Cheap Apartments for Rent in the Southwood Park Neighborhood of Fort Wayne, IN from $400 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwood Park area of Fort Wayne.

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.

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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Foster Park Apartments
1 to 2 Bedroom Apartments

Foster Park Apartments

6440 Fairfield AveFort Wayne, IN 46807
  • Utilities Included
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Fairfield Gardens
2 Bedroom Apartments

Fairfield Gardens

6300 Fairfield AveFort Wayne, IN 46807
  • Utilities Included
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Indian Village Manor
1 to 2 Bedroom Apartments

Indian Village Manor

2121 Engle RdFort Wayne, IN 46809
  • Utilities Included

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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2212 Nuttman Ave
2 Bedroom Apartments

2212 Nuttman Ave

2212 Nuttman AveFort Wayne, IN 46809
  • Utilities Included
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2220 Nuttman Ave
2 Bedroom Apartments

2220 Nuttman Ave

2220 Nuttman AveFort Wayne, IN 46809

Southwood Park, Fort Wayne, IN Local Guide

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 $514. Waynedale Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $659. Here are the most affordable Southwood Park apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$514
Waynedale Village ApartmentsStudioStudio,1BA$659
Garrison Flats1 Bedroom1BR,1BA$695
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$699
Black Pine Flats1BR/1BA Classic1BR,1BA$750

Best Value Apartments for Rent in Southwood Park, IN

As of July 06, 2025 the best value apartment in the Southwood Park area is the $0.93 price per square foot CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes in the in the Southwest Fort Wayne neighborhood starting from $1,450. The second greatest value Southwood Park apartment is the Two Bedroom Townhome Model at Fairview Court starting at $1,025 with a $0.93 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
Autumn Creek Apartment Homes2B2B-UPG2BR,2BA$1.24
South Bridge ApartmentsTwo Bedroom One Bath Stackable Washer/Dryer2BR,1BA$1.06
Coral Club Apartments2BD - 1.5B2BR,1.5BA$1.32
Villa Capri ApartmentsPrato1BR,1BA$0.71
The Elex1 Bed, 1 bath1BR,1BA$1.05
Bluffton Park ApartmentsFire Up the Grill… and This Hot Move-In Offer!1BR,1BA$1.24
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!!...1BR,1BA$1.18
Hickory Creek1 Bedroom Flat1BR,1BA$1.35

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
Southwood Park, Fort Wayne, IN

Ranked #61

Among neighborhoods in Fort Wayne, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Southwood Park Neighborhood in Fort Wayne, IN

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Southwood Park Apartments

What is a cheap apartment in Southwood Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwood Park is under $800.

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 $514, while the average apartment in Southwood Park costs $1,442.

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 $141 which is $1,301 cheaper than the average rent for all rentals in Southwood Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.