
Cheap Homes for Rent in Leo, IN from $900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Leo.


1814 W Till Rd

3519 Shoaff Park River Dr

7715 E State Blvd

7701 E State Blvd

5028 Woodmark Dr

10507 Old Leo Rd
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.

2606 Sandarac Ln

2415 Carew St

10507 1/2 Old Leo Rd

5634 Robin Run

2520 Lynn Ave

6510 Meadow Wood Pl

4353 N County Rd
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 a home in Leo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Leo 2 Bedroom Homes for Rent | $3,143 | $995 | $10,000+ |
| Leo 3 Bedroom Homes for Rent | $1,804 | $1,200 | $2,500 |
| Leo 4 Bedroom Homes for Rent | $2,349 | $1,999 | $2,500 |
| Leo 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Leo
Explore Leo
Leo, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Leo Apartments for Rent and Nearby
 The cheapest available apartment rental in Leo, IN is a Studio unit found at Graystone Apartments in the Northeast Fort Wayne neighborhood priced from $700. Wallen Hills Apartments in the Northwest Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $818. Here is today’s list of the most affordable Leo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Graystone Apartments | Studio | Studio,1BA | $700 |
| Wallen Hills Apartments | Ivywood | Studio,1BA | $818 |
| Blackhawk Apartments | Autumn | 1BR,1BA | $840 |
| Wood Creek Apartments | The Willow | 1BR,1BA | $850 |
| Fountain Lake Apartment Homes | Versailles | 1BR,1BA | $872 |
Best Value Apartments for Rent in Leo, IN and Nearby
As of March 13, 2026 the best value apartment in the Leo area is the $0.75 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,599. 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 | $0.75 |
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Villas for Rent by Capital Property Management, LLC | 3BR/2.5BA | 3BR,2.5BA | $1.30 |
| Evard Place - Solar Powered | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Union Club Apartments | Cloverdale | 1BR,1BA | $1.35 |
| Windsor Oaks | The Cedar | 1BR,1BA | $1.26 |
| Woodbridge Apartments | Teak | 2BR,1BA | $1.38 |
| St Joe Place | 2x2 | 2BR,2BA | $0.86 |
| Fountain Lake Apartment Homes | Versailles | 1BR,1BA | $1.21 |
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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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 42 Apartments for Rent in Leo, IN with pricing that ranges from $625 to $2,500. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leo ranging from $995 to $28,999.
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 $995 to $28,999 with an average monthly rent of $2,359.
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 $1,225 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 $1,999 and Four Bedroom Apartments start at $625.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.