Cheap Apartments for Rent in the Lake Forest Neighborhood of Fort Wayne, IN from $300 (8 Rentals)

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

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Newburyport
1 to 3 Bedroom Apartments

Newburyport

1701 Reed RdFort Wayne, IN 46815
  • Utilities Included

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.

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Georgetown Apartments
1 to 2 Bedroom Apartments

Georgetown Apartments

6426 Georgetown LnFort Wayne, IN 46815
Senior Living
  • Utilities Included
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Baldwin Creek
2 to 4 Bedroom Apartments

Baldwin Creek

2020 Hobson RdFort Wayne, IN 46805
  • Utilities Included

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.

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 Woodview Manor Apartments priced from $1,050. Black Hawk Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here are the most affordable Lake Forest apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Woodview Manor ApartmentsPicasso1BR,1BA$1,050
Black Hawk ApartmentsAutumn with W/D Connection1BR,1BA$1,120
Windsor OaksThe Hickory2BR,1BA$1,340

Best Value Apartments for Rent in Lake Forest, IN

As of July 22, 2026 the best value apartment in the Lake Forest area is the $0.87 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,834. The second greatest value Lake Forest apartment is the Z Place Village Model at Z Place Village Townhomes starting at $1,999 with a $1.27 price per square foot in the New Haven neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.87
Z Place Village TownhomesZ Place Village3BR,2.5BA$1.27
Windsor OaksThe Hickory2BR,1BA$1.28
St Joe Place2x22BR,2BA$0.80
Gateway Apartments1X11BR,1BA$2.07
Black Hawk ApartmentsAutumn with W/D Connection1BR,1BA$1.87
5014 old maysville road5014 old maysville road1BR,1BA$1.20
Woodview Manor ApartmentsPicasso1BR,1BA$1.81

Frequently Asked Questions about Cheap Lake Forest Apartments

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 2 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 $411 which is $1,714 cheaper than the average rent for all rentals in Lake Forest.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.