The 10 Cheapest Fort Wayne, IN Neighborhoods To Live In For 2026

The cheapest Fort Wayne neighborhoods are Lincoln Park and Five Points for 2026 based on Saturday Night Science.

Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighborhood in Fort Wayne might be more expensive than living in rural Indiana, there are certain neighborhoods that are definitely cheaper.

What exactly are those Fort Wayne neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in Fort Wayne are the cheapest using Saturday Night Science.

1

No. 1 cheapest neighborhood in Fort Wayne

Lincoln Park, IN

756 people
85 cost of living index
Located in Allen County, Indiana
2

No. 2 cheapest neighborhood in Fort Wayne

Five Points, IN

1,033 people
84 cost of living index
Located in Allen County, Indiana
3

No. 3 cheapest neighborhood in Fort Wayne

Harrison Hill, IN

455 people
86 cost of living index
Located in Allen County, Indiana
4

No. 4 cheapest neighborhood in Fort Wayne

New Glenwood, IN

1,064 people
88 cost of living index
Located in Allen County, Indiana
4

No. 4 cheapest neighborhood in Fort Wayne

Walden, IN

1,072 people
88 cost of living index
Located in Allen County, Indiana
6

No. 6 cheapest neighborhood in Fort Wayne

Brentwood Park, IN

1,249 people
87 cost of living index
Located in Allen County, Indiana
7

No. 7 cheapest neighborhood in Fort Wayne

Hillcrest, IN

637 people
84 cost of living index
Located in Allen County, Indiana
7

No. 7 cheapest neighborhood in Fort Wayne

Morningside Terrace, IN

307 people
84 cost of living index
Located in Allen County, Indiana
9

No. 9 cheapest neighborhood in Fort Wayne

The Hollows, IN

107 people
88 cost of living index
Located in Allen County, Indiana

The receipts

Compare the top ten

Pick a metric. The bars rescale. The red line is Indiana’s statewide median.

City Cost of living index vs IN
1 Lincoln Park 85
2 Five Points 84
3 Harrison Hill 86
4 New Glenwood 88
4 Walden 88
6 Brentwood Park 87
7 Hillcrest 84
9 The Hollows 88
City Home value to income vs IN
1 Lincoln Park 1.34961873270801
2 Five Points 1.4338219326818675
3 Harrison Hill 1.1727845008479691
4 New Glenwood 1.5366230662319613
4 Walden 1.5366230662319613
6 Brentwood Park 1.5823424263620114
7 Hillcrest 1.4313838077270118
7 Morningside Terrace 1.4313838077270118
9 Village Of Buckingham 1.6661971830985915
9 The Hollows 1.6661971830985915
City Rent to income vs IN
1 Lincoln Park 0.012686416087455294
2 Five Points 0.01317408613825552
3 Harrison Hill 0.012992612607433384
4 New Glenwood 0.007650642316235208
4 Walden 0.007650642316235208
6 Brentwood Park 0.011051527162508743
7 Hillcrest 0.01544171930112378
7 Morningside Terrace 0.01544171930112378
9 Village Of Buckingham 0.008295774647887324
9 The Hollows 0.008295774647887324

Saturday Night Science

Methodology: How we determined the cheapest Fort Wayne hoods in 2026

To rank the cheapest places to live in Fort Wayne, we had to determine what criteria define “cheap” and then apply Saturday Night Science.

Using Census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 185 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In Fort Wayne.” We’re lookin’ at you, Lincoln Park.

We updated this article for 2026. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.

The full plate

Detailed list of the cheapest neighborhoods to live in Fort Wayne for 2026

Click any column to sort. Search by neighborhood name.

