
Cheap Apartments for Rent in the Mount Vernon Park Neighborhood of Fort Wayne, IN from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mount Vernon Park area of Fort Wayne.


2216 S Harrison St

Villa Capri Apartments

Emerald Square Villas

Hickory Mill 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.

Foster Park Apartments

Regency House Apartments

2130 Broadway

Meeting House At St. Peter

Fairfield Gardens
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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.

Renaissance Pointe
Mount Vernon Park, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Mount Vernon Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Vernon Park Studio Apartments | $617 | $545 | $742 |
| Mount Vernon Park 1 Bedroom Apartments | $842 | $620 | $1,150 |
| Mount Vernon Park 2 Bedroom Apartments | $982 | $715 | $1,605 |
| Mount Vernon Park 3 Bedroom Apartments | $1,284 | $946 | $1,665 |
| Mount Vernon Park 4 Bedroom Apartments | $1,793 | $1,765 | $1,822 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Mount Vernon Park Neighborhood of Fort Wayne, IN.
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Mount Vernon Park, Fort Wayne, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Capri Apartments | Prato | 1BR,1BA | $620 |
| Emerald Square Villas | 1x1-Lg Classic | 1BR,1BA | $699 |
| Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $742 |
| The Meridian (Waterloo Gardens) | Premium 1 BED | 1 BATH | 1BR,1BA | $755 |
| Black Pine Flats | 1 Bedroom Upgrd 504 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome W/Patio | 3BR,2.5BA | $0.90 |
| The Village at Wayne Trace Homes | 2 Bedroom | Renovated | 2BR,2BA | $1.18 |
| Fairview Court Apartments | 2x1.5 Townhome Upgrade | 2BR,1.5BA | $1.00 |
| Coral Club Apartments | 2X1.5 Up Reno W/ W/D | 2BR,1.5BA | $1.37 |
| Emerald Square Villas | 1x1-Lg Classic | 1BR,1BA | $0.92 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| Willow Creek Crossing | The Pullman | 1BR,1BA | $1.21 |
| Adam & Bruce Senior Housing Apartments | One Bedroom | 1BR,1BA | $1.49 |
| Black Pine Flats | 1 Bedroom Upgrd 504 | 1BR,1BA | $1.59 |
| The Meridian (Waterloo Gardens) | Premium 1 BED | 1 BATH | 1BR,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.
Read ArticleThe 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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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.
Best Local Schools in Mount Vernon Park, Fort Wayne, IN
Jeff High Towles Intermediate School
School data provided by Great Schools
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!