
Cheap Apartments for Rent in the Casselwood Terrace Neighborhood of Fort Wayne, IN from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Casselwood Terrace area of Fort Wayne.


Coral Club Apartments

Black Pine Flats

Emerald Square Villas

South Bridge Apartments
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.

The Meridian (Waterloo Gardens)

Villa Capri Apartments

Adam & Bruce Senior Housing Apartments

Meeting House At St. Peter

7534 E Melody Cir
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.

Hickory Mill Apartments

Renaissance Pointe

Whispering Creek Apartments

The Village at Wayne Trace Homes

Kayla Court
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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.

Quail Creek Mobile Home Park
Casselwood Terrace, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Casselwood Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Casselwood Terrace Studio Apartments | $742 | $742 | $742 |
| Casselwood Terrace 1 Bedroom Apartments | $867 | $620 | $979 |
| Casselwood Terrace 2 Bedroom Apartments | $983 | $739 | $1,260 |
| Casselwood Terrace 3 Bedroom Apartments | $1,190 | $946 | $1,349 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Casselwood Terrace Neighborhood of Fort Wayne, IN.
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Cheapest Available Casselwood Terrace Apartments for Rent
 The cheapest available apartment rental in the Casselwood Terrace area of Fort Wayne, IN is a 1 Bed unit found at Villa Capri Apartments priced from $620. Emerald Square Villas has the second lowest priced unit, which is a 2 Beds apartment currently listed from $739. Here are the most affordable Casselwood Terrace apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Capri Apartments | Prato | 1BR,1BA | $620 |
| Emerald Square Villas | 2x1 Classic PV | 2BR,1BA | $739 |
| Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $742 |
| The Meridian (Waterloo Gardens) | Premium 1 BED | 1 BATH | 1BR,1BA | $755 |
| Black Pine Flats | 1 Bedroom Upgrd 504 | 1BR,1BA | $799 |
Best Value Apartments for Rent in Casselwood Terrace, IN
As of January 12, 2026 the best value apartment in the Casselwood Terrace area is the $1.18 price per square foot 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes in the in the Southeast Fort Wayne neighborhood starting from $1,575. The second greatest value Casselwood Terrace apartment is the 2x1.5 Townhome Upgrade Model at Fairview Court Apartments starting at $1,079 with a $0.98 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Casselwood Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Village at Wayne Trace Homes | 2 Bedroom | Renovated | 2BR,2BA | $1.18 |
| Fairview Court Apartments | 2x1.5 Townhome Upgrade | 2BR,1.5BA | $0.98 |
| Emerald Square Villas | 2x1 Reno | 2BR,1BA | $0.91 |
| Coral Club Apartments | 2X1.5 Up Reno W/ W/D | 2BR,1.5BA | $1.37 |
| South Bridge Apartments | One Bedroom One Bath Stackable Washer/Dryer | 1BR,1BA | $1.27 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| Adam & Bruce Senior Housing Apartments | One Bedroom | 1BR,1BA | $1.49 |
| Black Pine Flats | 1 Bedroom Reno 504 | 1BR,1BA | $1.94 |
| The Meridian (Waterloo Gardens) | Premium 1 BED | 1 BATH | 1BR,1BA | $1.76 |
Frequently Asked Questions about Cheap Casselwood Terrace Apartments
What is the price of a cheap apartment in Casselwood Terrace?
The cheapest apartment in Casselwood Terrace is Villa Capri Apartments which is listed at $620, while the average apartment in Casselwood Terrace costs $1,036.
What types of apartments are the cheapest in Casselwood Terrace?
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 11 regular apartments in Casselwood Terrace 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 Casselwood Terrace?
Cheap apartments in Casselwood Terrace have an average cost of $655 which is $381 cheaper than the average rent for all rentals in Casselwood Terrace.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!