Most Affordable Neighborhoods in Fort Wayne, IN

Some of the cheapest neighborhoods in Fort Wayne are Brentwood Park, Glenwood Park, and Northcrest. These neighborhoods offer some of the lowest rent prices in Fort Wayne, making them ideal for renters on a budget. As of March 3, 2025, the average rent in Fort Wayne is $933, 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.

Brentwood Park

Average Rent

$849/Month

TransitScore® Rating

31/100

Units Available

9 Rentals

If you’re looking for a great, affordable neighborhood in Fort Wayne, Brentwood Park might be the perfect place! It has an average rent price of $849, while the city’s average stands at $933. Brentwood Park is near Ivy Tech. C.C., Coliseum, E.C. Schouweller Planetarium, and Metea County Park.

Glenwood Park

Average Rent

$870/Month

Year-Over-Year Rent Change

1.2%

TransitScore® Rating

38/100

Units Available

10 Rentals

Glenwood Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Glenwood Park is $870 while the city average is $933. This is a 1.2% difference from last year. Residents enjoy convenient access to Indiana Tech, Purdue Fort Wayne, and Fort Wayne Children's Zoo. The neighborhood is considered car-dependent with a WalkScore® of 38.

Northcrest

Average Rent

$893/Month

TransitScore® Rating

36/100

Units Available

6 Rentals

Northcrest is a well-established neighborhood known for its tree-lined streets, local parks, and access to shopping centers like Northcrest Shopping Center. Renters will appreciate the suburban atmosphere and proximity to schools. The area is perfect for families and individuals seeking a peaceful, suburban lifestyle.

North Anthony

Average Rent

$896/Month

Year-Over-Year Rent Change

3.1%

TransitScore® Rating

31/100

Units Available

28 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

$914/Month

Year-Over-Year Rent Change

1.6%

TransitScore® Rating

28/100

Units Available

12 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.

Blackhawk

Average Rent

$924/Month

Year-Over-Year Rent Change

3.9%

TransitScore® Rating

25/100

Units Available

12 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.

Canterbury Green

Average Rent

$936/Month

Year-Over-Year Rent Change

11.6%

TransitScore® Rating

37/100

Units Available

41 Rentals

When you’re looking for a great Fort Wayne neighborhood on a budget, check out Canterbury Green. The average rent is $936, compared to the city average of $933. Rent prices have decreased by 11.6%. Canterbury Green is convenient to Foellinger-Freimann Botanical Conservatory, Ivy Tech. C.C., Coliseum, and Ivy Tech. C.C., North. The community is somewhat walkable with a WalkScore® of 50.

South Fort Wayne

Average Rent

$939/Month

Year-Over-Year Rent Change

5.5%

TransitScore® Rating

11/100

Units Available

32 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.

East Central

Average Rent

$948/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

45/100

Units Available

10 Rentals

East Central is a historic neighborhood offering a blend of older homes and modern developments, with easy access to downtown Fort Wayne. Renters will appreciate the walkability and proximity to cultural attractions and dining options. The area is ideal for those seeking a blend of historic charm and urban living.

North Franke Park

Average Rent

$1,023/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

37/100

Units Available

37 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.

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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.