
Cheap Apartments for Rent in the Lake Forest Neighborhood of Fort Wayne, IN from $300 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Fort Wayne.

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.
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.

Port O'Call Apartments
Lake Forest, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Lake Forest?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Forest Studio Apartments | $868 | $835 | $915 |
Lake Forest 1 Bedroom Apartments | $947 | $610 | $1,280 |
Lake Forest 2 Bedroom Apartments | $1,247 | $640 | $2,034 |
Lake Forest 3 Bedroom Apartments | $1,472 | $1,253 | $1,750 |
Lake Forest 4 Bedroom Apartments | $600 | $600 | $600 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Fort Wayne, IN.
See all Apartments in Fort WayneExplore Fort Wayne
Lake Forest, Fort Wayne, IN Local Guide
- Nearby Fort Wayne neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in the Lake Forest area of Fort Wayne, IN is a 1 Bed unit found at Graystone Apartments priced from $790. Blackhawk Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here are the most affordable Lake Forest apartments for rent in Fort Wayne, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Graystone Apartments | Graystone Apartments 1bed studio | 1BR,1BA | $790 |
Blackhawk Apartments | Autumn | 1BR,1BA | $840 |
Brentwood Park Apartments | Francisco | 1BR,1BA | $850 |
Best Value Apartments for Rent in Lake Forest, IN
As of October 14, 2025 the best value apartment in the Lake Forest area is the $1.12 price per square foot 7819 Model at 7819 Stellhorn Rd in the in the Northeast Fort Wayne neighborhood starting from $1,450. The second greatest value Lake Forest apartment is the 2x1 Model at Gateway Apartments starting at $1,550 with a $1.55 price per square foot in the Pine View Farms neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
7819 Stellhorn Rd | 7819 | 2BR,2BA | $1.12 |
Gateway Apartments | 2x1 | 2BR,1BA | $1.55 |
Windsor Oaks | The Cedar | 1BR,1BA | $1.26 |
St Joe Place | 2x2 | 2BR,2BA | $0.80 |
Black Bear Creek Apartments | The Atlas | 1BR,1BA | $1.24 |
Blackhawk Apartments | Chestnut | 1BR,1BA | $1.53 |
Brentwood Park Apartments | Francisco | 1BR,1BA | $1.43 |
Woodview Manor Apartments | Picasso | 1BR,1BA | $1.81 |
Graystone Apartments | Graystone Apartments 1bed studio | 1BR,1BA | $2.19 |
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.
Pet Friendly LifestyleLake Forest, Fort Wayne, IN
Ranked #75
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Lake Forest Neighborhood in Fort Wayne, IN
Walk Score®
70 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Forest Apartments
What is the price of a cheap apartment in Lake Forest?
The cheapest apartment in Lake Forest is Graystone Apartments which is listed at $790, while the average apartment in Lake Forest costs $1,463.
What types of apartments are the cheapest in Lake Forest?
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 7 regular apartments in Lake Forest 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 Lake Forest?
Cheap apartments in Lake Forest have an average cost of $365 which is $1,098 cheaper than the average rent for all rentals in Lake Forest.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.