2 Hours Ago
Highlights
- Private entrance
- All utilities included
- Storage shed
- Newly remodeled
Location
512 E Masterson Ave, Fort Wayne, IN 46803, USA|LaRez
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Property Overview
512 E Masterson Avenue received a favorable rating from Zumper, reflecting its competitive standing in the market. The property offers several advantages, including ample living space and convenient access to local amenities. Additionally, its notable features cater to those looking for modern living in a vibrant area.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
- Outdoor space
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 948 sqft | $850 /mo | 1 unit available | This first floor, one bedroom apartment is located off of East Masterson. It is newly remodeled. It features a private entrance, and storage shed. This 948 square foot apartment is renting for $850 per month with ALL UTILITIES INCLUDED! Based on your application criteria you may qualify for a special deposit of $430. Please keep in mind that Kaufmann Property Management does not accept online applications nor do we take money online or over the phone in order to view our properties. You should visit our office or call for more information on how to apply. You can also visit our website at kpmhousing com (*Prices & Amenities Subject To Change*) Rent - $850 Deposit - $850 Special Deposit - $430 |
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Policies and fees
Building details
Property details
| Units | 2 |
|---|
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About 512 E Masterson Avenue
This first floor, one bedroom apartment is located off of East Masterson. It is newly remodeled. It features a private entrance, and storage shed. This 948 square foot apartment is renting for $850 per month with ALL UTILITIES INCLUDED! Based on your application criteria you may qualify for a special deposit of $430. Please keep in mind that Kaufmann Property Management does not accept online applications nor do we take money online or over the phone in order to view our properties. You should visit our office or call for more information on how to apply. You can also visit our website at kpmhousing com (*Prices & Amenities Subject To Change*) Rent - $850 Deposit - $850 Special Deposit - $430
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 512 E Masterson Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 512 E Masterson Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
512 E Masterson Avenue stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
512 E Masterson Avenue goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, 512 E Masterson Avenue receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
512 E Masterson Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 512 E Masterson Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
512 E Masterson Avenue provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 512 E Masterson Avenue compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 516 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 0.4 mile away
- Outdoor space
- Easy access to the outdoors
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in LaRez
1-bedroom apartments at 512 E Masterson Avenue cost about 34% more than the average rent price for 1-bedroom apartments in LaRez.
Median rents as of Nov 15 2025.
LaRez
Fort Wayne
| Month | Median Rent |
|---|---|
| December 2023 | $834 |
| January 2024 | $832 |
| February 2024 | $864 |
| March 2024 | $913 |
| April 2024 | $1,003 |
| May 2024 | $1,044 |
| June 2024 | $907 |
| July 2024 | $929 |
| August 2024 | $917 |
| September 2024 | $908 |
| October 2024 | $890 |
| November 2024 | $909 |
| December 2024 | $929 |
| January 2025 | $904 |
| February 2025 | $909 |
| March 2025 | $889 |
| April 2025 | $872 |
| May 2025 | $879 |
| June 2025 | $882 |
| July 2025 | $885 |
| August 2025 | $852 |
| September 2025 | $811 |
| October 2025 | $818 |
| November 2025 | $880 |
| Month | Median Rent |
|---|---|
| May 2024 | $685 |
| June 2024 | $689 |
| July 2024 | $677 |
| August 2024 | $672 |
| September 2024 | $675 |
| October 2024 | $675 |
| January 2025 | $656 |
| February 2025 | $656 |
| May 2025 | $675 |
| August 2025 | $675 |
| September 2025 | $627 |
Affordability calculator
Can I afford to live at 512 E Masterson Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$34,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 1-bedroom monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.
Schools near 512 E Masterson Avenue
Arlington Elementary School
8118 st jo ctr rd
fort wayne, IN, 46835
K-5Public
B-
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Internet available near 512 E Masterson Avenue
Neighborhood
LaRez | Fort Wayne, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Fort Wayne near 512 E Masterson Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 512 E Masterson Ave, Fort Wayne
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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