Cheap Homes for Rent in the South Fort Wayne Neighborhood of Fort Wayne, IN from $700 (42 Rentals)

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

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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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.

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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.

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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.

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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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Showing Results 1-42, Page 1 of 1

South Fort Wayne, Fort Wayne, IN Local Guide

Best Value Homes for Rent in South Fort Wayne, IN

As of September 23, 2026 the best value rental home in the South Fort Wayne area is the $1.29 price per square foot 1016 W Washington Blvd Model at 1016 W Washington Blvd, Unit 1 in the Southwest Fort Wayne neighborhood starting from $2,800. The second greatest value South Fort Wayne rental home is the 1837 Howell St Model at 1837 Howell St in the Southwest Fort Wayne neighborhood starting at $1,650 with a $1.13 price per square foot. Here is today’s list of the best values for South Fort Wayne homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
1016 W Washington Blvd, Unit 11016 W Washington Blvd3BR, 2.5BA$1.29
1837 Howell St1837 Howell St3BR, 1BA$1.13

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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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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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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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.

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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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Frequently Asked Questions about South Fort Wayne

What type of rentals are currently available in South Fort Wayne?

There are currently 276 Apartments for Rent in South Fort Wayne, IN with pricing that ranges from $600 to $14,196. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Fort Wayne ranging from $700 to $3,000.

What is the current price range for Rental Homes in South Fort Wayne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Fort Wayne ranges from $700 to $3,000 with an average monthly rent of $1,316.

How much are larger Three and Four Bedroom Rentals in South Fort Wayne?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Fort Wayne range from $845 to $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $915 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,699.

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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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.

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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.

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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.