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  4. Fort Wayne

Fort Wayne, Indiana

Short-Term Rental Market Data & Investment Analysis

Fort Wayne, Indiana Short-Term Rental Market

Fort Wayne STRs averaged $116/night at 71.9% occupancy in April 2026, with a total market score of 99.9 out of 100.

Quick Answer: Fort Wayne, Indiana is an active short-term rental market. average occupancy is 75%. average monthly revenue is $2,597. average daily rate is $123. the top operator in Fort Wayne is Jtrade Properties with 59 listings. market score is 100/100 (grade A).

Avg Monthly Revenue
$2,597
↑ 16.1% YoY
75%
Occupancy
↑ 7.5% YoY
$123
Avg Daily Rate
↑ 12.1% YoY
54.6 days avg lead time6.3 avg length of stay

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation66
Seasonality99
Investability99
Rental Demand86
Revenue Growth100

Market Overview

Fort Wayne is Indiana’s second-largest city and a Midwest hub with a strong, year-round tourism base. Allen County drew approximately 9.2 million visitors in 2023 who spent over $1.1 billion, the first year visitor spending exceeded $1 billion in the region. The city’s STR market is small relative to its visitor volume, which creates an interesting supply-demand dynamic for operators.

The active listing base totals approximately 780 units based on bedroom-segment data: 693 entire-place listings (89% of the market), 89 private rooms, and 1 shared room. This is a compact, host-driven market with minimal large-operator concentration. In April 2026, the market posted an average daily rate of $116, occupancy of 71.9%, and a RevPAR of $83. All three key metrics improved year-over-year: occupancy gained 5.6 percentage points, ADR rose 7.3%, and revenue grew 10.8%.

Channel distribution is heavily Airbnb-dominant: 520 Airbnb-only listings versus 36 VRBO-only, with 227 on both platforms. The bedroom mix skews toward smaller units: 289 one-bedrooms, 227 two-bedrooms, 179 three-bedrooms, 57 four-bedrooms, and 28 five-plus-bedroom properties.

Fort Wayne’s market scores are exceptional: total market score of 99.9 out of 100, investability score of 98.9, seasonality score of 99.1, and revenue growth score of 100.0 — all among the highest observable in the data. These scores reflect the combination of very high occupancy, consistent revenue growth, and a low-competition supply environment.

Seasonal Patterns

Monthly seasonal data for Fort Wayne, Indiana
MonthOccupancy
Jan60%
Feb62%
Mar64%
Apr67%
May69%
Jun74%
Jul76%
Aug70%
Sep67%
Oct66%
Nov65%
Dec64%

Month-by-month nightly rates and revenue figures for Fort Wayne are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Fort Wayne

Ranked by total active listings. Useful for understanding the competitive landscape.

#OperatorListingsReviewsRating
1Jtrade Properties59977★ 4.59
2Fortified Homes LLC12234★ 4.77
3Landing, Inc.1023★ 2.89
4Evolve9169★ 4.20
5Fortified7189★ 4.85

What Kind of STR Should I Buy in Fort Wayne?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Fort Wayne are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb66.4%
vrbo4.6%
both29%

Investment Analysis

The full investment analysis for Fort Wayne — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Fort Wayne)

Typical home values, median sale prices, and the 10-year price trend for Fort Wayne are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Booking Insights

Booking-window and length-of-stay analysis for Fort Wayne — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Short-Term Rental Regulations

Fort Wayne requires short-term rental operators to obtain a permit from the City before listing. The reported permit cost is $150 for the initial registration, with renewals at approximately $75, plus an approximately $75 inspection fee. Permits are commonly described as valid for two years and are non-transferable to new owners.

There is no published cap on annual rental nights. Owner-occupancy and primary-residence requirements are not imposed by the city’s rules, though Indiana state law provides additional protections for owner-occupants. Non-owner-occupied rentals are allowed but face stricter zoning hurdles: reported density limits of approximately one STR per 400-foot radius in single-family residential zones, with a requirement to obtain approval from a substantial majority of adjacent property owners before operating.

