Fort Wayne, IN · Indiana

Allen County

ZIP 46806

388,791 residents1,324 permits TTM$68,839 median HHI26 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$194,300

ACS 5-Year

Cap rate proxy

6.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.0%

HUD FMR ÷ ACS HHI

Net migration

+1.11%

IRS SOI

Permits (TTM)

1,324

Census BPS

Climate risk

90.8

FEMA NRI (0–100)

ZIP 46806

Median home value

$194,300

Gross yield

6.0%

Buy Box score

1.0

Section 8 gap

-0.6%

Affordability

P/I: 1.6R/I: 16.1%

Section 8 detail

SAFMR: $970Rent: $976Gap: -0.6%
ZIP code breakdown26 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
46803$194,300$1,0106.2%1.03.5%
46806$194,300$9706.0%1.0-0.6%
46802$194,300$1,0106.2%0.93.5%
46808$194,300$1,0406.4%0.96.6%
46807$194,300$1,1006.8%0.912.7%
46748$194,300$1,67010.3%0.971.1%
46818$194,300$1,4108.7%0.844.5%
46809$194,300$9605.9%0.8-1.6%
46805$194,300$9806.1%0.80.4%
46798$194,300$1,3408.3%0.837.3%
46825$194,300$1,2607.8%0.829.1%
46741$194,300$1,4709.1%0.750.6%
46815$194,300$1,0906.7%0.711.7%
46819$194,300$1,0906.7%0.711.7%
46814$194,300$1,65010.2%0.769.1%
46804$194,300$1,2607.8%0.629.1%
46774$194,300$1,1106.9%0.613.7%
46743$194,300$1,1507.1%0.617.8%
46816$194,300$9706.0%0.6-0.6%
46797$194,300$1,1307.0%0.615.8%
46845$194,300$1,5809.8%0.561.9%
46765$194,300$1,3608.4%0.539.3%
46835$194,300$1,2307.6%0.526.0%
46773$194,300$9706.0%0.5-0.6%
46745$194,300$9706.0%0.4-0.6%
46704$194,300$1,4108.7%44.5%

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

69.1%

Census ACS

Vacancy rate

6.2%

Census ACS

Bachelor's degree +

31.1%

Census ACS

Rent burdened

42.0%

Census ACS (>30% income)

Median age

36.2

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026