
Cheap Homes for Rent in the Five Points Neighborhood of Fort Wayne, IN from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Fort Wayne.


608 Anderson Ave

1520 E Berry St, Unit 219

781 Fernwood Ave, Unit 101

1520 E Berry St, Unit 224

1631 Sherman Blvd
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.

112 W Washington Blvd

1722 Sinclair St

1009 E Lewis St

1707 Bayer Ave

1517 Howell St

5705 Heather View Ln
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.

1610 Kelly Dr
Five Points, Fort Wayne, IN Local Guide

How much does it cost to rent a home in Five Points?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points 2 Bedroom Homes for Rent | $1,296 | $875 | $1,950 |
| Five Points 3 Bedroom Homes for Rent | $2,662 | $1,100 | $10,000+ |
| Five Points 4 Bedroom Homes for Rent | $1,184 | $1,099 | $1,270 |
| Five Points 5 Bedroom Homes for Rent | $1,725 | $1,725 | $1,725 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Fort Wayne, IN.
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Five Points, Fort Wayne, IN Local Guide
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Cheapest Available Five Points Apartments for Rent
 The cheapest available apartment rental in the Five Points area of Fort Wayne, IN is a 1 Bed unit found at The Huntington priced from $665. Jackson Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Five Points apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Huntington | 1 Bed, 1 bath | 1BR,1BA | $665 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
| Nemoir Manor Apartments | One Bedroom | 1BR,1BA | $799 |
| The Riv on the Greenway! | 1BR/1.0BA | 1BR,1BA | $845 |
| West Wind Apartments | Standard One Bedroom | 1BR,1BA | $876 |
Best Value Apartments for Rent in Five Points, IN
As of July 30, 2026 the best value apartment in the Five Points area is the $0.78 price per square foot 701 runnion ave Model at 701 runnion ave, Unit 703 Runnion in the in the Southwest Fort Wayne neighborhood starting from $1,250. The second greatest value Five Points apartment is the 1632 N Wells St Model at 1632 N Wells St, Unit Upper starting at $1,675 with a $1.29 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 701 runnion ave, Unit 703 Runnion | 701 runnion ave | 3BR,1.5BA | $0.78 |
| 1632 N Wells St, Unit Upper | 1632 N Wells St | 2BR,2BA | $1.29 |
| The Summit at Ridgewood Apartment and Townhomes | Three Bedroom 1.5 Bath Townhome 1,184 sqft | 3BR,1.5BA | $1.24 |
| Superior Lofts | Berne | 1BR,1BA | $1.65 |
| The Riv on the Greenway! | 2BR/1.0BA | 2BR,1BA | $1.55 |
| West Wind Apartments | Standard One Bedroom | 1BR,1BA | $1.54 |
| Graystone Landing | 1 bedroom/1 bathroom | 1BR,1BA | $1.64 |
| Three Rivers Apartments | s01b Rodeo Drive | Studio ,1BA | $1.68 |
| The Huntington | 1 Bed, 1 bath | 1BR,1BA | $1.28 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $1.60 |
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.
Pet Friendly LifestyleFive Points, Fort Wayne, IN
Ranked #47
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Five Points
What type of rentals are currently available in Five Points?
There are currently 99 Apartments for Rent in Five Points, IN with pricing that ranges from $650 to $4,963. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $825 to $12,500.
What is the current price range for Rental Homes in Five Points?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points ranges from $825 to $12,500 with an average monthly rent of $1,560.
How much are larger Three and Four Bedroom Rentals in Five Points?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Five Points range from $845 to $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $12,500. Four Bedroom Single-Family rentals are also available starting from $1,099 and Four Bedroom Apartments start at $1,699.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.