Cheap Homes for Rent in South Fort Wayne Neighborhood of Fort Wayne, IN from $600 (38 Rentals)

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

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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property at 506 5th St

$875

2 Bedroom Rentals

Available Now

506 5th St

Fort WayneIN46808

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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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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Showing Results 1-38, Page 1 of 1

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 $555 to $4,963. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Fort Wayne ranging from $650 to $2,550.

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 $650 to $2,550 with an average monthly rent of $1,287.

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 $899 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $625.

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.