Is Fort Wayne, IN a good place to invest in rental property?

Fort Wayne, IN has a median modeled monthly cash flow of $-319 and a median cap rate of 4.7%, on a median sold price of $235,000. Prices changed +2.1% year over year.

What is the average cap rate in Fort Wayne, IN?

The median cap rate across recently sold homes in Fort Wayne, IN is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fort Wayne, IN?

The median sold price in Fort Wayne, IN is $235,000 (about $144 per square foot).

Investing in Fort Wayne, IN Real Estate

A data-driven snapshot of the Fort Wayne, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$235,000Median sold price

$144Median $/sqft

4.7%Median cap rate

$-319Modeled cash flow / mo

+2.1%Appreciation YoY

8.9Months of supply

2,679Active listings

3,597Sold (last 12 mo)

What the Fort Wayne numbers say

In Fort Wayne, IN, the median home sold for $235,000 (about $144 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-319 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 8.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 63 fix-and-flip deals in Fort Wayne — listings where the estimated after-repair value beats list price + rehab.

Other Indiana markets to compare

See Fort Wayne cash-flowing listings

CashFlowRE ranks every for-sale home in Fort Wayne, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Fort Wayne deals, or browse the national market data.