Cheap Apartments for Rent in the Mount Vernon Park Neighborhood of Fort Wayne, IN from $300 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mount Vernon Park area of Fort Wayne.

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Hickory Mill Apartments
1 to 2 Bedroom Apartments

Hickory Mill Apartments

5856 Turtle Creek DrFort Wayne, IN 46816
  • Utilities Included

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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Foster Park Apartments
1 to 2 Bedroom Apartments

Foster Park Apartments

6440 Fairfield AveFort Wayne, IN 46807
  • Utilities Included
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Regency House Apartments
Studio to 2 Bedroom Apartments

Regency House Apartments

2440 Fairfield AveFort Wayne, IN 46807
  • Utilities Included
property at 2130 Broadway

$550 - $650

Studio Rentals

Available Now

2130 Broadway

Fort WayneIN46802
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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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Fairfield Gardens
2 Bedroom Apartments

Fairfield Gardens

6300 Fairfield AveFort Wayne, IN 46807
  • Utilities Included

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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Renaissance Pointe
3 to 4 Bedroom Apartments

Renaissance Pointe

2430-2440 Bowser AveFort Wayne, IN 46803

Mount Vernon Park, Fort Wayne, IN Local Guide

Cheapest Available Mount Vernon Park Apartments for Rent

 

The cheapest available apartment rental in the Mount Vernon Park area of Fort Wayne, IN is a 1 Bed unit found at Villa Capri Apartments priced from $620. Emerald Square Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Mount Vernon Park apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$620
Emerald Square Villas1x1-Lg Classic1BR,1BA$699
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$755
Black Pine Flats1 Bedroom Upgrd 5041BR,1BA$799

Best Value Apartments for Rent in Mount Vernon Park, IN

As of January 08, 2026 the best value apartment in the Mount Vernon Park area is the $0.90 price per square foot CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,399. The second greatest value Mount Vernon Park apartment is the 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes starting at $1,575 with a $1.18 price per square foot in the Southeast Fort Wayne neighborhood. Here is today’s list of the best values for Mount Vernon Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.18
Fairview Court Apartments2x1.5 Townhome Upgrade2BR,1.5BA$1.00
Coral Club Apartments2X1.5 Up Reno W/ W/D2BR,1.5BA$1.37
Emerald Square Villas1x1-Lg Classic1BR,1BA$0.92
Villa Capri ApartmentsPrato1BR,1BA$0.86
Willow Creek CrossingThe Pullman1BR,1BA$1.21
Adam & Bruce Senior Housing ApartmentsOne Bedroom1BR,1BA$1.49
Black Pine Flats1 Bedroom Upgrd 5041BR,1BA$1.59
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$1.76

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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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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Lifestyle Ratings

Our team is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States and customized analysis for Fort Wayne, Indiana. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Mount Vernon Park Apartments

What is a cheap apartment in Mount Vernon Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mount Vernon Park is under $1,575.

What is the price of a cheap apartment in Mount Vernon Park?

The cheapest apartment in Mount Vernon Park is Villa Capri Apartments which is listed at $620, while the average apartment in Mount Vernon Park costs $1,765.

What types of apartments are the cheapest in Mount Vernon Park?

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 11 regular apartments in Mount Vernon Park 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 Mount Vernon Park?

Cheap apartments in Mount Vernon Park have an average cost of $265 which is $1,500 cheaper than the average rent for all rentals in Mount Vernon Park.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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!