The 10 Cheapest Fort Wayne, IN Neighborhoods To Live In For 2021


We used science and data to determine which neighborhoods in Fort Wayne are the cheapest of the cheap.

HomeSnacks is reader-supported. When you click through real estate links on our site, we earn an affiliate commission. Learn more.
Editor’s Note: We updated this article for 2021. This is our third time ranking the cheapest neighborhoods to live in Fort Wayne.
Cheapest Neighborhoods In Fort Wayne
Source: Public domain

Everything else equal, I think 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 neighbhorhood in Fort Wayne might be more expensive than living in rural Indiana, there are certain neighborhoods that are definitely cheaper.

So 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 find out which neighborhoods in Fort Wayne are the cheapest.

What's the cheapest neighborhood to live in Fort Wayne for 2021? According to the most recent census data, Village Woods looks to be the cheaptest Fort Wayne neighborhood to live in.

At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in Fort Wayne. You could be sacrificing location or crime rates in return for more space and cheaper groceries.

Read on to see how we determined the places around Fort Wayne that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in Fort Wayne.

Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.

For more Indiana reading, check out:

How We Determined The Cheapest Fort Wayne Hoods In 2021

In order to rank the cheapest places to live in Fort Wayne, we had to determine what criteria defines "cheap".

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 206 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, Village Woods.

Read on below to learn more about what it's like to live in the cheapest places Fort Wayne. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.

The 10 Cheapest Neighborhoods To Live In Fort Wayne For 2021

Overall SnackAbility

5
/10

Population: 1,400
Cost Of Living Index: 79 (32nd cheapest)
Home Value To Income Ratio: 1.8 (54th cheapest)
Rent To Income Ratio: 0.01 (12th cheapest)
More on Village Woods: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 484
Cost Of Living Index: 83 (78th cheapest)
Home Value To Income Ratio: 1.6 (16th cheapest)
Rent To Income Ratio: 0.008 (6th cheapest)
More on Forest Park Boulevard: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 618
Cost Of Living Index: 79 (32nd cheapest)
Home Value To Income Ratio: 1.8 (56th cheapest)
Rent To Income Ratio: 0.01 (15th cheapest)
More on Fairmont: Homes For Sale | Data

Overall SnackAbility

4
/10

Population: 858
Cost Of Living Index: 80 (42nd cheapest)
Home Value To Income Ratio: 1.5 (12th cheapest)
Rent To Income Ratio: 0.014 (63rd cheapest)
More on Lincoln Park: Homes For Sale | Data

Overall SnackAbility

5
/10

Population: 1,101
Cost Of Living Index: 79 (32nd cheapest)
Home Value To Income Ratio: 1.6 (34th cheapest)
Rent To Income Ratio: 0.013 (52nd cheapest)
More on Southwick Village: Homes For Sale | Data

Overall SnackAbility

6
/10

Population: 1,398
Cost Of Living Index: 79 (32nd cheapest)
Home Value To Income Ratio: 1.6 (34th cheapest)
Rent To Income Ratio: 0.013 (52nd cheapest)
More on Crown Colony: Homes For Sale | Data

Southwood Park Fort Wayne, IN

Source: Public domain
Overall SnackAbility

8
/10

Population: 1,544
Cost Of Living Index: 82 (64th cheapest)
Home Value To Income Ratio: 1.8 (55th cheapest)
Rent To Income Ratio: 0.004 (cheapest)
More on Southwood Park: Homes For Sale | Data

Overall SnackAbility

4
/10

Population: 184
Cost Of Living Index: 77 (14th cheapest)
Home Value To Income Ratio: 1.4 (6th cheapest)
Rent To Income Ratio: 0.017 (116th cheapest)
More on South Calhoun Place: Homes For Sale | Data

Overall SnackAbility

7
/10

Population: 494
Cost Of Living Index: 83 (78th cheapest)
Home Value To Income Ratio: 1.5 (11th cheapest)
Rent To Income Ratio: 0.013 (49th cheapest)
More on Sherwood To Pettit: Homes For Sale | Data

Overall SnackAbility

4
/10

Population: 596
Cost Of Living Index: 79 (32nd cheapest)
Home Value To Income Ratio: 1.4 (6th cheapest)
Rent To Income Ratio: 0.017 (116th cheapest)
More on Lafayette Place: Homes For Sale | Data

Summing Up The Cheapest Places 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.

As we mentioned earlier, the neighborhoods in Fort Wayne aren't all cheap. Sunny Meadows 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.

For more Indiana reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Fort Wayne For 2021

