Cheap Apartments for Rent in the Foster Park Neighborhood of Fort Wayne, IN from $500 (58 Rentals)

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

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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1110 W Wayne St
$1,000 - $1,100
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,100
Total Monthly Price
$1,000 - $1,100
1 to 2 Bedroom Apartment Available Now

1110 W Wayne St

1110 W Wayne StFort Wayne, IN 46802
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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
  • Verified
  • 3D Tour
  • Smoke Free

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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Regency House Apartments
Studio to 2 Bedroom Apartments

Regency House Apartments

2440 Fairfield AveFort Wayne, IN 46807
  • Utilities Included
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Meeting House At St. Peter
1 to 2 Bedroom Apartments

Meeting House At St. Peter

611 E Dewald StFort Wayne, IN 46803
Senior Living
  • Utilities Included
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Garrison Flats
Studio to 1 Bedroom Apartments

Garrison Flats

733 W Wayne StFort Wayne, IN 46802
  • Utilities Included
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Fairfield Gardens
2 Bedroom Apartments

Fairfield Gardens

6300 Fairfield AveFort Wayne, IN 46807
  • Utilities Included
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Renaissance Pointe
3 to 4 Bedroom Apartments

Renaissance Pointe

2430-2440 Bowser AveFort Wayne, IN 46803
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Indian Village Manor
1 to 3 Bedroom Apartments

Indian Village Manor

2121 Engle RdFort Wayne, IN 46809
  • Utilities Included
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Fulton Manor
Studio Apartments

Fulton Manor

922 Fulton StFort Wayne, IN 46802
  • Utilities Included

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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Woodhaven Oaks
1 to 3 Bedroom Apartments

Woodhaven Oaks

2008 Woodhaven DrFort Wayne, IN 46819
Corporate Housing
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Wildwood Place
1 Bedroom Apartments

Wildwood Place

3431 Portage BlvdFort Wayne, IN 46802
  • Utilities Included
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2212 Nuttman Ave
1 to 2 Bedroom Apartments

2212 Nuttman Ave

2212 Nuttman AveFort Wayne, IN 46809
  • Utilities Included
  • Smoke Free
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2220 Nuttman Ave
2 Bedroom Apartments

2220 Nuttman Ave

2220 Nuttman AveFort Wayne, IN 46809
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Rockhill Manor
1 Bedroom Apartments

Rockhill Manor

1010 Rockhill StFort Wayne, IN 46802
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Indian Village Apartments
2 Bedroom Apartments

Indian Village Apartments

4250 Kekionga DrFort Wayne, IN 46809
Senior Living
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Foster Park, Fort Wayne, IN Local Guide

Cheapest Available Foster Park Apartments for Rent

 

The cheapest available apartment rental in the Foster Park area of Fort Wayne, IN is a 1 Bed unit found at River Pointe Townhomes priced from $699. Jackson Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Foster Park apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$699
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Black Pine Flats1 bedroom classic 5041BR,1BA$799
Coventry Court TownhomesCCT 2 BR/1 BA Townhome2BR,1BA$949
Autumn Creek Apartment Homes2B1.5B-STD2BR,1BA$959
The ElexThe Pen-El1BR,1BA$1,002

Best Value Apartments for Rent in Foster Park, IN

As of April 30, 2026 the best value apartment in the Foster Park area is the $0.90 price per square foot CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,399. The second greatest value Foster Park apartment is the 1110 W Wayne St Model at 1110 W Wayne St starting at $1,100 with a $0.85 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Foster Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
1110 W Wayne St1110 W Wayne St2BR,1BA$0.85
1312 Park Ave, Unit #11312 Park Ave2BR,1BA$0.80
Foster Park Apartments2 Bed Classic2BR,1.5BA$1.05
2202 Brooklyn Ave, Unit Apt C2202 Brooklyn Ave2BR,1BA$0.87
Fairview Court Apartments2x1.5 Down Classic2BR,1.5BA$1.03
Autumn Creek Apartment Homes1B1B - UPG1BR,1BA$1.29
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$1.18
Black Pine Flats1 Bedroom Upgrd 5041BR,1BA$1.64
Jackson Manor ApartmentsOne Bedroom1BR,1BA$1.60

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Best Local Schools in
Foster Park, Fort Wayne, IN

School data provided by Great Schools

Frequently Asked Questions about Cheap Foster Park Apartments

How much is rent for a Cheap One Bedroom Foster Park Apartment?

The lowest price for a Cheap One Bedroom Foster Park Apartment is $699 at River Pointe Townhomes.

What is the lowest price for a Cheap Two Bedroom Foster Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Foster Park is starting from $799 at River Pointe Townhomes.

What is the most affordable Foster Park Three Bedroom Apartment?

The best deal on a cheap Foster Park Three Bedroom Apartment rental is at River Pointe Townhomes and starts from $949.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.