Cheap Homes for Rent in Leesburg, IN from $300 (12 Rentals)

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 216 S Cavin St

$750 - $850

1 To 2 Bedroom Rentals

Available Now

216 S Cavin St

LigonierIN46767

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Leesburg, IN Local Guide

Cheapest Available Leesburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Leesburg, IN is a 2 Beds unit found at Historic Blue Bell Lofts in the Whitley County neighborhood priced from $498. Courts of Colfax Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Leesburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Blue Bell Lofts2 Beds, 1 bath2BR,1BA$498
Courts of Colfax ApartmentsWinonaStudio,1BA$750
Autumn Hills II Apartments1 Bedroom2BR,1BA$875
Old Farm ApartmentsOne Bedroom1BR,1BA$883
North Ridge Apartments1 Bedroom1BR,1BA$911

Best Value Apartments for Rent in Leesburg, IN and Nearby

As of July 02, 2026 the best value apartment in the Leesburg area is the $1.36 price per square foot Phase 3 Model at The Villas at County Farm Crossing in the starting from $2,450. The second greatest value Leesburg apartment is the 2 Beds, 1 bath Model at Historic Blue Bell Lofts starting at $498 with a $0.36 price per square foot in the Whitley County neighborhood. Here is today’s list of the best values for Leesburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas at County Farm CrossingPhase 32BR,2BA$1.36
Historic Blue Bell Lofts2 Beds, 1 bath2BR,1BA$0.36
Copperleaf Cove3 Bed 2 Bath3BR,2BA$1.43
Autumn Lakes Apartments and TownhomesTwo Bedroom Traditional2BR,2BA$1.39
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
Kuder EstatesTwo Bedroom One Bathroom2BR,1BA$1.07
Lakeland Villa Apartments2x12BR,1BA$1.24
Quail Ridge Villas1 Bed 1 Bath Traditional Apartment -WAITLIST- 7...1BR,1BA$1.44
Autumn Hills II Apartments1 Bedroom2BR,1BA$1.39
Courts of Colfax ApartmentsWinonaStudio ,1BA$1.24

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Leesburg

What type of rentals are currently available in Leesburg?

There are currently 42 Apartments for Rent in Leesburg, IN with pricing that ranges from $418 to $3,505. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leesburg ranging from $295 to $3,900.

What is the current price range for Rental Homes in Leesburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Leesburg ranges from $295 to $3,900 with an average monthly rent of $1,768.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.