Cheap Homes for Rent in Southwest Fort Wayne Neighborhood of Fort Wayne, IN from $500 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2130 Broadway

$550 - $650

Studio Rentals

Available Now

2130 Broadway

Fort WayneIN46802

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-18, Page 1 of 1

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 1 Bed unit found at The Elex priced from $704. Colony Bay Apartments,LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Southwest Fort Wayne apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The ElexThe Rose1BR,1BA$704
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$725
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
Willow Creek CrossingThe Pullman1BR,1BA$820

Best Value Apartments for Rent in Southwest Fort Wayne, IN

As of January 14, 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 Apartments2x1.5 Townhome Upgrade2BR,1.5BA$0.98
1312 Park Ave, Unit #21312 Park Ave2BR,1BA$0.76
Woodhaven OaksTippecanoe2BR,2BA$1.06
Autumn Creek Apartment Homes1B1B HYB1BR,1BA$1.29
The Cottages at Bridgewater (Senior 55+)1 Bedroom1BR,1BA$1.31
Willow Creek CrossingThe Pullman1BR,1BA$1.21
Colony Bay Apartments,LLC1 BR 1 BA Apartment1BR,1BA$1.07
Poplar Ridge Apartments1x1 Classic1BR,1BA$1.32

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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

School data provided by Great Schools

Frequently Asked Questions about Southwest Fort Wayne

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

There are currently 162 Apartments for Rent in Southwest Fort Wayne, IN with pricing that ranges from $565 to $4,963. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Fort Wayne ranging from $550 to $2,550.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Fort Wayne ranges from $550 to $2,550 with an average monthly rent of $1,213.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Fort Wayne range from $995 to $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $1,765.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!