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Fort Wayne city, IN

ZIP 46802 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46802

Median Home Value
$131,600
Median Rent
$670
Affordability Snapshot
$36,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$845/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

16.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46802 in Fort Wayne city, IN, a household would need roughly $36,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $845. That sits below the local median household income ($40,903), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
34.8%-47% vs US avg
x
Vacancy Rate
15.6%+52% vs US avg
x
Broadband Access
90.7%+4% vs US avg
x
4+ Bedrooms
5.0%-66% vs US avg
x
Built Pre-1939
10.2%-21% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
17.5%-65% vs US avg
x
Mortgage-Free
44.0%+15% vs US avg
x
$131,600
Home Value
$670
Rent
1951
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached43.4%
  • 1-unit attached1.0%
  • 2-9 units30.1%
  • 10+ units24.8%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$131,600
Median rent$670
Owner-occupied34.8%
Vacant15.6%
Price-to-income3.2x
Est. income to buy$36,000