Cheap Apartments for Rent in the Casselwood Terrace Neighborhood of Fort Wayne, IN from $500 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Casselwood Terrace area of Fort Wayne.

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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.

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Casselwood Terrace, Fort Wayne, IN Local Guide

Cheapest Available Casselwood Terrace Apartments for Rent

 

The cheapest available apartment rental in the Casselwood Terrace area of Fort Wayne, IN is a Studio unit found at Emerald Square Apartments & Villas priced from $525. The Meridian (Waterloo Gardens) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Casselwood Terrace apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$525
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589

Best Value Apartments for Rent in Casselwood Terrace, IN

As of May 23, 2025 the best value apartment in the Casselwood Terrace area is the $0.93 price per square foot CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,450. The second greatest value Casselwood Terrace apartment is the 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes starting at $1,515 with a $1.14 price per square foot in the Southeast Fort Wayne neighborhood. Here is today’s list of the best values for Casselwood Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.14
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
Coral Club Apartments2BD - 1.5B2BR,1.5BA$1.32
South Bridge ApartmentsOne Bedroom One Bath Full Size Washer/Dryer1BR,1BA$0.93
Villa Capri ApartmentsPrato1BR,1BA$0.81
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$1.18
Black Pine Flats1BR/1BA Renovated1BR,1BA$1.84
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$1.65
Emerald Square Apartments & VillasStudio Hickory MillStudio ,1BA$1.82

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Casselwood Terrace, Fort Wayne, IN

Ranked #86

Among neighborhoods in Fort Wayne, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Casselwood Terrace Neighborhood in Fort Wayne, IN

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

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 The Meridian (Waterloo Gardens) which is listed at $550, while the average apartment in Casselwood Terrace costs $1,199.

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 10 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 $169 which is $1,030 cheaper than the average rent for all rentals in Casselwood Terrace.

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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