Last updated
Average Rent in Fort Wayne 46816 & Rent Trends
Rent prices and market trends across 1 apartment community in Fort Wayne 46816, Fort Wayne, IN. Updated daily.
Market Average
$1,050/mo
▼ 5.3% from last month
Lowest Available
$859/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
23
available now
Fort Wayne 46816 vs Fort Wayne, IN Average
Fort Wayne 46816 is cheaper the Fort Wayne, IN average by $55/mo (5%). The citywide average is $1,105/mo across all neighborhoods.
Is Rent Going Up or Down in Fort Wayne 46816?
As of May 2026, the average rent in Fort Wayne 46816 is $1,050 per month across 1 apartment community and 23 available units. Rents have decreased $56 (5.3%) over the past month.
The most affordable option is Black Pine Flats starting at $859/mo. By unit type, a 2-bedroom averages $1,050/mo.
Prices range from $859 to $1,379 per month. The most common price point is the $800 range, where 12 units are currently listed.
Fort Wayne 46816 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Fort Wayne 46816
Rent Prices by Apartment in Fort Wayne 46816
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Black Pine Flats | $859/mo | $1,050/mo | 23 | 4.3 |
Google Search Trends for Fort Wayne 46816 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Fort Wayne 46816
What is the average rent in Fort Wayne 46816?
Is rent going up or down in Fort Wayne 46816?
What is the cheapest apartment in Fort Wayne 46816?
How many apartments are available in Fort Wayne 46816?
What salary do I need to live comfortably in Fort Wayne 46816?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$42,000/year
30 percent rule -- using our average rent of $1,050/mo.
Comfortable income
$50,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($859/mo), you need to earn at least $34,000/year.
Median household income in Fort Wayne 46816 is $60,293 , about 20% above the comfortable-living threshold.
Cost of living in Fort Wayne 46816
Overall prices in Fort Wayne 46816 runs below the national average by about 10% (BEA Regional Price Parity index 89.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Fort Wayne 46816's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,050 |
| Utilities | $265 |
| Groceries | $512 |
| Transportation | $633 |
| Healthcare | $309 |
| Other goods and services | $494 |
| Estimated total | $3,262/mo |
Population
266,235
Median household income
$60,293
Census median rent
$959/mo
Rent as % of income
27.7%
Median age
35.0
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Fort Wayne 46816 Apartments
Browse all 1 communities with daily-updated pricing and availability.