Best Affordable Neighborhoods in Fort Wayne, IN

Some of the cheapest neighborhoods in Fort Wayne are South Suburban, Brentwood Park, and Brookside/Parkerdale. These neighborhoods offer some of the lowest rent prices in Fort Wayne, making them ideal for renters on a budget. As of April 28, 2026, the average rent in Fort Wayne is $1,009, which is 3.8% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

South Suburban

Average Rent

$838/Month

Year-Over-Year Rent Change

8.7%

Units Available

13 Rentals

When you’re looking for a great Fort Wayne neighborhood on a budget, check out South Suburban. The average rent is $838, compared to the city average of $1,009. Rent prices have increased by 8.7%. South Suburban is convenient to Fort Wayne International, E.C. Schouweller Planetarium, and Fox Island County Park.

Brentwood Park

Average Rent

$881/Month

Units Available

12 Rentals

Brentwood Park is an affordable neighborhood in Fort Wayne with an average rent price of $881. Compare this to the city average of $1,009. Brentwood Park provides easy access to Ivy Tech. C.C., Coliseum, Fort Wayne Children's Zoo, and East State Plaza.

Brookside/Parkerdale

Average Rent

$881/Month

Year-Over-Year Rent Change

2.8%

Units Available

10 Rentals

Brookside/Parkerdale is a peaceful, residential neighborhood offering spacious homes and access to local parks and schools. Renters will enjoy the quiet environment and proximity to shopping and dining options. The neighborhood is perfect for families and individuals seeking a suburban lifestyle.

Eldorado Hills

Average Rent

$881/Month

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Fort Wayne, Eldorado Hills might be the perfect place! It has an average rent price of $881, while the city’s average stands at $1,009. Eldorado Hills is near St. Joe Village, Indiana Tech, and Fort Wayne Children's Zoo.

North Anthony

Average Rent

$889/Month

Year-Over-Year Rent Change

2.2%

Units Available

24 Rentals

North Anthony is a charming neighborhood located near the university area, offering a mix of residential homes and local businesses. Renters will enjoy the lively atmosphere and access to parks, shops, and dining. The area is perfect for students and professionals seeking a lively community with suburban charm.

Glenwood Park

Average Rent

$894/Month

Units Available

13 Rentals

Glenwood Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glenwood Park is $894 while the city average is $1,009. Residents enjoy convenient access to Indiana Tech, Science Central, and Metea County Park.

Bass-Leesburg Civic

Average Rent

$920/Month

Units Available

39 Rentals

When you’re looking for a great Fort Wayne neighborhood on a budget, check out Bass-Leesburg Civic. The average rent is $920, compared to the city average of $1,009. Bass-Leesburg Civic is convenient to E.C. Schouweller Planetarium, Ivy Tech. C.C., Coliseum, and Science Central.

Harris Meadows

Average Rent

$920/Month

Units Available

39 Rentals

Harris Meadows is an affordable neighborhood in Fort Wayne with an average rent price of $920. Compare this to the city average of $1,009. Harris Meadows provides easy access to Univ. of St Francis, Ft Wayne, Purdue Fort Wayne, and Olympia Village.

North Franke Park

Average Rent

$920/Month

Year-Over-Year Rent Change

2.3%

Units Available

39 Rentals

North Franke Park is a neighborhood known for its proximity to Franke Park and the Fort Wayne Children's Zoo. Renters will enjoy the green spaces, walking trails, and access to recreational activities. The area is perfect for those seeking a suburban lifestyle with easy access to outdoor amenities.

Northside

Average Rent

$955/Month

Year-Over-Year Rent Change

0.6%

Units Available

18 Rentals

If you’re looking for a great, affordable neighborhood in Fort Wayne, Northside might be the perfect place! It has an average rent price of $955, while the city’s average stands at $1,009. In the last year, prices have increased by 0.6%. Northside is near Science Central, Purdue Fort Wayne, and Foellinger-Freimann Botanical Conservatory.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.