
Cheap Apartments for Rent in the Fairmont Neighborhood of Fort Wayne, IN from $550 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairmont area of Fort Wayne.


453 W Dewald St

114 W Creighton Ave

Black Pine Flats

Total Monthly Price
2145 Ontario St, Unit 2147 Ontario Street

2016 Phenie St

236 E Dewald St

1312 Union St

2411 Fox Ave

1928 Lafayette St
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.

357 French Ave

Coventry Court Townhomes

Total Monthly Price
113 W Concord Ln, Unit 113 W Concord Ln

2406 Waynewood Dr, Unit Duplicate of 8

Total Monthly Price
The Elex

Fairview Court Apartments

Cityscape Flats

3209 Fairfield Ave

812 Walnut St

Regency House Apartments
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.

Meeting House At St. Peter

Fairfield Gardens

Renaissance Pointe

Indian Village Manor

Woodhaven Oaks

1918 Riedmiller Ave

1119 Michigan Ave

Wildwood Place

2212 Nuttman Ave

2220 Nuttman Ave
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.

1229 Wall St

Rockhill Manor

931 Home Ave

Stephanie Villas

Parks Edge at McKinnie Commons

4502 Gaywood Dr

Villages of Hanna

Indian Village Apartments

1141 Kinnaird Ave

814 Grace Ave
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.

129 E Woodland Ave

1018 Baxter St

4721 Warsaw St

345 Kinnaird Ave

Anthony Wayne Villas and Flats

4319 Standish Dr

309 W Williams St

3519 Euclid Ave

3528 Reed St

1232 West Washington Boulevard
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.
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 | $1,140 | $1,045 | $1,235 |
| Fairmont 1 Bedroom Apartments | $1,317 | $750 | $1,943 |
| Fairmont 2 Bedroom Apartments | $1,494 | $815 | $2,662 |
| Fairmont 3 Bedroom Apartments | $2,360 | $1,024 | $3,931 |
Browse Apartments in this Neighborhood
There are currently 60 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 $750. Rockhill Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Fairmont apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Pointe Townhomes | 1 Flat | 1BR, 1BA | $750 |
| Rockhill Manor | 1BR/1.0BA | 1BR, 1BA | $765 |
| Black Pine Flats | 1 bedroom classic 504 | 1BR, 1BA | $799 |
| Coventry Court Townhomes | CCT 2 BR/1 BA Townhome | 2BR, 1BA | $949 |
| The Elex | JA02-1/1: The Minna | 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 | 1 Bed 1 Bath The Anthony (1B1862) | 1BR, 1BA | $1,349 |
Best Value Apartments for Rent in Fairmont, IN
As of September 22, 2026 the best value apartment in the Fairmont area is the $0.42 price per square foot 2145 Ontario St Model at 2145 Ontario St, Unit 2147 Ontario Street in the Southwest Fort Wayne neighborhood starting from $800. The second greatest value Fairmont apartment is the CLA 3BR/2.5BA Townhome Model at Coventry Court Townhomes in the Southwest Fort Wayne neighborhood starting at $1,379 with a $0.84 price per square foot. 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. |
|---|---|---|---|
| 2145 Ontario St, Unit 2147 Ontario Street | 2145 Ontario St | 1BR, 1BA | $0.42 |
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome | 3BR, 2.5BA | $0.84 |
| Cityscape Flats | 2 Bed 2 Bath The Foster (2B2B1133) | 2BR, 2BA | $1.59 |
| Foster Park Apartments | 2 Bed Classic | 2BR, 1.5BA | $1.05 |
| Fairview Court Apartments | 2x1.5 Down Reno | 2BR, 1.5BA | $1.19 |
| 113 W Concord Ln, Unit 113 W Concord Ln | 113 W Concord Ln | 2BR, 1BA | $1.46 |
| River Pointe Townhomes | 1 Flat | 1BR, 1BA | $1.27 |
| The Elex | A01-Jr The Meyers | 1BR, 1BA | $2.49 |
| Black Pine Flats | 1 Bedroom Reno 504 | 1BR, 1BA | $1.94 |
| Rockhill Manor | 1BR/1.0BA | 1BR, 1BA | $1.53 |
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 ArticleNavigating 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.
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 $750 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 $850 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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.