
Cheap Homes for Rent in Five Points Neighborhood of Fort Wayne, IN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points area of Fort Wayne.


310 3rd St

729 Columbia Ave

1716 Franklin Ave

1109 Edgewater Ave

2723 N Wells St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Five Points, Fort Wayne, IN Local Guide

How much does it cost to rent a home in Five Points?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Five Points 2 Bedroom Homes for Rent | $1,178 | $900 | $1,600 |
Five Points 3 Bedroom Homes for Rent | $1,616 | $1,100 | $2,399 |
Five Points 4 Bedroom Homes for Rent | $1,297 | $1,100 | $1,495 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Five Points Neighborhood of Fort Wayne, IN.
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Five Points, Fort Wayne, IN Local Guide
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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. Fulton Manor has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here are the most affordable Five Points apartments for rent in Fort Wayne, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sheridan Court Apartments | Studio, 1 bath | Studio,1BA | $535 |
Fulton Manor | 0BR/1.0BA | Studio,1BA | $645 |
The Huntington | 1 Bed, 1 bath | 1BR,1BA | $665 |
Best Value Apartments for Rent in Five Points, IN
As of April 29, 2025 the best value apartment in the Five Points area is the $1.30 price per square foot 1515 W Main St Model at 1515 W Main St, Unit The Vibe - 201 in the in the Southwest Fort Wayne neighborhood starting from $1,495. The second greatest value Five Points apartment is the Wayne Model at Superior Lofts starting at $1,650 with a $1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1515 W Main St, Unit The Vibe - 201 | 1515 W Main St | 2BR,1BA | $1.30 |
Superior Lofts | Wayne | 2BR,2BA | $1.44 |
Centlivre Nickelplate | Cooper 4 | 2BR,2BA | $1.55 |
Northcrest Gardens | Two Bedroom | 2BR,1BA | $1.28 |
The Summit at Ridgewood Apartment and Townhomes | One Bedroom- 629 sqft | 1BR,1BA | $1.25 |
River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment! | 1BR,1BA | $1.18 |
West Wind Apartments | Standard One Bedroom | 1BR,1BA | $1.41 |
Sheridan Court Apartments | Studio, 1 bath | Studio ,1BA | $1.02 |
The Huntington | 1 Bed, 1 bath | 1BR,1BA | $1.28 |
Jackson Manor Apartments | One Bedroom | 1BR,1BA | $1.57 |
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Frequently Asked Questions about Five Points
What type of rentals are currently available in Five Points?
There are currently 116 Apartments for Rent in Five Points, IN with pricing that ranges from $535 to $4,863. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points ranging from $700 to $2,399.
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 $700 to $2,399 with an average monthly rent of $1,250.
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 $1,100 to $2,399. Four Bedroom Single-Family rentals are also available starting from $1,100 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.

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.

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.

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.

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.