Cheap Apartments for Rent in the Forest Park Neighborhood of Fort Wayne, IN from $400 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Forest Park area of Fort Wayne.

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.

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property at 812 Walnut St

$875 - $1,050

1 To 2 Bedroom Rentals

Available Jul 31

812 Walnut St

Fort WayneIN46802

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.

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The Elex
$1,002 - $3,066
Total Monthly Price

Total Monthly Price

Base Rent
$1,002 - $3,066
Total Monthly Price
$1,002 - $3,066
1 to 3 Bedroom Apartments Available Now

The Elex

877 Lavina StFort Wayne, IN 46802
Pet Friendly
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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.

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Newburyport
1 to 3 Bedroom Apartments

Newburyport

1701 Reed RdFort Wayne, IN 46815
  • Utilities Included
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439 E Wayne St
Studio to 1 Bedroom Apartments

439 E Wayne St

439 E Wayne StFort Wayne, IN 46802
Student Housing
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Randall Lofts
1 to 2 Bedroom Apartments

Randall Lofts

616 S Harrison StFort Wayne, IN 46802
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Garrison Flats
Studio to 1 Bedroom Apartments

Garrison Flats

733 W Wayne StFort Wayne, IN 46802
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Chase Manor Apartments
1 to 2 Bedroom Apartments

Chase Manor Apartments

641-649 Tennessee AveFort Wayne, IN 46805
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530 W Berry St
Studio to 1 Bedroom Apartments

530 W Berry St

530 W Berry StFort Wayne, IN 46802
  • Utilities Included

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.

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Baldwin Creek
2 to 4 Bedroom Apartments

Baldwin Creek

2020 Hobson RdFort Wayne, IN 46805
  • Utilities Included
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Rockhill Manor
1 Bedroom Apartments

Rockhill Manor

1010 Rockhill StFort Wayne, IN 46802
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Northcrest Apartments
2 Bedroom Apartments

Northcrest Apartments

4824 Northcrest DrFort Wayne, IN 46825
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The Landing
Studio to 2 Bedroom Apartments

The Landing

118 W Columbia StFort Wayne, IN 46802
  • Utilities Included

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.

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Forest Park, Fort Wayne, IN Local Guide

Cheapest Available Forest Park Apartments for Rent

 

The cheapest available apartment rental in the Forest Park area of Fort Wayne, IN is a 1 Bed unit found at The Huntington priced from $665. River Pointe Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Forest Park apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The Huntington1 Bed, 1 bath1BR,1BA$665
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$725
Nemoir Manor ApartmentsOne Bedroom1BR,1BA$759
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$765
Stratford PlaceBeautiful 1 bed 1 bath apartments in Stratford ...1BR,1BA$835
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
Three Rivers Apartmentss01b Rodeo DriveStudio,1BA$899
Graystone Landing1 bedroom/1 bathroom1BR,1BA$900
The ElexThe Pen-El1BR,1BA$1,002

Best Value Apartments for Rent in Forest Park, IN

As of July 23, 2026 the best value apartment in the Forest Park area is the $1.29 price per square foot 1632 N Wells St Model at 1632 N Wells St, Unit Upper in the in the Southwest Fort Wayne neighborhood starting from $1,675. The second greatest value Forest Park apartment is the Kingsbridge 2Bed 2Bath 980sqft Model at Canterbury Green starting at $1,135 with a $1.16 price per square foot in the Northeast Fort Wayne neighborhood. Here is today’s list of the best values for Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1632 N Wells St, Unit Upper1632 N Wells St2BR,2BA$1.29
Canterbury GreenKingsbridge 2Bed 2Bath 980sqft2BR,2BA$1.16
Community at Triangle ParkThe Rialto1BR,1BA$1.56
The Riv on the Greenway!2BR/1.0BA2BR,1BA$1.55
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$1.22
Stratford PlaceBeautiful 1 bed 1 bath apartments in Stratford ...1BR,1BA$1.35
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$1.22
The Huntington1 Bed, 1 bath1BR,1BA$1.28
Jackson Manor ApartmentsOne Bedroom1BR,1BA$1.60
Nemoir 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
Forest Park, Fort Wayne, IN

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Forest Park, Fort Wayne, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States including Forest Park, Fort Wayne, and the greater Fort Wayne area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Forest Park Apartments

What is a cheap apartment in Forest Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Forest Park is under $1,002.

What is the price of a cheap apartment in Forest Park?

The cheapest apartment in Forest Park is The Huntington which is listed at $665, while the average apartment in Forest Park costs $2,074.

What types of apartments are the cheapest in Forest Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 135 regular apartments in Forest Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Forest Park?

Cheap apartments in Forest Park have an average cost of $433 which is $1,641 cheaper than the average rent for all rentals in Forest Park.

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 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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.