Cheap Apartments for Rent in the Michigan Avenue Neighborhood of Fort Wayne, IN from $400 (63 Rentals)

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

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.

property at 436 E Taber St

436 E Taber St

Fort WayneIN46803

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

property at 1312 Union St

1312 Union St

Fort WayneIN46802
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439 E Wayne St
Studio to 1 Bedroom Apartments

439 E Wayne St

439 E Wayne StFort Wayne, IN 46802
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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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Chase Manor Apartments
2 Bedroom Apartments

Chase Manor Apartments

641-649 Tennessee AveFort Wayne, IN 46805
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Michigan Avenue, Fort Wayne, IN Local Guide

Cheapest Available Michigan Avenue Apartments for Rent

 

The cheapest available apartment rental in the Michigan Avenue area of Fort Wayne, IN is a Studio unit found at Emerald Square Apartments & Villas priced from $525. River Pointe Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Michigan Avenue apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$525
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$699
Jackson Manor ApartmentsOne Bedroom1BR,1BA$715
Black Pine Flats1BR/1BA Classic1BR,1BA$750
Rockhill Manor1 Bed, 1 bath1BR,1BA$795
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
Woodhaven OaksKankakee1BR,1BA$925
Coventry Court TownhomesCLA 2BR/1BA2BR,1BA$999
CityScape FlatsThe HamiltonStudio,1BA$1,150

Best Value Apartments for Rent in Michigan Avenue, IN

As of June 01, 2025 the best value apartment in the Michigan Avenue area is the $0.93 price per square foot CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,450. The second greatest value Michigan Avenue apartment is the 1118 Columbia Ave, Unit #2 (upstairs apartment) Model at 1118 Columbia Ave, Unit #2 (upstairs apartment) starting at $1,200 with a $1.00 price per square foot in the West Central Fort Wayne neighborhood. Here is today’s list of the best values for Michigan Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
1118 Columbia Ave, Unit #2 (upstairs apartment)1118 Columbia Ave, Unit #2 (upstairs apartment)2BR,1BA$1.00
Superior LoftsWayne2BR,2BA$1.44
CentlivreAcadia2BR,2BA$1.60
Woodhaven OaksKankakee1BR,1BA$1.16
CityScape FlatsThe Griswold1BR,1BA$1.75
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$1.18
The Riv on the Greenway!1BR/1.0BA1BR,1BA$1.55
Rockhill Manor1 Bed, 1 bath1BR,1BA$1.59
Jackson Manor ApartmentsOne Bedroom1BR,1BA$1.57

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
Michigan Avenue, Fort Wayne, IN

Ranked #36

Among neighborhoods in Fort Wayne, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Michigan Avenue Neighborhood in Fort Wayne, IN

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Michigan Avenue Apartments

What is the Cheapest Studio apartment in Michigan Avenue?

Currently the most affordable Cheap Studio Apartment in Michigan Avenue is at Emerald Square Apartments & Villas listed at $525.

How much is rent for a Cheap One Bedroom Michigan Avenue Apartment?

The lowest price for a Cheap One Bedroom Michigan Avenue Apartment is $675 at Emerald Square Apartments & Villas.

What is the lowest price for a Cheap Two Bedroom Michigan Avenue Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Michigan Avenue is starting from $749 at River Pointe Townhomes.

What is the most affordable Michigan Avenue Three Bedroom Apartment?

The best deal on a cheap Michigan Avenue Three Bedroom Apartment rental is at River Pointe Townhomes and starts from $849.

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.

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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.

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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.

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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.

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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.