Cheap Homes for Rent in Memorial Park Neighborhood of Fort Wayne, IN from $500 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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. River Pointe Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. 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
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$699
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$735

Best Value Apartments for Rent in Memorial Park, IN

As of June 12, 2025 the best value apartment in the Memorial Park area is the $0.96 price per square foot 1118 Columbia Ave, Unit #2 (upstairs apartment) Model at 1118 Columbia Ave, Unit #2 (upstairs apartment), Unit Apartment 2 in the in the West Central Fort Wayne neighborhood starting from $1,150. The second greatest value Memorial Park apartment is the Wayne Model at Superior Lofts starting at $1,650 with a $1.44 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.
1118 Columbia Ave, Unit #2 (upstairs apartment), Unit Apartment 21118 Columbia Ave, Unit #2 (upstairs apartment)2BR,1BA$0.96
Superior LoftsWayne2BR,2BA$1.44
Centlivre NickelplateCooper 52BR,2BA$1.53
Black Bear Creek ApartmentsThe Kodiak2BR,1BA$1.12
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$1.18
Stratford Place ApartmentsFind Your Perfect Space at Stratford Place — Fo...1BR,1BA$1.29
Brentwood Park ApartmentsFrancisco1BR,1BA$1.43
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$1.18
The Riv on the Greenway!1BR/1.0BA1BR,1BA$1.55
The Huntington1 Bed, 1 bath1BR,1BA$1.28

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Memorial Park

What type of rentals are currently available in Memorial Park?

There are currently 103 Apartments for Rent in Memorial Park, IN with pricing that ranges from $599 to $4,863. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memorial Park ranging from $550 to $1,875.

What is the current price range for Rental Homes in Memorial Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Memorial Park ranges from $550 to $1,875 with an average monthly rent of $1,069.

How much are larger Three and Four Bedroom Rentals in Memorial Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Memorial Park range from $845 to $4,863, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,875. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,199.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.