Cheap Homes for Rent in the Mount Vernon Park Neighborhood of Fort Wayne, IN from $600 (6 Rentals)

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

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.

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.

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. 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 ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$620
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat2BR,1BA$650
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA Townhome3BR,2.5BA$0.84
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.18
Foster Park Apartments2 Bed Classic2BR,1.5BA$1.05
Coral Club Apartments3X1.5 Up Upgrade w/d3BR,1.5BA$1.23
Fairview Court Apartments2x1.5 Down Reno2BR,1.5BA$1.19
Emerald Square Villas2x1 Reno2BR,1BA$0.92
Villa Capri ApartmentsPrato1BR,1BA$0.86
Black Pine Flats1 Bedroom P.C Reno1BR,1BA$1.82
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio ,1BA$1.48
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat2BR,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.

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Real 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.

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Quick Rent Budget Calculator

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Frequently Asked Questions about Mount Vernon Park

What type of rentals are currently available in Mount Vernon Park?

There are currently 60 Apartments for Rent in Mount Vernon Park, IN with pricing that ranges from $620 to $12,103. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Vernon Park ranging from $675 to $1,800.

What is the current price range for Rental Homes in Mount Vernon Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Vernon Park ranges from $675 to $1,800 with an average monthly rent of $1,193.

How much are larger Three and Four Bedroom Rentals in Mount Vernon Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Vernon Park range from $946 to $5,636, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $1,550. Four Bedroom Single-Family rentals are also available starting from $1,065 and Four Bedroom Apartments start at $1,765.

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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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.

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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.

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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.

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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.