
Cheap Homes for Rent in the Southwest Neighborhood of Fort Wayne, IN from $600 (33 Rentals)
Search the lowest-cost Homes available for rent right now in the Southwest area of Fort Wayne.


628 1/2 3rd St

201 E Woodland Ave

1930 Lafayette St

1611 Cass St

1918 Riedmiller Ave

1229 Wall St

1141 Kinnaird Ave
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.

2401 Miner St

345 Kinnaird Ave

1119 Michigan Ave

309 W Williams St

1415 N Harrison St

129 E Woodland Ave

1631 Sherman Blvd

347 W Williams St
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.

215 W Masterson Ave

2605 Westward Dr

1419 St Marys Ave

2406 Waynewood Dr, Unit Duplicate of 8

1421 St Marys Ave

3201 Dinnen Ave

12204 Indianapolis Rd

822 Nuttman Ave
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.

720 Davis St

130 N Gerke Ave

7532 W Jefferson Blvd

1402 3rd St

1221 Wefel St

432 W Butler St

457 Nussbaum Ave

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.

3405 Dalevue Dr
Southwest, Fort Wayne, IN Local Guide

How much does it cost to rent a home in Southwest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest 2 Bedroom Homes for Rent | $1,052 | $700 | $1,500 |
| Southwest 3 Bedroom Homes for Rent | $1,392 | $1,050 | $2,300 |
| Southwest 4 Bedroom Homes for Rent | $1,347 | $1,100 | $1,500 |
| Southwest 5 Bedroom Homes for Rent | $1,725 | $1,725 | $1,725 |
Browse Homes for Rent in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Southwest Neighborhood of Fort Wayne, IN.
Explore Fort Wayne
Southwest, Fort Wayne, IN Local Guide
- Nearby Fort Wayne neighborhoods
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Cheapest Available Southwest Apartments for Rent
 The cheapest available apartment rental in the Southwest area of Fort Wayne, IN is a Studio unit found at Waynedale Village Apartments priced from $689. Rockhill Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Southwest apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waynedale Village Apartments | Studio | Studio,1BA | $689 |
| Rockhill Manor | 1BR/1.0BA | 1BR,1BA | $765 |
| Poplar Ridge Apartments | Studio Upgrade | Studio,1BA | $769 |
| Colony Bay Apartments,LLC | 1 BR 1 BA Apartment | 1BR,1BA | $770 |
| 601 W Wayne St | 1BR/1.0BA | 1BR,1BA | $799 |
| 7409 Bradbury Ave | 1BR/1.0BA | 1BR,1BA | $799 |
| Willow Creek Crossing | The Pullman | 1BR,1BA | $820 |
| The Riv on the Greenway! | 1BR/1.0BA | 1BR,1BA | $845 |
| Time Corners Crossing | 1 Bedroom | 1BR,1BA | $856 |
| The Cottages at Bridgewater (Senior 55+) | 1 Bedroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Southwest, IN
As of September 10, 2026 the best value apartment in the Southwest area is the $0.87 price per square foot Townhome Model at Anam Villas in the in the Southwest Fort Wayne neighborhood starting from $1,795. The second greatest value Southwest apartment is the CLA 3BR/2.5BA Townhome Model at Coventry Court Townhomes starting at $1,379 with a $0.84 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Southwest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Anam Villas | Townhome | 3BR,2.5BA | $0.87 |
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome | 3BR,2.5BA | $0.84 |
| 701 runnion ave, Unit 703 Runnion | 701 runnion ave | 3BR,1.5BA | $0.78 |
| Homestead Townhomes | 3 Bedroom | 3BR,2.5BA | $1.20 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1.5BA | $1.05 |
| Fairview Court Apartments | 2x1.5 Down Reno | 2BR,1.5BA | $1.19 |
| Autumn Creek Apartment Homes | 2B2B-HYB | 2BR,2BA | $1.10 |
| Colony Bay Apartments,LLC | 1 bedroom | 2BR,2BA | $1.22 |
| 817 W Wayne St, Unit 817 W Wayne- Unit 1 | 817 W Wayne St | 1BR,1BA | $1.18 |
| Willow Creek Crossing | The Pullman | 1BR,1BA | $1.21 |
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 LifestyleSouthwest, Fort Wayne, IN
Ranked #3
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southwest, Fort Wayne, IN
Lafayette Meadow School
Homestead Senior High School
School data provided by Great Schools
Frequently Asked Questions about Southwest
What type of rentals are currently available in Southwest?
There are currently 171 Apartments for Rent in Southwest, IN with pricing that ranges from $600 to $14,404. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest ranging from $600 to $2,300.
What is the current price range for Rental Homes in Southwest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest ranges from $600 to $2,300 with an average monthly rent of $1,135.
How much are larger Three and Four Bedroom Rentals in Southwest?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest range from $895 to $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,300. 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

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.