Cheap Apartments for Rent near Loretto, TN from $300 (51 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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North Village
2 Bedroom Apartments

North Village

114 Pearl StFlorence, AL 35633
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134 E Duncan Ave
2 Bedroom Apartments

134 E Duncan Ave

134 E Duncan AveFlorence, AL 35630
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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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Loretto, TN Local Guide

Cheapest Available Loretto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loretto, TN is a Studio unit found at West Tennessee Street in the Downtown Florence neighborhood priced from $625. Quail Run has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here is today’s list of the most affordable Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Tennessee Street0BR/1.0BAStudio,1BA$625
Quail Run1 Bed, 1 bath1BR,1BA$630
Ivy Pointe Apartments2 Bedroom2BR,1BA$709
Heathrow PlaceOne bedroom residence1BR,1BA$725
Alpine Village Apartments1BR 1BA1BR,1BA$745
Creekside1 Bedroom1BR,1BA$751
Walden Crest2 Bedroom2BR,2BA$753
Polynessian Village1 Bed, 1 bath1BR,1BA$785
Swan Creek Apartments1 bedroom1BR,1BA$795
Tanglewood ApartmentsTwo Bedroom Residence2BR,1BA$799

Best Value Apartments for Rent in Loretto, TN and Nearby

As of August 17, 2026 the best value apartment in the Loretto area is the $0.79 price per square foot 2BR/2.0BA Model at 2/2 Apartment - Killen, AL in the starting from $1,000. The second greatest value Loretto apartment is the Village Parc Model at Village Parc Apartments starting at $1,050 with a $0.88 price per square foot in the Downtown Florence 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.
2/2 Apartment - Killen, AL2BR/2.0BA2BR,2BA$0.79
Village Parc ApartmentsVillage Parc2BR,2.5BA$0.88
Starhill Apartments2BR/2.0BA2BR,2BA$0.83
Seville Place Apartment Village2 BR/2 BA2BR,2BA$0.96
Bellamy Florence3x33BR,3BA$0.50
Cypress Ridge2 Bedroom 2 Bathroom2BR,2BA$0.75
Walden Crest2 Bedroom2BR,2BA$0.71
Alpine Village Apartments2Br 2BA2BR,2BA$0.98
Ivy Pointe Apartments2 Bedroom2BR,1BA$0.75
Quail Run2 Beds, 1 bath2BR,1BA$0.95

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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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.

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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, TN Rentals by Map

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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 $630 at Quail Run.

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 $709 at Ivy Pointe Apartments.

What is the most affordable Loretto Three Bedroom Apartment?

The best deal on a cheap Loretto Three Bedroom Apartment rental is at Ivy Pointe Apartments and starts from $749.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.