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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property at 1235 Huestis Ave

$825 - $925

1 To 2 Bedroom Rentals

Available Now

1235 Huestis Ave

Fort WayneIN46807

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

$845 - $995

1 To 2 Bedroom Rentals

Available Now

1823 Griswold Dr

Fort WayneIN46805
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908 Columbia Ave, Unit 1
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
1 Bedroom Apartment Available Now

908 Columbia Ave, Unit 1

908 Columbia AveFort Wayne, IN 46805
Affordability
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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 922 Pape Ave

$1,000 - $1,200

2 To 3 Bedroom Rentals

Available Now

922 Pape Ave

Fort WayneIN46808

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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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
  • Utilities Included
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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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Garrison Flats
Studio to 1 Bedroom Apartments

Garrison Flats

733 W Wayne StFort Wayne, IN 46802
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Chase Manor Apartments
1 to 2 Bedroom Apartments

Chase Manor Apartments

641-649 Tennessee AveFort Wayne, IN 46805
  • Utilities Included

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.

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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 Fulton Manor priced from $635. Woodhaven Oaks has the second lowest priced unit, which is a 2 Beds apartment currently listed from $729. Here are the most affordable Michigan Avenue apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Fulton Manor0BR/1.0BAStudio,1BA$635
Woodhaven OaksSalamoniee2BR,1BA$729
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
The Riv on the Greenway!1BR/1.0BA1BR,1BA$875
Autumn Creek Apartment Homes2B2B-UPG2BR,2BA$979
St Joe Apartments0BR/1.0BAStudio,1BA$995

Best Value Apartments for Rent in Michigan Avenue, IN

As of March 10, 2026 the best value apartment in the Michigan Avenue area is the $0.78 price per square foot 701 runnion ave Model at 701 runnion ave, Unit 703 Runnion in the in the Southwest Fort Wayne neighborhood starting from $1,250. The second greatest value Michigan Avenue apartment is the 603 Huffman St Model at 603 Huffman St, Unit 603 Huffman starting at $1,050 with a $0.88 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.
701 runnion ave, Unit 703 Runnion701 runnion ave3BR,1.5BA$0.78
603 Huffman St, Unit 603 Huffman603 Huffman St2BR,1BA$0.88
2190 Barr St, Unit 2190 Barr Street2190 Barr St3BR,1.5BA$1.30
Superior LoftsSuperior2BR,2BA$1.09
2202 Brooklyn Ave, Unit Apt C2202 Brooklyn Ave2BR,1BA$0.87
The HarrisonThe Anderson2BR,2BA$1.51
1327 Saint Marys Ave, Unit 1327 St.Marys Avenue1327 Saint Marys Ave2BR,1BA$1.24
Woodhaven OaksThe Fort1BR,1BA$0.98
Autumn Creek Apartment Homes1B1B HYB1BR,1BA$1.29
908 Columbia Ave, Unit 1908 Columbia Ave1BR,1BA$1.29

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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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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Best Local Schools in
Michigan Avenue, Fort Wayne, IN

School data provided by Great Schools

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 $995.

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

The cheapest apartment in Michigan Avenue is Jackson Manor Apartments which is listed at $765, while the average apartment in Michigan Avenue costs $12,584.

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 40 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 $333 which is $12,251 cheaper than the average rent for all rentals in Michigan Avenue.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.