ZIP Code · IN

ZIP 46845

Part of Fort Wayne, IN

Pop. 29,583·Allen County·18th most expensive ZIP in Indiana

Median rent (all units)

$1,822/mo

Year-over-Year

+6.7%

Month-over-Month

+0.4%

vs US Median

-$110

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 46845 · $1,822

More expensive than 51% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,270

1 BR

$1,300

2 BR

$1,580

3 BR

$1,960

4 BR+

$2,150

Research median

$1,580/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

Past year vs. the rest of Indiana

Rent in ZIP 46845 changed +6.7% 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 5 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($112,676) is $2,817 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,150).

Rank in Fort Wayne

9th cheapest of 9 ZIP codes in Fort Wayne.

Cheaper nearby

ZIP 46825, 4 miles away, rents for 25% less ($1,373/mo), about $5,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 46845. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,864/yr

At $1,822/mo median

Location

CityFort Wayne

StateIN

CountyAllen County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.7% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.7% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 46845 (Fort Wayne, IN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 54.3% of residents hold a bachelor's degree or higher.

Population

29,583

Median income

$112,676

Median age

40.6

Renters

16%

Age distribution

27%

15.7%

28.1%

17.9%

Under 1827%

18–3415.7%

35–5428.1%

55–6411.2%

65+17.9%

Gender

50.3%

49.7%

Male50.3%

Female49.7%

Race & ethnicity

85.5%

White85.5%

Black2.3%

Hispanic3.3%

Asian5.7%

Other3.2%

Education (25+)

17.2%

25.8%

54.3%

No HS diploma2.7%

HS diploma17.2%

Some college25.8%

Bachelor's+54.3%

Housing tenure

84%

16%

Owner84%

Renter16%

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

2021 vs 2026

How ZIP 46845 in Fort Wayne, IN has changed in 5 years

Income

$100,490 → $112,676

up 12.1%

Population

27,626 → 29,583

up 7.1%

Renter share

13.3% → 16%

+2.7 pts

Bachelor's+

48.7% → 54.3%

+5.6 pts

On the earnings side, the typical household in ZIP 46845 in Fort Wayne, IN now reports about $112,676, up from $100,490 in 2021. Headcount in the area went from 27,626 to 29,583 between 2021 and 2024, a 7.1% change. About 16% of households rent today, against 13.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 48.7% to 54.3%.

Community

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Local insights

Tips for renters in ZIP 46845

About renting in ZIP 46845

Last updated: October 17, 2026

ZIP code 46845 covers Fort Wayne, IN. The median rent here is $1,822/mo as of October 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,580/mo.

At 19% of local median household income ($112,676/yr), ZIP 46845 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46845?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,822/mo in ZIP 46845. The local median household income is $112,676/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 46845?

Rent in ZIP 46845 has risen 6.7% over the past year.

How does ZIP 46845 compare to other ZIPs in Indiana?

ZIP 46845 is one of the pricier among Indiana ZIP codes for rent, ranking #18 of 139 at $1,822/mo. Over the year to September 2026, rent in ZIP 46845 changed +6.7%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.