On taxes, hosts must collect Indiana’s 7% state sales tax plus Allen County’s 8% innkeeper’s tax on stays under 30 days, for a combined rate of approximately 15%. The Allen County innkeeper’s tax was raised from 7% to 8% in August 2019, with the additional revenue directed to regional tourism marketing.

Enforcement is complaint-driven, primarily addressing noise, parking, and nuisance complaints through city code enforcement. Operating without a required permit can trigger fines as a Class C infraction. Operators in single-family zones should verify their specific zoning classification and density eligibility with the Fort Wayne Building Commission before listing.

Market Comparison

Fort Wayne’s April 2026 ADR of $116 is well below the US STR median of approximately $220/night, reflecting an inland Midwest market with a lower cost of living and accommodation base. However, the 71.9% occupancy rate significantly exceeds the US STR median of approximately 55%, meaning properties in Fort Wayne run full more often than average despite a lower nightly rate.

The professional management landscape is fragmented and small-scale. Jtrade Properties leads with 59 listings, 977 reviews, and a 4.59 average rating. Fortified Homes LLC holds 12 listings at a 4.77 rating. Landing, Inc. has 10 listings with a 2.89 rating. Evolve operates 9 listings at a 4.20 rating, and Fortified holds 7 more at a 4.85 rating. The top five managers combined account for 97 listings, representing approximately 12% of the estimated 780-listing market. The overwhelming majority of Fort Wayne’s STR inventory is self-managed by individual hosts.

The revenue growth score of 100.0 out of 100 and total market score of 99.9 out of 100 are among the highest in the national dataset, indicating the data models place Fort Wayne near the top of all tracked markets for sustained revenue growth trajectory.

Frequently Asked Questions About Fort Wayne, Indiana

What is the average nightly rate for STRs in Fort Wayne, Indiana?
The average daily rate in Fort Wayne was $116 in April 2026. Professionally managed properties averaged $146/night and luxury-tier properties averaged $178/night.
What is the occupancy rate in Fort Wayne?
Fort Wayne averaged 71.9% occupancy in April 2026, up 5.6 percentage points year-over-year. The seasonal peak is July at 75.2% and the trough is January at 59.9%, meaning the market stays above 60% occupancy even in the slowest months.
Do I need a permit to run a short-term rental in Fort Wayne?
Yes. Fort Wayne requires a short-term rental permit from the City Building Commission. The reported initial fee is $150 plus approximately $75 for inspection, with $75 renewals. Non-owner-occupied rentals in single-family zones face additional density limits and neighbor-approval requirements.
What taxes apply to Fort Wayne short-term rentals?
Hosts owe Indiana’s 7% state sales tax plus Allen County’s 8% innkeeper’s tax on stays under 30 days, totaling approximately 15%. The innkeeper’s tax rate was raised from 7% to 8% in August 2019.
How much can a Fort Wayne STR earn per month?
Across all listing types, Fort Wayne short-term rentals average $2,597 per month. Breakdowns by property type, bedroom count, and season are available with StaySTRA Pro, or run a free address-level estimate with the StaySTRA Analyzer.
What is Fort Wayne's total market score for STR investing?
Fort Wayne scores 99.9 out of 100 overall, with a revenue growth score of 100/100, seasonality score of 99.1/100, and investability score of 98.9/100. Revenue has grown 114% from 2017 to 2025.
What drives visitor demand in Fort Wayne?
Fort Wayne drew approximately 9.2 million visitors in 2023, spending over $1.1 billion. Key demand drivers include the Fort Wayne Children’s Zoo (Indiana’s top tourist attraction), youth and collegiate sports tournaments, conventions, genealogy and heritage tourism, and minor-league baseball (Fort Wayne TinCaps).
Fort Wayne, IndianaRev $2,597ADR $123Occ 75%Score A (100)

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Property Managers Serving Fort Wayne

Capital Property Management · Fort Wayne Property Group · Select Property Management

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Table of Contents

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Quick Facts: Fort Wayne

Avg Daily Rate
$123
Occupancy Rate
75%
Avg Revenue/Mo
$2,597
Population
275,203

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