2

Leonardo, NJ Houses for Rent

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  • /9

    $1,900 Per Month

    • 1 Bed
    • 1 Bath
    • House for Rent

    235 Bay Ave Unit 235-23, Leonardo, NJ 07737

    COMING SOON- Can not be shown until 5/5/26Cute home Great quiet street Perfect for just married, singles,or retirees Featuring 1 Bedroom,one bath, an eat in kitche.n A cozy Gem in a great location

    Carole Kubis EXP Realty

    235 Bay Ave Unit 235-23, Leonardo, NJ 07737
  • /56

    $4,200 Per Month

    • 4 Beds
    • 1.5 Baths
    • 1,880 Sq Ft
    • House for Rent

    37 Highland Ave, Leonardo, NJ 07737

    ANNUAL RENTAL - This charming Cape Cod sits on an oversized, elevated lot in a high & dry section of Leonardo. Perfect for commuters, it is close to parks, Sandy Hook, the Parkway, NJ Transit train, & Atlantic Highlands/Belford ferries to NYC. The bright living room features oak hardwood floors & a decorative fireplace, leading to a spacious eat-in kitchen with granite counters and a dining area

    Jacob Smith Ward Wight Sotheby's International Realty

    37 Highland Ave, Leonardo, NJ 07737

Frequently Asked Questions

How much does it cost to rent a single-family home in Leonardo, NJ?
The median rent for a single-family home in Leonardo, NJ is $3,800 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Leonardo, NJ?
To comfortably afford the median rent in Leonardo, NJ, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Leonardo, NJ, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Leonardo, NJ?
In Leonardo, NJ, the price-to-rent ratio is 20.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Leonardo, NJ are best for renting a single-family home?
The best neighborhood for renting in Leonardo, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include New Monmouth and Sea Bright, each with its own character and price range.

Rental Home Trends in Leonardo, NJ

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$3,800
Median 4 Bedroom Single Family Home Rent
$21,300
Median 5 Bedroom Single Family Home Rent
$78,000
How to Rent a Home