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506 5th St receives a strong Zumper Expert Rating of 8.5, reflecting its competitive price and outstanding amenities that include central air conditioning and a private back patio. With a location rating of 9, residents benefit from close proximity to schools, dining, and cultural venues, enhancing their social life and convenience. Additionally, the property is animal-friendly, supported by nearby pet services, making it an attractive option for renters seeking a vibrant community atmosphere.
Things you’ll love
Elementary school nearbyHigh school nearbyOutdoor spaceGreat for
Pet owners
Social life| 2BR/1.0BA | 2 bed | 1 bath | 600 sqft | $875 /mo | 1 unit available | Welcome home to 506 5th St in the heart of Fort Wayne’s HOT Bloomingdale area. This south-facing 2-bedroom, 1-bathroom first-floor apartment has LVP flooring that flows throughout the main living areas and bedrooms all complemented by modern paint and central air conditioning. The oversized laundry room with washer and dryer hookups adds convenience and additional storage. Enter the bright, south-facing living room—an expansive space ideal for filling with greenery, a large sectional, and plenty of room for entertaining. The spacious kitchen is perfect for a dining table or rolling island, with ample workspace on modern countertops. The bathroom has new fixtures, an oversized vanity, and extra storage to make mornings easier. Nestled on a charming, well-kept street, it has an excellent walk score, easy access to popular new restaurants, and a nearby grocery store. With on and off-street parking, including two reserved spaces, a shared backyard, and a private back patio perfect for a grill and outdoor seating, this animal-friendly unit (cats welcome, two max) has it all. Schedule a tour today to see it for yourself! Residents will also benefit from the Obligo Approved status for security deposit if qualified and a resident benefit package* *All Open Door Rentals and Real Estate residents are enrolled in the Resident Benefits Package (RBP) for $55.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Open Door Rentals is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents. When you move in with us, you can skip paying a security deposit and keep the cash for activities you care about. Learn more about the benefits of deposit-free living with Obligo’s brochure or an Open Door Team member. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Central Air |
| Downstair Unit | Gas Forced Heat |
| Washer and Dryer Hookup | Washer/Dryer Hookups |
Appliances
| In-Unit Laundry |
Building
| Cats OK |
Grounds
| Assigned Parking | Outdoor Space |
| Shared Back Yard | Two Offstreet Parking Spaces |
Services
| Package Service | Resident Benefit Package |
Other
| Non-Smoking & Vaping | Obligo Approved |
| Resident Pays all Utilities |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 2 |
|---|
Welcome home to 506 5th St in the heart of Fort Wayne’s HOT Bloomingdale area. This south-facing 2-bedroom, 1-bathroom first-floor apartment has LVP flooring that flows throughout the main living areas and bedrooms all complemented by modern paint and central air conditioning. The oversized laundry room with washer and dryer hookups adds convenience and additional storage. Enter the bright, south-facing living room—an expansive space ideal for filling with greenery, a large sectional, and plenty of room for entertaining. The spacious kitchen is perfect for a dining table or rolling island, with ample workspace on modern countertops. The bathroom has new fixtures, an oversized vanity, and extra storage to make mornings easier. Nestled on a charming, well-kept street, it has an excellent walk score, easy access to popular new restaurants, and a nearby grocery store. With on and off-street parking, including two reserved spaces, a shared backyard, and a private back patio perfect for a grill and outdoor seating, this animal-friendly unit (cats welcome, two max) has it all. Schedule a tour today to see it for yourself! Residents will also benefit from the Obligo Approved status for security deposit if qualified and a resident benefit package* *All Open Door Rentals and Real Estate residents are enrolled in the Resident Benefits Package (RBP) for $55.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Open Door Rentals is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents. When you move in with us, you can skip paying a security deposit and keep the cash for activities you care about. Learn more about the benefits of deposit-free living with Obligo’s brochure or an Open Door Team member.
How 506 5th st compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 506 5th st cost about 1% less than the average rent price for 2-bedroom apartments in Bloomingdale.
| Month | Median Rent |
|---|---|
| March 2024 | $918 |
| 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 | $899 |
| December 2025 | $882 |
| January 2026 | $824 |
| February 2026 | $826 |
| March 2026 | $862 |
| Month | Median Rent |
|---|---|
| February 2025 | $1,098 |
| March 2025 | $910 |
| April 2025 | $754 |
| May 2025 | $716 |
| November 2025 | $710 |
| December 2025 | $710 |
Can I afford to live at 506 5th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$35,000/yr
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