Property Prices in Fort Wayne, IN, United States

Index Info
Price to Income Ratio: 2.84
Mortgage as Percentage of Income: 25.70%
Loan Affordability Index: 3.89
Price to Rent Ratio - City Centre: 8.74
Price to Rent Ratio - Outside of Centre: 7.47
Gross Rental Yield (City Centre): 11.44%
Gross Rental Yield (Outside of Centre): 13.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,233.33 $ 900.00-1,500.00
Apartment (1 bedroom) Outside of Centre 1,016.67 $ 750.00-1,300.00
Apartment (3 bedrooms) in City Centre 2,366.67 $ 2,000.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,766.67 $ 1,600.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 225.00 $ 153.01-322.00
Price per Square Feet to Buy Apartment Outside of Centre 151.50 $ 150.00-153.01
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,572.17 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.66 6.19-6.80

These data are based on 51 entries in the past 18 months from 19 different contributors.
Last update: October 2024

Sources and References
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