
Cheap Apartments for Rent in the LaRez Neighborhood of Fort Wayne, IN from $400 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in the LaRez area of Fort Wayne.


2216 S Harrison St

2014 Cortland Ave

612 Walnut St

2239 New Haven Ave

1434 St Joseph Blvd

1115 High St

River Pointe Townhomes

820 Walnut St

The Elex
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1014 Huffman St

2329 S Harrison St

2611 Warsaw St

520 Riverside Ave

1814 St Joseph Blvd

1209 St Marys Ave

1815 Bayer Ave

Jackson Manor Apartments

1022 Huffman St

1211 W Packard Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1125 Wilt St

2639 Indiana Ave

1521 Taylor St

Three Rivers Apartments

231 W Dewald St

1201 High St

1312 Park Ave, Unit #2

Sheridan Court

The Riv on the Greenway!

1823 Griswold Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

3407 Fairfield Ave

3235 S Harrison St

1637 Howell St

1126 Nelson St

1728 High St

3008 Hoagland Ave

Graystone Landing

1114 Rockhill St

1829 Broadway

1520 E Berry St
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.

907 Lincoln Ave

1211 Fulton St

826 Nuttman Ave

2921 Broadway

603 Huffman St, Unit 603 Huffman

CityScape Flats

317-319 W Masterson Ave

1520 E Berry St

439 E Wayne St

Regency House Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
LaRez, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in LaRez?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| LaRez Studio Apartments | $917 | $565 | $1,329 |
| LaRez 1 Bedroom Apartments | $1,238 | $615 | $2,355 |
| LaRez 2 Bedroom Apartments | $1,524 | $695 | $2,784 |
| LaRez 3 Bedroom Apartments | $2,258 | $849 | $4,963 |
| LaRez 4 Bedroom Apartments | $1,792 | $1,099 | $2,374 |
Browse Apartments in this Neighborhood
There are currently 68 rentals with your search options within a 2 mile radius of the LaRez Neighborhood of Fort Wayne, IN.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fulton Manor | 0BR/1.0BA | Studio,1BA | $635 |
| The Elex | The Rose | 1BR,1BA | $704 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
| Three Rivers Apartments | s01a - Saint Ive | Studio,1BA | $799 |
| Sheridan Court | 1BR/1.0BA | 1BR,1BA | $835 |
| The Riv on the Greenway! | 1BR/1.0BA | 1BR,1BA | $845 |
| CityScape Flats | Hamilton - Studio | Studio,1BA | $1,149 |
| Superior Lofts | Charles | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 701 runnion ave, Unit 703 Runnion | 701 runnion ave | 3BR,1.5BA | $0.78 |
| 1312 Park Ave, Unit #2 | 1312 Park Ave | 2BR,1BA | $0.76 |
| The Harrison | The Anderson | 2BR,2BA | $1.51 |
| Skyline Tower | 2/2 | 2BR,2BA | $1.79 |
| Superior Lofts | Charles | 1BR,1BA | $1.69 |
| Sheridan Court | 1BR/1.0BA | 1BR,1BA | $1.16 |
| CityScape Flats | Hamilton - Studio | Studio ,1BA | $1.71 |
| The Riv on the Greenway! | 1BR/1.0BA | 1BR,1BA | $1.55 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $1.60 |
| Fulton Manor | 0BR/1.0BA | Studio ,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

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.

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.

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.

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.