Cheap Homes for Rent in the Memorial Park Neighborhood of Fort Wayne, IN from $600 (23 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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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
Three Rivers Apartmentss01b Rodeo DriveStudio,1BA$899
Graystone Landing1 bedroom/1 bathroom1BR,1BA$900

Best Value Apartments for Rent in Memorial Park, IN

As of July 15, 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 Acadia Model at Centlivre starting at $1,678 with a $1.59 price per square foot in the Northwest 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
CentlivreAcadia2BR,2BA$1.59
The HarrisonThe Anderson2BR,2BA$1.51
Black Bear Creek ApartmentsThe Kodiak2BR,1BA$1.12
Superior LoftsBerne1BR,1BA$1.65
The Riv on the Greenway!2BR/1.0BA2BR,1BA$1.55
5014 old maysville road5014 old maysville road1BR,1BA$1.20
River Pointe TownhomesSpacious 1 Bedroom Flat1BR,1BA$1.22
Graystone Landing1 bedroom/1 bathroom1BR,1BA$1.64
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 #98

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

Pet Friendliness Lifestyle Score

3.0
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 88 Apartments for Rent in Memorial Park, IN with pricing that ranges from $655 to $4,963. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Memorial Park ranging from $675 to $3,000.

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 $675 to $3,000 with an average monthly rent of $1,247.

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 $899 to $3,000. 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.