
Cheap Apartments for Rent in the Illsley Place Neighborhood of Fort Wayne, IN from $425 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Illsley Place area of Fort Wayne.


623 W Washington Blvd

429 Perry Ave

610 W Creighton Ave

938 Lincoln Ave

River Pointe Townhomes

812 Huestis Ave

2329 S Harrison St

1341 Fay Dr

Black Pine Flats
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.

3113 S Harrison St

236 E Dewald St

Sheridan Court Apartments

1312 Union St

1928 Lafayette St

227 W Williams St

812 Walnut St

1520 E Berry St, Unit 219

1315 Wall St

Coventry Court Townhomes
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.

1520 E Berry St, Unit 224

Graystone Landing

Autumn Creek Apartment Homes

901 Cottage Ave

Total Monthly Price
815 W Wayne St, Unit 815 W. Wayne

Total Monthly Price
817 W Wayne St, Unit 817 W Wayne- 1

439 E Wayne St

Regency House Apartments

Meeting House At St. Peter

Randall Lofts
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.

Garrison Flats

530 W Berry St

Fairfield Gardens

Renaissance Pointe

Indian Village Manor

Worthington Manor Apartments

Fulton Manor - 922 Fulton (Flats)

Woodhaven Oaks

201 E Woodland Ave

1930 Lafayette St
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.

1918 Riedmiller Ave

Wildwood Place

2212 Nuttman Ave

2220 Nuttman Ave

Jackson Manor Apartments

Rockhill Manor

601 W Wayne St

Stephanie Villas

4502 Gaywood Dr

Villages of Hanna
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.
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 | $1,099 | $600 | $1,351 |
| Illsley Place 1 Bedroom Apartments | $1,432 | $650 | $2,002 |
| Illsley Place 2 Bedroom Apartments | $1,905 | $650 | $2,802 |
| Illsley Place 3 Bedroom Apartments | $2,108 | $999 | $3,905 |
Browse Apartments in this Neighborhood
There are currently 66 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 River Pointe Townhomes priced from $750. Rockhill Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Illsley Place apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Pointe Townhomes | 1 Flat | 1BR,1BA | $750 |
| Rockhill Manor | 1BR/1.0BA | 1BR,1BA | $765 |
| 601 W Wayne St | 1BR/1.0BA | 1BR,1BA | $799 |
| Black Pine Flats | 1 bedroom classic 504 | 1BR,1BA | $799 |
| Coventry Court Townhomes | CCT 2 BR/1 BA Townhome | 2BR,1BA | $949 |
| Autumn Creek Apartment Homes | 2B1.5B-STD | 2BR,1BA | $959 |
| The Elex | The Pen-El | 1BR,1BA | $1,002 |
| St Joseph Apartments | 0BR/1.0BA | Studio,1BA | $1,055 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1BA | $1,150 |
Best Value Apartments for Rent in Illsley Place, IN
As of September 06, 2026 the best value apartment in the Illsley Place area is the $0.84 price per square foot CLA 3BR/2.5BA Townhome Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,379. The second greatest value Illsley Place apartment is the 701 runnion ave Model at 701 runnion ave, Unit 703 Runnion starting at $1,250 with a $0.78 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. |
|---|---|---|---|
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome | 3BR,2.5BA | $0.84 |
| 701 runnion ave, Unit 703 Runnion | 701 runnion ave | 3BR,1.5BA | $0.78 |
| Cityscape Flats | 2 Bed 2 Bath The Foster (2B2B1133) | 2BR,2BA | $1.65 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1.5BA | $1.05 |
| Autumn Creek Apartment Homes | 2B2B-HYB | 2BR,2BA | $1.10 |
| Skyline Tower | 2/2 | 2BR,2BA | $1.84 |
| 817 W Wayne St, Unit 817 W Wayne- Unit 1 | 817 W Wayne St | 1BR,1BA | $1.18 |
| River Pointe Townhomes | 1 Flat | 1BR,1BA | $1.27 |
| Black Pine Flats | 1 Bedroom Upgrd 504 | 1BR,1BA | $1.64 |
| Rockhill Manor | 1BR/1.0BA | 1BR,1BA | $1.53 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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 $1,150.
What is the price of a cheap apartment in Illsley Place?
The cheapest apartment in Illsley Place is River Pointe Townhomes which is listed at $750, while the average apartment in Illsley Place costs $1,614.
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 19 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 $234 which is $1,380 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.