Property Prices in Fort Wayne, IN, United States

Index Info
Price to Income Ratio: 4.00
Mortgage as Percentage of Income: 29.09%
Loan Affordability Index: 3.44
Price to Rent Ratio - City Centre: 20.28
Price to Rent Ratio - Outside of Centre: 5.20
Gross Rental Yield (City Centre): 4.93%
Gross Rental Yield (Outside of Centre): 19.22%
Rent Per Month
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Apartment (1 bedroom) in City Centre 786.11 $ 650.00-1,000.00
Apartment (1 bedroom) Outside of Centre 606.11 $ 530.00-800.00
Apartment (3 bedrooms) in City Centre 1,428.57 $ 1,000.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 1,028.57 $ 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 62.27 $ 52.50-71.58
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 4.00 3.75-4.40

These data are based on 102 entries in the past 18 months from 28 different contributors.
Last update: February 2021

Sources and References
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