZIP code2 bd3 bd
46802 $1,160$1,430
46803 $1,150$1,410
46804 $1,410$1,730
46805 $1,120$1,380
46806 $1,100$1,350
46807 $1,230$1,510
46808 $1,170$1,440
46815 $1,210$1,490
46825 $1,430$1,760
46835 $1,410$1,730
7 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Fort Wayne when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 59 buildings with rents for lower incomes in Fort Wayne. These are the largest.
Arbors of South Towne Square Apts7915 Decatur Rd, Fort Wayne 46816214 homes, 213 low-income · 1 bd: 213 · In service since 2007 · For older adults(260) 447-4502
Edsall House310 W Berry St, Fort Wayne 46802203 low-income homes · For older adults(260) 426-6370
Fairington Apartments Fort Wayne4931 Fairington Dr, Fort Wayne 46825201 low-income homes · For older adults(260) 484-2978
Cambridge Square Apartments7600 Cold Springs Blvd, Fort Wayne 46825200 low-income homes · 1 bd: 80 · 2 bd: 96 · 3 bd: 24 · In service since 2018 · For families(260) 489-5471
Villages of Hanna2177 Eden St, Fort Wayne 46803192 homes, 189 low-income · For families(260) 456-2157
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Allen County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Fort Wayne or Allen County. The ones below are statewide in Indiana: they work in Fort Wayne the same as in the rest of the state.
Indiana state agency program with down payment assistance of 2.5% or 3.5% of the price, alongside a 30-year FHA or conventional mortgage.Offered by Indiana Housing and Community Development Authority (IHCDA).
Indiana state agency 30-year FHA or conventional mortgage for first-time buyers (or homes in designated areas), with down payment assistance as a second mortgage with no interest or payments, repaid when the first mortgage ends.Offered by Indiana Housing and Community Development Authority (IHCDA).
No legal help resource on our list is for Fort Wayne or Allen County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Fort Wayne and all of Allen County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Fort Wayne?
The typical home value in Fort Wayne is $188,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Allen County it is $214,900.
How much does it cost to rent in Fort Wayne?
Typical rent in Fort Wayne is $999 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Allen County is $1,248.
What is the FHA loan limit in Fort Wayne?
Fort Wayne uses the FHA limit for all of Allen County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Fort Wayne?
The typical homeowner in Fort Wayne pays $1,578 a year, according to the U.S. Census Bureau. That is 0.84% of the home’s value; in Allen County, the rate is 0.79%.
Where can I find free help to buy or rent in Fort Wayne?
We found no HUD-approved counseling agencies with an office in Allen County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
