
Cheap Apartments for Rent in the Fairmont Neighborhood of Fort Wayne, IN from $500 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairmont area of Fort Wayne.


River Pointe Townhomes

Black Pine Flats

938 Lincoln Ave

907 Lincoln Ave

1341 Fay Dr

824 Huestis Ave

2919 S Harrison St

3113 S Harrison St

1512 Taylor St
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.

810 Huestis Ave

Coventry Court Townhomes

1829 Broadway

901 Cottage Ave

924 Dayton Ave, Unit 2

Total Monthly Price
The Elex

436 E Taber St

Fairview Court Apartments

Regency House Apartments

Meeting House At St. Peter
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.

Fairfield Gardens

Renaissance Pointe

Indian Village Manor

Woodhaven Oaks

1918 Riedmiller Ave

Wildwood Place

4428 Gaywood Dr

2727 Winter St

1807 Hale Ave

2212 Nuttman Ave
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.

2220 Nuttman Ave

Rockhill Manor

3112 Thompson Ave

1315 Huestis Ave

Stephanie Villas

Parks Edge at McKinnie Commons

340 W Dewald St

Villages of Hanna

Indian Village Apartments

1235 Huestis Ave
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.

1322 Fay Dr

Anthony Wayne Villas and Flats

3019 Broadway

451 E Pontiac St

217 W Masterson Ave

2108 Drexel Ave

4029 S Hanna St

3201 Dinnen Ave

1114 Colerick St

4014 Oliver St
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.
Fairmont, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Fairmont?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairmont Studio Apartments | $1,235 | $1,235 | $1,235 |
| Fairmont 1 Bedroom Apartments | $1,504 | $685 | $1,902 |
| Fairmont 2 Bedroom Apartments | $1,905 | $825 | $2,802 |
| Fairmont 3 Bedroom Apartments | $2,358 | $999 | $5,483 |
| Fairmont 4 Bedroom Apartments | $1,249 | $1,249 | $1,249 |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Fairmont Neighborhood of Fort Wayne, IN.
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Fairmont, Fort Wayne, IN Local Guide
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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 River Pointe Townhomes priced from $725. Black Pine Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Fairmont apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Pointe Townhomes | Spacious 1 Bedroom Flat | 1BR,1BA | $725 |
| Black Pine Flats | 1 Bedroom Upgrd 504 | 1BR,1BA | $829 |
| Coventry Court Townhomes | CCT 2 BR/1 BA Townhome | 2BR,1BA | $949 |
| The Elex | The Pen-El | 1BR,1BA | $1,002 |
| Fairview Court Apartments | 2x1.5 Down Classic | 2BR,1BA | $1,029 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1BA | $1,150 |
| CityScape Flats | Hamilton - Studio | Studio,1BA | $1,235 |
| The Harrison | The Anderson | 2BR,2BA | $1,500 |
Best Value Apartments for Rent in Fairmont, IN
As of June 17, 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 The Lovinger Model at The Elex starting at $2,627 with a $2.22 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome W/Patio | 3BR,2.5BA | $0.90 |
| The Elex | The Lovinger | 2BR,2BA | $2.22 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1.5BA | $1.05 |
| Fairview Court Apartments | 2x1.5 Down Reno | 2BR,1.5BA | $1.19 |
| The Harrison | The Anderson | 2BR,2BA | $1.51 |
| CityScape Flats | Hamilton - Studio | Studio ,1BA | $1.84 |
| River Pointe Townhomes | Spacious 1 Bedroom Flat | 1BR,1BA | $1.22 |
| Black Pine Flats | 1 Bedroom Reno 504 | 1BR,1BA | $1.94 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Fairmont, Fort Wayne, IN
Harrison Hill Elementary School
Jeff High Towles Intermediate School
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 $725 at River Pointe Townhomes.
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 $825 at River Pointe Townhomes.
What is the most affordable Fairmont Three Bedroom Apartment?
The best deal on a cheap Fairmont Three Bedroom Apartment rental is at River Pointe Townhomes and starts from $999.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.