Best Affordable Neighborhoods in Fort Wayne, IN
Some of the cheapest neighborhoods in Fort Wayne are Bridgedale Terrace, South Suburban, 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 January 28, 2026, the average rent in Fort Wayne is $976, which is 3.7% 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 $976. Bridgedale Terrace is convenient to Fort Wayne Children's Zoo, Fort Wayne International, and Quimby Village. The community is car-dependent with a WalkScore® of 25.
South Suburban
Average Rent
$839/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
39/100
Units Available
22 Rentals
South Suburban is an affordable neighborhood in Fort Wayne with an average rent price of $839. Compare this to the city average of $976. In the past year, rent prices have increased by 4.3%. South Suburban provides easy access to Purdue Fort Wayne, Indiana Tech, and E.C. Schouweller Planetarium. It’s a car-dependent neighborhood with a WalkScore® of 42.
Glenwood Park
Average Rent
$870/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
38/100
Units Available
15 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 $870, while the city’s average stands at $976. In the last year, prices have increased by 2.4%. Glenwood Park is near Science Central, Metea County Park, and Ivy Tech. C.C., North.
North Anthony
Average Rent
$879/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
31/100
Units Available
22 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.
Brentwood Park
Average Rent
$883/Month
TransitScore® Rating
31/100
Units Available
11 Rentals
Brentwood Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Brentwood Park is $883 while the city average is $976. Residents enjoy convenient access to Statewood Plaza, Purdue Fort Wayne, and Foellinger-Freimann Botanical Conservatory. The neighborhood is considered somewhat walkable with a WalkScore® of 65.
South Fort Wayne
Average Rent
$907/Month
Year-Over-Year Rent Change
5.5%
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.
Blackhawk
Average Rent
$921/Month
Year-Over-Year Rent Change
0.6%
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
When you’re looking for a great Fort Wayne neighborhood on a budget, check out Lake Forest. The average rent is $921, compared to the city average of $976. Lake Forest is convenient to Purdue Fort Wayne, Foellinger-Freimann Botanical Conservatory, and Science Central. The community is walkable with a WalkScore® of 70.
The Knolls
Average Rent
$921/Month
Units Available
15 Rentals
The Knolls is an affordable neighborhood in Fort Wayne with an average rent price of $921. Compare this to the city average of $976. The Knolls provides easy access to Fort Wayne Children's Zoo, Georgetown Square, and E.C. Schouweller Planetarium.
Highland Park Forest
Average Rent
$935/Month
TransitScore® Rating
39/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Fort Wayne, Highland Park Forest might be the perfect place! It has an average rent price of $935, while the city’s average stands at $976. Highland Park Forest is near Foellinger-Freimann Botanical Conservatory, E.C. Schouweller Planetarium, and Indiana Tech.
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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.