Cheap Apartments for Rent in the Michigan Avenue Neighborhood of Fort Wayne, IN from $400 (64 Rentals)

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

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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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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property at 1823 Griswold Dr

1823 Griswold Dr

Fort WayneIN46805

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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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.

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property at 101 Three Rivers N

101 Three Rivers N

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
Student Housing
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Regency House Apartments
Studio to 2 Bedroom Apartments

Regency House Apartments

2440 Fairfield AveFort Wayne, IN 46807
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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
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Randall Lofts
1 to 2 Bedroom Apartments

Randall Lofts

616 S Harrison StFort Wayne, IN 46802
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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.

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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 1 Bed unit found at River Pointe Townhomes priced from $699. Jackson Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Michigan Avenue apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$699
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
Sheridan Court1BR/1.0BA1BR,1BA$835
The Riv on the Greenway!1BR/1.0BA1BR,1BA$845
Autumn Creek Apartment Homes2B2B-UPG2BR,2BA$979
CityScape FlatsGriswold & Anthony 1 Bedroom 1 Bath1BR,1BA$1,199

Best Value Apartments for Rent in Michigan Avenue, IN

As of November 03, 2025 the best value apartment in the Michigan Avenue area is the $1.19 price per square foot 1632 N Wells St Model at 1632 N Wells St, Unit Upper in the in the Southwest Fort Wayne neighborhood starting from $1,550. The second greatest value Michigan Avenue apartment is the 1312 Park Ave Model at 1312 Park Ave, Unit #2 starting at $850 with a $0.77 price per square foot in the Southwest 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.
1632 N Wells St, Unit Upper1632 N Wells St2BR,2BA$1.19
1312 Park Ave, Unit #21312 Park Ave2BR,1BA$0.77
Woodhaven OaksSt. Joseph2BR,1.5BA$1.23
1909 Bequette St, Unit 3 detached1909 Bequette St1BR,1.5BA$1.47
605 Huffman St, Unit 605 Huffman605 Huffman St2BR,1BA$1.19
Autumn Creek Apartment Homes1B1B HYB1BR,1BA$1.29
Sheridan Court1BR/1.0BA1BR,1BA$1.27
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$1.18
The Riv on the Greenway!1BR/1.0BA1BR,1BA$1.55
623 W Washington Blvd, Unit Downtown Studio 500623 W Washington BlvdStudio ,1BA$1.00

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #150

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
Michigan Avenue, Fort Wayne, IN

School data provided by Great Schools

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Michigan Avenue Apartments

What is a cheap apartment in Michigan Avenue?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Michigan Avenue is under $1,199.

What is the price of a cheap apartment in Michigan Avenue?

The cheapest apartment in Michigan Avenue is River Pointe Townhomes which is listed at $699, while the average apartment in Michigan Avenue costs $1,849.

What types of apartments are the cheapest in Michigan Avenue?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Michigan Avenue that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Michigan Avenue?

Cheap apartments in Michigan Avenue have an average cost of $147 which is $1,702 cheaper than the average rent for all rentals in Michigan Avenue.

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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.