Cheap Homes for Rent in South Fort Wayne Neighborhood of Fort Wayne, IN from $600 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2401 Miner St

2401 Miner St

Fort WayneIN46807

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.

Read Article
property at 2015 Vance Ave

2015 Vance Ave

Fort WayneIN46805
Showing Results 1-37, Page 1 of 1

South Fort Wayne, Fort Wayne, IN Local Guide

Cheapest Available South Fort Wayne Apartments for Rent

 

The cheapest available apartment rental in the South Fort Wayne area of Fort Wayne, IN is a Studio unit found at Sheridan Court Apartments priced from $535. The Meridian (Waterloo Gardens) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable South Fort Wayne apartments for rent in Fort Wayne, IN:

Apartment ListingModel NameBed/BathPriced From
Sheridan Court ApartmentsStudio, 1 bathStudio,1BA$535
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589
Fulton Manor0BR/1.0BAStudio,1BA$635
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$675
The Huntington1 Bed, 1 bath1BR,1BA$685
River Pointe TownhomesCozy Corner! Your Perfect 1 Bedroom Apartment!1BR,1BA$699
Jackson Manor ApartmentsOne Bedroom1BR,1BA$715
Black Pine Flats1BR/1BA Classic1BR,1BA$725
Hickory Creek1 Bedroom Flat1BR,1BA$750

Best Value Apartments for Rent in South Fort Wayne, IN

As of April 22, 2025 the best value apartment in the South Fort Wayne 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 South Fort Wayne apartment is the CLA 3BR/2.5BA TH W/Patio Model at Coventry Court Townhomes starting at $1,450 with a $0.93 price per square foot in the Southwest Fort Wayne neighborhood. Here is today’s list of the best values for South Fort Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.85
Coventry Court TownhomesCLA 3BR/2.5BA TH W/Patio3BR,2.5BA$0.93
CANTERBURY GREENGeorgian2BR,2BA$0.97
Fairview CourtTwo Bedroom Townhome2BR,1.5BA$0.93
Brentwood Park ApartmentsMalibu2BR,1.5BA$1.04
South Bridge ApartmentsTwo Bedroom One Bath Stackable Washer/Dryer2BR,1BA$1.08
St Joe Place2x22BR,2BA$0.80
Villa Capri ApartmentsPrato1BR,1BA$0.81
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$1.04
Sheridan Court ApartmentsStudio, 1 bathStudio ,1BA$1.02

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about South Fort Wayne

What type of rentals are currently available in South Fort Wayne?

There are currently 293 Apartments for Rent in South Fort Wayne, IN with pricing that ranges from $425 to $4,863. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Fort Wayne ranging from $649 to $2,695.

What is the current price range for Rental Homes in South Fort Wayne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Fort Wayne ranges from $649 to $2,695 with an average monthly rent of $1,217.

How much are larger Three and Four Bedroom Rentals in South Fort Wayne?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Fort Wayne range from $806 to $4,863, while Three Bedroom Homes, Condos, and Townhomes for rent range from $825 to $2,399. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $600.

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.