Cheap Apartments for Rent in the Pontiac Place Neighborhood of Fort Wayne, IN from $300 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pontiac Place 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.

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Hickory Mill Apartments
1 to 2 Bedroom Apartments

Hickory Mill Apartments

5856 Turtle Creek DrFort Wayne, IN 46816
  • Utilities Included
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439 E Wayne St
Studio to 1 Bedroom Apartments

439 E Wayne St

439 E Wayne StFort Wayne, IN 46802
Student Housing
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Regency House Apartments
Studio to 2 Bedroom Apartments

Regency House Apartments

2440 Fairfield AveFort Wayne, IN 46807
  • Utilities Included

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.

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Meeting House At St. Peter
1 to 2 Bedroom Apartments

Meeting House At St. Peter

611 E Dewald StFort Wayne, IN 46803
Senior Living
  • Utilities Included
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Randall Lofts
1 to 2 Bedroom Apartments

Randall Lofts

616 S Harrison StFort Wayne, IN 46802
  • Utilities Included
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530 W Berry St
Studio to 1 Bedroom Apartments

530 W Berry St

530 W Berry StFort Wayne, IN 46802
  • Utilities Included
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Renaissance Pointe
3 to 4 Bedroom Apartments

Renaissance Pointe

2430-2440 Bowser AveFort Wayne, IN 46803
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Fulton Manor
Studio Apartments

Fulton Manor

922 Fulton StFort Wayne, IN 46802
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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Villages of Hanna
1 to 3 Bedroom Apartments

Villages of Hanna

2201 Reed StFort Wayne, IN 46803
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Landing
Studio to 2 Bedroom Apartments

The Landing

118 W Columbia StFort Wayne, IN 46802
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Pontiac Place, Fort Wayne, IN Local Guide

Cheapest Available Pontiac Place Apartments for Rent

 

The cheapest available apartment rental in the Pontiac Place area of Fort Wayne, IN is a 1 Bed unit found at The Meridian (Waterloo Gardens) priced from $650. Adam & Bruce Senior Housing Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $742. Here are the most affordable Pontiac Place apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$650
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Three Rivers Apartmentss01b Rodeo DriveStudio,1BA$899
Coventry Court TownhomesCCT 2 BR/1 BA Townhome2BR,1BA$949
Graystone LandingWest End 1 bed/1 bath1BR,1BA$950
Superior LoftsBerne1BR,1BA$953
Emerald Square Villas3 x 1.5 TH Deluxe3BR,1BA$1,169
CityScape FlatsChapman 1 Bedroom 1 Bath1BR,1BA$1,272
The HarrisonThe Anderson2BR,2BA$1,500

Best Value Apartments for Rent in Pontiac Place, IN

As of April 13, 2026 the best value apartment in the Pontiac Place area is the $1.68 price per square foot T2 Oasis 2005sf 3/3.5 Model at Riverfront at Promenade Park in the in the Southwest Fort Wayne neighborhood starting from $3,374. The second greatest value Pontiac Place apartment is the CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes starting at $1,399 with a $0.90 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Pontiac Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverfront at Promenade ParkT2 Oasis 2005sf 3/3.53BR,3.5BA$1.68
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
Emerald Square Villas3 x 1.5 TH Deluxe3BR,1.5BA$0.86
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.22
CityScape FlatsLombard 2 Bedroom 1 Bath2BR,1BA$1.68
711 Edgewater Ave, Unit apt 1711 Edgewater Ave2BR,1BA$1.25
The HarrisonThe Anderson2BR,2BA$1.51
Superior LoftsBerne1BR,1BA$1.31
Three Rivers Apartmentss01b Rodeo DriveStudio ,1BA$1.68
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio ,1BA$1.48

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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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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.

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Quick 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.

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Pet Friendly Lifestyle
Pontiac Place, Fort Wayne, IN

Ranked #52

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Fort Wayne. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Pontiac Place Apartments

What is the price of a cheap apartment in Pontiac Place?

The cheapest apartment in Pontiac Place is The Meridian (Waterloo Gardens) which is listed at $650, while the average apartment in Pontiac Place costs $2,780.

What types of apartments are the cheapest in Pontiac Place?

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 4 regular apartments in Pontiac Place 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 Pontiac Place?

Cheap apartments in Pontiac Place have an average cost of $154 which is $2,626 cheaper than the average rent for all rentals in Pontiac Place.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.