
Cheap Apartments for Rent in Leo, IN from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Leo.


Montrose Square

Shoaff Park Villas

Fountain Lake Apartment Homes

Golfview Apartments
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.

Wallen Hills Apartments

Wood Creek Apartments

CANTERBURY GREEN

Stone Pointe Village

Woodbridge Apartments

Northcrest Garden Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Leo, IN Local Guide

How much does it cost to rent an apartment in Leo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Leo Studio Apartments | $859 | $689 | $1,175 |
| Leo 1 Bedroom Apartments | $1,126 | $625 | $1,950 |
| Leo 2 Bedroom Apartments | $1,343 | $640 | $2,331 |
| Leo 3 Bedroom Apartments | $1,704 | $1,217 | $2,500 |
| Leo 4 Bedroom Apartments | $1,227 | $600 | $2,483 |
Browse Top Apartments in Leo
See all Apartments in LeoExplore Leo
Leo, IN Local Guide
- Nearby Cities
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Cheapest Available Leo Apartments for Rent and Nearby
 The cheapest available apartment rental in Leo, IN is a Studio unit found at Shoaff Park Villas in the Northeast Fort Wayne neighborhood priced from $695. Fountain Lake Apartment Homes in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $735. Here is today’s list of the most affordable Leo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoaff Park Villas | Studio, 1 bath | Studio,1BA | $695 |
| Fountain Lake Apartment Homes | Roselle | Studio,1BA | $735 |
| Graystone Apartments | Graystone Apartments 1bed studio | 1BR,1BA | $790 |
| Wallen Hills Apartments | Ivywood | Studio,1BA | $818 |
| Blackhawk Apartments | Autumn | 1BR,1BA | $840 |
Best Value Apartments for Rent in Leo, IN and Nearby
As of December 14, 2025 the best value apartment in the Leo area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Leo apartment is the Two Bedroom Model at Huntertown Apartments starting at $1,695 with a $1.13 price per square foot in the Outer Northside neighborhood. Here is today’s list of the best values for Leo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Morada at Maysville | 2 Bed 2 Bath | 2BR,2BA | $0.85 |
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Evard Place - Solar Powered | 2 Bedroom 2 Bath | 2BR,2BA | $1.33 |
| 10095 Bluffs Cor | Townhome A | 2BR,2.5BA | $1.33 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Windsor Oaks | The Hickory | 2BR,1BA | $1.28 |
| The Grand at Shoaff Park | B2P | 2BR,2BA | $1.34 |
| CANTERBURY GREEN | Red Lion | 1BR,1BA | $1.33 |
| St Joe Place | 2x2 | 2BR,2BA | $0.76 |
| Dupont Lakes Apartments | One Bedroom End | 1BR,1BA | $1.36 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Pet Friendly LifestyleLeo, IN
Ranked #279
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Leo, IN Rentals by Map
See the most popular apartments and homes in Leo, IN
Frequently Asked Questions about Cheap Leo Apartments
What is the Cheapest Studio apartment in Leo?
Currently the most affordable Cheap Studio Apartment in Leo is at Shoaff Park Villas listed at $695.
How much is rent for a Cheap One Bedroom Leo Apartment?
The lowest price for a Cheap One Bedroom Leo Apartment is $790 at Graystone Apartments.
What is the lowest price for a Cheap Two Bedroom Leo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Leo is starting from $929 at CANTERBURY GREEN.
What is the most affordable Leo Three Bedroom Apartment?
The best deal on a cheap Leo Three Bedroom Apartment rental is at Woodbridge Apartments and starts from $1,217.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

