Most Affordable Neighborhoods in Fort Wayne, IN
Some of the cheapest neighborhoods in Fort Wayne are Bridgedale Terrace, Brentwood Park, and Glenwood Park. These neighborhoods offer some of the lowest rent prices in Fort Wayne, making them ideal for renters on a budget. As of July 29, 2025, the average rent in Fort Wayne is $959, which is 1.3% 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.
Bridgedale Terrace
Average Rent
$790/Month
TransitScore® Rating
24/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Fort Wayne, Bridgedale Terrace might be the perfect place! It has an average rent price of $790, while the city’s average stands at $959. Bridgedale Terrace is near Univ. of St Francis, Ft Wayne, Fort Wayne Children's Zoo, and Foster Park Plaza.
Brentwood Park
Average Rent
$852/Month
TransitScore® Rating
31/100
Units Available
16 Rentals
Brentwood Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Brentwood Park is $852 while the city average is $959. Residents enjoy convenient access to Purdue Fort Wayne, Statewood Plaza, and Fort Wayne International. The neighborhood is considered somewhat walkable with a WalkScore® of 65.
Glenwood Park
Average Rent
$856/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
38/100
Units Available
19 Rentals
When you’re looking for a great Fort Wayne neighborhood on a budget, check out Glenwood Park. The average rent is $856, compared to the city average of $959. Rent prices have increased by 1.8%. Glenwood Park is convenient to Hazelwood Plaza, Statewood Plaza, and Foellinger-Freimann Botanical Conservatory. The community is car-dependent with a WalkScore® of 38.
West Cenrtal Historic District
Average Rent
$861/Month
TransitScore® Rating
50/100
Units Available
12 Rentals
West Cenrtal Historic District is an affordable neighborhood in Fort Wayne with an average rent price of $861. Compare this to the city average of $959. West Cenrtal Historic District provides easy access to Purdue Fort Wayne, 1817 W Main St, and Fox Island County Park. It’s a walkable neighborhood with a WalkScore® of 81.
South Fort Wayne
Average Rent
$874/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
11/100
Units Available
23 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.
North Anthony
Average Rent
$877/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
31/100
Units Available
27 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.
Blackhawk
Average Rent
$913/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
25/100
Units Available
17 Rentals
Blackhawk is a fun neighborhood known for its well-maintained homes and access to local parks and schools. Renters will appreciate the community feel and proximity to shopping and dining along Maplecrest Road. The area is ideal for those seeking a suburban retreat with convenient amenities.
Lake Forest
Average Rent
$913/Month
TransitScore® Rating
24/100
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in Fort Wayne, Lake Forest might be the perfect place! It has an average rent price of $913, while the city’s average stands at $959. Lake Forest is near E.C. Schouweller Planetarium, Fort Wayne Children's Zoo, and Ivy Tech. C.C., Coliseum.
The Knolls
Average Rent
$913/Month
Units Available
17 Rentals
The Knolls is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Knolls is $913 while the city average is $959. Residents enjoy convenient access to Foellinger-Freimann Botanical Conservatory, Georgetown Corner Shoppes, and North Georgetown Shopping Center.
South Bridge
Average Rent
$953/Month
TransitScore® Rating
38/100
Units Available
12 Rentals
When you’re looking for a great Fort Wayne neighborhood on a budget, check out South Bridge. The average rent is $953, compared to the city average of $959. South Bridge is convenient to Indiana Tech, Ivy Tech. C.C., Coliseum, and Southgate Plaza. The community is car-dependent with a WalkScore® of 11.
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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.