Best 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 December 12, 2025, the average rent in Fort Wayne is $967, which is 2.1% 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
$789/Month
TransitScore® Rating
24/100
Units Available
12 Rentals
When you’re looking for a great Fort Wayne neighborhood on a budget, check out Bridgedale Terrace. The average rent is $789, compared to the city average of $967. Bridgedale Terrace is convenient to Fort Wayne International, Foster Park Plaza, and Quimby Village. The community is car-dependent with a WalkScore® of 25.
Brentwood Park
Average Rent
$859/Month
TransitScore® Rating
31/100
Units Available
13 Rentals
Brentwood Park is an affordable neighborhood in Fort Wayne with an average rent price of $859. Compare this to the city average of $967. Brentwood Park provides easy access to North Coliseum Plaza, Statewood Plaza, and E.C. Schouweller Planetarium. It’s a somewhat walkable neighborhood with a WalkScore® of 65.
Glenwood Park
Average Rent
$862/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
38/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Fort Wayne, Glenwood Park might be the perfect place! It has an average rent price of $862, while the city’s average stands at $967. In the last year, prices have increased by 2.1%. Glenwood Park is near Statewood Plaza, Indiana Tech, and Fort Wayne Children's Zoo.
North Anthony
Average Rent
$875/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
31/100
Units Available
26 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.
South Fort Wayne
Average Rent
$878/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
11/100
Units Available
27 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.
Brookside/Parkerdale
Average Rent
$906/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
28/100
Units Available
11 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
$906/Month
TransitScore® Rating
0/100
Units Available
11 Rentals
Eldorado Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Eldorado Hills is $906 while the city average is $967. Residents enjoy convenient access to Fort Wayne Children's Zoo, Foellinger-Freimann Botanical Conservatory, and Science Central. The neighborhood is considered car-dependent with a WalkScore® of 32.
Brookside Estates
Average Rent
$906/Month
Units Available
11 Rentals
When you’re looking for a great Fort Wayne neighborhood on a budget, check out Brookside Estates. The average rent is $906, compared to the city average of $967. Brookside Estates is convenient to Fort Wayne International, Metea County Park, and Indiana Tech.
Blackhawk
Average Rent
$921/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
25/100
Units Available
15 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
$921/Month
TransitScore® Rating
24/100
Units Available
15 Rentals
Lake Forest is an affordable neighborhood in Fort Wayne with an average rent price of $921. Compare this to the city average of $967. Lake Forest provides easy access to Fort Wayne International, Georgetown Corner Shoppes, and Fort Wayne Children's Zoo. It’s a walkable neighborhood with a WalkScore® of 70.
Ready to make your move to Fort Wayne? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.