Cheap Homes for Rent in Five Points Neighborhood of Fort Wayne, IN from $600 (18 Rentals)

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

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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

Best Value Apartments for Rent in Five Points, IN

As of April 03, 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 Cooper 4 Model at Centlivre Nickelplate starting at $1,616 with a $1.55 price per square foot in the Northwest 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
Centlivre NickelplateCooper 42BR,2BA$1.55
Centlivre The CrownVesey 5 ADA1BR,1BA$1.60
Northcrest GardensTwo Bedroom2BR,1.5BA$1.43
The Summit at Ridgewood Apartment and TownhomesOne Bedroom- 629 sqft1BR,1BA$1.28
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$1.18
West Wind ApartmentsStandard One Bedroom1BR,1BA$1.42
Sheridan Court ApartmentsStudio, 1 bathStudio ,1BA$1.02
The Huntington1 Bed, 1 bath1BR,1BA$1.32
Garrison Flats1 Bedroom1BR,1BA$1.42

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Frequently Asked Questions about Five Points

What type of rentals are currently available in Five Points?

There are currently 110 Apartments for Rent in Five Points, IN with pricing that ranges from $525 to $4,863. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $649 to $2,200.

What is the current price range for Rental Homes in Five Points?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points ranges from $649 to $2,200 with an average monthly rent of $1,267.

How much are larger Three and Four Bedroom Rentals in Five Points?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Five Points range from $845 to $4,863, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,199.

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.