Cheap Homes for Rent in the Five Points Neighborhood of Fort Wayne, IN from $800 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in the Five Points area of Fort Wayne.

property at 1240 Boone St

$825

1 Bedroom Rentals

Available Now

1240 Boone St

Fort WayneIN46808

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.

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.

property at 1610 Kelly Dr

$1,200

3 Bedroom, 2 Bath Home for Rent

Available Now

1610 Kelly Dr

Fort WayneIN46808

Five Points, Fort Wayne, IN Local Guide

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 ListingModel NameBed/BathPriced From
The Huntington1 Bed, 1 bath1BR,1BA$665
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Nemoir Manor ApartmentsOne Bedroom1BR,1BA$799
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
West Wind ApartmentsStandard One Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
701 runnion ave, Unit 703 Runnion701 runnion ave3BR,1.5BA$0.78
1632 N Wells St, Unit Upper1632 N Wells St2BR,2BA$1.29
The Summit at Ridgewood Apartment and TownhomesThree Bedroom 1.5 Bath Townhome 1,184 sqft3BR,1.5BA$1.24
Superior LoftsBerne1BR,1BA$1.65
The Riv on the Greenway!2BR/1.0BA2BR,1BA$1.55
West Wind ApartmentsStandard One Bedroom1BR,1BA$1.54
Graystone Landing1 bedroom/1 bathroom1BR,1BA$1.64
Three Rivers Apartmentss01b Rodeo DriveStudio ,1BA$1.68
The Huntington1 Bed, 1 bath1BR,1BA$1.28
Jackson Manor ApartmentsOne Bedroom1BR,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.

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Real 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.

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Pet Friendly Lifestyle
Five Points, Fort Wayne, IN

Ranked #47

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.