Average Rent in Fort Wayne, IN
The Fair Market Rent for a 2-bedroom in Fort Wayne, IN is $1,113 per month, based on HUD data. With a median household income of $69,378, a household would spend 19.3% of income on housing at Fair Market Rent. Rent has increased 2.2% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $892 |
| 1 Bedroom | $916 |
| 2 Bedroom | $1,113 |
| 3 Bedroom | $1,381 |
| 4 Bedroom | $1,512 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $69,378 |
| Rent Burden (2BR FMR / Income) | 19.3% |
| Income Needed for 2BR (30% rule) | $44,520/yr |