Fort Wayne vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 1% cheaper for renters. A 2-bedroom rents for $769/mo vs $777/mo in Fort Wayne — saving $96/year.
Rent by Unit Size
| Unit Size | Fort Wayne | Toledo | Difference |
|---|---|---|---|
| Studio | $499 | $521 | $22 |
| 1 Bedroom | $639 | $622 | $17 |
| 2 Bedrooms | $777 | $769 | $8 |
| 3 Bedrooms | $969 | $990 | $21 |
| 4 Bedrooms | $1,175 | $1,150 | $25 |
| Median Income | $47,806 | $44,170 | $3,636 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Fort Wayne or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $777/mo in Fort Wayne. That's $8/mo or $96/year more expensive in Fort Wayne (1% higher).
What is the 2-bedroom rent in Fort Wayne vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Fort Wayne is $777/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Fort Wayne and Toledo?
The median household income in Fort Wayne is $47,806/year. In Toledo it is $44,170/year. Fort Wayne has the higher median income.
What is the studio rent in Fort Wayne vs Toledo?
A studio apartment Fair Market Rent in Fort Wayne is $499/mo. In Toledo it is $521/mo.