Cheap Homes for Rent in Loretto, VA from $1,500 (10 Rentals)

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

property at 598 Wakefield Dr

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available May 9

598 Wakefield Dr

Colonial BeachVA22443
property at 90 Charles Way

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

2 Bedroom, 1 Bath Home for Rent

Available Now

90 Charles Way

Colonial BeachVA22443
property at 1929 Sierra Dr

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

2 Bedroom, 1 Bath Home for Rent

Available Jun 5

1929 Sierra Dr

FredericksburgVA22405
property at 8442 Indiantown Rd

$1,545

Total Monthly Price

Total Monthly Price

Base Rent
$1,545

Total Monthly Price
$1,545

2 Bedroom, 1 Bath Townhome for Rent

Available Now

8442 Indiantown Rd

King GeorgeVA22485
property at 1667 Monroe Bay Cir

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 2 Bath Home for Rent

Available Now

1667 Monroe Bay Cir

Colonial BeachVA22443

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.

property at 9434 Inaugural Dr

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

3 Bedroom, 1.5 Bath Home for Rent

Available Now

9434 Inaugural Dr

King GeorgeVA22485
property at 10502 Guilderland Ct

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 2 Bath Townhome for Rent

Available Jun 5

10502 Guilderland Ct

FredericksburgVA22408
property at 588 Wakefield Dr

$2,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

3 Bedroom, 2 Bath Home for Rent

Available Now

588 Wakefield Dr

Colonial BeachVA22443
property at 106 BONNIE Dr

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

3 Bedroom, 2 Bath Home for Rent

Available Now

106 BONNIE Dr

Colonial BeachVA22443
property at 106 Bonnie Dell Dr

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

3 Bedroom, 2 Bath Home for Rent

Available Jul 7

106 Bonnie Dell Dr

Colonial BeachVA22443

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.

Loretto, VA Local Guide

Cheapest Available Loretto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loretto, VA is a 1 Bed unit found at Heights at Jackson Village, A 55+ Community in the Lee's Parke Estates neighborhood priced from $1,250. The Commons at Cowan Boulevard in the Riverwalk neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here is today’s list of the most affordable Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heights at Jackson Village, A 55+ Community1 Bedroom (Income Guidelines)1BR,1BA$1,250
The Commons at Cowan Boulevard1A1BR,1BA$1,399
Camden Hills1 Bedroom1BR,1BA$1,399

Best Value Apartments for Rent in Loretto, VA and Nearby

As of May 08, 2026 the best value apartment in the Loretto area is the $1.39 price per square foot Severn Model at Maple Grove in the starting from $2,085. The second greatest value Loretto apartment is the Tuscaloosa Model at Abberly at Southpoint Apartment Homes starting at $2,915 with a $1.95 price per square foot in the Lee's Parke Estates 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.
Maple GroveSevern2BR,2BA$1.39
Abberly at Southpoint Apartment HomesTuscaloosa3BR,2BA$1.95
The Bungalows @ Dahlgren- utilities included*Bungalow3BR,1BA$1.89
New Post Apartments3BR3BR,2BA$1.65
Townsend SquareThe Hathaway3BR,2BA$1.61
Camden Hills2 Bedroom W/D2BR,1BA$1.85
Brittany Commons Apartments2 Bedroom 2 Bath with Patio or Balcony Greenwich2BR,2BA$1.85
Riverwoods Apartments of FredericksburgThe Maple1BR,1BA$1.97
The Commons at Cowan Boulevard2C2BR,1.5BA$1.93
Heights at Jackson Village, A 55+ Community1 Bedroom (Income Guidelines)1BR,1BA$1.93

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!

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Frequently Asked Questions about Loretto

What type of rentals are currently available in Loretto?

There are currently 39 Apartments for Rent in Loretto, VA with pricing that ranges from $702 to $5,743. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loretto ranging from $1,525 to $3,800.

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 $1,525 to $3,800 with an average monthly rent of $2,430.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.