
Cheap Apartments for Rent in the Lake Forest Neighborhood of Fort Wayne, IN from $300 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Fort Wayne.


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Rent According to Income: A Look at Income-Restricted Rentals
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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 | $872 | $700 | $1,040 |
| Lake Forest 1 Bedroom Apartments | $927 | $660 | $1,300 |
| Lake Forest 2 Bedroom Apartments | $1,364 | $675 | $1,725 |
| Lake Forest 3 Bedroom Apartments | $1,987 | $1,295 | $2,125 |
| Lake Forest 4 Bedroom Apartments | $610 | $585 | $635 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Fort Wayne, IN.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodview Manor Apartments | Picasso | 1BR,1BA | $1,050 |
| Black Hawk Apartments | Autumn with W/D Connection | 1BR,1BA | $1,120 |
| Windsor Oaks | The Hickory | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Morada at Maysville | 2 Bed 2 Bath | 2BR,2BA | $0.87 |
| Z Place Village Townhomes | Z Place Village | 3BR,2.5BA | $1.27 |
| Windsor Oaks | The Hickory | 2BR,1BA | $1.28 |
| St Joe Place | 2x2 | 2BR,2BA | $0.80 |
| Gateway Apartments | 1X1 | 1BR,1BA | $2.07 |
| Black Hawk Apartments | Autumn with W/D Connection | 1BR,1BA | $1.87 |
| 5014 old maysville road | 5014 old maysville road | 1BR,1BA | $1.20 |
| Woodview Manor Apartments | Picasso | 1BR,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

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.

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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.