
Cheap Homes for Rent in Leonard, MN from $900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Leonard.

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.

1418 Irvine Ave NW, Unit C
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.

103 14 St NW
Leonard, MN Local Guide

How much does it cost to rent a home in Leonard?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Leonard 2 Bedroom Homes for Rent | $1,525 | $1,075 | $2,200 |
| Leonard 3 Bedroom Homes for Rent | $2,510 | $950 | $5,995 |
| Leonard 4 Bedroom Homes for Rent | $1,898 | $1,750 | $1,995 |
| Leonard 5 Bedroom Homes for Rent | $1,900 | $1,850 | $1,950 |
Browse Top Homes for Rent in Leonard
Explore Leonard
Leonard, MN Local Guide
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Best Value Apartments for Rent in Leonard, MN and Nearby
As of June 12, 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 |
| River Falls Estates | Unit 213 | 2BR,1BA | $1.07 |
| 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 |
| 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 Leonard
What type of rentals are currently available in Leonard?
There are currently 44 Apartments for Rent in Leonard, MN with pricing that ranges from $580 to $1,455. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leonard ranging from $950 to $5,995.
What is the current price range for Rental Homes in Leonard?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Leonard ranges from $950 to $5,995 with an average monthly rent of $1,909.
How much are larger Three and Four Bedroom Rentals in Leonard?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Leonard range from $899 to $1,337, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,223.
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.