Cheap Homes for Rent in Loretto, MN from $900 (9 Rentals)

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

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
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
property at 17722 68th Pl N

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 15

17722 68th Pl N

OsseoMN55311

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.

property at 18037 96th Ave N

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 2 Bath Townhome for Rent

Available Now

18037 96th Ave N

OsseoMN55311
property at 6597 Olive Ln N

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 3 Bath Townhome for Rent

Available Jun 15

6597 Olive Ln N

Maple GroveMN55311
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 Jun 15

5040 Holly Ln N

PlymouthMN55446

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

Apartment ListingModel NameBed/BathPriced From
Bayview ApartmentsStudioStudio,1BA$1,100
Riverwalk Apartments1 bedroom 1 bath1BR,1BA$1,100
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1,199

Best Value Apartments for Rent in Loretto, MN and Nearby

As of June 13, 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 2 Bed w/Laundry Remodelled Model at Plymouth Colony starting at $1,475 with a $1.58 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
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
Plymouth SquareMonterey1BR,1BA$1.86
Harbor District ApartmentsLarge one bedroom with in unit W/D1BR,1BA$1.86
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
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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
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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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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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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 48 Apartments for Rent in Loretto, MN with pricing that ranges from $1,050 to $14,158. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loretto ranging from $900 to $14,995.

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 $900 to $14,995 with an average monthly rent of $6,243.

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 $14,158, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $10,500. Four Bedroom Single-Family rentals are also available starting from $2,940 and Four Bedroom Apartments start at $2,999.

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 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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.