Cheap Apartments for Rent in the Fairmont Neighborhood of Fort Wayne, IN from $500 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fairmont 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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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
Pet Friendly
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  • Smoke Free
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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

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.

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Fairfield Gardens
2 Bedroom Apartments

Fairfield Gardens

6300 Fairfield AveFort Wayne, IN 46807
  • 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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Indian Village Manor
1 to 3 Bedroom Apartments

Indian Village Manor

2121 Engle RdFort Wayne, IN 46809
  • Utilities Included
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Woodhaven Oaks
1 to 3 Bedroom Apartments

Woodhaven Oaks

2008 Woodhaven DrFort Wayne, IN 46819
Corporate Housing
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Wildwood Place
1 Bedroom Apartments

Wildwood Place

3431 Portage BlvdFort Wayne, IN 46802
  • Utilities Included
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2212 Nuttman Ave
1 to 2 Bedroom Apartments

2212 Nuttman Ave

2212 Nuttman AveFort Wayne, IN 46809
  • Utilities Included
  • Smoke Free

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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2220 Nuttman Ave
2 Bedroom Apartments

2220 Nuttman Ave

2220 Nuttman AveFort Wayne, IN 46809
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Rockhill Manor
1 Bedroom Apartments

Rockhill Manor

1010 Rockhill StFort Wayne, IN 46802
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Stephanie Villas
2 to 4 Bedroom Apartments

Stephanie Villas

1418 Fayette DrFort Wayne, IN 46816
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Villages of Hanna
1 to 3 Bedroom Apartments

Villages of Hanna

2201 Reed StFort Wayne, IN 46803
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Indian Village Apartments
2 Bedroom Apartments

Indian Village Apartments

4250 Kekionga DrFort Wayne, IN 46809
Senior Living
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Fairmont, Fort Wayne, IN Local Guide

Cheapest Available Fairmont Apartments for Rent

 

The cheapest available apartment rental in the Fairmont area of Fort Wayne, IN is a 1 Bed unit found at Black Pine Flats priced from $799. Coventry Court Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here are the most affordable Fairmont apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Black Pine Flats1 bedroom classic 5041BR,1BA$799
Coventry Court TownhomesCCT 2 BR/1 BA Townhome2BR,1BA$949
The ElexThe Pen-El1BR,1BA$1,002
Fairview Court Apartments2x1.5 Down Classic2BR,1BA$1,029
Foster Park Apartments2 Bed Classic2BR,1BA$1,150
CityScape FlatsHamilton - StudioStudio,1BA$1,235

Best Value Apartments for Rent in Fairmont, IN

As of April 28, 2026 the best value apartment in the Fairmont area is the $0.90 price per square foot CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,399. The second greatest value Fairmont apartment is the 1312 Park Ave Model at 1312 Park Ave, Unit #1 starting at $1,000 with a $0.80 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Fairmont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
1312 Park Ave, Unit #11312 Park Ave2BR,1BA$0.80
Foster Park Apartments2 Bed Classic2BR,1.5BA$1.05
Fairview Court Apartments2x1.5 Down Classic2BR,1.5BA$1.03
2202 Brooklyn Ave, Unit Apt C2202 Brooklyn Ave2BR,1BA$0.87
CityScape FlatsHamilton - StudioStudio ,1BA$1.84
The ElexThe Meyers1BR,1BA$2.38
Black Pine Flats1 Bedroom Upgrd 5041BR,1BA$1.64
2441 Sandpoint Rd, Unit Apartment 22441 Sandpoint RdStudio ,1BA$2.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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.

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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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Best Local Schools in
Fairmont, Fort Wayne, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap Fairmont Apartments

How much is rent for a Cheap One Bedroom Fairmont Apartment?

The lowest price for a Cheap One Bedroom Fairmont Apartment is $799 at Black Pine Flats.

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

Today's best deal for a Cheap Two Bedroom Apartment in Fairmont is starting from $949 at Coventry Court Townhomes.

What is the most affordable Fairmont Three Bedroom Apartment?

The best deal on a cheap Fairmont Three Bedroom Apartment rental is at Coventry Court Townhomes and starts from $1,199.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.