Cheap Homes for Rent in Fairmont Neighborhood of Fort Wayne, IN from $500 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Fairmont 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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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 The Elex priced from $422. River Pointe Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Fairmont apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The Elex1 Bed, 1 bath1BR,1BA$422
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$699
Black Pine Flats1BR/1BA Classic1BR,1BA$750
Rockhill Manor1x11BR,1BA$795
Fairview CourtTwo Bedroom2BR,1BA$925

Best Value Apartments for Rent in Fairmont, IN

As of June 20, 2025 the best value apartment in the Fairmont area is the $0.93 price per square foot CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,450. The second greatest value Fairmont apartment is the Two Bedroom Townhome Model at Fairview Court starting at $1,025 with a $0.93 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 TH W/Patio3BR,2.5BA$0.93
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
CityScape FlatsThe Griswold1BR,1BA$1.75
The Elex1 Bed, 1 bath1BR,1BA$0.58
The HarrisonThe Jefferson1BR,1BA$1.84
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$1.18
Black Pine Flats1BR/1BA Renovated1BR,1BA$1.84
Rockhill Manor1x11BR,1BA$1.59
1308 Scott Ave, Unit 21308 Scott Ave1BR,1BA$2.67
2441 Sandpoint Rd, Unit Apartment 12441 Sandpoint RdStudio ,1BA$2.50

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Frequently Asked Questions about Fairmont

What type of rentals are currently available in Fairmont?

There are currently 75 Apartments for Rent in Fairmont, IN with pricing that ranges from $422 to $2,200. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairmont ranging from $550 to $2,495.

What is the current price range for Rental Homes in Fairmont?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairmont ranges from $550 to $2,495 with an average monthly rent of $1,157.

How much are larger Three and Four Bedroom Rentals in Fairmont?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairmont range from $849 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $880 to $2,000. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $1,199.

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.