
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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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 | $950 | $610 | $1,285 |
Lake Forest 2 Bedroom Apartments | $1,339 | $640 | $2,378 |
Lake Forest 3 Bedroom Apartments | $1,424 | $1,253 | $1,715 |
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.
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Lake Forest, Fort Wayne, IN Local Guide
- Nearby Fort Wayne neighborhoods
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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 Graystone Apartments priced from $790. Brentwood Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. 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 |
Brentwood Park Apartments | Oakland | 1BR,1BA | $845 |
Black Bear Creek Apartments | The Atlas | 1BR,1BA | $885 |
Best Value Apartments for Rent in Lake Forest, IN
As of July 12, 2025 the best value apartment in the Lake Forest area is the $1.15 price per square foot 7819 Model at 7819 Stellhorn Rd in the in the Northeast Fort Wayne neighborhood starting from $1,500. The second greatest value Lake Forest apartment is the Forestwood Model at Redwood Fort Wayne Maplecrest Road starting at $1,786 with a $1.38 price per square foot in the Northeast Fort Wayne 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 | $1.15 |
Redwood Fort Wayne Maplecrest Road | Forestwood | 2BR,2BA | $1.38 |
Port O'Call Apartments | Manor | 3BR,2.5BA | $0.98 |
Windsor Oaks | The Hickory | 2BR,1BA | $1.28 |
Gateway Apartments | 2x1 | 2BR,1BA | $1.55 |
Blackhawk Apartments | Maple-Renovated | 2BR,1.5BA | $1.29 |
St Joe Place | 2x2 | 2BR,2BA | $0.80 |
Black Bear Creek Apartments | The Atlas | 1BR,1BA | $1.24 |
Brentwood Park Apartments | Francisco | 1BR,1BA | $1.43 |
Woodview Manor Apartments | Picasso | 1BR,1BA | $1.81 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Forest, Fort Wayne, IN
Ranked #75
Among neighborhoods in Fort Wayne, IN 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 $1,375.
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 $371 which is $1,004 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.