Cheap Apartments for Rent in the South Fort Wayne Neighborhood of Fort Wayne, IN from $323 (163 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
5014 old maysville road
$720

Total Monthly Price

Base Rent$720
Total Monthly Price$720
1 Bedroom Apartment Available Now

5014 old maysville road

5014 old maysville roadFort Wayne, IN 46815
Affordability

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.

Read Article
property at 729 Columbia Ave
$725
1 Bedroom Rentals
Available Now
Affordability

729 Columbia Ave

Fort WayneIN46805

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article

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.

Read Article
property at 357 French Ave
$900 - $1,150
2 To 3 Bedroom Rentals
Available Sep 30
Cost Per Sq.Ft.

357 French Ave

Fort WayneIN46807

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.

Read Article
Showing Results 1-50, Page 1 of 4

South Fort Wayne, Fort Wayne, IN Local Guide

Cheapest Available South Fort Wayne Apartments for Rent

 

The cheapest available apartment rental in the South Fort Wayne area of Fort Wayne, IN is a 1 Bed unit found at Villa Capri Apartments priced from $620. The Huntington has the second lowest priced unit, which is a 1 Bed apartment currently listed from $665. Here are the most affordable South Fort Wayne apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR, 1BA$620
The Huntington1 Bed, 1 bath1BR, 1BA$665
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio, 1BA$742
Emerald Square Villas2x1 Classic PV2BR, 1BA$759
Rockhill Manor1BR/1.0BA1BR, 1BA$765
Waynedale Village ApartmentsOne Bed1BR, 1BA$779
1230 Delta Boulevard1BR/1.0BA1BR, 1BA$795
Nemoir Manor ApartmentsOne Bedroom1BR, 1BA$799
Black Pine Flats1 bedroom classic 5041BR, 1BA$799

Best Value Apartments for Rent in South Fort Wayne, IN

As of September 27, 2026 the best value apartment in the South Fort Wayne area is the $0.42 price per square foot 2145 Ontario St Model at 2145 Ontario St, Unit 2147 Ontario Street in the Southwest Fort Wayne neighborhood starting from $800. The second greatest value South Fort Wayne apartment is the CLA 3BR/2.5BA Townhome Model at Coventry Court Townhomes in the Southwest Fort Wayne neighborhood starting at $1,379 with a $0.84 price per square foot. Here is today’s list of the best values for South Fort Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2145 Ontario St, Unit 2147 Ontario Street2145 Ontario St1BR, 1BA$0.42
Coventry Court TownhomesCLA 3BR/2.5BA Townhome3BR, 2.5BA$0.84
701 runnion ave, Unit 703 Runnion701 runnion ave3BR, 1.5BA$0.78
Windsor OaksThe Oak3BR, 2BA$1.10
605 Huffman St, Unit 603 Huffman605 Huffman St2BR, 1BA$0.88
Foster Park Apartments2 Bed Classic2BR, 1.5BA$1.05
Fairview Court Apartments2x1.5 Down Reno2BR, 1.5BA$1.19
Autumn Creek Apartment Homes2B2B-HYB2BR, 2BA$1.10
Emerald Square Villas2x1 Reno2BR, 1BA$0.92
Villa Capri ApartmentsPrato1BR, 1BA$0.86

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 Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
South Fort Wayne, Fort Wayne, IN

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including South Fort Wayne, Fort Wayne, and the greater Fort Wayne area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and easy access to the parks, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap South Fort Wayne Apartments

What is a cheap apartment in South Fort Wayne?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Fort Wayne is under $799.

What is the price of a cheap apartment in South Fort Wayne?

The cheapest apartment in South Fort Wayne is Villa Capri Apartments which is listed at $620, while the average apartment in South Fort Wayne costs $1,328.

What types of apartments are the cheapest in South Fort Wayne?

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 165 regular apartments in South Fort Wayne 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 South Fort Wayne?

Cheap apartments in South Fort Wayne have an average cost of $261 which is $1,067 cheaper than the average rent for all rentals in South Fort Wayne.

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

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.