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5+ Days Ago
Highlights
- Completely remodeled
- Coin laundry
- Central air
Location
427 E Masterson Ave, Fort Wayne, IN 46803, USA|LaRez
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Property Overview
427 E Masterson Avenue stands out with a strong Zumper Expert Rating of 8 out of 10, reflecting its competitive pricing and premier amenities, including central air and coin laundry. Located conveniently with access to 24 local event hubs, numerous recreational options, and a high walkability score, it excels in social life and environmental sustainability. The property showcases transparency and trustworthiness, making it an attractive choice for potential renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Eco living
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 621 sqft | This two bedroom apartment will not last long located off of E Masterson Ave. This apartment is on the first floor and is completely remodeled and features central air, carpet throughout, as well as coin laundry in the building. It is renting for only $900 per month plus Electric. Based on your criteria you may qualify for our special deposit of $600. 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 - $900 Deposit - $900 Special Deposit - $600 |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 2 |
|---|
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About 427 E Masterson Avenue
This two bedroom apartment will not last long located off of E Masterson Ave. This apartment is on the first floor and is completely remodeled and features central air, carpet throughout, as well as coin laundry in the building. It is renting for only $900 per month plus Electric. Based on your criteria you may qualify for our special deposit of $600. 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 - $900 Deposit - $900 Special Deposit - $600
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 427 E Masterson Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 427 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.
427 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·8A 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.
With multiple in-demand amenities, 427 E Masterson Avenue is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
427 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 427 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.
427 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.
427 E Masterson Avenue is great 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 427 E Masterson Avenue compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Available rentals nearby
Rent trends in LaRez
Median rents as of Mar 14 2026.
LaRez
Fort Wayne
| 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 |
|---|---|
| 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 |
| February 2026 | $775 |
| March 2026 | $875 |
Schools near 427 E Masterson Avenue
Fort Wayne Virtual Academy
1200 s clinton st
fort wayne, IN, 46802
K-12Public
Arlington Elementary School
8118 st jo ctr rd
fort wayne, IN, 46835
K-5Public
B-
Aspen Meadow Elementary School
2650 hathaway rd
fort wayne, IN, 46818
K-5Public
B+
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Internet available near 427 E Masterson Avenue
Getting around Fort Wayne near 427 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
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 427 E Masterson Ave, Fort Wayne
Groceries
6/10
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
7/10
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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