Why Live in La Rez
La Rez in Fort Wayne features a diverse array of homes built from the late 1800s through the 1990s, including Queen Anne, Craftsman, and Colonial Revival styles. Located about 2 miles from downtown, the neighborhood is characterized by narrow lots with compact front yards and spacious backyards, often bordered by tall trees. Many homes have driveways or detached garages, and while some older, larger houses have been converted into multi-family developments, most are single-family homes that may require renovations. Ivan Lebamoff Reservoir Park, situated on the south side of La Rez, offers wide green fields, refurbished basketball courts, a playground, and a paved walking trail, and becomes a popular sledding spot in winter. For indoor activities, residents can visit the Fort Wayne Museum of Art and the Allen County Public Library downtown. Local amenities include Union Street Market and George’s International Market for groceries, with a Kroger located north of downtown for full pantry restocks. Dining options feature local restaurants like Saigon Restaurant, known for its authentic Vietnamese cuisine. Commuting is convenient with downtown Fort Wayne under 2 miles away and Fort Wayne International Airport approximately 8 miles south.
Frequently Asked Questions
Is La Rez a good place to live?
La Rez is a good place to live. La Rez is considered somewhat walkable and somewhat bikeable with good transit options. La Rez is a suburban neighborhood. La Rez has 6 parks for recreational activities. It is somewhat dense in population with 6.1 people per acre and a median age of 33. The average household income is $66,747 which is below the national average. College graduates make up 17.1% of residents. A majority of residents in La Rez are renters, with 63.2% of residents renting and 36.8% of residents owning their home. A
local real estate agent serving La Rez can help you decide if this neighborhood is the right one for you. Learn more on our
La Rez neighborhood guide.
Is La Rez, IN a safe neighborhood?
La Rez, IN is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in La Rez?
The median home price in La Rez is $212,249. If you put a 20% down payment of $42,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,100 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $47K a year to afford the median home price in La Rez. The average household income in La Rez is $67K.
What are the best public schools in La Rez?
The best public schools that serve La Rez are:
What are the best private schools in La Rez?
The best private schools that serve La Rez are:
What are the most popular zip codes in La Rez, Fort Wayne, IN?
What are the most popular neighborhoods near La Rez, Fort Wayne, IN?
Home Trends in La Rez, IN
On average, homes in La Rez, Fort Wayne sell after 22 days on the market compared to the national average of 70 days. The median sale price for homes in La Rez, Fort Wayne over the last 12 months is $140,000.
Median Sale Price
$140,000
Median Single Family Sale Price
$206,500
Average Price Per Sq Ft
$193
Number of Homes for Sale
2
Last 12 months Home Sales
9
Median List Price
$212,249
Median Change From 1st List Price
7%