The 10 Cheapest Fort Wayne, IN Neighborhoods To Live In For 2024


The cheapest Fort Wayne neighborhoods are Lincoln Park and Harrison Hill for 2024 based on Saturday Night Science.

By: Chris Kolmar | About HomeSnacks
Last Updated: January 27, 2024
Worst Neighborhoods In Fort Wayne
Source: Public domain

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 neighbhorhood 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.

The Cheapest Neighborhoods In Fort Wayne For 2024

  1. Lincoln Park
  2. Harrison Hill
  3. Brentwood Park
  4. Five Points
  5. Morningside Terrace
  6. Hillcrest
  7. Fairmont
  8. The Hollows
  9. Summit Ridge
  10. Village Of Buckingham

What’s the cheapest neighborhood to live in Fort Wayne for 2024? According to the most recent census data, Lincoln Park looks to be the cheapest 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 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.

For more Indiana reading, check out:

Table Of Contents: Top Ten | Methodology | Summary | Table

The 10 Cheapest Neighborhoods To Live In Fort Wayne For 2024

1. Lincoln Park

Overall SnackAbility

4
/10

Population: 756
Cost Of Living Index: 83 (49th cheapest)
Home Value To Income Ratio: 1.3 (10th cheapest)
Rent To Income Ratio: 0.013 (39th cheapest)
More on Lincoln Park: Data | Real Estate

2. Harrison Hill

Overall SnackAbility

6
/10

Population: 455
Cost Of Living Index: 84 (59th cheapest)
Home Value To Income Ratio: 1.2 (2nd cheapest)
Rent To Income Ratio: 0.013 (46th cheapest)
More on Harrison Hill: Data | Real Estate

3. Brentwood Park

Overall SnackAbility

6
/10

Population: 1,249
Cost Of Living Index: 84 (59th cheapest)
Home Value To Income Ratio: 1.6 (30th cheapest)
Rent To Income Ratio: 0.011 (18th cheapest)
More on Brentwood Park: Data | Real Estate

4. Five Points

Overall SnackAbility

3
/10

Population: 1,033
Cost Of Living Index: 83 (49th cheapest)
Home Value To Income Ratio: 1.4 (16th cheapest)
Rent To Income Ratio: 0.013 (49th cheapest)
More on Five Points: Data | Real Estate

5. Morningside Terrace

Overall SnackAbility

4
/10

Population: 307
Cost Of Living Index: 81 (30th cheapest)
Home Value To Income Ratio: 1.4 (14th cheapest)
Rent To Income Ratio: 0.015 (76th cheapest)
More on Morningside Terrace: Data | Real Estate

6. Hillcrest

Overall SnackAbility

5
/10

Population: 637
Cost Of Living Index: 81 (30th cheapest)
Home Value To Income Ratio: 1.4 (14th cheapest)
Rent To Income Ratio: 0.015 (76th cheapest)
More on Hillcrest: Data | Real Estate

7. Fairmont

Overall SnackAbility

6
/10

Population: 831
Cost Of Living Index: 83 (49th cheapest)
Home Value To Income Ratio: 1.3 (7th cheapest)
Rent To Income Ratio: 0.014 (65th cheapest)
More on Fairmont: Data | Real Estate

8. The Hollows

Overall SnackAbility

5
/10

Population: 107
Cost Of Living Index: 85 (78th cheapest)
Home Value To Income Ratio: 1.7 (42nd cheapest)
Rent To Income Ratio: 0.008 (5th cheapest)
More on The Hollows: Data | Real Estate

9. Summit Ridge

Overall SnackAbility

5
/10

Population: 233
Cost Of Living Index: 85 (78th cheapest)
Home Value To Income Ratio: 1.7 (42nd cheapest)
Rent To Income Ratio: 0.008 (5th cheapest)
More on Summit Ridge: Data | Real Estate

10. Village Of Buckingham

Overall SnackAbility

5
/10

Population: 434
Cost Of Living Index: 85 (78th cheapest)
Home Value To Income Ratio: 1.7 (42nd cheapest)
Rent To Income Ratio: 0.008 (5th cheapest)
More on Village Of Buckingham: Data | Real Estate

Methodology: How We Determined The Cheapest Fort Wayne Hoods In 2024

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 2024. This is our fourth time ranking the cheapest neighborhoods to live in Fort Wayne. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.

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, Harrison Hill, Brentwood Park, Five Points, Morningside Terrace, Hillcrest, Fairmont, The Hollows, Summit Ridge, and Village Of Buckingham.

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.

The most expensive neighborhoods in Fort Wayne are Lofton Woods, Monarch Park, Wildwood Park, Kingston Park, and Maplewood Terrace And Downs.

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 2024

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

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