Cheap Homes for Rent in Memorial Park Neighborhood of Fort Wayne, IN from $700 (38 Rentals)

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

property at 1030 Lake Ave

$825

2 Bedroom Rentals

Available Now

1030 Lake Ave

Fort WayneIN46805

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.

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.

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.

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
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
Brentwood Park ApartmentsDiego1BR,1BA$850
Black Bear Creek ApartmentsThe Atlas1BR,1BA$885
Superior LoftsCharles1BR,1BA$1,300
CentlivreVesey 2 - ADA1BR,1BA$1,315
Centlivre StocklandsVesey 11BR,1BA$1,323
Centlivre NickelplateVesey 31BR,1BA$1,334

Best Value Apartments for Rent in Memorial Park, IN

As of January 13, 2026 the best value apartment in the Memorial Park area is the $1.18 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 $1,575. The second greatest value Memorial Park apartment is the The Anderson Model at The Harrison starting at $1,500 with a $1.51 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$1.18
The HarrisonThe Anderson2BR,2BA$1.51
Centlivre The CharlesVesey 51BR,1BA$1.63
Centlivre NickelplateVesey 31BR,1BA$1.68
Superior LoftsCharles1BR,1BA$1.69
Black Bear Creek ApartmentsThe Atlas1BR,1BA$1.24
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$1.18
Brentwood Park ApartmentsDiego1BR,1BA$1.48
The Riv on the Greenway!1BR/1.0BA1BR,1BA$1.55
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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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 #73

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Memorial Park

What type of rentals are currently available in Memorial Park?

There are currently 95 Apartments for Rent in Memorial Park, IN with pricing that ranges from $565 to $4,963. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memorial Park ranging from $750 to $2,295.

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 $2,295 with an average monthly rent of $1,288.

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 $2,125. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,099.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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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!