We use recent results for the gamma*L -> rhoL and gamma*T -> rhoT impact
factors, computed in the impact parameter representation within the collinear
factorization scheme, to get predictions for the polarized cross-sections
sigmaT and sigmaL of the diffractive leptoproduction of the rho meson at high
energy. In this approach the helicity amplitude is a convolution of the
scattering amplitude of a color dipole with a target, together with the virtual
gamma wave function and with the first moments of the rho meson wave function
(in the transverse momentum space), given by the distribution amplitudes up to
twist 3 for the gamma*T -> rhoT impact factor and up to twist 2 for the gamma*L
-> rhoL impact factor. Combining these results with recent dipole models fitted
to DIS data, which include saturation effects, we show that the predictions are
in good agreement with HERA data for photon virtuality (Q**2) larger than
typically 5 GeV**2, without free parameters and with a weak dependence on the
choice of the factorization scale, i.e. the shape of the DAs, for both
longitudinally and transversely polarized rho meson. For lower values of Q**2,
the inclusion of saturation effects is not enough to provide a good description
of HERA data. We believe that it is a signal of a need for higher twist
contributions in the rho meson DAs. We also analyze the radial distributions of
dipoles between the initial gamma* and the final rho meson states.Comment: 49 pages, 20 figure