
Cheap Homes for Rent in Leo, IN from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Leo.


5440 Evard Rd

5636 Robin Run
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.

1120 Bethany Ln

3333 Kendale Dr

7526 Frontier Ave
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.

7311 Denise Dr
Leo, IN Local Guide

How much does it cost to rent a home in Leo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Leo 2 Bedroom Homes for Rent | $1,838 | $1,095 | $2,530 |
Leo 3 Bedroom Homes for Rent | $1,746 | $1,200 | $2,500 |
Leo 4 Bedroom Homes for Rent | $2,349 | $1,800 | $3,200 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shoaff Park Villas | Studio, 1 bath | Studio,1BA | $645 |
Fountain Lake Apartment Homes | Trevi | Studio,1BA | $765 |
Graystone Apartments | Graystone Apartments 1bed studio | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
7819 Stellhorn Rd | 7819 | 2BR,2BA | $1.12 |
Evard Place - Solar Powered | 2 Bedroom 2 Bath | 2BR,2BA | $1.33 |
Woodbridge Apartments | Pine | 3BR,1.5BA | $1.32 |
10095 Bluffs Cor | Townhome A | 2BR,2.5BA | $1.33 |
Island Club | Grand Bahamas | 2BR,2BA | $1.22 |
Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
Windsor Oaks | The Cedar | 1BR,1BA | $1.26 |
St Joe Place | 2x2 | 2BR,2BA | $0.80 |
CANTERBURY GREEN | Westgate | 1BR,1BA | $1.18 |
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Pet Friendly LifestyleLeo, IN
Ranked #255
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 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.

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.

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.

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.