FairRentWize

Fort Wayne vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 6% cheaper for renters. A 2-bedroom rents for $735/mo vs $777/mo in Fort Wayne — saving $504/year.

Rent by Unit Size

Unit SizeFort WayneLake CharlesDifference
Studio$499$490$9
1 Bedroom$639$592$47
2 Bedrooms$777$735$42
3 Bedrooms$969$930$39
4 Bedrooms$1,175$984$191
Median Income$47,806$45,479$2,327

Fort Wayne

Studio
$499/mo
1 BR
$639/mo
2 BR
$777/mo
3 BR
$969/mo
4 BR
$1,175/mo
Median Income
$47,806/yr
Full Fort Wayne profile →

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Frequently Asked Questions

Is Fort Wayne or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $777/mo in Fort Wayne. That's $42/mo or $504/year more expensive in Fort Wayne (6% higher).
What is the 2-bedroom rent in Fort Wayne vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Fort Wayne is $777/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Fort Wayne and Lake Charles?
The median household income in Fort Wayne is $47,806/year. In Lake Charles it is $45,479/year. Fort Wayne has the higher median income.
What is the studio rent in Fort Wayne vs Lake Charles?
A studio apartment Fair Market Rent in Fort Wayne is $499/mo. In Lake Charles it is $490/mo.