
Cheap Apartments for Rent in Leo, IN from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Leo.


Shoaff Park Villas

Graystone Apartments

Fountain Lake Apartment Homes

Blackhawk Apartments

CANTERBURY GREEN

Wallen Hills Apartments

Wood Creek Apartments

Stone Pointe Village
Leo, IN Local Guide

How much does it cost to rent an apartment in Leo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Leo Studio Apartments | $816 | $645 | $1,002 |
Leo 1 Bedroom Apartments | $1,221 | $625 | $2,249 |
Leo 2 Bedroom Apartments | $1,434 | $619 | $2,765 |
Leo 3 Bedroom Apartments | $1,568 | $539 | $2,728 |
Leo 4 Bedroom Apartments | $1,195 | $600 | $2,386 |
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Leo, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Yugo Fort Wayne Arch | 3 Bed, 3 Bath Plus | 3BR,3BA | $549 |
Shoaff Park Villas | Studio, 1 bath | Studio,1BA | $645 |
Graystone Apartments | Graystone Apartments | 1BR,1BA | $690 |
Fountain Lake Apartment Homes | Roselle | Studio,1BA | $720 |
Golfview Apartments | 1 Bedroom/1 Bathroom RenovatedR- A1 | 1BR,1BA | $725 |
Best Value Apartments for Rent in Leo, IN and Nearby
As of March 25, 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 - Utilities Included! 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Morada at Maysville | 2 Bed 2 Bath | 2BR,2BA | $0.85 |
Evard Place - Utilities Included! | Townhomes | 3BR,2.5BA | $1.05 |
Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
Copper Creek Villas | Copper Creek Townhome | 3BR,2.5BA | $1.16 |
7807-7823 Stellhorn Rd | 7809 | 2BR,2BA | $1.23 |
CANTERBURY GREEN | Romeo & Juliet | 2BR,2BA | $0.99 |
Yugo Fort Wayne Arch | 2 Bed, 2 Bath Plus | 2BR,2BA | $0.66 |
Windsor Oaks | The Cedar | 1BR,1BA | $1.26 |
St Joe Place | 2x2 | 2BR,2BA | $0.77 |
Golfview Apartments | 1 Bedroom/1 Bathroom RenovatedR- A1 | 1BR,1BA | $1.26 |
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Pet Friendly LifestyleLeo, IN
Ranked #53
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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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 $690 at Graystone 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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.