Fort Wayne

Indiana · Ranked #3 of 102 metros

75Affordable

Median Home Price

🏠

$210K

Need $60K income

Median Rent

🔑

$950

Need $38K income

Housing Shortage

📉

6,000

units needed

Building Permits

🔨

3,500

annual

Median Income

💰

$57K

Pop: 416,257

Rent Burden

⚠️

27.0%

of renters paying >30%

Price Change (YoY)

📈

+5.5%

Homeownership

🏡

67.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricFort WayneNational
Price-to-Income Ratio3.7x6.1x
Rent Burden27.0%31.5%
Homeownership Rate67.0%65.5%
YoY Price Change+5.5%+3.5%
YoY Rent Change+4%+2.8%
Mortgage Denial Rate13.0%13.5%
Eviction Rate5.5%3.6%