Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fort Wayne area can be challenging. Home prices in Fort Wayne are now at a median cost of $171,863, lower than the Indiana average of $175,617.
The average cost of rent is $1,015/mo in Fort Wayne, primarily driven by the current value of real estate in the Fort Wayne area. While nearly 35.69% of residents own their homes outright in Fort Wayne, 29.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fort Wayne is $6,063 per month. Households that rent pay about 16.74% of their income on rent here. Fort Wayne's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Wallen, IN: higher priced homes
- New Haven, IN: less expensive homes
- Thurman, IN: equally priced homes
- Arcola, IN: higher priced homes
- Nine Mile, IN: less expensive homes
- Tanglewood, IN: less expensive homes
- Huntertown, IN: higher priced homes
- Maples, IN: less expensive homes
- Leo-Cedarville, IN: higher priced homes
- Ellisville, IN: higher priced homes
Cities with Similar Populations
- Spring Hill, FL: equally priced homes
- Stockbridge, GA: equally priced homes
- Springfield, MO: equally priced homes
- Springdale, AR: higher priced homes
- St. Paul, MN: higher priced homes
- Springfield, MA: higher priced homes
- St. Cloud, MN: equally priced homes
- St. George, UT: higher priced homes
- Sparks, NV: higher priced homes
- Springfield, OH: less expensive homes
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