Cheap Apartments for Rent in Allen County, IN from $300 (132 Rentals)

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Search the lowest-cost Apartments available for rent right now in Allen County.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Montrose Square
$702 - $1,547
Total Monthly Price

Total Monthly Price

Base Rent
$702 - $1,547
Total Monthly Price
$702 - $1,547
Studio to 2 Bedroom Apartments Contact Us For Availability

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
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5014 old maysville road
$720
Total Monthly Price

Total Monthly Price

Base Rent
$720
Total Monthly Price
$720
1 Bedroom Apartment Available Jul 9

5014 old maysville road

5014 old maysville roadFort Wayne, IN 46815
Affordability

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1512 Taylor St

$795 - $850

1 Bedroom Rentals

Available Now

1512 Taylor St

Fort WayneIN46802
property at 1823 Griswold Dr

$875 - $995

1 To 2 Bedroom Rentals

Available Now

1823 Griswold Dr

Fort WayneIN46805

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Cheapest Available Allen County Apartments for Rent

 

The cheapest available apartment rental in Allen County, IN is a 1 Bed unit found at Villa Capri Apartments in the Continential Park neighborhood priced from $620. The Meridian (Waterloo Gardens) in the Southeast Fort Wayne neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Allen County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$620
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat2BR,1BA$650
The Huntington1 Bed, 1 bath1BR,1BA$665
Fulton Manor - 922 Fulton (Flats)0BR/1.0BAStudio,1BA$695
Waynedale Village ApartmentsStudioStudio,1BA$699
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$725
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$745
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Fountain Lake Apartment HomesTreviStudio,1BA$780

Best Value Apartments for Rent in Allen County, IN

As of June 24, 2026 the best value apartment in the Allen County area is the $1.07 price per square foot Townhome Model at Anam Villas in the in the Southwest Fort Wayne neighborhood starting from $2,195. The second greatest value Allen County apartment is the Townhomes Model at Evard Place - Solar Powered starting at $2,000 with a $1.05 price per square foot in the Northeast Fort Wayne neighborhood. Here is today’s list of the best values for Allen County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Anam VillasTownhome3BR,2.5BA$1.07
Evard Place - Solar PoweredTownhomes3BR,2.5BA$1.05
Coventry Court TownhomesCLA 3BR/2.5BA Townhome3BR,2.5BA$0.84
701 runnion ave, Unit 703 Runnion701 runnion ave3BR,1.5BA$0.78
1312 Park Ave, Unit #11312 Park Ave2BR,1BA$0.80
Foster Park Apartments2 Bed Classic2BR,1.5BA$1.05
Autumn Creek Apartment Homes2B2B-HYB2BR,2BA$1.10
Emerald Square Villas2x1 Reno2BR,1BA$0.92
St Joe Place2x22BR,2BA$0.80
Villa Capri ApartmentsPrato1BR,1BA$0.86

Frequently Asked Questions about Cheap Allen County Apartments

What is a cheap apartment in Allen County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Allen County is under $780.

What is the price of a cheap apartment in Allen County?

The cheapest apartment in Allen County is Villa Capri Apartments which is listed at $620, while the average apartment in Allen County costs $10,419.

What types of apartments are the cheapest in Allen County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 125 regular apartments in Allen County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Allen County?

Cheap apartments in Allen County have an average cost of $240 which is $10,179 cheaper than the average rent for all rentals in Allen County.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.