Cheap Apartments for Rent in the South Fort Wayne Neighborhood of Fort Wayne, IN from $300 (119 Rentals)

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

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5014 old maysville road
$575
Total Monthly Price

Total Monthly Price

Base Rent
$575
Total Monthly Price
$575
1 Bedroom Apartment Available Now

5014 old maysville road

5014 old maysville roadFort Wayne, IN 46815
Affordability
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The Meridian (Waterloo Gardens)
Rent Specials
$650 - $1,270
Total Monthly Price

Total Monthly Price

Base Rent
$605 - $1,225
Required Monthly Fees
$45
Total Monthly Price
$650 - $1,270
1 to 3 Bedroom Apartments Available Now

The Meridian (Waterloo Gardens)

3660 E Paulding RdFort Wayne, IN 46816
Affordability
  • Verified
  • Customer Reviewed
  • 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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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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property at 1235 Huestis Ave

$795 - $895

1 To 2 Bedroom Rentals

Available Now

1235 Huestis Ave

Fort WayneIN46807
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Three Rivers Apartments
Rent Specials
$799 - $3,499
Total Monthly Price

Total Monthly Price

Base Rent
$676 - $3,376
Required Monthly Fees
$123
Total Monthly Price
$799 - $3,499
Studio to 4 Bedroom Apartments Available Now

Three Rivers Apartments

101 Three RiversFort Wayne, IN 46802
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Foster Park Apartments
Rent Specials
$875 - $1,149
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,149
Total Monthly Price
$875 - $1,149
1 to 2 Bedroom Apartments Available Now

Foster Park Apartments

6440 Fairfield AveFort Wayne, IN 46807
Affordability
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  • Customer Reviewed
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property at 1823 Griswold Dr

$845 - $995

1 To 2 Bedroom Rentals

Available Now

1823 Griswold Dr

Fort WayneIN46805

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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908 Columbia Ave, Unit 1
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
1 Bedroom Apartment Available Now

908 Columbia Ave, Unit 1

908 Columbia AveFort Wayne, IN 46805
Affordability
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Community at Triangle Park
$900 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$810 - $1,310
Required Monthly Fees
$90
Total Monthly Price
$900 - $1,400
Studio to 2 Bedroom Apartments Available Apr 1

Community at Triangle Park

2827 Rupp DrFort Wayne, IN 46815
Corporate Housing
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  • Customer Reviewed
  • Utilities Included
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Canterbury Green
Rent Specials
$905 - $3,028
Total Monthly Price

Total Monthly Price

Base Rent
$840 - $2,963
Required Monthly Fees
$65
Total Monthly Price
$905 - $3,028
Studio to 3 Bedroom Apartments Available Now

Canterbury Green

2727 Canterbury BlvdFort Wayne, IN 46835
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour

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 1 Bed unit found at Villa Capri Apartments priced from $620. The Meridian (Waterloo Gardens) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. 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 Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$650
The Huntington1 Bed, 1 bath1BR,1BA$665
Woodhaven OaksSalamoniee2BR,1BA$729
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Waynedale Village ApartmentsOne Bed1BR,1BA$759
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$780
Graystone ApartmentsGraystone Apartments 1bed studioStudio,1BA$790

Best Value Apartments for Rent in South Fort Wayne, IN

As of March 22, 2026 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 701 runnion ave Model at 701 runnion ave, Unit 703 Runnion starting at $1,250 with a $0.78 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
701 runnion ave, Unit 703 Runnion701 runnion ave3BR,1.5BA$0.78
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
1110 W Wayne St1110 W Wayne St2BR,1BA$0.85
Woodhaven OaksMaumee3BR,1.5BA$1.00
2202 Brooklyn Ave, Unit Apt C2202 Brooklyn Ave2BR,1BA$0.87
Emerald Square Villas2x1 Reno2BR,1BA$0.91
St Joe Place2x22BR,2BA$0.86
Villa Capri ApartmentsPrato1BR,1BA$0.86
5014 old maysville road5014 old maysville road1BR,1BA$0.96

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

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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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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

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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!

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 $790.

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 $1,765.

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 61 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 $245 which is $1,520 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

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.