Local News

Fort Wayne sees sixth-largest rent price increase in U.S.

(Photo Supplied/John Wagner)

FORT WAYNE, Ind. (WOWO): It’s costing more and more to rent an apartment.

Brian Carberry of ApartmentGuide.com tells WOWO News the average rent is rising more than average wages are:

“As a trend, we’ve noticed that nationally, apartment prices are going up in most cities across the country. Cities with more than 100,000 people are seeing the most price increases.”

Fort Wayne is #6 on the list of American cities with the biggest rent increases, up 13.8% to an average of $810 for a one-bedroom apartment. The good news is it’s still 13.2% cheaper to live in Fort Wayne than the national cost-of-living average once you factor in utilities and groceries.

Find the full rent increase study here.

Related posts

Woman accused of threatening teen at playground with knife arrested

Caleb Hatch

Local 2020 General Election Results

WOWO News

Bishop wants Mass accessible to hearing-impaired

Dean Jackson

Leave a Comment