
Cheap Apartments for Rent in the Illsley Place Neighborhood of Fort Wayne, IN from $400 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the Illsley Place area of Fort Wayne.


1918 Riedmiller Ave

209 W Dewald St

Jackson Manor Apartments

3718 S Wayne Ave

2411 Fox Ave

Black Pine Flats

Total Monthly Price
2441 Sandpoint Rd, Unit Apartment 2, Unit Apartment 2

Sheridan Court Apartments

Total Monthly Price
The Elex
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.

Total Monthly Price
2202 Brooklyn Ave, Unit Apt C, Unit Apt C

Foster Park Apartments

1341 Fay Dr

938 Lincoln Ave

Graystone Landing

907 Lincoln Ave

339 W Dewald St

Coventry Court Townhomes

1520 E Berry St, Unit 104

1520 E Berry St, Unit 224
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.

Autumn Creek Apartment Homes

St Joseph Apartments

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1110 W Wayne St

Total Monthly Price
1312 Park Ave, Unit #1, Unit #1

1829 Broadway

3510 S Harrison St

901 Cottage Ave

3209 Fairfield Ave

439 E Wayne St

Regency House Apartments
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.

Meeting House At St. Peter

Randall Lofts

Garrison Flats

Worthington Manor Apartments

530 W Berry St

Fairfield Gardens

Renaissance Pointe

Indian Village Manor

Fulton Manor

1829 Hale Ave
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.

Woodhaven Oaks

River Pointe Townhomes

Wildwood Place

2212 Nuttman Ave

2220 Nuttman Ave

1221 Wall St

436 W Williams St

Rockhill Manor

435 Greenwood Ave

420 Maxine Dr
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.
Illsley Place, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Illsley Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Illsley Place Studio Apartments | $1,065 | $800 | $1,345 |
| Illsley Place 1 Bedroom Apartments | $1,341 | $640 | $1,950 |
| Illsley Place 2 Bedroom Apartments | $1,746 | $865 | $2,608 |
| Illsley Place 3 Bedroom Apartments | $2,075 | $900 | $4,448 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the Illsley Place Neighborhood of Fort Wayne, IN.
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Illsley Place, Fort Wayne, IN Local Guide
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Cheapest Available Illsley Place Apartments for Rent
 The cheapest available apartment rental in the Illsley Place area of Fort Wayne, IN is a 1 Bed unit found at Jackson Manor Apartments priced from $765. Black Pine Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Illsley Place apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
| Black Pine Flats | 1 bedroom classic 504 | 1BR,1BA | $799 |
| The Elex | The Pen-El | 1BR,1BA | $843 |
| Foster Park Apartments | 1 Bed Classic | 1BR,1BA | $880 |
| Coventry Court Townhomes | CCT 2 BR/1 BA Townhome | 2BR,1BA | $949 |
| Graystone Landing | West End 1 bed/1 bath | 1BR,1BA | $950 |
| Autumn Creek Apartment Homes | 2B1.5B-STD | 2BR,1BA | $959 |
| St Joseph Apartments | 0BR/1.0BA | Studio,1BA | $995 |
Best Value Apartments for Rent in Illsley Place, IN
As of April 16, 2026 the best value apartment in the Illsley Place 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 Illsley Place apartment is the CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes starting at $1,399 with a $0.90 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Illsley Place 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 |
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome W/Patio | 3BR,2.5BA | $0.90 |
| 1110 W Wayne St | 1110 W Wayne St | 2BR,1BA | $0.85 |
| 1312 Park Ave, Unit #1 | 1312 Park Ave | 2BR,1BA | $0.80 |
| 2202 Brooklyn Ave, Unit Apt C | 2202 Brooklyn Ave | 2BR,1BA | $0.87 |
| The Harrison | The Anderson | 2BR,2BA | $1.51 |
| Autumn Creek Apartment Homes | 1B1B - UPG | 1BR,1BA | $1.29 |
| Foster Park Apartments | 1 Bed Classic | 1BR,1BA | $1.16 |
| Black Pine Flats | 1 Bedroom Upgrd 504 | 1BR,1BA | $1.64 |
| Jackson Manor Apartments | One Bedroom | 1BR,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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Best Local Schools in Illsley Place, Fort Wayne, IN
South Wayne Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Illsley Place Apartments
What is a cheap apartment in Illsley Place?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Illsley Place is under $995.
What is the price of a cheap apartment in Illsley Place?
The cheapest apartment in Illsley Place is Jackson Manor Apartments which is listed at $765, while the average apartment in Illsley Place costs $10,226.
What types of apartments are the cheapest in Illsley Place?
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 38 regular apartments in Illsley Place 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 Illsley Place?
Cheap apartments in Illsley Place have an average cost of $531 which is $9,695 cheaper than the average rent for all rentals in Illsley Place.
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

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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.