Cheap Homes for Rent in Loretto, MN from $1,700 (7 Rentals)

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

property at 2710 Upland Ct

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available Now

2710 Upland Ct

MinneapolisMN55447
property at 17732 96th Ave N

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 2 Bath Home for Rent

Available Apr 1

17732 96th Ave N

OsseoMN55311
property at 18171 70th Ave N

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

3 Bedroom, 2 Bath Townhome for Rent

Available Now

18171 70th Ave N

OsseoMN55311

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.

property at 4905 Independence St

$2,219

Total Monthly Price

Total Monthly Price

Base Rent
$2,219

Total Monthly Price
$2,219

4 Bedroom, 2 Bath Home for Rent

Available Now

4905 Independence St

Maple PlainMN55359
property at 9204 Holly Ln N

$2,295

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

3 Bedroom, 3 Bath Townhome for Rent

Available Now

9204 Holly Ln N

Maple GroveMN55311
property at 16872 90th Ct N

$2,495

Total Monthly Price

Total Monthly Price

Base Rent
$2,495

Total Monthly Price
$2,495

3 Bedroom, 3 Bath Townhome for Rent

Available Now

16872 90th Ct N

OsseoMN55311

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.

property at 15716 60th Ave N

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

3 Bedroom, 3 Bath Townhome for Rent

Available Feb 1

15716 60th Ave N

PlymouthMN55446

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 Solace on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,050. Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,059. Here is today’s list of the most affordable Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Solace on Lake MinnetonkaHarrison1BR,1BA$1,050
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
CURRENTSAStudio,1BA$1,064

Best Value Apartments for Rent in Loretto, MN and Nearby

As of January 28, 2026 the best value apartment in the Loretto area is the $1.53 price per square foot Aster Model at Gleason Lake in the in the Groveland neighborhood starting from $2,065. The second greatest value Loretto apartment is the 2BR Model at Bayview Apartments starting at $1,600 with a $1.45 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.
Gleason LakeAster3BR,2BA$1.53
Bayview Apartments2BR2BR,2BA$1.45
Park Place ApartmentsA1R1BR,1BA$1.55
Plymouth Colony2 Bed w/Laundry Remodelled2BR,1.5BA$1.52
Riverwalk Apartments2 bedroom remodel2BR,1BA$1.52
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
Highcroft Manor Apartments Located in Wayzata, MN1BR/1.0BA1BR,1BA$1.48
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.

Read Article
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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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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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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.

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

Explore Loretto, MN Rentals by Map

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Frequently Asked Questions about Loretto

What type of rentals are currently available in Loretto?

There are currently 45 Apartments for Rent in Loretto, MN with pricing that ranges from $975 to $7,552. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loretto ranging from $1,750 to $10,500.

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 $1,750 to $10,500 with an average monthly rent of $3,348.

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 $1,350 to $3,605, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $10,500. Four Bedroom Single-Family rentals are also available starting from $2,219 and Four Bedroom Apartments start at $2,895.

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.