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18 1 Bedroom Apartments for rent in Fort Wayne, IN

Last updated December 17 at 5:28am UTC
Cambridge Square Fort Wayne
7600 Cold Springs Blvd
Fort Wayne, IN
Updated September 7 at 12:17am UTC
1 Bedroom
$600
1615 N. Harrison St.
Bloomingdale
Fort Wayne, IN
Updated December 11 at 10:29am UTC
1 Bedroom
$425
511 W Wayne Street
Downtown Fort Wayne
Fort Wayne, IN
Updated December 17 at 5:28am UTC
1 Bedroom
$875
1662 W Fourth Street
Hamilton
Fort Wayne, IN
Updated December 17 at 5:28am UTC
1 Bedroom
$475
4125 Lillie St.
Pettit-Rudisill
Fort Wayne, IN
Updated November 15 at 11:59am UTC
1 Bedroom
$410
Results within 1 miles of Fort Wayne, IN
The Bonterra
660 Bonterra Blvd
Allen County, IN
Updated December 17 at 1:54am UTC
1 Bedroom
$885
995 Hartzel Road
New Haven
New Haven, IN
Updated December 15 at 10:29am UTC
1 Bedroom
$1,500
Results within 5 miles of Fort Wayne, IN
15635 Lima Road
Huntertown
Huntertown, IN
Updated December 17 at 5:28am UTC
1 Bedroom
$525

December 2018 Fort Wayne Rent Report

Welcome to the December 2018 Fort Wayne Rent Report. Fort Wayne rents increased over the past month. In this report, we'll evaluate trends in the Fort Wayne rental market, including comparisons to cities throughout the state and nation.

View full Fort Wayne Rent Report
Rent Report
Fort Wayne

December 2018 Fort Wayne Rent Report

Welcome to the December 2018 Fort Wayne Rent Report. Fort Wayne rents increased over the past month. In this report, we'll evaluate trends in the Fort Wayne rental market, including comparisons to cities throughout the state and nation.

Fort Wayne rents increased slightly over the past month

Fort Wayne rents have increased 0.2% over the past month, and are up slightly by 1.2% in comparison to the same time last year. Currently, median rents in Fort Wayne stand at $600 for a one-bedroom apartment and $760 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Fort Wayne's year-over-year rent growth leads the state average of 1.0%, but trails the national average of 1.3%.

Rents rising across cities in Indiana

Throughout the past year, rent increases have been occurring not just in the city of Fort Wayne, but across the entire state. Of the largest 10 cities that we have data for in Indiana, 8 of them have seen prices rise. The state as a whole logged rent growth of 1.0% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Carmel is the most expensive of all Indiana's major cities, with a median two-bedroom rent of $1,200; of the 10 largest cities in Indiana that we have data for, Muncie and Evansville, where two-bedrooms go for $720 and $860, are the only two major cities in the state to see rents fall year-over-year (-0.8% and -0.4%).
  • Noblesville, Carmel, and Fort Wayne have all experienced year-over-year growth above the state average (7.1%, 1.6%, and 1.2%, respectively).

Fort Wayne rents more affordable than many large cities nationwide

As rents have increased slightly in Fort Wayne, a few large cities nationwide have seen rents grow more quickly. Fort Wayne is still more affordable than most large cities across the country.

  • Fort Wayne's median two-bedroom rent of $760 is below the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 1.2% rise in Fort Wayne.
  • While Fort Wayne's rents rose slightly over the past year, the city of Seattle saw a decrease of 0.4%.
  • Renters will find more reasonable prices in Fort Wayne than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than four times the price in Fort Wayne.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.