Cheap Apartments for Rent in Loretto, MN from $500 (26 Rentals)

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Hillcrest Apartments
1 to 2 Bedroom Apartments

Hillcrest Apartments

300 Sunnyridge LnLoretto, MN 55357
Senior Living
  • Utilities Included
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CURRENTS
Rent Specials
$1,064 - $1,745
Plus Fees13 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

CURRENTS

3205 Harbor Ln NPlymouth, MN 55447
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Wayzata Woods
Rent Specials
$1,345 - $2,654
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,654

Total Monthly Price
$1,345 - $2,654
1 to 3 Bedroom Apartments Available Now

Wayzata Woods

240 Central Ave NWayzata, MN 55391
Senior Living
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Oakwood
Rent Specials
$1,409 - $3,344
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $3,340
Required Monthly Fees
$4

Total Monthly Price
$1,409 - $3,344
1 to 2 Bedroom Apartments Available Now

Oakwood

17600 14th Ave NPlymouth, MN 55447
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Rush Creek Apartments
Rent Specials
$1,454 - $2,254
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,450 - $2,250
Required Monthly Fees
$4

Total Monthly Price
$1,454 - $2,254
Studio to 3 Bedroom Apartments Available Now

Rush Creek Apartments

7148 Brockton Ln NMaple Grove, MN 55311
Corporate Housing
  • Verified
  • 3D Tour

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Gleason Lake
Rent Specials
$1,550 - $2,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $2,670

Total Monthly Price
$1,550 - $2,670
1 to 3 Bedroom Apartments Available Now

Gleason Lake

155 Gleason Lake RdWayzata, MN 55391
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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Vicksburg Village
$1,557 - $6,049
Total Monthly Price

Total Monthly Price

Base Rent
$1,549 - $6,041
Required Monthly Fees
$8

Total Monthly Price
$1,557 - $6,049
1 to 3 Bedroom Apartments Available Now

Vicksburg Village

15730 Rockford RdPlymouth, MN 55446
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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Terra Residences
$1,567 - $3,139
Total Monthly Price

Total Monthly Price

Base Rent
$1,503 - $3,075
Required Monthly Fees
$64

Total Monthly Price
$1,567 - $3,139
1 to 2 Bedroom Apartments Available Now

Terra Residences

16101 N 99th PlMaple Grove, MN 55369
Outdoors
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  • Customer Reviewed
  • 3D Tour
property at 8330 Cedar St

8330 Cedar St

RockfordMN55373
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Plymouth Square
1 to 3 Bedroom Apartments

Plymouth Square

15300 37th Ave NPlymouth, MN 55446
property at 533 Maple Square

533 Maple Square

WayzataMN55391

Loretto, MN Local Guide

Cheapest Available Loretto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loretto, MN is a 2 Beds unit found at Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,059. CURRENTS in the Timber Creek Crossing Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,064. Here is today’s list of the most affordable Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
CURRENTSAStudio,1BA$1,064
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1,099
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,120
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Minnetonka EdgewaterOne Bedroom, One Bathroom1BR,1BA$1,250
Bayview Apartments1BR1BR,1BA$1,250
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1,345
Plymouth SquareMonterey1BR,1BA$1,375
Stoneleigh at the ReserveThe ShaleStudio,1BA$1,390

Best Value Apartments for Rent in Loretto, MN and Nearby

As of December 16, 2025 the best value apartment in the Loretto area is the $1.77 price per square foot Freya Model at Norheim Townhomes in the in the Main Street Maple Grove neighborhood starting from $2,645. The second greatest value Loretto apartment is the 2 BR/1 BA Model at Langdon Lake Apartments starting at $1,200 with a $1.25 price per square foot in the Outlying Hennepin Far Western Suburbs neighborhood. Here is today’s list of the best values for Loretto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Norheim TownhomesFreya2BR,1.5BA$1.77
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.25
Park Place ApartmentsA1R1BR,1BA$1.66
Bayview Apartments1BR1BR,1BA$1.39
Shenandoah Woods Apartments2 Bed/12BR,2BA$1.67
Wayzata Lake Apartments1BR/1.0BA1BR,1BA$1.66
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1.70
Shoreline Place2 bed / 1 ba (updated)2BR,1BA$1.60
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1.51
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.60

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Loretto, MN Rentals by Map

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Getting Around Loretto, MN

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Loretto Apartments

What is the Cheapest Studio apartment in Loretto?

Currently the most affordable Cheap Studio Apartment in Loretto is at CURRENTS listed at $1,064.

How much is rent for a Cheap One Bedroom Loretto Apartment?

The lowest price for a Cheap One Bedroom Loretto Apartment is $1,093 at CURRENTS.

What is the lowest price for a Cheap Two Bedroom Loretto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Loretto is starting from $1,059 at Shoreline Place.

What is the most affordable Loretto Three Bedroom Apartment?

The best deal on a cheap Loretto Three Bedroom Apartment rental is at Shenandoah Woods Apartments and starts from $1,800.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.