Property Prices in Fort Wayne, IN, United States

Index Info
Price to Income Ratio: 4.09
Mortgage as Percentage of Income: 29.60%
Loan Affordability Index: 3.38
Price to Rent Ratio - City Centre: 20.34
Price to Rent Ratio - Outside of Centre: 5.82
Gross Rental Yield (City Centre): 4.92%
Gross Rental Yield (Outside of Centre): 17.18%
Rent Per Month
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Apartment (1 bedroom) in City Centre 806.11 $ 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 606.11 $ 530.00-800.00
Apartment (3 bedrooms) in City Centre 1,375.00 $ 1,000.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,078.57 $ 850.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 324.48 $ 89.50-709.35
Price per Square Feet to Buy Apartment Outside of Centre 71.16 $ 53.40-105.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,601.63 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.94 3.75-4.25

These data are based on 103 entries in the past 18 months from 28 different contributors.
Last update: June 2021

Sources and References
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