Cheap Apartments for Rent in the Casselwood Terrace Neighborhood of Fort Wayne, IN from $500 (10 Rentals)

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

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Casselwood Terrace, Fort Wayne, IN Local Guide

Cheapest Available Casselwood Terrace Apartments for Rent

 

The cheapest available apartment rental in the Casselwood Terrace area of Fort Wayne, IN is a 1 Bed unit found at The Meridian (Waterloo Gardens) priced from $550. Villa Capri Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $589. Here are the most affordable Casselwood Terrace apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$675

Best Value Apartments for Rent in Casselwood Terrace, IN

As of April 26, 2025 the best value apartment in the Casselwood Terrace 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 Casselwood Terrace apartment is the 2 Bedroom | Renovated Model at The Village at Wayne Trace Homes starting at $1,502 with a $1.13 price per square foot in the Southeast Fort Wayne neighborhood. Here is today’s list of the best values for Casselwood Terrace 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
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.13
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
South Bridge ApartmentsTwo Bedroom One Bath Stackable Washer/Dryer2BR,1BA$1.07
Coral Club Apartments2BD - 1.5B2BR,1.5BA$1.26
Villa Capri ApartmentsPrato1BR,1BA$0.81
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$1.04
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$1.18
Black Pine Flats1BR/1BA Renovated1BR,1BA$1.84
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$1.65

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Pet Friendly Lifestyle
Casselwood Terrace, Fort Wayne, IN

Ranked #86

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Casselwood Terrace Neighborhood in Fort Wayne, IN

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Casselwood Terrace Apartments

What is the price of a cheap apartment in Casselwood Terrace?

The cheapest apartment in Casselwood Terrace is The Meridian (Waterloo Gardens) which is listed at $550, while the average apartment in Casselwood Terrace costs $1,199.

What types of apartments are the cheapest in Casselwood Terrace?

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 10 regular apartments in Casselwood Terrace 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 Casselwood Terrace?

Cheap apartments in Casselwood Terrace have an average cost of $172 which is $1,027 cheaper than the average rent for all rentals in Casselwood Terrace.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.