
Cheap Homes for Rent in Loretto, MI from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Loretto.


131 Elm St, Unit 1

709 8th St

405 Forest Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

701 Grove St

637 Spruce Holw

521 Cushman St

523 Michigan Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Loretto, MI Local Guide

How much does it cost to rent a home in Loretto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loretto 2 Bedroom Homes for Rent | $1,019 | $995 | $1,064 |
| Loretto 3 Bedroom Homes for Rent | $1,720 | $950 | $2,900 |
| Loretto 4 Bedroom Homes for Rent | $2,216 | $1,850 | $2,900 |
| Loretto 5 Bedroom Homes for Rent | $2,700 | $1,600 | $3,800 |
Browse Top Homes for Rent in Loretto
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Loretto, MI Local Guide
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Cheapest Available Loretto Apartments for Rent and Nearby
 The cheapest available apartment rental in Loretto, MI is a 2 Beds unit found at Silver Creek Mobile Home Estates priced from $600. Crivitz Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Loretto apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Creek Mobile Home Estates | 2 Beds, 1 bath | 2BR,1BA | $600 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $795 |
| Sheridan Estates | 1 bedroom | 1BR,1BA | $795 |
Best Value Apartments for Rent in Loretto, MI and Nearby
As of May 31, 2026 the best value apartment in the Loretto area is the $1.19 price per square foot 4 Bed/ 2.5 Bath Model at Bay Pointe Apartments in the starting from $2,300. The second greatest value Loretto apartment is the Viva Model at Harbor Pointe starting at $2,000 with a $1.25 price per square foot . Here is today’s list of the best values for Loretto apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bay Pointe Apartments | 4 Bed/ 2.5 Bath | 4BR,2.5BA | $1.19 |
| Harbor Pointe | Viva | 3BR,2BA | $1.25 |
| Marina View Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.04 |
| JTaylor Park | 2 Beds, 2 baths | 2BR,2BA | $1.35 |
| 1701 Dunlap Avenue | 2B2B | 2BR,2BA | $1.03 |
| Meadows | 2 Bed 1 Bath Upper | 2BR,1BA | $1.33 |
| Sheridan Estates | 1 bedroom | 1BR,1BA | $0.96 |
| Natures Way Estates | 1 bedroom | 1BR,1BA | $1.08 |
| Crivitz Estates | 1 bedroom | 1BR,1BA | $0.96 |
| Lloyd House I | 2 Bedroom | 2BR,1BA | $1.06 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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!
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Frequently Asked Questions about Loretto
What type of rentals are currently available in Loretto?
There are currently 52 Apartments for Rent in Loretto, MI with pricing that ranges from $600 to $2,900. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loretto ranging from $950 to $3,800.
What is the current price range for Rental Homes in Loretto?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Loretto ranges from $950 to $3,800 with an average monthly rent of $1,750.
How much are larger Three and Four Bedroom Rentals in Loretto?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Loretto range from $1,665 to $2,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,300.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.