FairRentWize

Fort Wayne vs Springfield

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Springfield is 8% cheaper for renters. A 2-bedroom rents for $720/mo vs $777/mo in Fort Wayne — saving $684/year.

Rent by Unit Size

Unit SizeFort WayneSpringfieldDifference
Studio$499$490$9
1 Bedroom$639$583$56
2 Bedrooms$777$720$57
3 Bedrooms$969$925$44
4 Bedrooms$1,175$987$188
Median Income$47,806$37,539$10,267

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 →

Springfield

Studio
$490/mo
1 BR
$583/mo
2 BR
$720/mo
3 BR
$925/mo
4 BR
$987/mo
Median Income
$37,539/yr
Full Springfield profile →

Frequently Asked Questions

Is Fort Wayne or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $777/mo in Fort Wayne. That's $57/mo or $684/year more expensive in Fort Wayne (8% higher).
What is the 2-bedroom rent in Fort Wayne vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Fort Wayne is $777/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Fort Wayne and Springfield?
The median household income in Fort Wayne is $47,806/year. In Springfield it is $37,539/year. Fort Wayne has the higher median income.
What is the studio rent in Fort Wayne vs Springfield?
A studio apartment Fair Market Rent in Fort Wayne is $499/mo. In Springfield it is $490/mo.