Cheap Apartments for Rent in Leo, IN from $500 (13 Rentals)

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Montrose Square
Studio to 2 Bedroom Apartments

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Leo, IN Local Guide

Cheapest Available Leo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Leo, IN is a 3 Beds unit found at Yugo Fort Wayne Arch in the Northeast Fort Wayne neighborhood priced from $549. Shoaff Park Villas in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $645. Here is today’s list of the most affordable Leo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yugo Fort Wayne Arch3 Bed, 3 Bath Plus3BR,3BA$549
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Wood Creek ApartmentsThe Willow1BR,1BA$699
Fountain Lake Apartment HomesRoselleStudio,1BA$720
Blackhawk ApartmentsAspen1BR,1BA$784

Best Value Apartments for Rent in Leo, IN and Nearby

As of April 28, 2025 the best value apartment in the Leo area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Leo apartment is the Townhomes Model at Evard Place - Solar Powered starting at $2,000 with a $1.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.85
Evard Place - Solar PoweredTownhomes3BR,2.5BA$1.05
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$1.13
Copper Creek VillasCopper Creek Townhome3BR,2.5BA$1.16
Yugo Fort Wayne Arch2 Bed, 2 Bath Plus2BR,2BA$0.66
Windsor OaksThe Cedar1BR,1BA$1.26
St Joe Place2x22BR,2BA$0.80
Northcrest GardensTwo Bedroom2BR,1BA$1.28
CANTERBURY GREENWestgate1BR,1BA$1.23
Wood Creek ApartmentsThe Willow1BR,1BA$1.17

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Pet Friendly Lifestyle
Leo, IN

Ranked #84

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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See the most popular apartments and homes in Leo, IN

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Frequently Asked Questions about Cheap Leo Apartments

What is the Cheapest Studio apartment in Leo?

Currently the most affordable Cheap Studio Apartment in Leo is at Shoaff Park Villas listed at $645.

How much is rent for a Cheap One Bedroom Leo Apartment?

The lowest price for a Cheap One Bedroom Leo Apartment is $699 at Wood Creek Apartments.

What is the lowest price for a Cheap Two Bedroom Leo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Leo is starting from $619 at Yugo Fort Wayne Arch.

What is the most affordable Leo Three Bedroom Apartment?

The best deal on a cheap Leo Three Bedroom Apartment rental is at Yugo Fort Wayne Arch and starts from $549.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.