Cheap Apartments for Rent in the Lake Forest Neighborhood of Fort Wayne, IN from $300 (20 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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Blackhawk Apartments
1 to 3 Bedroom Apartments

Blackhawk Apartments

3010 Simcoe DrFort Wayne, IN 46815
Corporate Housing
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Morada at Maysville
2 Bedroom Apartments

Morada at Maysville

9607 Leisure WayFort Wayne, IN 46815
Senior Living
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Newburyport
1 to 3 Bedroom Apartments

Newburyport

1701 Reed RdFort Wayne, IN 46815
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Baldwin Creek
2 to 4 Bedroom Apartments

Baldwin Creek

2020 Hobson RdFort Wayne, IN 46805
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7819 Stellhorn Rd
2 Bedroom Apartments

7819 Stellhorn Rd

7807-7823 Stellhorn RdFort Wayne, IN 46815
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Georgetown Apartments
1 to 2 Bedroom Apartments

Georgetown Apartments

6426 Georgetown LnFort Wayne, IN 46815
Senior Living
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Arbor Glen
Studio to 2 Bedroom Apartments

Arbor Glen

5202 Saint Joe RdFort Wayne, IN 46835
Senior Living
  • Utilities Included

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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. 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 ListingModel NameBed/BathPriced From
Graystone ApartmentsGraystone Apartments 1bed studio1BR,1BA$790
Blackhawk ApartmentsAutumn1BR,1BA$840
Brentwood Park ApartmentsDiego1BR,1BA$850
Black Bear Creek ApartmentsThe Atlas1BR,1BA$885
Port O'Call ApartmentsVilla2BR,1BA$1,045

Best Value Apartments for Rent in Lake Forest, IN

As of January 13, 2026 the best value apartment in the Lake Forest area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Lake Forest apartment is the 504 Broadway St Model at 504 Broadway St, Unit B starting at $1,475 with a $1.13 price per square foot in the Outer Central Southside 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$0.85
504 Broadway St, Unit B504 Broadway St1BR,1.5BA$1.13
Redwood Fort Wayne Maplecrest RoadForestwood2BR,2BA$1.29
Windsor OaksThe Hickory2BR,1BA$1.28
Port O'Call ApartmentsVilla2BR,1.5BA$1.09
Woodview Manor ApartmentsMonet2BR,1BA$1.39
St Joe Place2x22BR,2BA$0.76
Black Bear Creek ApartmentsThe Atlas1BR,1BA$1.24
Blackhawk ApartmentsChestnut1BR,1BA$1.53
Brentwood Park ApartmentsDiego1BR,1BA$1.48

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 $1,730.

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 6 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 $250 which is $1,480 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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!