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ZIP Code · IN

ZIP 46806

Pop. 26,425·Allen County·127th most expensive ZIP in Indiana
Median rent (all units)
$1,006/mo
Year-over-Year
+10.8%
Month-over-Month
+0.5%
vs US Median
-$959
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 46806 · $1,006
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
$800
2 BR
$970
3 BR
$1,200
4 BR+
$1,320
Research median
$970/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
$12,072/yr
At $1,006/mo median
Location
StateIN
CountyAllen County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.8% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 46806 (Fort Wayne, IN) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 8.5% of residents hold a bachelor's degree or higher.

Population
26,425
Median income
$47,895
Median age
29.8
Renters
48.1%
Age distribution
30.9%
27.3%
24.8%
Under 1830.9%
18–3427.3%
35–5424.8%
55–648.2%
65+8.7%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
24.4%
38.3%
24.5%
12.6%
White24.4%
Black38.3%
Hispanic24.5%
Asian12.6%
Education (25+)
28.1%
34.5%
29%
No HS diploma28.1%
HS diploma34.5%
Some college29%
Bachelor's+8.5%
Housing tenure
51.9%
48.1%
Owner51.9%
Renter48.1%

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

2021 vs 2026

How ZIP 46806 in Fort Wayne, IN has changed in 5 years

Income
$34,902 → $47,895
up 37.2%
Population
23,381 → 26,425
up 13.0%
Renter share
45.4% → 48.1%
+2.7 pts
Bachelor's+
8.7% → 8.5%
-0.2 pts
Median age
31.3 → 29.8
-1.5 yrs

Local incomes tracked alongside that move, going from a median of $34,902 in 2021 to $47,895 more recently. Headcount in the area went from 23,381 to 26,425 between 2021 and 2024, a 13.0% change. About 48.1% of households rent today, against 45.4% in 2021.

Community

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Local insights

Tips for renters in ZIP 46806

About renting in ZIP 46806

Last updated: July 20, 2026

ZIP code 46806 covers Fort Wayne, IN. The median rent here is $1,006/mo as of July 2026. A 1-bedroom rents for a median of $800/mo. A 2-bedroom rents for a median of $970/mo.

At 25% of local median household income ($47,895/yr), ZIP 46806 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46806?

As of July 20, 2026, the median monthly rent in ZIP 46806 (Fort Wayne, IN) is $1,006. This is based on aggregated data from public sources and community submissions.

How does ZIP 46806 rent compare to the US average?

ZIP 46806's median rent of $1,006/mo is $959 (49%) below the US national median of $1,965/mo.

How does ZIP 46806 compare to other ZIPs in Indiana?

ZIP 46806 is among the more affordable ZIP codes in Indiana, ranking #127 out of 144 ZIPs at $1,006/mo.

How much income do you need to rent in ZIP 46806?

To keep rent at or below 30% of gross income, you would need to earn at least $40,000/year (~$19/hour full-time) to afford the median rent of $1,006/mo in ZIP 46806. The local median household income is $47,895/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46806?

Rent in ZIP 46806 has increased 10.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46806 an affordable place to rent?

ZIP 46806 is considered affordable for renters. At $1,006/mo, rent takes approximately 25% of the local median household income ($47,895/yr). The standard benchmark is 30%. ZIP 46806 falls comfortably within that range.

What percentage of ZIP 46806 residents rent vs. own?

According to Census data, approximately 48.1% of ZIP 46806 households are renters, while 51.9% are owner-occupied. ZIP 46806 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46806 compare to the rest of Fort Wayne?

ZIP 46806 is more affordable than Fort Wayne overall. At $1,006/mo, it's $275 below the Fort Wayne citywide median of $1,281/mo.

When was rent data for ZIP 46806 last updated?

Rent data for ZIP 46806 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,006/mo, rent takes ~25% of ZIP 46806's median household income ($47,895/yr). The standard benchmark is 30%.

ZIP 46806 25%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46806 (Fort Wayne, IN)

Recent submissions

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