
Cheap Apartments for Rent in the Millstone Neighborhood of Fort Wayne, IN from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Millstone area of Fort Wayne.


Coldwater Crossing Apartments

Wallen Hills Apartments

Stone Pointe Village

5833 Homewood Dr, Unit 5833
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.

Graystone Trail

Eagle Landing Apartment Homes

Tara Cooperative, Inc.

Carrington Pointe

Northcrest Apartments
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.

Ridgebrook Hills
Millstone, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Millstone?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Millstone Studio Apartments | $1,223 | $833 | $1,890 |
| Millstone 1 Bedroom Apartments | $1,176 | $625 | $1,727 |
| Millstone 2 Bedroom Apartments | $1,453 | $825 | $2,124 |
| Millstone 3 Bedroom Apartments | $1,944 | $1,490 | $2,500 |
| Millstone 4 Bedroom Apartments | $2,645 | $2,645 | $2,645 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Millstone Neighborhood of Fort Wayne, IN.
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Millstone, Fort Wayne, IN Local Guide
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Cheapest Available Millstone Apartments for Rent
 The cheapest available apartment rental in the Millstone area of Fort Wayne, IN is a 1 Bed unit found at Graystone Trail priced from $950. Avalon at Northbrook Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,165. Here are the most affordable Millstone apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Graystone Trail | Graystone Trail | 1BR,1BA | $950 |
| Avalon at Northbrook Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,165 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1BA | $1,225 |
| Island Club | St Thomas - Premium | 1BR,1BA | $1,253 |
| Woodbridge Apartments | Teak | 2BR,1BA | $1,316 |
Best Value Apartments for Rent in Millstone, IN
As of June 01, 2026 the best value apartment in the Millstone area is the $0.82 price per square foot 3THB Model at Eagle Landing Apartment Homes in the in the Northwest Fort Wayne neighborhood starting from $1,586. The second greatest value Millstone apartment is the Furnished - Utilities Included Model at The Meadows of Keefer Creek starting at $2,500 with a $1.73 price per square foot in the North Fort Wayne neighborhood. Here is today’s list of the best values for Millstone apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Landing Apartment Homes | 3THB | 3BR,1.5BA | $0.82 |
| The Meadows of Keefer Creek | Furnished - Utilities Included | 3BR,2.5BA | $1.73 |
| Thunderhawk Villas | Villas for Rent by Captial Property Management | 3BR,2BA | $1.53 |
| Somerset Townhomes and Villas | Cottagewood 1 Villa | 3BR,2BA | $1.90 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Reserve at Dawson's Creek | The Primrose - Premium | 2BR,2BA | $1.34 |
| Island Club | St Thomas - Premium | 1BR,1BA | $1.39 |
| Woodbridge Apartments | Teak | 2BR,1BA | $1.48 |
| Avalon at Northbrook Apartments and Townhomes | One Bedroom | 1BR,1BA | $1.66 |
| Graystone Trail | Graystone Trail | 1BR,1BA | $1.73 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleMillstone, Fort Wayne, IN
Ranked #69
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Millstone Apartments
How much is rent for a Cheap One Bedroom Millstone Apartment?
The lowest price for a Cheap One Bedroom Millstone Apartment is $950 at Graystone Trail.
What is the lowest price for a Cheap Two Bedroom Millstone Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Millstone is starting from $1,225 at Emerald Pointe (55+ Senior Community).
What is the most affordable Millstone Three Bedroom Apartment?
The best deal on a cheap Millstone Three Bedroom Apartment rental is at Eagle Landing Apartment Homes and starts from $1,586.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.