Cheap Homes for Rent in Leo, IN from $1,000 (7 Rentals)

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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.

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.

Leo, IN Local Guide

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 $645. Fountain Lake Apartment Homes in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $765. Here is today’s list of the most affordable Leo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Fountain Lake Apartment HomesTreviStudio,1BA$765
Graystone ApartmentsGraystone Apartments 1bed studio1BR,1BA$790

Best Value Apartments for Rent in Leo, IN and Nearby

As of October 13, 2025 the best value apartment in the Leo area is the $1.13 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,695. The second greatest value Leo apartment is the 7819 Model at 7819 Stellhorn Rd starting at $1,450 with a $1.12 price per square foot in the Northeast Fort Wayne neighborhood. Here is today’s list of the best values for Leo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$1.13
7819 Stellhorn Rd78192BR,2BA$1.12
Evard Place - Solar Powered2 Bedroom 2 Bath2BR,2BA$1.33
Woodbridge ApartmentsPine3BR,1.5BA$1.32
10095 Bluffs CorTownhome A2BR,2.5BA$1.33
Island ClubGrand Bahamas2BR,2BA$1.22
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Windsor OaksThe Cedar1BR,1BA$1.26
St Joe Place2x22BR,2BA$0.80
CANTERBURY GREENWestgate1BR,1BA$1.18

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Pet Friendly Lifestyle
Leo, IN

Ranked #255

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about Leo

What type of rentals are currently available in Leo?

There are currently 41 Apartments for Rent in Leo, IN with pricing that ranges from $600 to $2,500. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leo ranging from $1,095 to $3,200.

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 $1,095 to $3,200 with an average monthly rent of $1,977.

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 $1,249 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $600.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.