Cheap Apartments for Rent in the Five Points Neighborhood of Fort Wayne, IN from $400 (51 Rentals)

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

property at 1014 Huffman St

1014 Huffman St

Fort WayneIN46808
property at 1520 E Berry St

1520 E Berry St

Fort WayneIN46803
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439 E Wayne St
Studio to 1 Bedroom Apartments

439 E Wayne St

439 E Wayne StFort Wayne, IN 46802
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Tara Cooperative, Inc.
1 to 4 Bedroom Apartments

Tara Cooperative, Inc.

350 E Essex LnFort Wayne, IN 46825
  • Utilities Included
  • Smoke Free
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Chase Manor Apartments
2 Bedroom Apartments

Chase Manor Apartments

641-649 Tennessee AveFort Wayne, IN 46805
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729 Fulton St
Studio to 1 Bedroom Apartments

729 Fulton St

729 Fulton StFort Wayne, IN 46802
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Randall Lofts
2 Bedroom Apartments

Randall Lofts

616 S Harrison StFort Wayne, IN 46802
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Northcrest Apartments
2 Bedroom Apartments

Northcrest Apartments

4824 Northcrest DrFort Wayne, IN 46825
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The Landing
Studio to 1 Bedroom Apartments

The Landing

118 W Columbia StFort Wayne, IN 46802
  • Utilities Included

Five Points, Fort Wayne, IN Local Guide

Cheapest Available Five Points Apartments for Rent

 

The cheapest available apartment rental in the Five Points area of Fort Wayne, IN is a Studio unit found at Sheridan Court Apartments priced from $535. The Huntington has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here are the most affordable Five Points apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Sheridan Court ApartmentsStudio, 1 bathStudio,1BA$535
The Huntington1 Bed, 1 bath1BR,1BA$685
Garrison Flats1 Bedroom1BR,1BA$695
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$699
Three Rivers Apartmentss01a - Saint IveStudio,1BA$775
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$795
West Wind ApartmentsStandard One Bedroom1BR,1BA$805
Graystone LandingCentre 1 bed/1bath1BR,1BA$875
Northcrest GardensTwo Bedroom2BR,1BA$999
Woodview Manor ApartmentsPicasso1BR,1BA$1,050

Best Value Apartments for Rent in Five Points, IN

As of April 10, 2025 the best value apartment in the Five Points area is the $1.29 price per square foot 1632 N Wells St Model at 1632 N Wells St, Unit Upper in the in the Southwest Fort Wayne neighborhood starting from $1,675. The second greatest value Five Points apartment is the 1515 W Main St Model at 1515 W Main St, Unit The Vibe - 201 starting at $1,495 with a $1.30 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for Five Points apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1632 N Wells St, Unit Upper1632 N Wells St2BR,2BA$1.29
1515 W Main St, Unit The Vibe - 2011515 W Main St2BR,1BA$1.30
Centlivre NickelplateCooper 42BR,2BA$1.55
Northcrest GardensTwo Bedroom2BR,1.5BA$1.43
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$1.26
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$1.18
West Wind ApartmentsStandard One Bedroom1BR,1BA$1.41
Sheridan Court ApartmentsStudio, 1 bathStudio ,1BA$1.02
The Huntington1 Bed, 1 bath1BR,1BA$1.32
Garrison Flats1 Bedroom1BR,1BA$1.42

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Five Points, Fort Wayne, IN

Ranked #19

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Indiana including Five Points, Fort Wayne, and the greater Fort Wayne area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Five Points Neighborhood in Fort Wayne, IN

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Five Points Apartments

What is the Cheapest Studio apartment in Five Points?

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

How much is rent for a Cheap One Bedroom Five Points Apartment?

The lowest price for a Cheap One Bedroom Five Points Apartment is $685 at The Huntington.

What is the lowest price for a Cheap Two Bedroom Five Points Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Five Points is starting from $749 at River Pointe Townhomes.

What is the most affordable Five Points Three Bedroom Apartment?

The best deal on a cheap Five Points Three Bedroom Apartment rental is at River Pointe Townhomes and starts from $949.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.