1020 Northlawn Dr
Fort WayneIN46805
Cheap Homes for Rent in Leo, IN from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Leo.
210 1/2 W 4th St
AuburnIN46706
1000 Old Brick Rd
AuburnIN46706
3127 Pennsylvania St
Fort WayneIN46803
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.
5515 Brazo Ln
Fort WayneIN46818
2737 W Washington Center Rd
Fort WayneIN46818
5007 Vermont Ln
Fort WayneIN46815
5424 Evard Rd
Fort WayneIN46835
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.
822 Lemonwood Ct
Fort WayneIN46825
Showing Results 1-9, Page 1 of 1
Leo, IN Local Guide
Sunset over train tracks by A.Robillard is licensed under CC BY 2.0
How much does it cost to rent a home in Leo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Leo 2 Bedroom Homes for Rent | $1,853 | $750 | $2,530 |
| Leo 3 Bedroom Homes for Rent | $1,962 | $1,500 | $2,150 |
| Leo 4 Bedroom Homes for Rent | $2,209 | $1,650 | $2,700 |
| Leo 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Leo
Explore Leo
Leo, IN Local Guide
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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 Fountain Lake Apartment Homes in the Northeast Fort Wayne neighborhood priced from $780. Graystone Apartments in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here is today’s list of the most affordable Leo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fountain Lake Apartment Homes | Trevi | Studio,1BA | $780 |
| Graystone Apartments | Graystone Apartments 1bed studio | Studio,1BA | $790 |
| Wood Creek Apartments | The Willow | 1BR,1BA | $875 |
Best Value Apartments for Rent in Leo, IN and Nearby
As of June 11, 2026 the best value apartment in the Leo area is the $1.05 price per square foot Townhomes Model at Evard Place - Solar Powered in the in the Northeast Fort Wayne neighborhood starting from $2,000. The second greatest value Leo apartment is the Kensington Model at Union Club Apartments starting at $2,131 with a $1.21 price per square foot in the Pine Valley 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. |
|---|---|---|---|
| Evard Place - Solar Powered | Townhomes | 3BR,2.5BA | $1.05 |
| Union Club Apartments | Kensington | 3BR,2BA | $1.21 |
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Windsor Oaks | The Oak | 3BR,2BA | $1.10 |
| Copper Creek Villas | Villa | 3BR,2.5BA | $1.30 |
| Steeplechase at Parkview | Great Meadow | 2BR,2BA | $1.14 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Wood Creek Apartments | The Cottonwood | 2BR,1BA | $1.11 |
| St Joe Place | 2x2 | 2BR,2BA | $0.80 |
| Canterbury Green | Westgate 1Bed 1Bath 728sqft | 1BR,1BA | $1.22 |
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 Article
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.
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.
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See the most popular apartments and homes in Leo, IN
Frequently Asked Questions about Leo
What type of rentals are currently available in Leo?
There are currently 42 Apartments for Rent in Leo, IN with pricing that ranges from $585 to $2,560. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leo ranging from $750 to $2,700.
What is the current price range for Rental Homes in Leo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Leo ranges from $750 to $2,700 with an average monthly rent of $2,181.
How much are larger Three and Four Bedroom Rentals in Leo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Leo range from $1,395 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,150. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $585.
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
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.
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.