Cheap Apartments for Rent in Fort Wayne, IN from $300 (138 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fort Wayne.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Fort Wayne, IN Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Fort Wayne, IN

Pricing Updated: 06/23/2025

Current apartment rentals in the Fort Wayne, IN area range in price from $550 to $2,530 with an overall median price of $1,689. The three Fort Wayne neighborhoods with the lowest median rent pricing are Brentwood Park at $895, Rudisill Plaza at $925, and Rolling Rose at $950. 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
Brentwood Park$895$8951
Rudisill Plaza$925$9251
Rolling Rose$950$9501
Anthony Wayne$1,110$62535
Greater McMillen Park$1,187$1,0752
Bellshire$1,195$1,1951
Briargate$1,195$1,1951
Countrybrook$1,195$1,1951
Lake Forest Extended$1,195$1,1951
Hillcrest$1,275$1,2002

Cheapest Available Fort Wayne Apartments for Rent

 

The cheapest available apartment rental in Fort Wayne, IN is a 1 Bed unit found at The Elex in the Southwest Fort Wayne neighborhood priced from $422. Villa Capri Apartments in the Continential Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $514. Here is today’s list of the most affordable Fort Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Elex1 Bed, 1 bath1BR,1BA$422
Villa Capri ApartmentsPrato1BR,1BA$514
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$525
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Poplar Ridge ApartmentsFlat ApartmentStudio,1BA$650
Waynedale Village ApartmentsStudioStudio,1BA$659
The Huntington1 Bed, 1 bath1BR,1BA$665
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$680
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$699
Jackson Manor ApartmentsOne Bedroom1BR,1BA$715

Best Value Apartments for Rent in Fort Wayne, IN

As of June 23, 2025 the best value apartment in the Fort Wayne area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Fort Wayne apartment is the 3TH Model at Brandy Chase Apartment Homes starting at $1,429 with a $0.74 price per square foot in the Northwest 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.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.85
Brandy Chase Apartment Homes3TH3BR,1.5BA$0.74
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
Evard Place - Solar Powered2 Bedroom 2 Bath2BR,2BA$1.07
1118 Columbia Ave, Unit #2 (upstairs apartment), Unit Apartment 21118 Columbia Ave, Unit #2 (upstairs apartment)2BR,1BA$1.00
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
South Bridge ApartmentsTwo Bedroom One Bath Stackable Washer/Dryer2BR,1BA$1.06
St Joe Place2x22BR,2BA$0.80
Villa Capri ApartmentsPrato1BR,1BA$0.71
The Elex1 Bed, 1 bath1BR,1BA$0.58

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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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Best Local Schools in
Fort Wayne, IN

School data provided by Great Schools

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

Explore Fort Wayne, IN Rentals by Map

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See the most popular apartments and homes in Fort Wayne, IN

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Fort Wayne Apartments

What is the Cheapest Studio apartment in Fort Wayne?

Currently the most affordable Cheap Studio Apartment in Fort Wayne is at Emerald Square Apartments & Villas listed at $525.

How much is rent for a Cheap One Bedroom Fort Wayne Apartment?

The lowest price for a Cheap One Bedroom Fort Wayne Apartment is $422 at The Elex.

What is the lowest price for a Cheap Two Bedroom Fort Wayne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fort Wayne is starting from $513 at The Elex.

What is the most affordable Fort Wayne Three Bedroom Apartment?

The best deal on a cheap Fort Wayne Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $806.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.