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 October 28, 2025, the average rent in Fort Wayne is $957, 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

$766/Month

TransitScore® Rating

24/100

Units Available

12 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 $766, while the city’s average stands at $957. Bridgedale Terrace is near Science Central, Foellinger-Freimann Botanical Conservatory, and Fox Island County Park.

Brentwood Park

Average Rent

$859/Month

TransitScore® Rating

31/100

Units Available

13 Rentals

Brentwood Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Brentwood Park is $859 while the city average is $957. Residents enjoy convenient access to East State Plaza, Statewood Plaza, and Foellinger-Freimann Botanical Conservatory. The neighborhood is considered somewhat walkable with a WalkScore® of 65.

Glenwood Park

Average Rent

$862/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

38/100

Units Available

16 Rentals

When you’re looking for a great Fort Wayne neighborhood on a budget, check out Glenwood Park. The average rent is $862, compared to the city average of $957. Rent prices have increased by 2%. Glenwood Park is convenient to Fort Wayne International, Statewood Plaza, and Hazelwood Plaza. The community is car-dependent with a WalkScore® of 38.

South Fort Wayne

Average Rent

$868/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

11/100

Units Available

28 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

$883/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

31/100

Units Available

25 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.

Brookside/Parkerdale

Average Rent

$895/Month

Year-Over-Year Rent Change

0.1%

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

$895/Month

TransitScore® Rating

0/100

Units Available

11 Rentals

Eldorado Hills is an affordable neighborhood in Fort Wayne with an average rent price of $895. Compare this to the city average of $957. Eldorado Hills provides easy access to Payton County Park, Metea County Park, and Shoaff Park Plaza. It’s a car-dependent neighborhood with a WalkScore® of 32.

Brookside Estates

Average Rent

$895/Month

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Fort Wayne, Brookside Estates might be the perfect place! It has an average rent price of $895, while the city’s average stands at $957. Brookside Estates is near Fort Wayne Children's Zoo, Foellinger-Freimann Botanical Conservatory, and Ivy Tech. C.C., Coliseum.

South Bridge

Average Rent

$902/Month

TransitScore® Rating

38/100

Units Available

17 Rentals

South Bridge is a top choice for budget-conscious renters for a variety of reasons. The average rent in South Bridge is $902 while the city average is $957. Residents enjoy convenient access to Southgate Plaza, Fort Wayne International, and Foellinger-Freimann Botanical Conservatory. The neighborhood is considered car-dependent with a WalkScore® of 11.

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.

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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.