Rank Neighborhood Cost Of Living Index
1 Village Woods 79
2 Forest Park Boulevard 83
3 Fairmont 79
4 Lincoln Park 80
5 Southwick Village 79
6 Crown Colony 79
7 Southwood Park 82
8 South Calhoun Place 77
9 Sherwood To Pettit 83
10 Lafayette Place 79
11 The Knolls 85
12 Westfield 77
13 Northside 83
14 Hamilton 76
15 North Triangle 78
16 North Anthony Area 85
17 New Kirkwood Park 81
18 Bloomingdale 78
19 Vesey 78
20 Old Brook Farm 84
21 Greenfield 84
22 Lake Forest Extended 88
23 East Side 74
24 Harrison Hill 83
25 Irvington Park 81
26 Countryside 81
27 Countrybrook 81
28 Bellshire 81
29 Taylor Street 82
30 East Central 76
31 Village Of Buckingham 84
32 Lakes Of Buckingham 84
33 The Hollows 84
34 Hazelwood 83
35 Nebraska 79
36 North Highlands 84
37 South Wayne 82
38 Creighton Home 78
39 Harvester 76
40 Audubon Park 82
41 Statewood Park 85
42 Summit Ridge 85
43 Centerhurst 87
44 Brookside Park 87
45 Anthony Wayne 77
46 Brandonwood 87
47 Pontiac Place 74
48 Saint Marys River 83
49 Fairfield Terrace-Belmont 79
50 Poplar 73
51 Tanbark Trails 87
52 Concord Hills 87
53 Broad River 76
54 Wedgewood Place 88
55 Jonathon Oaks 88
56 Larez 75
57 Eldrado Hills 81
58 Michigan Avenue 79
59 Oxford 79
60 Glenwood Park 81
61 Park State East 84
62 Greater Mcmillen Park 77
63 Hillsboro 90
64 Bellair 83
65 Lakeshores 87
66 Foster Park 82
67 Brookview 76
68 Pettit-Rudisill 77
69 Lakewood Park 86
70 Newfield 88
71 Old Trail 83
72 Oakdale 83
73 Lake Forest 89
74 Winterset 89
75 Aboite Meadows 90
76 Rudisill-Plaza 81
77 Pine Valley 92
78 Greenview 84
79 Brookside-Parkerdale 84
80 Spy Run 80
81 Fairfield 82
82 Cambridge Oaks 86
83 Waterswolde 87
84 Frances Slocum 85
85 Bridlewood 85
86 Maplewood Park 87
87 Shorewood 89
88 Springwood-Orchard Woods 83
89 Illsley Place 85
90 Kensington Downs 87
91 Blackhawk 89
92 Blackhawk Forest 89
93 Blackhawk Farms 89
94 Eldorado Hills 88
95 Williams Park 78
96 Rolling Rose 79
97 Five Points 82
98 Parkview 83
99 Georgetown Place 89
100 Hillcrest 80
101 Kern Valley Meadows 89
102 Willshire Estates 86
103 Southwest Waynedale 78
104 Walden 87
105 Valley Park Forest 90
106 Oakborough 90
107 Morningside Terrace 81
108 Bass-Leesburg 87
109 Sawmill Woods 81
110 Oakhurst 87
111 Bullerman Park Forest 87
112 Millstone 89
113 Crestwood Colony 82
114 Lincoln Village 88
115 New Glenwood 88
116 Shores Of Oakborough 92
117 Winterfield 92
118 Elmhurst 83
119 Hearthstone 90
120 Copper Hill 93
121 Lofton Woods 84
122 Monarch Park 84
123 North Sherwood Terrace And Silver Maples 83
124 Bohde Grove 83
125 Southeast Waynedale 81
126 Hoagland Masterson 78
127 Wheatridge 91
128 Manor Park 88
129 Saratoga Park 92
130 Auburn Farms 88
131 Kekionga Shores 92
132 Maplewood Gardens 89
133 Camelot 89
134 Northwood Park 92
135 Mount Vernon Park 79
136 Suburan Heights 79
137 Memorial Park 77
138 Summerfield 84
139 Plantation Of Aboite 93
140 Mill Ridge Place 89
141 Chandlers Landing 93
142 Liberty Hill 94
143 Belle Vista 85
144 South Suburan 77
145 Haverhill 93
146 Liberty Hills West 95
147 Williams-Woodland Park 81
148 Forest Ridge Estates 96
149 Branning Hills 77
150 Aboite Lake Estates 94
151 Sand Point 82
152 Reckeweg Road 85
153 Avalon Place 83
154 Woodmont 97
155 Becketts Run 90
156 Wallen Chase 90
157 Glens Of Liberty Mill 98
158 Rolling Hills 98
159 Greentree 85
160 La Cabreah 98
161 Interurban Acres 88
162 Sheffield Woods 99
163 West Central 79
164 Windsor Woods 99
165 Longwood 97
166 Log Cabin Park 85
167 Eagle Lake 100
168 Kirkwood Park 83
169 Highland Park Forest 80
170 Brentwood Park 83
171 Somerset Acres 87
172 Hickory Grove 80
173 Westmoor Park 84
174 Victoria Park 80
175 Aldale Acres 92
176 Woodlands Of Riverside 87
177 Lake Pointe Villas 99
178 Continental Park 81
179 North Franke Park 84
180 Oakland Park 81
181 Centaur Acres 95
182 Inverness Hills 98
183 Wildwood Park 93
184 Ferndale 78
185 Kyle Road 83
186 Tower Heights 85
187 Maysville Heights 80
188 Inverness Lakes 99
189 Timber Lake-Covington Woods 94
190 Casselwood Terrace 83
191 Paper Mill Bluffs 89
192 Westchester Ridge 97
193 Ranchwood 87
194 Breconshire 87
195 Candelite Park 99
196 Deerfield Estates 99
197 Shores Of Rock Creek 99
198 Westlawn 90
199 Burnham Woods 88
200 Falls Of Beaver Creek 93
201 Kingston Park 87
202 Abby Place 94
203 Maplewood Terrace And Downs 91
204 Wyndemere 86
205 Westwood-Fairway 88
206 Sunny Meadows 88

About Chris Kolmar

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.