
Cheap Apartments for Rent in the Illsley Place Neighborhood of Fort Wayne, IN from $400 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the Illsley Place area of Fort Wayne.


716 Baxter St

907 Lincoln Ave

River Pointe Townhomes

1510 Taylor St

Jackson Manor Apartments

938 Lincoln Ave

824 Huestis Ave

Black Pine Flats

Total Monthly Price
2441 Sandpoint Rd, Unit Apartment 1
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.

1341 Fay Dr

Sheridan Court Apartments

3113 S Harrison St

1512 Taylor St

227 W Williams St

812 Walnut St

Total Monthly Price
238 E Suttenfield St, Unit 238 E Suttenfield St

2020 Broadway

1236 Scott Ave

1829 Broadway
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 219

Graystone Landing

810 Huestis Ave

3008 Hoagland Ave

Coventry Court Townhomes

1520 E Berry St, Unit 224

915 Lincoln Ave

Autumn Creek Apartment Homes

901 Cottage Ave

439 E Wayne St
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.

Regency House Apartments

Meeting House At St. Peter

Randall Lofts

Garrison Flats

530 W Berry St

Fairfield Gardens

Renaissance Pointe

Indian Village Manor

Worthington Manor Apartments

Fulton Manor - 922 Fulton (Flats)
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.

Woodhaven Oaks

201 E Woodland Ave

Wildwood Place

4428 Gaywood Dr

2212 Nuttman Ave

1807 Hale Ave

2220 Nuttman Ave

Rockhill Manor

1235 Huestis Ave

1315 Huestis Ave
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 | $1,209 | $1,075 | $1,401 |
| Illsley Place 1 Bedroom Apartments | $1,461 | $675 | $2,002 |
| Illsley Place 2 Bedroom Apartments | $1,911 | $650 | $2,802 |
| Illsley Place 3 Bedroom Apartments | $1,986 | $900 | $5,672 |
| Illsley Place 4 Bedroom Apartments | $1,249 | $1,249 | $1,249 |
Browse Apartments in this Neighborhood
There are currently 65 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 $725. Jackson Manor Apartments 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 | Spacious 1 Bedroom Flat | 1BR,1BA | $725 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
| Black Pine Flats | 1 bedroom classic 504 | 1BR,1BA | $799 |
| Graystone Landing | 1 bedroom/1 bathroom | 1BR,1BA | $900 |
| 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 | $1,075 |
Best Value Apartments for Rent in Illsley Place, IN
As of July 22, 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 |
| 238 E Suttenfield St, Unit 238 E Suttenfield St | 238 E Suttenfield St | 2BR,1BA | $0.81 |
| 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 | $1.76 |
| River Pointe Townhomes | Spacious 1 Bedroom Flat | 1BR,1BA | $1.22 |
| Graystone Landing | 1 bedroom/1 bathroom | 1BR,1BA | $1.64 |
| Black Pine Flats | 1 Bedroom P.C Reno | 1BR,1BA | $1.82 |
| Jackson Manor Apartments | One Bedroom | 1BR,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.
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 $1,075.
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 $725, while the average apartment in Illsley Place costs $10,984.
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 26 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 $384 which is $10,600 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.

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.

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.

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.