ZIP Code · IN

ZIP 46802

Pop. 11,177·Allen County·118th most expensive ZIP in Indiana
Median rent (all units)
$1,044/mo
Year-over-Year
+4.2%
Month-over-Month
+0.2%
vs US Median
-$888
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 46802 · $1,044
More affordable than 97% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$830
2 BR
$1,010
3 BR
$1,250
4 BR+
$1,370
Research median
$1,010/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 46802 is at its highest level since Zillow's records here began in June 2022.

Past year vs. the rest of Indiana

Rent in ZIP 46802 changed +4.2% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.

Recent direction

Rent has risen 2 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($46,854) is $1,171 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,010); a 3-bedroom is $1,250.

Rank in Fort Wayne

5th cheapest of 9 ZIP codes in Fort Wayne.

Cheaper nearby

ZIP 46806, 4 miles away, rents for 12% less ($919/mo), about $1,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 46802. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$12,528/yr
At $1,044/mo median
Location
StateIN
CountyAllen County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.2% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 46802 (Fort Wayne, IN) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 25.7% of residents hold a bachelor's degree or higher.

Population
11,177
Median income
$46,854
Median age
34.6
Renters
65%
Age distribution
19.6%
31.4%
29.5%
12.1%
Under 1819.6%
18–3431.4%
35–5429.5%
55–6412.1%
65+7.4%
Gender
54.5%
45.5%
Male54.5%
Female45.5%
Race & ethnicity
62.8%
14.6%
15.9%
White62.8%
Black14.6%
Hispanic15.9%
Asian1.7%
Other5%
Education (25+)
16%
29.1%
29.2%
25.7%
No HS diploma16%
HS diploma29.1%
Some college29.2%
Bachelor's+25.7%
Housing tenure
35%
65%
Owner35%
Renter65%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 46802 in Fort Wayne, IN has changed in 5 years

Rent
$905 → $1,044
up 15.4%
Income
$40,361 → $46,854
up 16.1%
Population
10,413 → 11,177
up 7.3%
Renter share
65.2% → 65%
-0.2 pts
Bachelor's+
24.2% → 25.7%
+1.5 pts
Median age
33.5 → 34.6
+1.1 yrs

Five years ago, renters in ZIP 46802 in Fort Wayne, IN paid around $905 a month. That figure now sits near $1,044, up 15.4% from the 2023 baseline. Census figures show median household income at $46,854 today, compared with $40,361 five years earlier. Census counts show ZIP 46802 in Fort Wayne, IN adding about 764 residents over the five-year window, up 7.3% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

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About renting in ZIP 46802

Last updated: October 17, 2026

ZIP code 46802 covers Fort Wayne, IN. The median rent here is $1,044/mo as of October 2026. A 1-bedroom rents for a median of $830/mo. A 2-bedroom rents for a median of $1,010/mo.

At 27% of local median household income ($46,854/yr), ZIP 46802 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46802?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (about $20/hour full-time) to afford the median rent of $1,044/mo in ZIP 46802. The local median household income is $46,854/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 46802?

Rent in ZIP 46802 has risen 4.2% over the past year as of September 2026. That is the highest level since Zillow's records here began in June 2022.

How does ZIP 46802 compare to other ZIPs in Indiana?

ZIP 46802 is one of the more affordable among Indiana ZIP codes for rent, ranking #118 of 139 at $1,044/mo. Over the year to September 2026, rent in ZIP 46802 changed +4.2%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.

How does ZIP 46802 compare to the rest of Fort Wayne?

At $1,044/mo, ZIP 46802 is $213 below the Fort Wayne citywide median of $1,257/mo. It is the 5th cheapest of 9 ZIP codes in Fort Wayne.
Income Affordability
27%
AFFORDABLE

At $1,044/mo, rent takes ~27% of ZIP 46802's median household income ($46,854/yr). The standard benchmark is 30%.

ZIP 46802 27%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46802 (Fort Wayne, IN)

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