Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Leonard & Beyond
Leonard shares many of the great qualities that make North Dakota a desirable place to live.
North Dakota is where grass fields and rolling prairies meet friendly communities with a rich history. Dive into the state's culture and heritage by visiting the North Dakota Heritage Center and Plains Art Museum or delving into esteemed institutions like the University of North Dakota, North Dakota State University, and Dickinson State University. North Dakota's economy is diverse, with thriving agriculture, energy, and technology industries. The state offers boundless opportunities for outdoor enthusiasts, from hunting and fishing in the Great Plains to skiing in the nearby mountains.
Sports fans will find plenty of excitement in North Dakota, with the option to attend thrilling college sports games at universities and participate in year-round activities such as hunting, fishing, and skiing. In addition, discover iconic attractions like the Theodore Roosevelt National Park, Fort Union Trading Post, Knife River Indian Villages National Historic Site, and the historic city of Bismarck.
Home to the Missouri River and Yellowstone National Park, North Dakota is a great place to live and work for those who enjoy outdoor recreation and a unique northern experience.
Rental Market Trends
Leonard, ND
As of June 2026, Leonard's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Leonard's average rent is 28.9% ($307) lower than the North Dakota average of $1,062 and 58.0% ($1,042) lower than the U.S. average of $1,797.
Average Rent
$755
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
44
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $664 | No change | No change |
| 2 Beds | $755 | No change | No change |
| 3 Beds | $1,029 | 0.1% ($1) | No change |
| Nearby Cities | Average Rent | Avg. Rent vs. LeonardAverage Rent vs. Leonard | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Lisbon | $758 | 0.4% ($3) | 32 days |
| West Fargo | $1,148 | 52.1% ($393) | 47 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Leonard Rental Market FAQs
Explore rental prices, market trends, and availability in Leonard, ND.
The average rent in Leonard, ND is $755 per month.
Homes in Leonard typically rent for between $600 and $1,338 per month, with an average of $755 per month.
In Leonard, the average rent for a 1-bedroom home is $664 per month, for a 2-bedroom home, $755 per month, and a 3-bedroom home is $1,029 per month.
The average rent in Leonard is 58% ($1,042) lower than the national average of $1,797 per month.
The rental market in Leonard, ND, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Leonard, ND, the average rental stays on the market for approximately 44 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Leonard, ND.
Based on the current averages, a household would need an annual income of $30,200 to comfortably afford a 2-bedroom home in Leonard.
