Cheap Apartments for Rent in Fort Wayne, IN from $300 (142 Rentals)

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Fort Wayne, IN Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Fort Wayne, IN

Pricing Updated: 03/27/2025

Current apartment rentals in the Fort Wayne, IN area range in price from $550 to $4,950 with an overall median price of $1,753. The three Fort Wayne neighborhoods with the lowest median rent pricing are Fall Creek at $900, Reckeweg Road at $925, and Westwood Fairway at $925. 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
Fall Creek$900$90019
Reckeweg Road$925$92518
Westwood Fairway$925$92518
Fairfield Terrace Belmont$950$95056
Indian Village$1,075$1,07541
Southwood Park$1,095$1,09542
Northcrest$1,200$1,20022
Summer Meadows$1,200$1,20019
Villas of the Marketplace$1,237$1,20039
Greater McMillen Park$1,350$1,10086

Cheapest Available Fort Wayne Apartments for Rent

 

The cheapest available apartment rental in Fort Wayne, IN is a 3 Beds unit found at Yugo Fort Wayne Arch in the Northeast Fort Wayne neighborhood priced from $549. The Meridian in the Southeast Fort Wayne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Fort Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yugo Fort Wayne Arch3 Bed, 3 Bath Plus3BR,3BA$549
The MeridianStandard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589
Fulton Manor - Utilities IncludedStudioStudio,1BA$615
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Poplar Ridge ApartmentsFlat ApartmentStudio,1BA$650
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$675
The Huntington1 Bed, 1 bath1BR,1BA$685
Graystone ApartmentsGraystone Apartments1BR,1BA$690
Garrison Flats1 Bedroom1BR,1BA$695

Best Value Apartments for Rent in Fort Wayne, IN

As of March 27, 2025 the best value apartment in the Fort Wayne area is the $0.91 price per square foot 4060 Bradley Dr Model at 4060 Bradley Dr in the in the Northwest Fort Wayne neighborhood starting from $2,400. The second greatest value Fort Wayne apartment is the 2 Bed 2 Bath Model at Morada at Maysville starting at $1,799 with a $0.85 price per square foot in the North 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.
4060 Bradley Dr4060 Bradley Dr5BR,3BA$0.91
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.85
Evard Place - Solar PoweredTownhomes3BR,2.5BA$1.05
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
CANTERBURY GREENMarlowe3BR,2BA$1.07
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
Yugo Fort Wayne Arch2 Bed, 2 Bath Plus2BR,2BA$0.66
St Joe Place2x22BR,2BA$0.77
Villa Capri ApartmentsPrato1BR,1BA$0.81
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$1.04

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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 Fulton Manor - Utilities Included listed at $615.

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.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.