8627 Woodlawn Dr
RockfordMN55373
Cheap Homes for Rent in Loretto, MN from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Loretto.
127 Hillview Ln
LorettoMN55357
5050 Holly Ln N
PlymouthMN55446
17941 69th Pl N
Maple GroveMN55311
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.
17644 69th Pl N
Maple GroveMN55311
9012 Garland Ln N
Maple GroveMN55311
5040 Holly Ln N
PlymouthMN55446
17050 78th Pl 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.
3912 Everest Ln N
PlymouthMN55446
Showing Results 1-9, Page 1 of 1
Loretto, MN Local Guide
Snow Geese Migrating by USFWS Midwest Region is licensed under CC BY 2.0
How much does it cost to rent a home in Loretto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loretto 2 Bedroom Homes for Rent | $2,292 | $1,650 | $2,900 |
| Loretto 3 Bedroom Homes for Rent | $4,192 | $2,225 | $10,000+ |
| Loretto 4 Bedroom Homes for Rent | $4,445 | $2,750 | $7,995 |
| Loretto 5 Bedroom Homes for Rent | $11,997 | $5,995 | $10,000+ |
| Loretto 6 Bedroom Homes for Rent | $14,995 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Loretto, MN Local Guide
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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. Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here is today’s list of the most affordable Loretto apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoreline Place | 2 bed / 1 ba | 2BR,1BA | $1,059 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1,120 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Loretto, MN and Nearby
As of April 29, 2026 the best value apartment in the Loretto area is the $1.70 price per square foot WEAVER Model at Rush Creek Apartments in the in the Delgany Vineyards neighborhood starting from $2,564. The second greatest value Loretto apartment is the 2BR/2.0BA Model at Highcroft Manor Apartments Located in Wayzata, MN starting at $1,598 with a $1.55 price per square foot in the Groveland neighborhood. 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. |
|---|---|---|---|
| Rush Creek Apartments | WEAVER | 3BR,2BA | $1.70 |
| Highcroft Manor Apartments Located in Wayzata, MN | 2BR/2.0BA | 2BR,2BA | $1.55 |
| Avana Maple Grove | Birch | 2BR,2BA | $1.77 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Shenandoah Woods | 2 Bedroom, Tax Credit | 2BR,1BA | $1.65 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.74 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.60 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Loretto, MN
Frequently Asked Questions about Loretto
What type of rentals are currently available in Loretto?
There are currently 47 Apartments for Rent in Loretto, MN with pricing that ranges from $1,050 to $14,725. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loretto ranging from $1,650 to $18,000.
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 $1,650 to $18,000 with an average monthly rent of $7,584.
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 $14,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,225 to $10,500. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $2,750.
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
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.