Cheap Apartments for Rent in Loretto, PA from $400 (49 Rentals)

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

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.

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Latrobe Apartments
Studio to 3 Bedroom Apartments

Latrobe Apartments

409 Lehmer StLatrobe, PA 15650

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.

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111 Broad St
Studio to 2 Bedroom Apartments

111 Broad St

111 Broad StHollidaysburg, PA 16648
  • Utilities Included

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.

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746 Park Ave
2 Bedroom Apartments

746 Park Ave

746 Park AveJohnstown, PA 15902
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125 Boyer St
2 to 3 Bedroom Apartments

125 Boyer St

125 Boyer StJohnstown, PA 15906
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744 Highland Ave
2 Bedroom Apartments

744 Highland Ave

744 Highland AveJohnstown, PA 15902
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Hopper Commons
2 to 3 Bedroom Apartments

Hopper Commons

126 Hopper LnHollidaysburg, PA 16648

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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954 Bedford St
3 to 4 Bedroom Apartments

954 Bedford St

954 Bedford StJohnstown, PA 15902
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416 Linden Ave
2 Bedroom Apartments

416 Linden Ave

416 Linden AveJohnstown, PA 15902
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433 Ferndale Ave
2 Bedroom Apartments

433 Ferndale Ave

433 Ferndale AveJohnstown, PA 15905
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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814 Edgehill Drive
1 to 2 Bedroom Apartments

814 Edgehill Drive

814 Edgehill DrJohnstown, PA 15905
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Laurel Woods
1 to 3 Bedroom Apartments

Laurel Woods

1943 Saint Joseph StCresson, PA 16630
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Loretto, PA Local Guide

Cheapest Available Loretto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loretto, PA is a 2 Beds unit found at Traverse Commons priced from $540. State College Collective on Farmstead has the second lowest priced unit, which is a 3 Beds apartment currently listed from $735. Here is today’s list of the most affordable Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Traverse CommonsAspen - 2/2 SINGLE ROOM LEASE2BR,2BA$540
State College Collective on Farmstead3BR/3.5BA - Standard - Unfurnished3BR,3BA$735
State College Collective on Aaron3BR/3.5BR - Upgraded Unfurnished - C3BR,3BA$750
Forest Hills ApartmentsTwo Bedroom2BR,1BA$790
Russell Building2 Bed 1 Bath2BR,1BA$800
Mountain ViewUnfurnished2BR,2BA$800
Bloomfield Apartments2 Bedroom2BR,1BA$825
78 Fairfield Ave2 Beds, 1 bath2BR,1BA$850
Luxor Gardens Apartments1 BR1BR,1BA$850
218 Walnut St2 Bedroom2BR,1BA$900

Best Value Apartments for Rent in Loretto, PA and Nearby

As of April 29, 2026 the best value apartment in the Loretto area is the $0.81 price per square foot Two Bedroom + Den Model at Wolf Run in the starting from $1,600. The second greatest value Loretto apartment is the 3BR/3.5BA - Standard - Upgraded Unfurnished Model at State College Collective on Farmstead starting at $765 with a $0.44 price per square foot . 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.
Wolf RunTwo Bedroom + Den2BR,2.5BA$0.81
State College Collective on Farmstead3BR/3.5BA - Standard - Upgraded Unfurnished3BR,3.5BA$0.44
State College Collective on Aaron3BR/3.5BR - Furnished - C3BR,3.5BA$0.46
The Cottages on Campus4 Beds, 2 Baths4BR,2BA$0.43
State College Collective on Northbrook2BR/2.5BA - Furnished2BR,2.5BA$0.79
Ridgewood Greene3 Bedroom Unit3BR,1.5BA$0.90
The Bryn3BR/2BA3BR,2BA$0.78
218 Walnut St2 Bedroom2BR,1BA$0.90
Altoona Student Housing1 Bed1BR,1BA$0.46
Bloomfield Apartments2 Bedroom2BR,1BA$0.92

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.

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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.

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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, PA Rentals by Map

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See the most popular apartments and homes in Loretto, PA

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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 $780 at Traverse Commons.

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 $540 at Traverse Commons.

What is the most affordable Loretto Three Bedroom Apartment?

The best deal on a cheap Loretto Three Bedroom Apartment rental is at State College Collective on Farmstead and starts from $735.

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

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.