Cheap Apartments for Rent in Loretto, VA from $600 (6 Rentals)

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

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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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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Loretto, VA Local Guide

Cheapest Available Loretto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loretto, VA is a 2 Beds unit found at King William Manor Tax Credit 55+ priced from $728. Colonial Square Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,245. Here is today’s list of the most affordable Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
King William Manor Tax Credit 55+2 Bedroom2BR,2BA$728
Colonial Square Apartments2 bedroom 1 bath Standard2BR,1BA$1,245
New Post Apartments1BR1BR,1BA$1,331

Best Value Apartments for Rent in Loretto, VA and Nearby

As of June 02, 2025 the best value apartment in the Loretto area is the $1.46 price per square foot Severn Model at Maple Grove in the starting from $2,195. The second greatest value Loretto apartment is the Bungalow Model at The Bungalows @ Dahlgren- utilities included* starting at $2,125 with a $1.74 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.
Maple GroveSevern2BR,2BA$1.46
The Bungalows @ Dahlgren- utilities included*Bungalow3BR,1BA$1.74
Timber Ridge2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.66
Townsend SquareThe Hathaway3BR,2BA$1.60
The Allure at JeffersonB22BR,2BA$1.85
Camden Hills2 Bedroom2BR,1BA$1.50
Monmouth Woods Apartments2x2 10002BR,2BA$1.44
King William Manor Tax Credit 55+2 Bedroom2BR,2BA$0.85
Colonial Square Apartments2 bedroom 1 Bath Deluxe2BR,1BA$1.60
New Post Apartments1BR1BR,1BA$1.90

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Loretto, VA Rentals by Map

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See the most popular apartments and homes in Loretto, VA

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Frequently Asked Questions about Cheap Loretto Apartments

What is the Cheapest Studio apartment in Loretto?

Currently the most affordable Cheap Studio Apartment in Loretto is at Hanover House listed at $1,400.

How much is rent for a Cheap One Bedroom Loretto Apartment?

The lowest price for a Cheap One Bedroom Loretto Apartment is $1,331 at New Post Apartments.

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 $728 at King William Manor Tax Credit 55+.

What is the most affordable Loretto Three Bedroom Apartment?

The best deal on a cheap Loretto Three Bedroom Apartment rental is at Monmouth Woods Apartments and starts from $1,669.

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.