
Cheap Apartments for Rent in Leonard, MN from $400 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Leonard.


White House and Blair House

Prairie Rose

Oakwood Homes

McCarthy Apartments

Broadway Apartments

Valley Pines Apartments

Stony Ridge Studios

Presidential Estates/ Justice Apartments
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.

Parkwood Apartments

Parkview Housing

Total Monthly Price
River Falls Estates

Crookston Townhomes

Total Monthly Price
Capitol Hill Studios

Sunridge Apartments

Wheatland Estates

Prairieland Duplexes

First Street Estates
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.

Gatewood Park

Pelican Heights Apartments

Agassiz Townhomes

Meadows Edge Apartments

Timber Ridge Apartments

West River Falls

Greentree Square II

Southwood Park Townhomes

Total Monthly Price
Cedar Pointe Estates Apartments
Cash 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.

1418 Irvine Ave NW, Unit C

Regency Park North

Cedar Street Complex

Total Monthly Price
Regency Park South

The Villas at Vista North

Silver Birch

Pioneer Court A Ltd Ptshp

Marigold Apartments

Valley View Commons
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.

Pleasant View Manor

Park Rapids Apartments

701 Lily Ln

Country Acres Apartment

Country Place Apartments

608 Pleasant Ave S

The Meadows

315 Park Lake Blvd

SummerField Thief River Falls Townhomes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1516 Irvine Ave NW

136 Robertson Dr NW

104 Lake Shore Dr NE
Leonard, MN Local Guide

How much does it cost to rent an apartment in Leonard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Leonard Studio Apartments | $842 | $825 | $900 |
| Leonard 1 Bedroom Apartments | $859 | $580 | $1,020 |
| Leonard 2 Bedroom Apartments | $1,040 | $694 | $1,455 |
| Leonard 3 Bedroom Apartments | $1,155 | $899 | $1,337 |
| Leonard 4 Bedroom Apartments | $1,294 | $1,223 | $1,400 |
Browse Top Apartments in Leonard
See all Apartments in LeonardExplore Leonard
Leonard, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Leonard Apartments for Rent and Nearby
 The cheapest available apartment rental in Leonard, MN is a 1 Bed unit found at Pine Tree Housing Corp. priced from $580. White House and Blair House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Leonard apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine Tree Housing Corp. | One Bed | 1BR,1BA | $580 |
| White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $690 |
| Oakwood Homes | 1B H/C Apartment | 1BR,1BA | $766 |
| Broadway Apartments | 1 bedroom 1 bath | 1BR,1BA | $800 |
| Valley Pines Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $813 |
| Prairie Rose | Two Bedroom Apartment | 2BR,1BA | $823 |
| Presidential Estates/ Justice Apartments | Studio | Studio,1BA | $825 |
| Stony Ridge Studios | Studios | Studio,1BA | $825 |
| River Falls Estates | Unit 111 | 1BR,1BA | $859 |
| West River Falls | 210-305 | 1BR,1BA | $997 |
Best Value Apartments for Rent in Leonard, MN and Nearby
As of June 21, 2026 the best value apartment in the Leonard area is the $0.57 price per square foot 3 Bedroom 1 Bath Handi Cap Unit Model at Agassiz Townhomes in the starting from $1,046. The second greatest value Leonard apartment is the Sherwood 2 bedroom Model at Southwood Park Townhomes starting at $1,080 with a $0.87 price per square foot . Here is today’s list of the best values for Leonard apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Agassiz Townhomes | 3 Bedroom 1 Bath Handi Cap Unit | 3BR,1BA | $0.57 |
| Southwood Park Townhomes | Sherwood 2 bedroom | 2BR,1.5BA | $0.87 |
| SummerField Thief River Falls Townhomes | Three Bedroom Two Bath | 3BR,2BA | $0.97 |
| Prairieland Duplexes | 3 bedroom Duplex | 3BR,1BA | $1.14 |
| Prairie Rose | Three Bedroom Apartment | 3BR,1BA | $1.08 |
| Oakwood Homes | 1B Apartment | 1BR,1BA | $1.03 |
| River Falls Estates | Unit 111 | 1BR,1BA | $1.19 |
| Broadway Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.14 |
| Pine Tree Housing Corp. | 2 Bed | 2BR,2BA | $1.13 |
| White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $1.25 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Leonard, MN Rentals by Map
See the most popular apartments and homes in Leonard, MN
Frequently Asked Questions about Cheap Leonard Apartments
What is the Cheapest Studio apartment in Leonard?
Currently the most affordable Cheap Studio Apartment in Leonard is at Presidential Estates/ Justice Apartments listed at $825.
How much is rent for a Cheap One Bedroom Leonard Apartment?
The lowest price for a Cheap One Bedroom Leonard Apartment is $580 at Pine Tree Housing Corp..
What is the lowest price for a Cheap Two Bedroom Leonard Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Leonard is starting from $694 at Pine Tree Housing Corp..
What is the most affordable Leonard Three Bedroom Apartment?
The best deal on a cheap Leonard Three Bedroom Apartment rental is at Prairie Rose and starts from $951.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.