Cheap Apartments for Rent in the Casselwood Terrace Neighborhood of Fort Wayne, IN from $300 (16 Rentals)

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

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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Meeting House At St. Peter
1 to 2 Bedroom Apartments

Meeting House At St. Peter

611 E Dewald StFort Wayne, IN 46803
Senior Living
  • Utilities Included
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7534 E Melody Cir
3 to 5 Bedroom Apartments

7534 E Melody Cir

813 N Melody CirFort Wayne, IN 46816

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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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Hickory Mill Apartments
1 to 2 Bedroom Apartments

Hickory Mill Apartments

5856 Turtle Creek DrFort Wayne, IN 46816
  • Utilities Included
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Renaissance Pointe
3 to 4 Bedroom Apartments

Renaissance Pointe

2430-2440 Bowser AveFort Wayne, IN 46803
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Kayla Court
Studio Apartments

Kayla Court

717 Petal WayFort Wayne, IN 46816

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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. The Meridian (Waterloo Gardens) has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable Casselwood Terrace apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$620
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat2BR,1BA$650
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Emerald Square Villas2x1 Classic PV2BR,1BA$759
Black Pine Flats1 bedroom classic 5041BR,1BA$799

Best Value Apartments for Rent in Casselwood Terrace, IN

As of July 18, 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 238 E Suttenfield St Model at 238 E Suttenfield St, Unit 238 E Suttenfield St starting at $950 with a $0.86 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.18
238 E Suttenfield St, Unit 238 E Suttenfield St238 E Suttenfield St2BR,1BA$0.86
Coral Club Apartments3X1.5 Up Upgrade w/d3BR,1.5BA$1.23
Fairview Court Apartments2x1.5 Down Reno2BR,1.5BA$1.19
South Bridge ApartmentsTwo Bedroom Two Bath Full-Size Washer/Dryer2BR,2BA$1.34
Emerald Square Villas2x1 Reno2BR,1BA$0.92
Villa Capri ApartmentsPrato1BR,1BA$0.86
Black Pine Flats1 Bedroom P.C Reno1BR,1BA$1.82
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio ,1BA$1.48
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat2BR,1BA$1.86

Frequently Asked Questions about Cheap Casselwood Terrace Apartments

How much is rent for a Cheap One Bedroom Casselwood Terrace Apartment?

The lowest price for a Cheap One Bedroom Casselwood Terrace Apartment is $620 at Villa Capri Apartments.

What is the lowest price for a Cheap Two Bedroom Casselwood Terrace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Casselwood Terrace is starting from $650 at The Meridian (Waterloo Gardens).

What is the most affordable Casselwood Terrace Three Bedroom Apartment?

The best deal on a cheap Casselwood Terrace Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $946.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.