Cheap Apartments for Rent in the Southwest Fort Wayne Neighborhood of Fort Wayne, IN from $400 (77 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwest 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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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 1823 Griswold Dr

$845 - $995

1 To 2 Bedroom Rentals

Available Now

1823 Griswold Dr

Fort WayneIN46805

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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property at 1829 Broadway

$900 - $1,150

1 To 3 Bedroom Rentals

Available Now

1829 Broadway

Fort WayneIN46802

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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Southwest Fort Wayne, Fort Wayne, IN Local Guide

Cheapest Available Southwest Fort Wayne Apartments for Rent

 

The cheapest available apartment rental in the Southwest Fort Wayne area of Fort Wayne, IN is a Studio unit found at Fulton Manor priced from $635. Woodhaven Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $679. Here are the most affordable Southwest Fort Wayne apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Fulton Manor0BR/1.0BAStudio,1BA$635
Woodhaven OaksCalumet1BR,1BA$679
The ElexThe Rose1BR,1BA$704
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$725
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Time Corners Crossing1 Bedroom1BR,1BA$776
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
Willow Creek CrossingThe Pullman1BR,1BA$820
Sheridan Court1BR/1.0BA1BR,1BA$835

Best Value Apartments for Rent in Southwest Fort Wayne, IN

As of January 28, 2026 the best value apartment in the Southwest Fort 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 Southwest Fort Wayne apartment is the CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes starting at $1,399 with a $0.90 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Southwest Fort Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
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
Fairview Court Apartments2 Bedroom Townhome Available at Fairview Court ...2BR,1.5BA$1.00
1312 Park Ave, Unit #21312 Park Ave2BR,1BA$0.76
Coventry Court West Apartments2x2 Large Upgrade2BR,2BA$1.29
Colony Bay Apartments,LLC1 bedroom2BR,2BA$1.13
Sheridan Court1BR/1.0BA1BR,1BA$1.16
Time Corners Crossing1 Bedroom1BR,1BA$1.13
Willow Creek CrossingThe Pullman1BR,1BA$1.21
Woodhaven OaksCalumet1BR,1BA$1.04

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
Southwest Fort Wayne, Fort Wayne, IN

Ranked #6

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Southwest Fort Wayne, Fort Wayne, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Fort Wayne, IN. 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 outdoor amenities like tennis courts, family-friendliness, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southwest Fort Wayne Apartments

What is the Cheapest Studio apartment in Southwest Fort Wayne?

Currently the most affordable Cheap Studio Apartment in Southwest Fort Wayne is at Fulton Manor listed at $635.

How much is rent for a Cheap One Bedroom Southwest Fort Wayne Apartment?

The lowest price for a Cheap One Bedroom Southwest Fort Wayne Apartment is $679 at Woodhaven Oaks.

What is the lowest price for a Cheap Two Bedroom Southwest Fort Wayne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southwest Fort Wayne is starting from $699 at Woodhaven Oaks.

What is the most affordable Southwest Fort Wayne Three Bedroom Apartment?

The best deal on a cheap Southwest Fort Wayne Three Bedroom Apartment rental is at Time Corners Crossing and starts from $1,074.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.