Cheap Homes for Rent in Leonardo, NJ from $1,700 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Leonardo.

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.

property at 738 Port Monmouth Rd

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1.5 Bath Home for Rent

Available May 31

738 Port Monmouth Rd

Port MonmouthNJ07758
property at 96 East Ave

$2,500 - $2,550

1 Bedroom Rentals

Available Now

96 East Ave

Atlantic HighlandsNJ07716

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.

Leonardo, NJ Local Guide

Cheapest Available Leonardo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Leonardo, NJ is a 2 Beds unit found at Bayshore Village (62+) in the Aberdeen Hazlet Middletown neighborhood priced from $1,291. McGuire's Grove in the Aberdeen Hazlet Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here is today’s list of the most affordable Leonardo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1,291
McGuire's Grove1 Bedroom (Low)1BR,1BA$1,525
Oceanport Gardens1 BD / 1 BA1BR,1BA$1,539

Best Value Apartments for Rent in Leonardo, NJ and Nearby

As of April 27, 2026 the best value apartment in the Leonardo area is the $2.66 price per square foot 2 Bed, 2 Bth Model at The Forum in the in the Greenbriar Falls neighborhood starting from $4,250. The second greatest value Leonardo apartment is the Penthouse Duplex Model at Cove on the Bay starting at $3,700 with a $2.56 price per square foot in the Aberdeen Hazlet Middletown neighborhood. Here is today’s list of the best values for Leonardo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Forum2 Bed, 2 Bth2BR,2BA$2.66
Cove on the BayPenthouse Duplex2BR,2BA$2.56
The Apartments at Aberdeen StationB32BR,2BA$2.50
McGuire's Grove1 Bedroom (Low)1BR,1BA$1.45
Bayshore Village (62+)2 Beds, 1 bath2BR,1BA$1.34
Country Club Apartments2 Bedroom Deluxe2BR,1BA$2.74
Wedgewood Gardens1 Bedroom FM1BR,1BA$2.54
HOLMDEL POINTEOne Bedroom1BR,1BA$2.24
Beachway ApartmentsRenovated 1 Bedroom1BR,1BA$2.46
Oceanport Gardens1 BD / 1 BA1BR,1BA$2.57

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Leonardo, NJ Rentals by Map

View Map
Leonardo, NJ Apartments Map
View Map
Leonardo, NJ Rental Homes Map

Frequently Asked Questions about Leonardo

What type of rentals are currently available in Leonardo?

There are currently 62 Apartments for Rent in Leonardo, NJ with pricing that ranges from $663 to $6,500. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Leonardo ranging from $1,700 to $24,000.

What is the current price range for Rental Homes in Leonardo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Leonardo ranges from $1,700 to $24,000 with an average monthly rent of $4,581.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.