Cheap Apartments for Rent in the Chapel Oaks Neighborhood of Fort Wayne, IN from $400 (91 Rentals)

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

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1512 Taylor St

$750 - $850

1 Bedroom Rentals

Available Now

1512 Taylor St

Fort WayneIN46802

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 812 Walnut St

$875 - $1,050

1 To 2 Bedroom Rentals

Available Jul 31

812 Walnut St

Fort WayneIN46802

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Elex
$1,002 - $3,066
Total Monthly Price

Total Monthly Price

Base Rent
$1,002 - $3,066

Total Monthly Price
$1,002 - $3,066
1 to 3 Bedroom Apartments Available Now

The Elex

877 Lavina StFort Wayne, IN 46802
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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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439 E Wayne St
Studio to 1 Bedroom Apartments

439 E Wayne St

439 E Wayne StFort Wayne, IN 46802
Student Housing
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Regency House Apartments
Studio to 2 Bedroom Apartments

Regency House Apartments

2440 Fairfield AveFort Wayne, IN 46807
  • Utilities Included
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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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Randall Lofts
1 to 2 Bedroom Apartments

Randall Lofts

616 S Harrison StFort Wayne, IN 46802
  • Utilities Included
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Garrison Flats
Studio to 1 Bedroom Apartments

Garrison Flats

733 W Wayne StFort Wayne, IN 46802
  • Utilities Included

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.

Chapel Oaks, Fort Wayne, IN Local Guide

Cheapest Available Chapel Oaks Apartments for Rent

 

The cheapest available apartment rental in the Chapel Oaks area of Fort Wayne, IN is a 1 Bed unit found at The Huntington priced from $665. River Pointe Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Chapel Oaks apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The Huntington1 Bed, 1 bath1BR,1BA$665
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$725
Nemoir Manor ApartmentsOne Bedroom1BR,1BA$759
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
Three Rivers Apartmentss01b Rodeo DriveStudio,1BA$899
Graystone Landing1 bedroom/1 bathroom1BR,1BA$900
The ElexThe Pen-El1BR,1BA$1,002
St Joseph Apartments0BR/1.0BAStudio,1BA$1,075

Best Value Apartments for Rent in Chapel Oaks, IN

As of July 22, 2026 the best value apartment in the Chapel Oaks 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 Chapel Oaks apartment is the 1632 N Wells St Model at 1632 N Wells St, Unit Upper starting at $1,675 with a $1.29 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Chapel Oaks 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
1632 N Wells St, Unit Upper1632 N Wells St2BR,2BA$1.29
238 E Suttenfield St, Unit 238 E Suttenfield St238 E Suttenfield St2BR,1BA$0.81
Superior LoftsBerne1BR,1BA$1.65
The Riv on the Greenway!2BR/1.0BA2BR,1BA$1.55
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$1.22
Graystone Landing1 bedroom/1 bathroom1BR,1BA$1.64
The Huntington1 Bed, 1 bath1BR,1BA$1.28
Jackson Manor ApartmentsOne Bedroom1BR,1BA$1.60
Nemoir Manor ApartmentsOne Bedroom1BR,1BA$1.60

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Chapel Oaks, Fort Wayne, IN

Ranked #52

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Chapel Oaks Apartments

What is a cheap apartment in Chapel Oaks?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chapel Oaks is under $1,075.

What is the price of a cheap apartment in Chapel Oaks?

The cheapest apartment in Chapel Oaks is The Huntington which is listed at $665, while the average apartment in Chapel Oaks costs $2,917.

What types of apartments are the cheapest in Chapel Oaks?

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 30 regular apartments in Chapel Oaks 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 Chapel Oaks?

Cheap apartments in Chapel Oaks have an average cost of $204 which is $2,713 cheaper than the average rent for all rentals in Chapel Oaks.

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.