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Fair Market Rent Prices in Fort Wayne, IN :
$490 $538 $687 $884 $1,002
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 62% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Fort Wayne is $687 per month.

The previous year, rent for a two-bedroom home was $664 per month. This is a 3.46% increase year-over-year.

This FMR rate applies to Arcola, IN, Petroleum, IN, Zanesville, IN, Liberty Center, IN, Keystone, IN, Poneto, IN, Uniondale, IN, Yoder, IN, Harlan, IN, Spencerville, 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 three counties or cities in Indiana which ares listed in the table below. Estimated population of Fort Wayne, IN MSA FMR area is 416,257 people based on latest Census data.

Compared to the rest of Indiana, the Fort Wayne FMR area is more expensive than 70% of the state.

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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 $ 524
1-BR 1-Bedroom $ 575
2-BR 2-Bedroom $ 734
3-BR 3-Bedroom $ 944
4-BR 4-Bedroom $ 1071
Change Year:

The counties, cities, towns, and regions listed below fall into the Fort Wayne, IN MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Ft. Wayne.

County / Region Est. Population
Allen County, IN Metro 355,329
Wells County, IN Metro 27,636
Whitley County, IN Metro 33,292
Zip Codes in Fort Wayne, IN MSA

There are 58 unique zip codes in this Fair Market Rent (FMR) area:

46704, 46706, 46723, 46741, 46743, 46748, 46759, 46765, 46766, 46774, 46778, 46781, 46783, 46788, 46791, 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

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