
Cheap Apartments for Rent in the Sawmill Woods Neighborhood of Fort Wayne, IN from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sawmill Woods area of Fort Wayne.


Emerald Pointe (55+ Senior Community)

Shoaff Park Villas

Graystone Apartments

Fountain Lake Apartment Homes
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.

Golfview Apartments

The Summit at Ridgewood Apartment and Townhomes

Stratford Place

Stellhorn Pointe Apartments

Summit Ridge Community Living
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.
Sawmill Woods, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Sawmill Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sawmill Woods Studio Apartments | $810 | $600 | $995 |
| Sawmill Woods 1 Bedroom Apartments | $1,039 | $625 | $1,500 |
| Sawmill Woods 2 Bedroom Apartments | $1,192 | $675 | $1,944 |
| Sawmill Woods 3 Bedroom Apartments | $1,645 | $1,375 | $2,000 |
| Sawmill Woods 4 Bedroom Apartments | $600 | $585 | $615 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Sawmill Woods Neighborhood of Fort Wayne, IN.
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Sawmill Woods, Fort Wayne, IN Local Guide
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Cheapest Available Sawmill Woods Apartments for Rent
 The cheapest available apartment rental in the Sawmill Woods area of Fort Wayne, IN is a Studio unit found at Fountain Lake Apartment Homes priced from $780. Graystone Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Sawmill Woods apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fountain Lake Apartment Homes | Trevi | Studio,1BA | $780 |
| Graystone Apartments | Graystone Apartments 1bed studio | Studio,1BA | $790 |
| Stratford Place | 1/1 Apartment | 1BR,1BA | $800 |
Best Value Apartments for Rent in Sawmill Woods, IN
As of May 08, 2026 the best value apartment in the Sawmill Woods area is the $1.12 price per square foot 7819 Model at 7819 Stellhorn Rd in the in the Northeast Fort Wayne neighborhood starting from $1,450. The second greatest value Sawmill Woods apartment is the Forestwood Model at Redwood Fort Wayne Maplecrest Road starting at $1,869 with a $1.44 price per square foot in the Northeast Fort Wayne neighborhood. Here is today’s list of the best values for Sawmill Woods apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7819 Stellhorn Rd | 7819 | 2BR,2BA | $1.12 |
| Redwood Fort Wayne Maplecrest Road | Forestwood | 2BR,2BA | $1.44 |
| Evard Place - Solar Powered | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| The Summit at Ridgewood Apartment and Townhomes | Three Bedroom 1.5 Bath Townhome 1,184 sqft | 3BR,1.5BA | $1.18 |
| Woodbridge Apartments | Mahogany | 2BR,1BA | $1.27 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Island Club | St Thomas - Premium | 1BR,1BA | $1.39 |
| St Joe Place | 2x2 | 2BR,2BA | $0.80 |
| Stratford Place | 1/1 Apartment | 1BR,1BA | $1.29 |
| Fountain Lake Apartment Homes | Trevi | Studio ,1BA | $1.54 |
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.
Pet Friendly LifestyleSawmill Woods, Fort Wayne, IN
Ranked #72
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Sawmill Woods Apartments
What is a cheap apartment in Sawmill Woods?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sawmill Woods is under $1,346.
What is the price of a cheap apartment in Sawmill Woods?
The cheapest apartment in Sawmill Woods is Stratford Place which is listed at $800, while the average apartment in Sawmill Woods costs $1,609.
What types of apartments are the cheapest in Sawmill Woods?
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 6 regular apartments in Sawmill Woods 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 Sawmill Woods?
Cheap apartments in Sawmill Woods have an average cost of $382 which is $1,227 cheaper than the average rent for all rentals in Sawmill Woods.
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.