FairRentWize

Fort Wayne Fair Market Rent 2026

HUD Fair Market Rent data for the Fort Wayne metropolitan area. Median household income: $47,806/year. Vacancy rate: 4%.

2BR FMR

$777/mo

Median Income

$47,806

Vacancy Rate

4%

Rent Burden

19.5%

Fair Market Rent by Bedroom Size

Studio$499/mo
1 Bedroom$639/mo
2 Bedroom$777/mo
3 Bedroom$969/mo
4 Bedroom$1,175/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $47,806/year can afford up to $1,195/mo in rent.

The 2BR FMR of $777/mo represents 19.5% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 4% in Fort Wayne indicates a tight rental market. Low vacancy means more competition for available units and potential upward pressure on rents.

Frequently Asked Questions

What is the average rent in Fort Wayne?

The 2026 HUD FMR for a 2-bedroom in the Fort Wayne metro area is $777/month. 1BR: $639, 3BR: $969.

What is the vacancy rate in Fort Wayne?

The rental vacancy rate in Fort Wayne is 4%. A rate below 5% typically indicates a tight rental market.

Is Fort Wayne affordable for renters?

With a median income of $47,806 and 2BR rent at $777/mo, rent takes about 20% of income in Fort Wayne.

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