Cheap Apartments for Rent in the South Fort Wayne Neighborhood of Fort Wayne, IN from $300 (116 Rentals)

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

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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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.

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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.

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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 Studio unit found at Emerald Square Apartments & Villas priced from $525. Sheridan Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $535. Here are the most affordable South Fort Wayne apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$525
Sheridan Court ApartmentsStudio, 1 bathStudio,1BA$535
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589
The Huntington1 Bed, 1 bath1BR,1BA$665
Waynedale Village ApartmentsStudioStudio,1BA$679
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$699
Jackson Manor ApartmentsOne Bedroom1BR,1BA$715
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$735
Black Pine Flats1BR/1BA Classic1BR,1BA$750

Best Value Apartments for Rent in South Fort Wayne, IN

As of May 24, 2025 the best value apartment in the South Fort Wayne area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value South Fort Wayne apartment is the CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes starting at $1,450 with a $0.93 price per square foot in the Southwest Fort Wayne neighborhood. 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.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.85
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.14
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
CANTERBURY GREENHawthorne1BR,2BA$1.15
St Joe Place2x22BR,2BA$0.80
Woodhaven OaksKankakee1BR,1BA$1.16
Bridgedale Terrace ApartmentsLoft1BR,1BA$1.07
Villa Capri ApartmentsPrato1BR,1BA$0.81
Sheridan Court ApartmentsStudio, 1 bathStudio ,1BA$1.02

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Pet Friendly Lifestyle
South Fort Wayne, Fort Wayne, IN

Ranked #2

Among neighborhoods in Fort Wayne, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the South Fort Wayne Neighborhood in Fort Wayne, IN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

11 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $750.

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

The cheapest apartment in South Fort Wayne is The Meridian (Waterloo Gardens) which is listed at $550, while the average apartment in South Fort Wayne costs $1,685.

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 19 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 $171 which is $1,514 cheaper than the average rent for all rentals in South Fort Wayne.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.