Cheap Apartments for Rent in the Memorial Park Neighborhood of Fort Wayne, IN from $400 (62 Rentals)

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

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5014 old maysville road
$575
Total Monthly Price

Total Monthly Price

Base Rent
$575
Total Monthly Price
$575
1 Bedroom Apartment Available Now

5014 old maysville road

5014 old maysville roadFort Wayne, IN 46815
Affordability
property at 1823 Griswold Dr

$875 - $995

1 To 2 Bedroom Rentals

Available Now

1823 Griswold Dr

Fort WayneIN46805

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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Meeting House At St. Peter
1 to 2 Bedroom Apartments

Meeting House At St. Peter

611 E Dewald StFort Wayne, IN 46803
Senior Living
  • Utilities Included
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Randall Lofts
1 to 2 Bedroom Apartments

Randall Lofts

616 S Harrison StFort Wayne, IN 46802
  • Utilities Included
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Chase Manor Apartments
1 to 2 Bedroom Apartments

Chase Manor Apartments

641-649 Tennessee AveFort Wayne, IN 46805
  • Utilities Included
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Renaissance Pointe
3 to 4 Bedroom Apartments

Renaissance Pointe

2430-2440 Bowser AveFort Wayne, IN 46803
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Baldwin Creek
2 to 4 Bedroom Apartments

Baldwin Creek

2020 Hobson RdFort Wayne, IN 46805
  • 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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Villages of Hanna
1 to 3 Bedroom Apartments

Villages of Hanna

2201 Reed StFort Wayne, IN 46803
  • Utilities Included

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.

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The Landing
Studio to 2 Bedroom Apartments

The Landing

118 W Columbia StFort Wayne, IN 46802
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Memorial Park, Fort Wayne, IN Local Guide

Cheapest Available Memorial Park Apartments for Rent

 

The cheapest available apartment rental in the Memorial Park area of Fort Wayne, IN is a 1 Bed unit found at The Huntington priced from $665. The Riv on the Greenway! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Memorial Park apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The Huntington1 Bed, 1 bath1BR,1BA$665
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
Brentwood Park ApartmentsModesto1BR,1BA$875
Black Bear Creek ApartmentsThe Atlas1BR,1BA$885
Three Rivers Apartmentss01b Rodeo DriveStudio,1BA$899
Graystone LandingWest End 1 bed/1 bath1BR,1BA$950
CityScape FlatsHamilton - StudioStudio,1BA$1,235
Skyline Tower0/1Studio,1BA$1,269

Best Value Apartments for Rent in Memorial Park, IN

As of April 28, 2026 the best value apartment in the Memorial Park area is the $1.22 price per square foot 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes in the in the Southeast Fort Wayne neighborhood starting from $1,622. The second greatest value Memorial Park apartment is the Superior Model at Superior Lofts starting at $1,850 with a $1.61 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Memorial Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.22
Superior LoftsSuperior2BR,2BA$1.61
711 Edgewater Ave, Unit apt 1711 Edgewater Ave2BR,1BA$1.15
Centlivre The CharlesVesey 51BR,1BA$1.63
Black Bear Creek ApartmentsThe Atlas1BR,1BA$1.24
Brentwood Park ApartmentsModesto1BR,1BA$1.25
The Riv on the Greenway!2BR/1.0BA2BR,1BA$1.55
5014 old maysville road5014 old maysville road1BR,1BA$0.96
Three Rivers Apartmentss01b Rodeo DriveStudio ,1BA$1.68
The Huntington1 Bed, 1 bath1BR,1BA$1.28

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
Memorial Park, Fort Wayne, IN

Ranked #67

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Memorial Park, Fort Wayne, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Memorial Park, Fort Wayne, and the greater Fort Wayne area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, pet-friendly features, family-friendliness, proximity to transit, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Memorial Park Apartments

What is a cheap apartment in Memorial Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Memorial Park is under $1,269.

What is the price of a cheap apartment in Memorial Park?

The cheapest apartment in Memorial Park is The Huntington which is listed at $665, while the average apartment in Memorial Park costs $2,935.

What types of apartments are the cheapest in Memorial Park?

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 3 regular apartments in Memorial Park 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 Memorial Park?

Cheap apartments in Memorial Park have an average cost of $137 which is $2,798 cheaper than the average rent for all rentals in Memorial Park.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.