Cheap Apartments for Rent in the LaRez Neighborhood of Fort Wayne, IN from $400 (68 Rentals)

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

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property at 1823 Griswold Dr

$845 - $995

1 To 2 Bedroom Rentals

Available Now

1823 Griswold Dr

Fort WayneIN46805

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property at 1829 Broadway

$900 - $1,150

1 To 3 Bedroom Rentals

Available Now

1829 Broadway

Fort WayneIN46802

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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439 E Wayne St
Studio to 1 Bedroom Apartments

439 E Wayne St

439 E Wayne StFort Wayne, IN 46802
Student Housing
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Regency House Apartments
Studio to 2 Bedroom Apartments

Regency House Apartments

2440 Fairfield AveFort Wayne, IN 46807
  • Utilities Included

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Cheapest Available LaRez Apartments for Rent

 

The cheapest available apartment rental in the LaRez area of Fort Wayne, IN is a Studio unit found at Fulton Manor priced from $635. The Elex has the second lowest priced unit, which is a 1 Bed apartment currently listed from $704. Here are the most affordable LaRez apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Fulton Manor0BR/1.0BAStudio,1BA$635
The ElexThe Rose1BR,1BA$704
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
Sheridan Court1BR/1.0BA1BR,1BA$835
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
CityScape FlatsHamilton - StudioStudio,1BA$1,149
Superior LoftsCharles1BR,1BA$1,300

Best Value Apartments for Rent in LaRez, IN

As of January 22, 2026 the best value apartment in the LaRez area is the $0.78 price per square foot 701 runnion ave Model at 701 runnion ave, Unit 703 Runnion in the in the Southwest Fort Wayne neighborhood starting from $1,250. The second greatest value LaRez apartment is the 1312 Park Ave Model at 1312 Park Ave, Unit #2 starting at $830 with a $0.76 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for LaRez apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
701 runnion ave, Unit 703 Runnion701 runnion ave3BR,1.5BA$0.78
1312 Park Ave, Unit #21312 Park Ave2BR,1BA$0.76
The HarrisonThe Anderson2BR,2BA$1.51
Skyline Tower2/22BR,2BA$1.79
Superior LoftsCharles1BR,1BA$1.69
Sheridan Court1BR/1.0BA1BR,1BA$1.16
CityScape FlatsHamilton - StudioStudio ,1BA$1.71
The Riv on the Greenway!1BR/1.0BA1BR,1BA$1.55
Jackson Manor ApartmentsOne Bedroom1BR,1BA$1.60
Fulton Manor0BR/1.0BAStudio ,1BA$1.59

Frequently Asked Questions about Cheap LaRez Apartments

What is a cheap apartment in LaRez?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in LaRez is under $1,300.

What is the price of a cheap apartment in LaRez?

The cheapest apartment in LaRez is The Elex which is listed at $704, while the average apartment in LaRez costs $1,912.

What types of apartments are the cheapest in LaRez?

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 LaRez 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 LaRez?

Cheap apartments in LaRez have an average cost of $152 which is $1,760 cheaper than the average rent for all rentals in LaRez.

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.