
Cheap Apartments for Rent in the Lake Forest Neighborhood of Fort Wayne, IN from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Fort Wayne.


Blackhawk Apartments

Arbor Lakes Apartments

CANTERBURY GREEN

Community at Triangle Park

Port O'Call Apartments
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.
Lake Forest, Fort Wayne, IN Local Guide

How much does it cost to rent an apartment in Lake Forest?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Forest Studio Apartments | $893 | $835 | $1,002 |
Lake Forest 1 Bedroom Apartments | $1,057 | $610 | $1,560 |
Lake Forest 2 Bedroom Apartments | $1,178 | $619 | $1,799 |
Lake Forest 3 Bedroom Apartments | $1,220 | $539 | $1,703 |
Lake Forest 4 Bedroom Apartments | $600 | $600 | $600 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Lake Forest Neighborhood of Fort Wayne, IN.
See all Apartments in Fort WayneExplore Fort Wayne
Lake Forest, Fort Wayne, IN Local Guide
- Nearby Fort Wayne neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lake Forest Apartments for Rent
 The cheapest available apartment rental in the Lake Forest area of Fort Wayne, IN is a 3 Beds unit found at Yugo Fort Wayne Arch priced from $549. Blackhawk Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable Lake Forest apartments for rent in Fort Wayne, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Yugo Fort Wayne Arch | 3 Bed, 3 Bath Plus | 3BR,3BA | $549 |
Blackhawk Apartments | Aspen | 1BR,1BA | $784 |
CANTERBURY GREEN | Westgate | 1BR,1BA | $897 |
Best Value Apartments for Rent in Lake Forest, IN
As of April 27, 2025 the best value apartment in the Lake Forest area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Lake Forest apartment is the 2 Bed, 2 Bath Plus Model at Yugo Fort Wayne Arch starting at $629 with a $0.66 price per square foot in the Northeast Fort Wayne neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Morada at Maysville | 2 Bed 2 Bath | 2BR,2BA | $0.85 |
Yugo Fort Wayne Arch | 2 Bed, 2 Bath Plus | 2BR,2BA | $0.66 |
Windsor Oaks | The Cedar | 1BR,1BA | $1.26 |
St Joe Place | 2x2 | 2BR,2BA | $0.80 |
CANTERBURY GREEN | Westgate | 1BR,1BA | $1.23 |
41 North Senior Living | 1 Bed 1 Bath | 1BR,1BA | $1.97 |
Blackhawk Apartments | Chestnut | 1BR,1BA | $1.44 |
Woodview Manor Apartments | Picasso | 1BR,1BA | $1.81 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleLake Forest, Fort Wayne, IN
Ranked #66
Among neighborhoods in Fort Wayne, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Lake Forest Neighborhood in Fort Wayne, IN
Walk Score®
70 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
50 / 100
Bikeable
Some bike infrastructure
Transit Score®
24 / 100
Minimal Transit
It may be possible to get on a bus
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 Lake Forest Apartments
What is the price of a cheap apartment in Lake Forest?
The cheapest apartment in Lake Forest is Blackhawk Apartments which is listed at $784, while the average apartment in Lake Forest costs $1,321.
What types of apartments are the cheapest in Lake Forest?
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 13 regular apartments in Lake Forest 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 Lake Forest?
Cheap apartments in Lake Forest have an average cost of $394 which is $927 cheaper than the average rent for all rentals in Lake Forest.
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.