Rents are 14% below what Leesburg's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,762 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in Leesburg usually run 1% below trend in January and 1.3% above it in July, about $41 a month apart at today's median. Based on 11 years of data.
Rent in Leesburg is 0.9% below its high of $1,778 in July 2026, at $1,762 as of September 2026.
Rent in Leesburg changed +0.9% over the year to September 2026. Across the 270 Florida cities Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in Leesburg rose 53.3% while median household income rose 42.6% ($37,092 to $52,880). Rent outpaced income.
Rent in Leesburg is 45.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($52,880) is $1,322 a month. That is less than HUD's Fair Market Rent for a studio ($1,430).
Fruitland Park, 4 miles away, rents for 12% less ($1,546/mo), about $2,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Leesburg. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Leesburg, FL is majority owner-occupied, has a large retiree population, has a median income below the national average, 21.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Leesburg, FL has changed in 5 years
Across the past five years, the going rent in Leesburg, FL has shifted from $1,261 to $1,762, up 39.7% since 2021. Median household income climbed from $37,350 to $52,880 between 2021 and 2024, a 41.6% shift. Census counts show Leesburg, FL adding about 4,565 residents over the five-year window, up 17.4% on net. The renter share has eased from 47.3% to 37.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 14.6% to 21.3% across the same window. Taken together, the five-year picture in Leesburg, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Leesburg on your salary?
At $1,762/mo, how Leesburg rent compares to typical pay (30% rule).
Leesburg rent by bedroom count
Median rent for each apartment size in Leesburg. Click any size for full breakdown.
Tips for renters in Leesburg
Last updated: October 17, 2026
The median rent in Leesburg is $1,762/mo as of October 2026. A studio apartment averages $1,430/mo while a 2-bedroom runs $1,710/mo. One-bedroom apartments average $1,505/mo and 3-bedroom units go for $2,170/mo.
At 40% of local median household income ($52,880/yr), Leesburg ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.9% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Leesburg?
At $1,762/mo, rent takes ~40% of Leesburg's median household income ($52,880/yr). The standard benchmark is 30%.
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