Cheap Apartments for Rent in the River Cove Neighborhood of Fort Wayne, IN from $400 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in the River Cove area of Fort Wayne.

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Montrose Square
$702 - $1,547
Total Monthly Price

Total Monthly Price

Base Rent
$702 - $1,547

Total Monthly Price
$702 - $1,547
Studio to 2 Bedroom Apartments Contact Us For Availability

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Tara Cooperative, Inc.
1 to 4 Bedroom Apartments

Tara Cooperative, Inc.

350 E Essex LnFort Wayne, IN 46825
  • Utilities Included
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River Cove, Fort Wayne, IN Local Guide

Cheapest Available River Cove Apartments for Rent

 

The cheapest available apartment rental in the River Cove area of Fort Wayne, IN is a 1 Bed unit found at Graystone Trail priced from $950. Fountain Lake Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $964. Here are the most affordable River Cove apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Graystone TrailGraystone Trail1BR,1BA$950
Fountain Lake Apartment HomesBellagio2BR,1BA$964
Wallen Hills ApartmentsTeakwood1BR,1BA$970

Best Value Apartments for Rent in River Cove, IN

As of July 22, 2026 the best value apartment in the River Cove area is the $1.05 price per square foot Townhomes Model at Evard Place - Solar Powered in the in the Northeast Fort Wayne neighborhood starting from $2,000. The second greatest value River Cove 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 River Cove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Evard Place - Solar PoweredTownhomes3BR,2.5BA$1.05
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Archers Pointe2 Bedroom Townhome2BR,1.5BA$1.46
Canterbury GreenKingsbridge 2Bed 2Bath 980sqft2BR,2BA$1.16
Fountain Lake Apartment HomesBuckingham2BR,1.5BA$1.03
St Joe Place2x22BR,2BA$0.80
Woodbridge ApartmentsAcadia1BR,1BA$1.44
Dupont Lakes ApartmentsOne Bedroom1BR,1BA$1.48
Wallen Hills ApartmentsTeakwood1BR,1BA$1.56
Graystone TrailGraystone Trail1BR,1BA$1.73

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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Pet Friendly Lifestyle
River Cove, Fort Wayne, IN

Ranked #16

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap River Cove Apartments

What is the price of a cheap apartment in River Cove?

The cheapest apartment in River Cove is Graystone Trail which is listed at $950, while the average apartment in River Cove costs $1,660.

What types of apartments are the cheapest in River Cove?

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 107 regular apartments in River Cove 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 River Cove?

Cheap apartments in River Cove have an average cost of $603 which is $1,057 cheaper than the average rent for all rentals in River Cove.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.