
Cheap Apartments for Rent in the Mount Vernon Park Neighborhood of Fort Wayne, IN from $300 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mount Vernon Park area of Fort Wayne.


The Meridian (Waterloo Gardens)

2804 Abbott St

907 Lincoln Ave

Adam & Bruce Senior Housing Apartments

Emerald Square Villas

938 Lincoln Ave
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.

Willow Creek Crossing

Black Pine Flats

Hickory Mill Apartments

Regency House Apartments

Meeting House At St. Peter

Fairfield Gardens

Renaissance Pointe
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.

3409 S Hanna St

201 E Woodland Ave

4428 Gaywood Dr

Arbors Of Southtowne Square

4129 Robinwood Dr

Whispering Creek Apartments

1235 Huestis Ave
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.

1315 Huestis Ave
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 | $742 | $742 | $742 |
| Mount Vernon Park 1 Bedroom Apartments | $833 | $620 | $1,150 |
| Mount Vernon Park 2 Bedroom Apartments | $995 | $650 | $1,605 |
| Mount Vernon Park 3 Bedroom Apartments | $1,771 | $946 | $5,636 |
| Mount Vernon Park 4 Bedroom Apartments | $1,793 | $1,765 | $1,822 |
Browse Apartments in this Neighborhood
There are currently 22 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. The Meridian (Waterloo Gardens) has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. 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 |
| The Meridian (Waterloo Gardens) | Standard 1 BED | 1 BATH - SM Flat | 2BR,1BA | $650 |
| Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $742 |
| Black Pine Flats | 1 bedroom classic 504 | 1BR,1BA | $799 |
| Emerald Square Villas | 2x1.5TH Classic | 2BR,1BA | $859 |
Best Value Apartments for Rent in Mount Vernon Park, IN
As of July 12, 2026 the best value apartment in the Mount Vernon Park area is the $0.84 price per square foot CLA 3BR/2.5BA Townhome Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,379. 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 | 3BR,2.5BA | $0.84 |
| The Village at Wayne Trace Homes | 2 Bedroom | Renovated | 2BR,2BA | $1.18 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1.5BA | $1.05 |
| Coral Club Apartments | 3X1.5 Up Upgrade w/d | 3BR,1.5BA | $1.23 |
| Fairview Court Apartments | 2x1.5 Down Reno | 2BR,1.5BA | $1.19 |
| Emerald Square Villas | 2x1 Reno | 2BR,1BA | $0.92 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| Black Pine Flats | 1 Bedroom P.C Reno | 1BR,1BA | $1.82 |
| Adam & Bruce Senior Housing Apartments | Efficiency | Studio ,1BA | $1.48 |
| The Meridian (Waterloo Gardens) | Standard 1 BED | 1 BATH - SM Flat | 2BR,1BA | $1.86 |
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.
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
How much is rent for a Cheap One Bedroom Mount Vernon Park Apartment?
The lowest price for a Cheap One Bedroom Mount Vernon Park Apartment is $620 at Villa Capri Apartments.
What is the lowest price for a Cheap Two Bedroom Mount Vernon Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mount Vernon Park is starting from $650 at The Meridian (Waterloo Gardens).
What is the most affordable Mount Vernon Park Three Bedroom Apartment?
The best deal on a cheap Mount Vernon Park Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $946.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.