Cheap Apartments for Rent in Fort Wayne, IN from $300 (145 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fort Wayne.

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Fort Wayne, IN Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Fort Wayne, IN

Pricing Updated: 05/17/2025

Current apartment rentals in the Fort Wayne, IN area range in price from $550 to $2,695 with an overall median price of $1,681. The three Fort Wayne neighborhoods with the lowest median rent pricing are Rolling Rose at $950, Indian Village at $1,025, and Fairfield Terrace Belmont at $1,149. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fort Wayne Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Rolling Rose$950$9501
Indian Village$1,025$1,0251
Fairfield Terrace Belmont$1,149$1,1491
Summer Meadows$1,170$1,1701
Villas of the Marketplace$1,170$1,1701
New Glenwood$1,199$1,1991
Woodmark$1,199$1,1991
East Side Community$1,250$55040
Memorial Park$1,250$55037
Southeast Fort Wayne$1,250$70029

Cheapest Available Fort Wayne Apartments for Rent

 

The cheapest available apartment rental in Fort Wayne, IN is a Studio unit found at Sheridan Court Apartments in the Southwest Fort Wayne neighborhood priced from $535. Yugo Fort Wayne Arch in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Fort Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sheridan Court ApartmentsStudio, 1 bathStudio,1BA$535
Yugo Fort Wayne Arch3 Bed, 3 Bath Plus3BR,3BA$549
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Poplar Ridge ApartmentsFlat ApartmentStudio,1BA$650
The Huntington1 Bed, 1 bath1BR,1BA$665
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$675
Waynedale Village ApartmentsStudioStudio,1BA$679
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$699

Best Value Apartments for Rent in Fort Wayne, IN

As of May 17, 2025 the best value apartment in the Fort Wayne area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Fort Wayne apartment is the CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes starting at $1,450 with a $0.93 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Fort Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.85
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
CANTERBURY GREENMarlowe3BR,2BA$1.05
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
9115 Fritz Rd, Unit 19115 Fritz Rd1BR,1BA$1.00
Yugo Fort Wayne Arch2 Bed, 2 Bath Plus2BR,2BA$0.66
St Joe Place2x22BR,2BA$0.80
Villa Capri ApartmentsPrato1BR,1BA$0.81
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$1.04
Sheridan Court ApartmentsStudio, 1 bathStudio ,1BA$1.02

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Fort Wayne Overview

As the second largest city in Indiana, Fort Wayne is widely known for its Hoosier hospitality and high quality of living. Recognized as an All-American City and a Most Livable City, the low cost of living is a definite draw. Fort Wayne apartments options abound in diversity. Choose from apartments in historic buildings and landmarks to recently restored homes, or choose from a variety of chic and modern living options or traditional apartment living. The area is known for spacious rentals with an array of amenities for prices well below what you would expect. Whether you are searching for a pet-friendly community with a dog park or a community rich with activity and resort-style amenities, Ft. Wayne offers the best in apartment living to fit any lifestyle or stage of life.

Why live in Fort Wayne, IN?

Ft. Wayne is a great place to live for many reasons, including below average cost of living when it comes to housing, groceries and transportation. Top employers include Lincoln Financial, General Motors, Parkview Health System, and Lutheran Health Network. Residents enjoy one of the lowest state income tax rates in the country.

Fort Wayne, IN
Population: 267,633

Ranked #77

in US Census Population by City

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Pet Friendly Lifestyle
Fort Wayne, IN

Ranked #4

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Fort Wayne, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Fort Wayne, IN Rentals by Map

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See the most popular apartments and homes in Fort Wayne, IN

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Getting Around Fort Wayne, IN

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Fort Wayne Apartments

What is the Cheapest Studio apartment in Fort Wayne?

Currently the most affordable Cheap Studio Apartment in Fort Wayne is at Sheridan Court Apartments listed at $535.

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

The lowest price for a Cheap One Bedroom Fort Wayne Apartment is $550 at The Meridian (Waterloo Gardens).

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

Today's best deal for a Cheap Two Bedroom Apartment in Fort Wayne is starting from $619 at Yugo Fort Wayne Arch.

What is the most affordable Fort Wayne Three Bedroom Apartment?

The best deal on a cheap Fort Wayne Three Bedroom Apartment rental is at Yugo Fort Wayne Arch and starts from $549.

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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