
Cheap Homes for Rent in Mount Vernon Park Neighborhood of Fort Wayne, IN from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Vernon Park area of Fort Wayne.


1315 Huestis Ave

3131 Oliver St

3717 Barr St
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.

1235 Huestis Ave

442 E Wildwood Ave

4010 Lillie St

2725 Reed St
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.

2010 E Pontiac St
Mount Vernon Park, Fort Wayne, IN Local Guide

How much does it cost to rent a home in Mount Vernon Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Vernon Park 2 Bedroom Homes for Rent | $975 | $790 | $1,300 |
| Mount Vernon Park 3 Bedroom Homes for Rent | $1,159 | $875 | $1,500 |
| Mount Vernon Park 4 Bedroom Homes for Rent | $1,310 | $1,050 | $1,500 |
| Mount Vernon Park 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 |
| Emerald Square Villas | 1x1-Lg Classic | 1BR,1BA | $699 |
Best Value Apartments for Rent in Mount Vernon Park, IN
As of May 28, 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 $1,622 with a $1.22 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 | $1.22 |
| 1312 Park Ave, Unit #1 | 1312 Park Ave | 2BR,1BA | $0.80 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1.5BA | $1.05 |
| Fairview Court Apartments | 2x1.5 Down Classic | 2BR,1.5BA | $1.03 |
| Coral Club Apartments | Renovated 2 Bedroom with Washer + Dryer Availab... | 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 | Efficiency | Studio ,1BA | $1.48 |
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
Frequently Asked Questions about Mount Vernon Park
What type of rentals are currently available in Mount Vernon Park?
There are currently 66 Apartments for Rent in Mount Vernon Park, IN with pricing that ranges from $450 to $8,830. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Vernon Park ranging from $790 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 $790 to $1,800 with an average monthly rent of $1,226.
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 $4,207, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,050 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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.