Cheap Apartments for Rent in the Downtown Fort Wayne Neighborhood of Fort Wayne, IN from $400 (63 Rentals)

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 1312 Union St

1312 Union St

Fort WayneIN46802

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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439 E Wayne St
Studio to 1 Bedroom Apartments

439 E Wayne St

439 E Wayne StFort Wayne, IN 46802
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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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Downtown Fort Wayne, Fort Wayne, IN Local Guide

Cheapest Available Downtown Fort Wayne Apartments for Rent

 

The cheapest available apartment rental in the Downtown Fort Wayne 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 $699. Here are the most affordable Downtown Fort Wayne apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The Huntington1 Bed, 1 bath1BR,1BA$665
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$699
Jackson Manor ApartmentsOne Bedroom1BR,1BA$715
Rockhill Manor1 Bed, 1 bath1BR,1BA$795
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
Stratford Place ApartmentsFind Your Perfect Space at Stratford Place — Fo...1BR,1BA$800
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
Graystone LandingCentre 1 bed/1bath1BR,1BA$875
Woodview Manor ApartmentsPicasso1BR,1BA$1,050
CityScape FlatsThe HamiltonStudio,1BA$1,150

Best Value Apartments for Rent in Downtown Fort Wayne, IN

As of June 17, 2025 the best value apartment in the Downtown Fort Wayne area is the $1.00 price per square foot 1118 Columbia Ave, Unit #2 (upstairs apartment) Model at 1118 Columbia Ave, Unit #2 (upstairs apartment), Unit Apartment 2 in the in the West Central Fort Wayne neighborhood starting from $1,200. The second greatest value Downtown Fort Wayne apartment is the Wayne Model at Superior Lofts starting at $1,650 with a $1.44 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Downtown Fort Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1118 Columbia Ave, Unit #2 (upstairs apartment), Unit Apartment 21118 Columbia Ave, Unit #2 (upstairs apartment)2BR,1BA$1.00
Superior LoftsWayne2BR,2BA$1.44
Centlivre NickelplateCooper 52BR,2BA$1.53
CentlivreAcadia2BR,2BA$1.60
Stratford Place ApartmentsFind Your Perfect Space at Stratford Place — Fo...1BR,1BA$1.29
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$1.18
The Riv on the Greenway!1BR/1.0BA1BR,1BA$1.55
The Huntington1 Bed, 1 bath1BR,1BA$1.28
Rockhill Manor1 Bed, 1 bath1BR,1BA$1.59
Jackson Manor ApartmentsOne Bedroom1BR,1BA$1.57

Quick Rent Budget Calculator

How much rent can you afford?

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
Downtown Fort Wayne, Fort Wayne, IN

Ranked #27

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Downtown Fort Wayne, Fort Wayne, IN

School data provided by Great Schools

Getting Around the Downtown Fort Wayne Neighborhood in Fort Wayne, IN

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

58 / 100

Good Transit

Many 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 Downtown Fort Wayne Apartments

What is the Cheapest Studio apartment in Downtown Fort Wayne?

Currently the most affordable Cheap Studio Apartment in Downtown Fort Wayne is at Three Rivers Apartments listed at $799.

How much is rent for a Cheap One Bedroom Downtown Fort Wayne Apartment?

The lowest price for a Cheap One Bedroom Downtown Fort Wayne Apartment is $665 at The Huntington.

What is the lowest price for a Cheap Two Bedroom Downtown Fort Wayne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Fort Wayne is starting from $749 at River Pointe Townhomes.

What is the most affordable Downtown Fort Wayne Three Bedroom Apartment?

The best deal on a cheap Downtown Fort Wayne Three Bedroom Apartment rental is at River Pointe Townhomes and starts from $849.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.