
Cheap Apartments for Rent in the Southwood Park Neighborhood of Fort Wayne, IN from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwood Park area of Fort Wayne.


Bridgedale Terrace Apartments

Waynedale Village Apartments

Jackson Manor Apartments

Willow Creek Crossing

Black Pine Flats

Hickory Creek Apartments
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.

Total Monthly Price
2441 Sandpoint Rd, Unit Apartment 2, Unit Apartment 2

The Elex

Total Monthly Price
2202 Brooklyn Ave, Unit Apt C, Unit Apt C

Foster Park Apartments

South Bridge Apartments

Coral Club Apartments

Coventry Court Townhomes
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.

Autumn Creek Apartment Homes

Fairview Court Apartments

Total Monthly Price
1110 W Wayne St

2406 Waynewood Dr, Unit Duplicate of 8

Total Monthly Price
1312 Park Ave, Unit #1, Unit #1

Woodhaven Oaks

2220 Nuttman Ave
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.

2212 Nuttman Ave
Southwood Park, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Southwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwood Park Studio Apartments | $904 | $659 | $1,235 |
| Southwood Park 1 Bedroom Apartments | $1,245 | $620 | $1,808 |
| Southwood Park 2 Bedroom Apartments | $1,546 | $739 | $2,608 |
| Southwood Park 3 Bedroom Apartments | $1,993 | $946 | $4,448 |
| Southwood Park 4 Bedroom Apartments | $1,793 | $1,765 | $1,822 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Southwood Park Neighborhood of Fort Wayne, IN.
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Southwood Park, Fort Wayne, IN Local Guide
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Cheapest Available Southwood Park Apartments for Rent
 The cheapest available apartment rental in the Southwood Park area of Fort Wayne, IN is a 1 Bed unit found at Villa Capri Apartments priced from $620. Waynedale Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $759. Here are the most affordable Southwood Park apartments for rent in Fort Wayne, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Capri Apartments | Prato | 1BR,1BA | $620 |
| Waynedale Village Apartments | One Bed | 1BR,1BA | $759 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
| Black Pine Flats | 1 bedroom classic 504 | 1BR,1BA | $799 |
| Willow Creek Crossing | The Pullman | 1BR,1BA | $820 |
Best Value Apartments for Rent in Southwood Park, IN
As of April 16, 2026 the best value apartment in the Southwood Park area is the $0.90 price per square foot CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,399. The second greatest value Southwood Park apartment is the 1110 W Wayne St Model at 1110 W Wayne St starting at $1,100 with a $0.85 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Southwood Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome W/Patio | 3BR,2.5BA | $0.90 |
| 1110 W Wayne St | 1110 W Wayne St | 2BR,1BA | $0.85 |
| 1312 Park Ave, Unit #1 | 1312 Park Ave | 2BR,1BA | $0.80 |
| Fairview Court Apartments | 2x1.5 Townhome Classic | 2BR,1.5BA | $0.94 |
| 2202 Brooklyn Ave, Unit Apt C | 2202 Brooklyn Ave | 2BR,1BA | $0.87 |
| Coral Club Apartments | 2X1.5 Up Reno W/ W/D | 2BR,1.5BA | $1.37 |
| Autumn Creek Apartment Homes | 1B1B - UPG | 1BR,1BA | $1.29 |
| Foster Park Apartments | 1 Bed Classic | 1BR,1BA | $1.16 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| Willow Creek Crossing | The Pullman | 1BR,1BA | $1.21 |
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.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 LifestyleSouthwood Park, Fort Wayne, IN
Ranked #43
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Southwood Park Apartments
What is the price of a cheap apartment in Southwood Park?
The cheapest apartment in Southwood Park is Villa Capri Apartments which is listed at $620, while the average apartment in Southwood Park costs $10,226.
What types of apartments are the cheapest in Southwood Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Southwood Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Southwood Park?
Cheap apartments in Southwood Park have an average cost of $117 which is $10,109 cheaper than the average rent for all rentals in Southwood Park.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.

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.