Cheap Apartments for Rent in the Maplewood Terrace Downs Neighborhood of Fort Wayne, IN from $300 (9 Rentals)

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

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.

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Newburyport
1 to 3 Bedroom Apartments

Newburyport

1701 Reed RdFort Wayne, IN 46815
  • Utilities Included
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Georgetown Apartments
1 to 2 Bedroom Apartments

Georgetown Apartments

6426 Georgetown LnFort Wayne, IN 46815
Senior Living
  • Utilities Included

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.

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Baldwin Creek
2 to 4 Bedroom Apartments

Baldwin Creek

2020 Hobson RdFort Wayne, IN 46805
  • Utilities Included

Maplewood Terrace Downs, Fort Wayne, IN Local Guide

Cheapest Available Maplewood Terrace Downs Apartments for Rent

 

The cheapest available apartment rental in the Maplewood Terrace Downs area of Fort Wayne, IN is a Studio unit found at Montrose Square priced from $689. Shoaff Park Villas has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Maplewood Terrace Downs apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Montrose SquareSA 288Studio,1BA$689
Shoaff Park VillasStudio, 1 bathStudio,1BA$695
Fountain Lake Apartment HomesRoselleStudio,1BA$735

Best Value Apartments for Rent in Maplewood Terrace Downs, IN

As of November 01, 2025 the best value apartment in the Maplewood Terrace Downs area is the $1.45 price per square foot Forestwood Model at Redwood Fort Wayne Maplecrest Road in the in the Northeast Fort Wayne neighborhood starting from $1,872. The second greatest value Maplewood Terrace Downs apartment is the 2 Bedroom 2 Bath Model at Evard Place - Solar Powered starting at $1,600 with a $1.33 price per square foot in the Northeast Fort Wayne neighborhood. Here is today’s list of the best values for Maplewood Terrace Downs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Fort Wayne Maplecrest RoadForestwood2BR,2BA$1.45
Evard Place - Solar Powered2 Bedroom 2 Bath2BR,2BA$1.33
Gateway Apartments2x12BR,1BA$1.55
The Grand at Shoaff ParkB2P2BR,2BA$1.34
Windsor OaksThe Cedar1BR,1BA$1.26
St Joe Place2x22BR,2BA$0.80
Black Bear Creek ApartmentsThe Atlas1BR,1BA$1.24
Blackhawk ApartmentsChestnut1BR,1BA$1.53
Wood Creek ApartmentsThe Willow1BR,1BA$1.46
Brentwood Park ApartmentsFrancisco1BR,1BA$1.43

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Maplewood Terrace Downs, Fort Wayne, IN

Ranked #64

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Maplewood Terrace Downs Neighborhood in Fort Wayne, IN

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Maplewood Terrace Downs Apartments

What is a cheap apartment in Maplewood Terrace Downs?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Maplewood Terrace Downs is under $1,150.

What is the price of a cheap apartment in Maplewood Terrace Downs?

The cheapest apartment in Maplewood Terrace Downs is Graystone Apartments which is listed at $790, while the average apartment in Maplewood Terrace Downs costs $1,590.

What types of apartments are the cheapest in Maplewood Terrace Downs?

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 17 regular apartments in Maplewood Terrace Downs 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 Maplewood Terrace Downs?

Cheap apartments in Maplewood Terrace Downs have an average cost of $303 which is $1,287 cheaper than the average rent for all rentals in Maplewood Terrace Downs.

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.