Fort Wayne, IN housing market
Typical home value
$245K
▲ 3.3% 1 yr
Typical rent
$1,257/mo
▲ 6.5% 1 yr
Gross rent yield
6.2%
U.S. 6.3%
5-year home value change
+34%
U.S. +20%
Key takeaways
- 1The typical home in Fort Wayne is worth $245,193, up 3.3% over the past year and up 34% over five years.
- 2Typical rent is $1,257 a month (+6.5% YoY), a gross rent yield of 6.2% (above the Fort Wayne, IN metro's 5.9%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,347/mo, $90 more than typical rent.
- 4Zillow forecasts the Fort Wayne, IN metro's home values to change +3.8% over the next 12 months.
Market temperature (Fort Wayne, IN metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 45/100, #205 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Fort Wayne compares
| Measure | Fort Wayne | Fort Wayne, IN metro | United States |
|---|---|---|---|
| Typical home value | $245,193 | $257,074 | $366,157 |
| Home value, 1-yr change | +3.3% | +3.6% | +1.2% |
| Typical rent | $1,257 | $1,266 | $1,932 |
| Rent, 1-yr change | +6.5% | +6.6% | +2.7% |
| Gross rent yield | 6.2% | 5.9% | 6.3% |
| Price-to-rent ratio | 16.3 | 16.9 | 15.8 |
| Mortgage P&I, typical home | $1,347 | $1,413 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Fort Wayne rental, pre-filled.
Rent vs buy in Fort Wayne
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $245K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.