11397 16th St NE
Saint MichaelMN55376
Cheap Homes for Rent in Loretto, MN from $1,800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Loretto.
120 Inglewood St
Long LakeMN55356
17697 65th 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.
15257 60th Ave N
MinneapolisMN55446
6841 Narcissus Ln N
Maple GroveMN55311
16911 79th Ave 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.
15661 60th Ave N
MinneapolisMN55446
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Loretto, MN Local Guide
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How much does it cost to rent a home in Loretto?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loretto 2 Bedroom Homes for Rent | $3,422 | $1,850 | $4,995 |
| Loretto 3 Bedroom Homes for Rent | $3,042 | $1,950 | $7,500 |
| Loretto 4 Bedroom Homes for Rent | $4,401 | $2,345 | $10,000+ |
| Loretto 5 Bedroom Homes for Rent | $5,898 | $2,795 | $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 Reflection | 1BR,1BA | $1,120 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Loretto, MN and Nearby
As of October 28, 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 3 Bed /2 Bath Model at Shenandoah Woods Apartments starting at $1,800 with a $1.54 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Norheim Townhomes | Freya | 2BR,1.5BA | $1.77 |
| Shenandoah Woods Apartments | 3 Bed /2 Bath | 3BR,2BA | $1.54 |
| Arbor Glen | Birch | 2BR,2BA | $1.76 |
| Park Place Apartments | A1R | 1BR,1BA | $1.61 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.77 |
| Harbor District Apartments | Large one bedroom with in unit W/D | 1BR,1BA | $1.86 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.60 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.78 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1.60 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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.
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Frequently Asked Questions about Loretto
What type of rentals are currently available in Loretto?
There are currently 43 Apartments for Rent in Loretto, MN with pricing that ranges from $975 to $4,460. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loretto ranging from $1,850 to $15,000.
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 $1,850 to $15,000 with an average monthly rent of $4,190.
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 $3,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,345 and Four Bedroom Apartments start at $2,895.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.