What is the average apartment size in Fort Wayne?

The average size for a Fort Wayne, IN apartment is 897 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Fort Wayne?

As of Jan / 2026, the average rent in Fort Wayne is $1,143 per month, a 2.09% increase from last years average of $1,119.

How much does rent cost by apartment size in Fort Wayne?

In Fort Wayne, studios rent for $822 per month, one-bedroom units average $977 per month, two-bedrooms cost around $1,203 per month, and three-bedroom apartments rent for about $1,509 per month

What is the average apartment size in Fort Wayne?

The typical apartment in Fort Wayne offers about 897 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Fort Wayne?

Studio apartments in Fort Wayne average 453 sq. ft., one-bedrooms offer 673 sq. ft., two-bedrooms are about 1,004 sq. ft., and three-bedroom apartments average 1,326 sq. ft.

What are the most expensive neighborhoods in Fort Wayne?

The most expensive neighborhoods in Fort Wayne are Colonial Oaks ($1,580/month), Royal Oaks ($1,742/month), and West Central Fort Wayne ($1,782/month), often due to premium locations and high-end amenities.

Fort Wayne, IN Rental Market Trends

Q: What's the typical rent budget in Fort Wayne?

The typical rent budget in Fort Wayne ranges from $1,001 to $1,500 per month, with 47% of rentals in this range.

Q: Do most people rent or own in Fort Wayne?

In Fort Wayne, 38% of households rent while 62% own their homes, based on the latest U.S. Census data.

Q: What are the most affordable neighborhoods in Fort Wayne?

The most affordable neighborhoods in Fort Wayne include Southwest Vaynedale ($850/month), Parkview Addition ($871/month), and Spy Run ($889/month), all below the citywide average of $1,143.

Last updated: February 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Fort Wayne is $1,143, a 2.09% increase compared to the previous year, when the average rent was $1,119.

Studio Apartments at $822 offer the most budget-friendly option with 453 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 673 square feet for $977, balancing privacy and affordability.

Two-beedroom units at $1,203 offer 1,004 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,326 sq ft) for $1,509, suitable for larger households.

Average rent in Fort Wayne, IN

Last updated: February 19, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,143	897 sq. ft.
Studio	$822	453 sq. ft.
1 Bed	$977	673 sq. ft.
2 Beds	$1,203	1,004 sq. ft.
3 Beds	$1,509	1,326 sq. ft.

Fort Wayne, IN rent trends

Rental prices in Fort Wayne, IN have increased by 2.09% over the past year. The average rent moved from $1,119 to $1,143.

What's the typical rent budget in Fort Wayne, IN?

The largest share of rentals in Fort Wayne, IN (47%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Fort Wayne, IN?

41,401 or 38% of the households in Fort Wayne, IN are renter-occupied while 68,203 or 62% are owner-occupied.

Most affordable neighborhoods in Fort Wayne?

Southwest Vaynedale $850/month

Parkview Addition $871/month

Spy Run $889/month

All of these neighborhoods fall below the city wide average of $1,143/month.

Most expensive neighborhoods in Fort Wayne?

Colonial Oaks $1,580/month

Royal Oaks $1,742/month

West Central Fort Wayne $1,782/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Fort Wayne, IN By Neighborhood

Neighborhood	Average Rent
West Central Fort Wayne	$1,782
Royal Oaks	$1,742
Colonial Oaks	$1,580
Indian Village	$1,116
Tara	$1,062
Westmoor Park	$1,017
Monarch Park	$998
Southtown Meadows	$985
South Suburban Civic	$947
Spy Run	$889
Parkview Addition	$871
Southwest Vaynedale	$850

Fort Wayne | Rent Comparison by Neighborhood

Rent in Colonial Oaks is 42% higher than in Indian Village

$1,580

Colonial Oaks rent is 38% higher than Fort Wayne average

Average Rent $1,580

$1,116

Indian Village rent is 2% lower than Fort Wayne average

Average Rent $1,116

How Fort Wayne Compares to Other Cities

City	Average Rent
Fort Wayne	$1,143
Indianapolis	$1,252
Jeffersonville	$1,240
Greenwood	$1,369
New Albany	$1,121
Bloomington	$1,631
Noblesville	$1,545
Carmel	$1,658
Fishers	$1,646
Lafayette	$1,198
Evansville	$1,024
Kendallville, IN	$936
New Haven, IN	$1,087
Auburn, IN	$1,221
Huntington, IN	$890

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Fort Wayne apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.