Low Income Apartments and Affordable Housing For Rent in Fort Wayne, IN

Discover affordable housing in Fort Wayne where there are 65+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Stephanie Villas Apartments

1418 Fayette Dr, Fort Wayne, Indiana 46816

The Meetinghouse at St Peter

611 E Dewald St, Fort Wayne, Indiana 46803

Villa Capri Apartments

2015 Fox Point Trl, Fort Wayne, Indiana 46816

Phoenix Manor Apartments

2330 Bowser Ave, Fort Wayne, Indiana 46803

Preston Pointe at Inverness Centre Apartments

8075 Preston Pointe Dr, Fort Wayne, Indiana 46804

Chestnut Hills Apartments

940 Steinman Dr, Fort Wayne, Indiana 46814

Time Corners Crossing ( Fka N Shapleigh Apartments )

5527 Lois Ln, Fort Wayne, Indiana 46804

Tamera Gardens Phase II

6825 John St, Fort Wayne, Indiana 46816

Newburyport Apartments

1701 Reed Rd, Fort Wayne, Indiana 46815

Orchard Place Apartments ,

902 E Cook Rd, Fort Wayne, Indiana 46825

Tamera Senior Villas

7045 John St, Fort Wayne, Indiana 46816

Allen County Group Homes

2542 Thompson Avenue, Fort Wayne, Indiana 46807

Chapel Oaks

730 Oaklawn Ct, Fort Wayne, Indiana 46803

Whispering Oaks

7284 Decatur Rd, Fort Wayne, Indiana 46816

Slocum Pointe

2529 Curdes Ave., Fort Wayne, Indiana 46805

The Village at Wayne Trace

3702 Trace Cir, Fort Wayne, Indiana 46806

Brooklyn Manor

3626 Brooklyn Ave, Fort Wayne, Indiana 46809

Posterity Heights Scholar House

4315 Joshua Lane, Fort Wayne, Indiana 46806

Brookmill Court

3506 Miami Ln, Fort Wayne, Indiana 46809

Fort Wayne Renaissance Homes

1508 Wabash Ave, Fort Wayne, Indiana 46803

calendar_today Opened: Jun 29
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

calendar_today Opened: Nov 14
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Fort Wayne, Indiana
$20.63/hour
$13.38 (+184%) more than Indiana minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Fort Wayne, Indiana Affordable Housing ↓

What HUD offices serve Fort Wayne, Indiana?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Section 8 Project-Based Voucher (PBV) programs for Fort Wayne, Indiana.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Fort Wayne, Indiana.

Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Fort Wayne.

How many renters live in Fort Wayne, Indiana?

The City of Fort Wayne has 267,436 people living in 109,974 households.

There are 86,307 renters living in 40,465 renter households in this City. Renters make up 32.27 percent of the population living in Fort Wayne.

What is the rental market like in Fort Wayne, Indiana?

There are an estimated 116,467 housing units in the Fort Wayne area. Of these, 43,422 units are rental homes, making up 37 percent of the housing market. For every renter household in Fort Wayne, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Fort Wayne?

The rental vacancy rate in Fort Wayne is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Fort Wayne for each bedroom size?

Occupied Rental Units by Size in Fort Wayne
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
1,915 9,978 14,692 10,103 3,247
Occupied Rental Units by Size in Fort Wayne

A large number of apartments in Fort Wayne have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Fort Wayne are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Fort Wayne

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $826 to $1,499. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $826
One BR $895
Two BR $1,089
Three BR $1,379
Four BR $1,499
2024 Fair Market Rents in Fort Wayne, Indiana

How many units are rented at Fair Market Rent (FMR) in Fort Wayne?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 685 36 percent
One BR 6,536 66 percent
Two BR 8,295 56 percent
Rental Units Below FMR in Fort Wayne, Indiana

How many affordable rental units are in Fort Wayne?

There are a variety of federal affordable housing programs serving households in Fort Wayne, Indiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 3,620
Public Housing 655
Section 8 Project-Based Rental Assistance 1,513
Section 202 Supportive Housing for the Elderly 34
Section 811 Supportive Housing for Persons with Disabilities 95
Tracked Units by Federal Program in Fort Wayne, Indiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Fort Wayne, Indiana

Fort Wayne features 2,919 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Fort Wayne, Indiana

There are 2,872 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Wayne.

Housing Choice Vouchers in Fort Wayne, Indiana

On average, Section 8 Housing Choice vouchers pay Fort Wayne landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Fort Wayne.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Wayne, Indiana for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.