
Cheap Apartments for Rent in the Colonial Park Neighborhood of Fort Wayne, IN from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Park area of Fort Wayne.


Montrose Square

Shoaff Park Villas

Coldwater Crossing Apartments

Fountain Lake Apartment Homes

Golfview Apartments

The Summit at Ridgewood Apartment and Townhomes

Stratford Place Apartments
Colonial Park, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Colonial Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Park Studio Apartments | $838 | $689 | $950 |
| Colonial Park 1 Bedroom Apartments | $998 | $625 | $1,478 |
| Colonial Park 2 Bedroom Apartments | $1,163 | $640 | $2,337 |
| Colonial Park 3 Bedroom Apartments | $1,495 | $1,250 | $1,956 |
| Colonial Park 4 Bedroom Apartments | $600 | $600 | $600 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Colonial Park Neighborhood of Fort Wayne, IN.
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Colonial Park, Fort Wayne, IN Local Guide
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Cheapest Available Colonial Park Apartments for Rent
 The cheapest available apartment rental in the Colonial Park area of Fort Wayne, IN is a Studio unit found at Shoaff Park Villas priced from $695. Fountain Lake Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here are the most affordable Colonial Park apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoaff Park Villas | Studio, 1 bath | Studio,1BA | $695 |
| Fountain Lake Apartment Homes | Roselle | Studio,1BA | $735 |
| The Summit at Ridgewood Apartment and Townhomes | One Bedroom- 629 sqft | 1BR,1BA | $780 |
| Graystone Apartments | Graystone Apartments 1bed studio | 1BR,1BA | $790 |
| Stratford Place Apartments | Your New Home Awaits — One Month FREE at Stratf... | 1BR,1BA | $800 |
Best Value Apartments for Rent in Colonial Park, IN
As of November 20, 2025 the best value apartment in the Colonial Park area is the $1.16 price per square foot Hawthorne Model at Emerald Pointe (55+ Senior Community) in the in the Northwest Fort Wayne neighborhood starting from $1,225. The second greatest value Colonial Park apartment is the Birch Model at Woodbridge Apartments starting at $1,185 with a $1.14 price per square foot in the Northwest Fort Wayne neighborhood. Here is today’s list of the best values for Colonial Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Woodbridge Apartments | Birch | 2BR,2BA | $1.14 |
| Archers Pointe | 2 Bedroom Townhome | 2BR,1.5BA | $1.36 |
| The Grand at Shoaff Park | B2P | 2BR,2BA | $1.34 |
| St Joe Place | 2x2 | 2BR,2BA | $0.76 |
| Stone Pointe Village | Avila 3D | 2BR,1BA | $1.41 |
| CANTERBURY GREEN | Westgate | 1BR,1BA | $1.21 |
| The Summit at Ridgewood Apartment and Townhomes | One Bedroom- 629 sqft | 1BR,1BA | $1.24 |
| Stratford Place Apartments | Your New Home Awaits — One Month FREE at Stratf... | 1BR,1BA | $1.29 |
| Brentwood Park Apartments | Francisco | 1BR,1BA | $1.43 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleColonial Park, Fort Wayne, IN
Ranked #35
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Colonial Park Neighborhood in Fort Wayne, IN
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
49 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
35 / 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 Colonial Park Apartments
What is a cheap apartment in Colonial Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Colonial Park is under $950.
What is the price of a cheap apartment in Colonial Park?
The cheapest apartment in Colonial Park is The Summit at Ridgewood Apartment and Townhomes which is listed at $780, while the average apartment in Colonial Park costs $1,515.
What types of apartments are the cheapest in Colonial Park?
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 Colonial Park 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 Colonial Park?
Cheap apartments in Colonial Park have an average cost of $600 which is $915 cheaper than the average rent for all rentals in Colonial Park.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.


