
Cheap Apartments for Rent in Leonardo, NJ from $1,000 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Leonardo.


The Place at Middletown Walk

River Street Commons - 55+ Community
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

KNOLLWOOD GARDENS/ NO PETS ALLOWED

Country Club Apartments

Cove on the Bay

Keyport Harbor Apartment Homes
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.

89 Forest Ave
Leonardo, NJ Local Guide

How much does it cost to rent an apartment in Leonardo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Leonardo Studio Apartments | $1,937 | $1,550 | $2,159 |
Leonardo 1 Bedroom Apartments | $2,521 | $1,075 | $7,544 |
Leonardo 2 Bedroom Apartments | $3,122 | $1,291 | $8,996 |
Leonardo 3 Bedroom Apartments | $2,750 | $1,941 | $4,500 |
Browse Top Apartments in Leonardo
See all Apartments in LeonardoExplore Leonardo
Leonardo, NJ Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Leonardo Apartments for Rent and Nearby
 The cheapest available apartment rental in Leonardo, NJ is a 1 Bed unit found at The Place at Middletown Walk in the Aberdeen Hazlet Middletown neighborhood priced from $1,398. HOLMDEL POINTE in the Crestview Cove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,725. Here is today’s list of the most affordable Leonardo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Place at Middletown Walk | One Bedroom | 1BR,1BA | $1,398 |
HOLMDEL POINTE | One Bedroom | 1BR,1BA | $1,725 |
Country Club Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,770 |
Cove on the Bay | 1 bedroom | 1BR,1BA | $1,818 |
Keyport Harbor Apartment Homes | 1 Bedroom Renovated | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Leonardo, NJ and Nearby
As of May 17, 2025 the best value apartment in the Leonardo area is the $2.56 price per square foot Penthouse Duplex Model at Cove on the Bay in the in the Aberdeen Hazlet Middletown neighborhood starting from $3,700. The second greatest value Leonardo apartment is the 2 Bedroom Model at Shrewsbury Arms Apartments starting at $2,395 with a $2.85 price per square foot in the Greenbriar Falls neighborhood. Here is today’s list of the best values for Leonardo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cove on the Bay | Penthouse Duplex | 2BR,2BA | $2.56 |
Shrewsbury Arms Apartments | 2 Bedroom | 2BR,1BA | $2.85 |
Eatoncrest Apartment Homes | Two Bedroom - 840 sqft | 2BR,1BA | $3.01 |
Country Club Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $2.86 |
Keyport Harbor Apartment Homes | 2 Bedroom Renovated | 2BR,1BA | $2.94 |
HOLMDEL POINTE | One Bedroom | 1BR,1BA | $2.16 |
The Link at Aberdeen Station | Layout C | 1BR,1BA | $3.08 |
Southbrook Gardens | 1 Bedroom | 1BR,1BA | $2.93 |
The Place at Middletown Walk | One Bedroom | 1BR,1BA | $1.97 |
Pleasure Bay | Studio | Studio ,1BA | $3.04 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Leonardo, NJ Rentals by Map
See the most popular apartments and homes in Leonardo, NJ
Getting Around Leonardo, NJ
Walk Score®
55 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Leonardo Apartments
How much is rent for a Cheap One Bedroom Leonardo Apartment?
The lowest price for a Cheap One Bedroom Leonardo Apartment is $1,398 at The Place at Middletown Walk.
What is the lowest price for a Cheap Two Bedroom Leonardo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Leonardo is starting from $1,679 at The Place at Middletown Walk.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.