Rental numbers for the Fort Wayne, IN metro
The typical home here runs -$782 a month at 7.78% with 25% down, breaking even at about 0.9%. 0 of 15 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.6%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 6.6%
- 15 ZIPs with full data
- Cash flow
- -$782/mo
- at 7.78%, 25% down
- Typical price
- $260,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,281/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
30 with published figures
| 46806Fort Wayne | $116,000 | $937 | 9.7% | 5.4% | -$103 | +6.4% |
| 46803Fort Wayne | $114,000 | $873 | 9.2% | 5.1% | -$133 | n/a |
| 46802Fort Wayne | $143,000 | $1,047 | 8.8% | 5.1% | -$164 | +4.2% |
| 46815Fort Wayne | $249,000 | $1,698 | 8.2% | 4.7% | -$362 | n/a |
| 46818Fort Wayne | $311,000 | $1,970 | 7.6% | 4.4% | -$531 | n/a |
| 46808Fort Wayne | $171,000 | $1,066 | 7.5% | 4.0% | -$359 | +1.9% |
| 46807Fort Wayne | $169,000 | $1,028 | 7.3% | 3.7% | -$396 | +7.6% |
| 46805Fort Wayne | $184,000 | $1,004 | 6.6% | 3.1% | -$512 | +3.8% |
| 46825Fort Wayne | $261,000 | $1,391 | 6.4% | 3.2% | -$718 | +4.9% |
| 46804Fort Wayne | $307,000 | $1,585 | 6.2% | 3.1% | -$868 | n/a |
| 46816Fort Wayne | $214,000 | $1,058 | 5.9% | 2.8% | -$649 | n/a |
| 46819Fort Wayne | $229,000 | $1,090* | 5.7% | 2.6% | -$736 | n/a |
| 46845Fort Wayne | $391,000 | $1,858 | 5.7% | 2.9% | -$1,172 | +7.9% |
| 46748Huntertown | $354,000 | $1,670* | 5.7% | 2.9% | -$1,055 | n/a |
| 46809Fort Wayne | $193,000 | $895 | 5.6% | 2.3% | -$667 | n/a |
| 46835Fort Wayne | $264,000 | $1,224 | 5.6% | 2.5% | -$882 | +9.0% |
| 46798Ossian | $296,000 | $1,340* | 5.4% | 2.8% | -$900 | n/a |
| 46814Fort Wayne | $461,000 | $2,049 | 5.3% | 2.5% | -$1,507 | n/a |
| 46774New Haven | $251,000 | $1,110* | 5.3% | 2.2% | -$886 | n/a |
| 46743Harlan | $285,000 | $1,150* | 4.8% | 2.1% | -$1,038 | n/a |
| 46787South Whitley | $248,000 | $980* | 4.7% | 1.8% | -$962 | n/a |
| 46797Woodburn | $290,000 | $1,130* | 4.7% | 2.0% | -$1,079 | n/a |
| 46741Grabill | $379,000 | $1,470* | 4.7% | 2.0% | -$1,413 | n/a |
| 46725Columbia City | $289,000 | $1,070* | 4.5% | 1.7% | -$1,156 | n/a |
| 46773Monroeville | $265,000 | $970* | 4.4% | 1.5% | -$1,109 | n/a |
| 46723Churubusco | $305,000 | $1,090* | 4.3% | 1.6% | -$1,239 | n/a |
| 46764Larwill | $327,000 | $1,160* | 4.3% | 2.0% | -$1,225 | n/a |
| 46765Leo-Cedarville | $401,000 | $1,360* | 4.1% | 1.5% | -$1,646 | n/a |
| 46745Hoagland | $317,000 | $970* | 3.7% | 1.0% | -$1,449 | n/a |
| 46788Spencerville | $470,000 | $1,180* | 3.0% | 0.6% | -$2,285 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.4%
- Rent, 12 months
- +5.9%
- Rent minus price growth
- +2.5 pts
- Property tax
- 0.72%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $194,639 | $966 |
| Aug 2022 | $219,498 | $1,082 |
| Aug 2023 | $232,575 | $1,117 |
| Aug 2024 | $245,706 | $1,179 |
| Aug 2025 | $251,717 | $1,210 |
| Aug 2026 | $260,238 | $1,281 |
Counties
- Whitley County, INn/a median yield
- Allen County, IN6.6% median yield
Tools
Questions
- Is the Fort Wayne, IN metro good for rental property?
- The typical home here runs -$782 a month at 7.78% with 25% down, breaking even at about 0.9%. 0 of 15 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.6%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Fort Wayne, IN metro have the highest rental yield?
- 46806 (Fort Wayne) at 9.7%, 46803 (Fort Wayne) at 9.2%, 46802 (Fort Wayne) at 8.8%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.