
Cheap Homes for Rent in the South Wayne Neighborhood of Fort Wayne, IN from $625 (36 Rentals)
Search the lowest-cost Homes available for rent right now in the South Wayne area of Fort Wayne.


1930 Lafayette St

201 E Woodland Ave

1918 Riedmiller Ave

4502 Gaywood Dr

2401 Miner St

1641 Howell St

345 Kinnaird Ave

1520 E Berry St, Unit 219
Rent According to Income: A Look at Income-Restricted Rentals
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1155 Kinsmoor Ave

309 W Williams St

1119 Michigan Ave

3519 Euclid Ave

810 Baxter St

1427 1/2 Wall St

4721 Warsaw St

1018 Baxter St

1520 E Berry St, Unit 224
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.

1415 N Harrison St

3106 Smith St

129 E Woodland Ave

347 W Williams St

3406 Robinwood Dr

215 W Masterson Ave

1421 St Marys Ave

1419 St Marys Ave

3413 Oliver St
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.

3201 Dinnen Ave

1902 Drexel Ave

822 Nuttman Ave

720 Davis St

1221 Wefel St

1402 3rd St

4414 Oliver St

432 W Butler St

2627 Belle Vista Blvd
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.
South Wayne, Fort Wayne, IN Local Guide

How much does it cost to rent a home in South Wayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Wayne 2 Bedroom Homes for Rent | $1,050 | $825 | $1,500 |
| South Wayne 3 Bedroom Homes for Rent | $1,272 | $915 | $1,650 |
| South Wayne 4 Bedroom Homes for Rent | $1,280 | $1,025 | $1,500 |
| South Wayne 5 Bedroom Homes for Rent | $1,725 | $1,725 | $1,725 |
Browse Homes for Rent in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the South Wayne Neighborhood of Fort Wayne, IN.
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South Wayne, Fort Wayne, IN Local Guide
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Cheapest Available South Wayne Apartments for Rent
 The cheapest available apartment rental in the South Wayne area of Fort Wayne, IN is a 1 Bed unit found at River Pointe Townhomes priced from $750. Rockhill Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable South Wayne apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Pointe Townhomes | 1 Flat | 1BR,1BA | $750 |
| Rockhill Manor | 1BR/1.0BA | 1BR,1BA | $765 |
| 1230 Delta Boulevard | 1BR/1.0BA | 1BR,1BA | $795 |
| 601 W Wayne St | 1BR/1.0BA | 1BR,1BA | $799 |
| Three Rivers Apartments | s01b Rodeo Drive | Studio,1BA | $899 |
| The Elex | The Pen-El | 1BR,1BA | $1,002 |
| St Joseph Apartments | 0BR/1.0BA | Studio,1BA | $1,055 |
| Superior Lofts | Berne | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in South Wayne, IN
As of September 06, 2026 the best value apartment in the South Wayne area is the $0.78 price per square foot 701 runnion ave Model at 701 runnion ave, Unit 703 Runnion in the in the Southwest Fort Wayne neighborhood starting from $1,250. The second greatest value South Wayne apartment is the 2 Bed 2 Bath The Foster (2B2B1133) Model at Cityscape Flats starting at $1,869 with a $1.65 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for South Wayne apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 701 runnion ave, Unit 703 Runnion | 701 runnion ave | 3BR,1.5BA | $0.78 |
| Cityscape Flats | 2 Bed 2 Bath The Foster (2B2B1133) | 2BR,2BA | $1.65 |
| Skyline Tower | 2/2 | 2BR,2BA | $1.84 |
| 817 W Wayne St, Unit 817 W Wayne- Unit 1 | 817 W Wayne St | 1BR,1BA | $1.18 |
| Superior Lofts | Berne | 1BR,1BA | $1.67 |
| River Pointe Townhomes | 1 Flat | 1BR,1BA | $1.27 |
| St Joseph Apartments | 0BR/1.0BA | Studio ,1BA | $1.92 |
| Three Rivers Apartments | s01b Rodeo Drive | Studio ,1BA | $1.68 |
| Rockhill Manor | 1BR/1.0BA | 1BR,1BA | $1.53 |
| 1230 Delta Boulevard | 1BR/1.0BA | 1BR,1BA | $1.99 |
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 ArticleNavigating 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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleSouth Wayne, Fort Wayne, IN
Ranked #128
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in South Wayne, Fort Wayne, IN
South Wayne Elementary School
School data provided by Great Schools
Frequently Asked Questions about South Wayne
What type of rentals are currently available in South Wayne?
There are currently 128 Apartments for Rent in South Wayne, IN with pricing that ranges from $600 to $14,578. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Wayne ranging from $625 to $1,725.
What is the current price range for Rental Homes in South Wayne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Wayne ranges from $625 to $1,725 with an average monthly rent of $1,133.
How much are larger Three and Four Bedroom Rentals in South Wayne?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Wayne range from $895 to $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $915 to $1,650. Four Bedroom Single-Family rentals are also available starting from $1,025 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

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.

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.