Cheap Apartments for Rent in Loretto, MN from $500 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Loretto.

close
View Me
Hillcrest Apartments
1 to 2 Bedroom Apartments

Hillcrest Apartments

300 Sunnyridge LnLoretto, MN 55357
Senior Living
  • Utilities Included

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.

close
View Me
Stoneleigh at the Reserve
$1,313 - $3,518
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $3,510
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Stoneleigh at the Reserve

5200-5300 Annapolis Ln NPlymouth, MN 55446
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Plymouth Square
$1,398 - $3,403
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $3,395
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Plymouth Square

15300 37th Ave NPlymouth, MN 55446
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Wayzata Woods
Rent Specials
$1,400 - $2,354
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,354

Total Monthly Price
$1,400 - $2,354
1 to 3 Bedroom Apartments Available Now

Wayzata Woods

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

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.

close
View Me
Oakwood
Rent Specials
$1,519 - $3,289
Total Monthly Price

Total Monthly Price

Base Rent
$1,515 - $3,285
Required Monthly Fees
$4

Total Monthly Price
$1,519 - $3,289
1 to 2 Bedroom Apartments Available Now

Oakwood

17600 14th Ave NPlymouth, MN 55447
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Edison at Maple Grove
Rent Specials
$1,555 - $2,870
Total Monthly Price

Total Monthly Price

Base Rent
$1,547 - $2,862
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Edison at Maple Grove

9820 Garland Ln NMaple Grove, MN 55311
Affordability
  • Verified
  • 3D Tour
close
View Me
Gleason Lake
Rent Specials
$1,585 - $2,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,585 - $2,700

Total Monthly Price
$1,585 - $2,700
1 to 3 Bedroom Apartments Available Now

Gleason Lake

155 Gleason Lake RdWayzata, MN 55391
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Avana Maple Grove
Rent Specials
$1,593 - $3,907
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,567 - $3,881
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Avana Maple Grove

9325 Garland LaneMaple Grove, MN 55311
Corporate Housing
  • Verified
  • Customer Reviewed
  • 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.

close
View Me
Vicksburg Village
$1,603 - $4,740
Total Monthly Price

Total Monthly Price

Base Rent
$1,603 - $4,740

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Vicksburg Village

15730 Rockford RdPlymouth, MN 55446
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Park Place Apartments
$1,675 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,664 - $2,588
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Park Place Apartments

14550 34th Ave NPlymouth, MN 55447
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Terra Residences
$1,743 - $2,263
Total Monthly Price

Total Monthly Price

Base Rent
$1,689 - $2,209
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Terra Residences

16101 N 99th PlMaple Grove, MN 55369
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Rush Creek Apartments
Rent Specials
$2,091 - $2,656
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,035 - $2,600
Required Monthly Fees
$56

Total Monthly Price
$2,091 - $2,656
Studio to 3 Bedroom Apartments Available Now

Rush Creek Apartments

7148 Brockton Ln NMaple Grove, MN 55311
Corporate Housing
  • Verified
  • 3D Tour
property at 8330 Cedar St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Townhome for Rent

Available Now

8330 Cedar St

RockfordMN55373

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.

close
View Me
Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
  • Utilities Included
close
View Me
9080 County Road 50
Studio to 2 Bedroom Apartments

9080 County Road 50

9080 County Road 50Rockford, MN 55373
  • Utilities Included
close
View Me
Garland Commons - 55+
Studio to 2 Bedroom Apartments

Garland Commons - 55+

9651 Garland LnMaple Grove, MN 55311
Senior Living
  • Utilities Included
property at 763 Rockford Ave E

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

763 Rockford Ave E

DelanoMN55328
property at 15800 26th Ave N

$1,799

Total Monthly Price

Total Monthly Price

Base Rent
$1,799

Total Monthly Price
$1,799

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 1

15800 26th Ave N

PlymouthMN55447

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

close
View Me
Fernbrook Townhomes
2 to 3 Bedroom Apartments

Fernbrook Townhomes

14200-14224 43rd Ave NPlymouth, MN 55446
property at 5040 Holly Ln N

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

3 Bedroom, 3 Bath Townhome for Rent

Available Now

5040 Holly Ln N

PlymouthMN55446
property at 17770 66th Ave N

$2,295

Total Monthly Price

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

3 Bedroom, 3 Bath Townhome for Rent

Available Jul 15

17770 66th Ave N

OsseoMN55311

Loretto, MN Local Guide

Cheapest Available Loretto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loretto, MN is a 1 Bed unit found at Riverwalk Apartments in the Highland Ridge neighborhood priced from $1,100. Lakecrest Village in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here is today’s list of the most affordable Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverwalk Apartments1 bedroom 1 bath1BR,1BA$1,100
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1,199
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Dockside Apartments & Boat Slips - Lake MinnetonkaThe Marina1BR,1BA$1,205
CURRENTSAStudio,1BA$1,225
Minnetonka Edgewater Apartments and Boat SlipsThe Shoreline1BR,1BA$1,295
Stoneleigh at the ReserveThe ShaleStudio,1BA$1,313
3455 Shoreline Dr2 Bed/1 Bath2BR,1BA$1,350
Harbor District ApartmentsLarge one bedroom with in unit W/D1BR,1BA$1,395
Plymouth SquareMonterey1BR,1BA$1,398

Best Value Apartments for Rent in Loretto, MN and Nearby

As of June 20, 2026 the best value apartment in the Loretto area is the $1.75 price per square foot Henrik Model at Norheim Townhomes in the in the Main Street Maple Grove neighborhood starting from $3,355. The second greatest value Loretto apartment is the A1R Model at Park Place Apartments starting at $1,675 with a $1.75 price per square foot in the Timber Creek Crossing Village 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 TownhomesHenrik3BR,2.5BA$1.75
Park Place ApartmentsA1R1BR,1BA$1.75
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1.63
Plymouth Colony2 Bed w/Laundry Remodelled2BR,1.5BA$1.58
Riverwalk Apartments2 bedroom remodel2BR,1BA$1.44
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
3455 Shoreline Dr2 Bed/1 Bath2BR,1BA$1.69
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1.77
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1.64
Dockside Apartments & Boat Slips - Lake MinnetonkaThe Marina1BR,1BA$1.72

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Loretto, MN Rentals by Map

View Map
Loretto, MN Apartments Map
View Map
Loretto, MN Rental Homes Map

Frequently Asked Questions about Cheap Loretto Apartments

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

The lowest price for a Cheap One Bedroom Loretto Apartment is $1,100 at Riverwalk Apartments.

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 $1,200 at Langdon Lake Apartments.

What is the most affordable Loretto Three Bedroom Apartment?

The best deal on a cheap Loretto Three Bedroom Apartment rental is at Silvan Townhomes and starts from $2,150.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.