RankNeighborhoodCost Of Living Index
1Lincoln Park85
2Five Points84
3Harrison Hill86
4New Glenwood88
4Walden88
6Brentwood Park87
7Hillcrest84
7Morningside Terrace84
9Village Of Buckingham88
9The Hollows88
9Summit Ridge88
9Statewood Park88
9Lakes Of Buckingham88
14Kyle Road86
15Fairfield Terrace-Belmont82
16Michigan Avenue81
17Kirkwood Park88
18Broad River82
19North Highlands86
20North Triangle87
20Irvington Park87
22Harvester79
22Fairmont89
24Elmhurst86
24Sand Point86
26South Calhoun Place86
26Lafayette Place86
28Southwick Village87
28Crown Colony87
30Frances Slocum87
31Bloomingdale82
32North Franke Park87
33Southwest Waynedale82
34Oakdale85
35Pontiac Place82
35Greater McMillen Park81
37North Sherwood Terrace And Silver Maples87
37Crestwood Colony87
37Summerfield87
40Brookview82
41Pettit-Rudisill80
42Saint Marys River88
43Rolling Rose78
44Oxford81
45Glenwood Park89
45South Wayne85
47Bellair86
48Vesey83
48Westfield83
50Hamilton84
51Rudisill-Plaza84
52Countryside95
52Countrybrook95
52Audubon Park95
52Park State East95
52Bellshire95
57Fairfield85
58Nebraska83
59Greenfield90
59Centerhurst90
59Brandonwood90
59Brookside Park90
59Old Brook Farm90
64Spy Run84
65Belle Vista86
66Brookside-Parkerdale88
67Highland Park Forest81
68Saratoga Park101
69Newfield92
70Aboite Meadows97
70Old Trail83
72Northside87
73North Anthony Area88
74Burnham Woods95
74Village Woods87
76Greenview87
76Bridlewood87
76Southwood Park91
76Eldrado Hills87
80Oakborough97
80Copper Hill97
80Winterfield97
80Shores Of Oakborough97
84The Knolls91
84Lake Forest Extended91
86Anthony Wayne85
87Waterswolde92
87Eldorado Hills92
89South Suburan81
90Blackhawk Farms89
90Blackhawk89
90Blackhawk Forest89
93Williams Park83
94Bass-Leesburg92
95Creighton Home82
96Oakhurst93
96Willshire Estates93
96Maplewood Gardens93
96Bullerman Park Forest93
96Camelot93

Source: U.S. Census ACS 2020-2024. All 185 Fort Wayne neighborhoods.

Summary

Summary: Lowest cost places to live in Fort Wayne

If you’re measuring the neighborhoods in Fort Wayne where prices are low, and it’s cheap to live, this is an accurate list.

The most affordable neighborhoods in Fort Wayne are Lincoln Park, Five Points, Harrison Hill, New Glenwood, Walden, Brentwood Park, Hillcrest, Morningside Terrace, Village Of Buckingham, and The Hollows.

As mentioned earlier, the neighborhoods in Fort Wayne aren’t all cheap. Lofton Woods takes the title of the most expensive neighborhood to live in Fort Wayne.

We ranked the neighborhoods from cheapest to most expensive in the chart below. Not sold on Indiana? Take the two-minute Find Your Place quiz and see which state actually fits you.

Questions and answers

Cheapest Neighborhoods In Fort Wayne FAQs

What is the cheapest neighborhood in Fort Wayne?

Lincoln Park is the cheapest neighborhood in Fort Wayne for 2026. It posts the best combination of overall cost of living, rent against income, and home prices against income. Five Points and Harrison Hill are next.

What are the cheapest neighborhoods in Fort Wayne?

The cheapest neighborhoods in Fort Wayne are Lincoln Park, Five Points, Harrison Hill, New Glenwood, Walden, Brentwood Park, Hillcrest, Morningside Terrace, Village Of Buckingham, and The Hollows. We ranked all 185 neighborhoods in the city.

How do you decide which neighborhoods are cheapest?

Three measures: an overall cost of living index, rent-to-income, and home-value-to-income, all from Census tract data. Scoring costs against local incomes keeps one luxury tower from skewing the math.

Is a cheap neighborhood a bad neighborhood?

Not necessarily — this ranking measures what things cost relative to income, nothing else. Check our safest neighborhoods in Fort Wayne ranking before you sign a lease, because cheap and safe are separate questions.

What is the most expensive neighborhood in Fort Wayne?

Lofton Woods lands at the expensive end of the 185 neighborhoods we scored. If your budget disagrees with it, the rest of the list runs cheaper.

Chris Kolmar
About the author

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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