Cheap Apartments for Rent in the North Franke Park Neighborhood of Fort Wayne, IN from $400 (21 Rentals)

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

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Tara Cooperative, Inc.
1 to 4 Bedroom Apartments

Tara Cooperative, Inc.

350 E Essex LnFort Wayne, IN 46825
  • Utilities Included
  • Smoke Free
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Ridgebrook Hills
2 to 4 Bedroom Apartments

Ridgebrook Hills

2737 W Washington Center RdFort Wayne, IN 46818

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Cheapest Available North Franke Park Apartments for Rent

 

The cheapest available apartment rental in the North Franke Park area of Fort Wayne, IN is a 1 Bed unit found at The Huntington priced from $665. Jackson Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable North Franke Park apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The Huntington1 Bed, 1 bath1BR,1BA$665
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$785
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
Stratford Place ApartmentsYour New Home Awaits — One Month FREE at Stratf...1BR,1BA$800

Best Value Apartments for Rent in North Franke Park, IN

As of December 12, 2025 the best value apartment in the North Franke Park area is the $0.78 price per square foot 701 runnion ave Model at 701 runnion ave, Unit 703 Runnion in the in the Southwest Fort Wayne neighborhood starting from $1,250. The second greatest value North Franke Park apartment is the Hawthorne Model at Emerald Pointe (55+ Senior Community) starting at $1,225 with a $1.16 price per square foot in the Northwest Fort Wayne neighborhood. Here is today’s list of the best values for North Franke Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
701 runnion ave, Unit 703 Runnion701 runnion ave3BR,1.5BA$0.78
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Woodbridge ApartmentsAsh1BR,1BA$1.38
Northcrest Garden Apartments2x1.5 Upgrade (upstairs & downstairs)2BR,1.5BA$1.43
Eagle Landing Apartment Homes1BRD1BR,1BA$1.24
Sheridan Court1BR/1.0BA1BR,1BA$1.33
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$1.25
Stratford Place ApartmentsYour New Home Awaits — One Month FREE at Stratf...1BR,1BA$1.29
West Wind ApartmentsStandard One Bedroom1BR,1BA$1.50
The Huntington1 Bed, 1 bath1BR,1BA$1.28

Getting Around the North Franke Park Neighborhood in Fort Wayne, IN

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap North Franke Park Apartments

What is a cheap apartment in North Franke Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Franke Park is under $909.

What is the price of a cheap apartment in North Franke Park?

The cheapest apartment in North Franke Park is The Huntington which is listed at $665, while the average apartment in North Franke Park costs $1,849.

What types of apartments are the cheapest in North Franke 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 5 regular apartments in North Franke 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 North Franke Park?

Cheap apartments in North Franke Park have an average cost of $120 which is $1,729 cheaper than the average rent for all rentals in North Franke 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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.