Cheapest Neighborhoods in Fort Wayne, IN
Some of the cheapest neighborhoods in Fort Wayne are South Suburban, North Anthony, and Northside. These neighborhoods offer some of the lowest rent prices in Fort Wayne, making them ideal for renters on a budget. As of September 11, 2026, the average rent in Fort Wayne is $1,046, which is 5.8% 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
$815/Month
Year-Over-Year Rent Change
6.6%
Units Available
11 Rentals
South Suburban is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Suburban is $815 while the city average is $1,046. This is a 6.6% difference from last year. Residents enjoy convenient access to Fort Wayne Children's Zoo, Univ. of St Francis, Ft Wayne, and Science Central.
North Anthony
Average Rent
$896/Month
Year-Over-Year Rent Change
0.3%
Units Available
23 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.
Northside
Average Rent
$944/Month
Year-Over-Year Rent Change
1.1%
Units Available
22 Rentals
When you’re looking for a great Fort Wayne neighborhood on a budget, check out Northside. The average rent is $944, compared to the city average of $1,046. Rent prices have increased by 1.1%. Northside is convenient to Foellinger-Freimann Botanical Conservatory, Nature's Corner Shopping Center, and 3105 N Anthony Blvd.
South Fort Wayne
Average Rent
$969/Month
Year-Over-Year Rent Change
11%
Units Available
34 Rentals
South Fort Wayne is a diverse neighborhood offering a mix of affordable housing and access to local amenities, including schools and parks. Renters will enjoy the suburban feel while being close to downtown Fort Wayne. The area is ideal for families and individuals seeking a community-focused environment.
Spy Run
Average Rent
$978/Month
Year-Over-Year Rent Change
4.4%
Units Available
16 Rentals
Spy Run is an affordable neighborhood in Fort Wayne with an average rent price of $978. Compare this to the city average of $1,046. In the past year, rent prices have increased by 4.4%. Spy Run provides easy access to Fox Island County Park, Foellinger-Freimann Botanical Conservatory, and Wells Plaza.
Bass-Leesburg Civic
Average Rent
$980/Month
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Fort Wayne, Bass-Leesburg Civic might be the perfect place! It has an average rent price of $980, while the city’s average stands at $1,046. Bass-Leesburg Civic is near Foellinger-Freimann Botanical Conservatory, Ivy Tech. C.C., Coliseum, and Purdue Fort Wayne.
Harris Meadows
Average Rent
$980/Month
Units Available
12 Rentals
Harris Meadows is a top choice for budget-conscious renters for a variety of reasons. The average rent in Harris Meadows is $980 while the city average is $1,046. Residents enjoy convenient access to Ivy Tech. C.C., Coliseum, Centennial Park, and Fort Wayne International.
North Franke Park
Average Rent
$980/Month
Year-Over-Year Rent Change
7.1%
Units Available
12 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.
Paper Mill Bluffs
Average Rent
$1,131/Month
Year-Over-Year Rent Change
8.5%
Units Available
13 Rentals
When you’re looking for a great Fort Wayne neighborhood on a budget, check out Paper Mill Bluffs. The average rent is $1,131, compared to the city average of $1,046. Rent prices have increased by 8.5%. Paper Mill Bluffs is convenient to Science Central, Clinton Corners, and Ivy Tech. C.C., North.
Woodlands of Riverside
Average Rent
$1,131/Month
Units Available
13 Rentals
Woodlands of Riverside is an affordable neighborhood in Fort Wayne with an average rent price of $1,131. Compare this to the city average of $1,046. Woodlands of Riverside provides easy access to Indiana Tech, Ivy Tech. C.C., Coliseum, and E.C. Schouweller Planetarium.
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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.