Looking for a cheap apartment for rent in Fort Wayne, IN? With RENTCafé, finding an affordable apartment in Fort Wayne, IN has never been easier. We feature 23 low-priced rentals directly from property managers, with rents lower than the Fort Wayne, IN average. What is a cheap rent in Fort Wayne, IN? The average apartment rent in Fort Wayne is $734 per month so any rental south of $587 would be considered cheap here. Size matters though, so if you are in a market for a studio, expect to pay around $364 per month. If you’re looking to upgrade to a 1-bedroom apartment you’ll pay around $425, while a cheap 2-bedroom apartment will cost you about $547 per month. On RENTCafé, Fort Wayne, IN rents go as low as $495/mo.