Cheap Apartments for Rent in Fort Wayne, IN from $300 (146 Rentals)

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property at 1209 Scott Ave

1209 Scott Ave

Fort WayneIN46807

Fort Wayne, IN Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Fort Wayne, IN

Pricing Updated: 09/07/2025

Current apartment rentals in the Fort Wayne, IN area range in price from $549 to $4,863 with an overall median price of $1,689. The three Fort Wayne neighborhoods with the lowest median rent pricing are Casselwood Terrace at $549, Crown Colony at $549, and Southwick Village at $549. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fort Wayne Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Casselwood Terrace$1,030$54939
Crown Colony$1,030$54936
Southwick Village$1,030$54936
Southeast Fort Wayne$1,099$54939
Continential Park$1,127$54948
Anthony Wayne$1,179$54950
South Calhoun Place$1,199$54968
Fairmont$1,289$62554
Harrison Hill$1,289$62554
Hazelwood$1,298$60081

Cheapest Available Fort Wayne Apartments for Rent

 

The cheapest available apartment rental in Fort Wayne, IN is a Studio unit found at Emerald Square Apartments & Villas in the Southeast Fort Wayne neighborhood priced from $549. Villa Capri Apartments in the Continential Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Fort Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$549
Villa Capri ApartmentsPrato1BR,1BA$620
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Fulton Manor0BR/1.0BAStudio,1BA$655
Waynedale Village ApartmentsStudioStudio,1BA$659
Garrison Flats1 Bedroom1BR,1BA$695
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$699
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Black Pine Flats1BR/1BA Classic1BR,1BA$749
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$750

Best Value Apartments for Rent in Fort Wayne, IN

As of September 07, 2025 the best value apartment in the Fort Wayne area is the $0.85 price per square foot 3TH2G Model at Eagle Landing Apartment Homes in the in the Northwest Fort Wayne neighborhood starting from $1,659. The second greatest value Fort Wayne apartment is the CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes starting at $1,399 with a $0.90 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Fort Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Landing Apartment Homes3TH2G3BR,1.5BA$0.85
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
7819 Stellhorn Rd78192BR,2BA$1.12
Candlelite Apartments2x1 Down Reno2BR,1BA$1.05
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Fairview Court Apartments2 BR/1.5 BA2BR,1.5BA$0.95
910 Columbia Ave, Unit 2910 Columbia Ave2BR,1BA$1.11
St Joe Place2x22BR,2BA$0.80
Villa Capri ApartmentsPrato1BR,1BA$0.86
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$1.10

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Fort Wayne Overview

As the second largest city in Indiana, Fort Wayne is widely known for its Hoosier hospitality and high quality of living. Recognized as an All-American City and a Most Livable City, the low cost of living is a definite draw. Fort Wayne apartments options abound in diversity. Choose from apartments in historic buildings and landmarks to recently restored homes, or choose from a variety of chic and modern living options or traditional apartment living. The area is known for spacious rentals with an array of amenities for prices well below what you would expect. Whether you are searching for a pet-friendly community with a dog park or a community rich with activity and resort-style amenities, Ft. Wayne offers the best in apartment living to fit any lifestyle or stage of life.

Why live in Fort Wayne, IN?

Ft. Wayne is a great place to live for many reasons, including below average cost of living when it comes to housing, groceries and transportation. Top employers include Lincoln Financial, General Motors, Parkview Health System, and Lutheran Health Network. Residents enjoy one of the lowest state income tax rates in the country.

Fort Wayne, IN
Population: 267,633

Ranked #77

in US Census Population by City

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Pet Friendly Lifestyle
Fort Wayne, IN

Ranked #4

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Fort Wayne, IN

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Fort Wayne Apartments

What is a cheap apartment in Fort Wayne?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fort Wayne is under $750.

What is the price of a cheap apartment in Fort Wayne?

The cheapest apartment in Fort Wayne is Villa Capri Apartments which is listed at $620, while the average apartment in Fort Wayne costs $1,689.

What types of apartments are the cheapest in Fort Wayne?

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 742 regular apartments in Fort Wayne 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 Fort Wayne?

Cheap apartments in Fort Wayne have an average cost of $317 which is $1,372 cheaper than the average rent for all rentals in Fort Wayne.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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