Cheap Homes for Rent in Memorial Park Neighborhood of Fort Wayne, IN from $700 (32 Rentals)

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

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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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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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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Showing Results 1-32, Page 1 of 1

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 $725. 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 TownhomesSpacious 1 Bedroom Flat1BR,1BA$725
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
Graystone LandingWest End 1 bed/1 bath1BR,1BA$875
Three Rivers Apartmentss01b Rodeo DriveStudio,1BA$899
Black Bear Creek ApartmentsThe Kodiak2BR,1BA$1,050
CityScape FlatsHamilton - StudioStudio,1BA$1,235
Skyline Tower0/1Studio,1BA$1,269
CentlivreVesey 11BR,1BA$1,323

Best Value Apartments for Rent in Memorial Park, IN

As of May 31, 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
Centlivre NickelplateCooper 52BR,2BA$1.48
The HarrisonThe Anderson2BR,2BA$1.51
Black Bear Creek ApartmentsThe Kodiak2BR,1BA$1.12
The Riv on the Greenway!2BR/1.0BA2BR,1BA$1.55
5014 old maysville road5014 old maysville road1BR,1BA$0.96
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$1.22
Graystone LandingWest End 1 bed/1 bath1BR,1BA$1.59
The Huntington1 Bed, 1 bath1BR,1BA$1.28

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 #95

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

Frequently Asked Questions about Memorial Park

What type of rentals are currently available in Memorial Park?

There are currently 90 Apartments for Rent in Memorial Park, IN with pricing that ranges from $450 to $4,963. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memorial Park ranging from $750 to $1,800.

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 $750 to $1,800 with an average monthly rent of $1,190.

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 $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,795. Four Bedroom Single-Family rentals are also available starting from $1,065 and Four Bedroom Apartments start at $1,249.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.