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ZIP Code · IN

ZIP 46807

Pop. 16,317·Allen County·110th most expensive ZIP in Indiana
Median rent (all units)
$1,094/mo
Year-over-Year
+7.0%
Month-over-Month
Stable
vs US Median
-$871
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 46807 · $1,094
More affordable than 95% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$880
1 BR
$900
2 BR
$1,100
3 BR
$1,370
4 BR+
$1,490
Research median
$1,100/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
$13,128/yr
At $1,094/mo median
Location
StateIN
CountyAllen County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 7.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+7.0% YoY, +0.0% MoM), not inventory.
Demographics

Who lives here

ZIP 46807 (Fort Wayne, IN) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 27.8% of residents hold a bachelor's degree or higher.

Population
16,317
Median income
$58,685
Median age
34.1
Renters
39.7%
Age distribution
29.5%
22.3%
28.9%
Under 1829.5%
18–3422.3%
35–5428.9%
55–649.5%
65+9.8%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
56.4%
12.2%
17.9%
White56.4%
Black12.2%
Hispanic17.9%
Asian2.1%
Other11.4%
Education (25+)
32.4%
31%
27.8%
No HS diploma8.8%
HS diploma32.4%
Some college31%
Bachelor's+27.8%
Housing tenure
60.3%
39.7%
Owner60.3%
Renter39.7%

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

2021 vs 2026

How ZIP 46807 in Fort Wayne, IN has changed in 5 years

Income
$54,427 → $58,685
up 7.8%
Population
15,941 → 16,317
up 2.4%
Renter share
41.7% → 39.7%
-2.0 pts
Bachelor's+
33.2% → 27.8%
-5.4 pts
Median age
30.6 → 34.1
+3.5 yrs

Median household income climbed from $54,427 to $58,685 between 2021 and 2024, a 7.8% shift. Census counts show ZIP 46807 in Fort Wayne, IN adding about 376 residents over the five-year window, up 2.4% on net. The renter share has eased from 41.7% to 39.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 33.2% to 27.8% across the same window.

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Local insights

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About renting in ZIP 46807

Last updated: July 20, 2026

ZIP code 46807 covers Fort Wayne, IN. The median rent here is $1,094/mo as of July 2026. A 1-bedroom rents for a median of $900/mo. A 2-bedroom rents for a median of $1,100/mo.

At 22% of local median household income ($58,685/yr), ZIP 46807 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46807?

As of July 20, 2026, the median monthly rent in ZIP 46807 (Fort Wayne, IN) is $1,094. This is based on aggregated data from public sources and community submissions.

How does ZIP 46807 rent compare to the US average?

ZIP 46807's median rent of $1,094/mo is $871 (44%) below the US national median of $1,965/mo.

How does ZIP 46807 compare to other ZIPs in Indiana?

ZIP 46807 is among the more affordable ZIP codes in Indiana, ranking #110 out of 144 ZIPs at $1,094/mo.

How much income do you need to rent in ZIP 46807?

To keep rent at or below 30% of gross income, you would need to earn at least $44,000/year (~$21/hour full-time) to afford the median rent of $1,094/mo in ZIP 46807. The local median household income is $58,685/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46807?

Rent in ZIP 46807 has increased 7.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46807 an affordable place to rent?

ZIP 46807 is considered very affordable for renters. At $1,094/mo, rent takes approximately 22% of the local median household income ($58,685/yr). The standard benchmark is 30%. ZIP 46807 falls comfortably within that range.

What percentage of ZIP 46807 residents rent vs. own?

According to Census data, approximately 39.7% of ZIP 46807 households are renters, while 60.3% are owner-occupied. ZIP 46807 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46807 compare to the rest of Fort Wayne?

ZIP 46807 is more affordable than Fort Wayne overall. At $1,094/mo, it's $187 below the Fort Wayne citywide median of $1,281/mo.

When was rent data for ZIP 46807 last updated?

Rent data for ZIP 46807 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,094/mo, rent takes ~22% of ZIP 46807's median household income ($58,685/yr). The standard benchmark is 30%.

ZIP 46807 22%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46807 (Fort Wayne, IN)

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