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ZIP Code · IN

ZIP 46805

Pop. 21,437·Allen County·132nd most expensive ZIP in Indiana
Median rent (all units)
$973/mo
Year-over-Year
-5.6%
Month-over-Month
-3.6%
vs US Median
-$992
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 46805 · $973
More affordable than 98% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$780
1 BR
$810
2 BR
$980
3 BR
$1,220
4 BR+
$1,330
Research median
$980/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: July 20, 2026

Annual cost
$11,676/yr
At $973/mo median
Location
StateIN
CountyAllen County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.6% YoY, -3.6% MoM), not inventory.
Demographics

Who lives here

ZIP 46805 (Fort Wayne, IN) is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 30.2% of residents hold a bachelor's degree or higher.

Population
21,437
Median income
$52,154
Median age
34.3
Renters
42.6%
Age distribution
20.9%
30.6%
22.6%
15.5%
Under 1820.9%
18–3430.6%
35–5422.6%
55–6410.3%
65+15.5%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
75%
White75%
Black9.9%
Hispanic6.6%
Asian3.8%
Other4.7%
Education (25+)
29.2%
33.2%
30.2%
No HS diploma7.4%
HS diploma29.2%
Some college33.2%
Bachelor's+30.2%
Housing tenure
57.4%
42.6%
Owner57.4%
Renter42.6%

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

2021 vs 2026

How ZIP 46805 in Fort Wayne, IN has changed in 5 years

Rent
$777 → $973
up 25.2%
Income
$46,540 → $52,154
up 12.1%
Population
22,309 → 21,437
down 3.9%
Renter share
44.2% → 42.6%
-1.6 pts
Bachelor's+
24.6% → 30.2%
+5.6 pts
Median age
35.2 → 34.3
-0.9 yrs

Rent in ZIP 46805 in Fort Wayne, IN has climbed 25.2% since 2021, going from about $777 per month to roughly $973 today. On the earnings side, the typical household in ZIP 46805 in Fort Wayne, IN now reports about $52,154, up from $46,540 in 2021. Rent outpaced income growth by roughly 13.1 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 22,309 to 21,437 between 2021 and 2024, a 3.9% change. About 42.6% of households rent today, against 44.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 24.6% to 30.2%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 46805 in Fort Wayne, IN reflects that arc in its own way.

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Local insights

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About renting in ZIP 46805

Last updated: July 20, 2026

ZIP code 46805 covers Fort Wayne, IN. The median rent here is $973/mo as of July 2026. A 1-bedroom rents for a median of $810/mo. A 2-bedroom rents for a median of $980/mo.

At 22% of local median household income ($52,154/yr), ZIP 46805 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46805?

As of July 20, 2026, the median monthly rent in ZIP 46805 (Fort Wayne, IN) is $973. This is based on aggregated data from public sources and community submissions.

How does ZIP 46805 rent compare to the US average?

ZIP 46805's median rent of $973/mo is $992 (50%) below the US national median of $1,965/mo.

How does ZIP 46805 compare to other ZIPs in Indiana?

ZIP 46805 is among the more affordable ZIP codes in Indiana, ranking #132 out of 144 ZIPs at $973/mo.

How much income do you need to rent in ZIP 46805?

To keep rent at or below 30% of gross income, you would need to earn at least $39,000/year (~$19/hour full-time) to afford the median rent of $973/mo in ZIP 46805. The local median household income is $52,154/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46805?

Rent in ZIP 46805 has decreased 5.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 46805 an affordable place to rent?

ZIP 46805 is considered very affordable for renters. At $973/mo, rent takes approximately 22% of the local median household income ($52,154/yr). The standard benchmark is 30%. ZIP 46805 falls comfortably within that range.

What percentage of ZIP 46805 residents rent vs. own?

According to Census data, approximately 42.6% of ZIP 46805 households are renters, while 57.4% are owner-occupied. ZIP 46805 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46805 compare to the rest of Fort Wayne?

ZIP 46805 is more affordable than Fort Wayne overall. At $973/mo, it's $308 below the Fort Wayne citywide median of $1,281/mo.

When was rent data for ZIP 46805 last updated?

Rent data for ZIP 46805 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $973/mo, rent takes ~22% of ZIP 46805's median household income ($52,154/yr). The standard benchmark is 30%.

ZIP 46805 22%Benchmark 30%
State income tax3.05%
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Public schools near ZIP 46805 (Fort Wayne, IN)

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