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$995Studio Apartments Available Now
2017 Commerce Blvd, Unit #204
2017 Commerce BlvdMound, MN 55364
Cheap Homes for Rent in Orono, MN from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Orono.
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$1,0951 Bedroom Apartments Available Now
2017 Commerce Blvd, Unit #202
2017 Commerce BlvdMound, MN 55364
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$1,4002 Bedroom Apartments Available Now
317 2nd St, Unit 7
317 2nd StExcelsior, MN 55331
4470 Denbigh Rd
MoundMN55364
4407 Wilshire Blvd
MoundMN55364
15800 26th Ave N
PlymouthMN55447
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.
3524 County Rd 101
MinnetonkaMN55345
7689 Nicholas Way
ChanhassenMN55317
15645 24th Ave N
MinneapolisMN55447
15645 24th Ave N
PlymouthMN55447
4205 Merrimac Lane North
PlymouthMN55446
4944 Bayswater Rd
MinnetonkaMN55345
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.
5400 Three Points Blvd, Unit 331
5400 Three Points Blvd
MoundMN55364
Showing Results 1-13, Page 1 of 1
Orono, MN Local Guide
Volleyball on Lake Minnetonka by Vadim Lavrusik is licensed under CC BY 2.0
How much does it cost to rent a home in Orono?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Orono 2 Bedroom Homes for Rent | $2,632 | $1,775 | $6,500 |
| Orono 3 Bedroom Homes for Rent | $3,718 | $1,495 | $10,000+ |
| Orono 4 Bedroom Homes for Rent | $5,164 | $2,900 | $8,995 |
| Orono 5 Bedroom Homes for Rent | $5,848 | $3,500 | $9,500 |
| Orono 6 Bedroom Homes for Rent | $11,947 | $8,900 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Orono, MN Local Guide
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Cheapest Available Orono Apartments for Rent and Nearby
The cheapest available apartment rental in Orono, MN is a Studio unit found at Bayview Apartments in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,100. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Orono apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bayview Apartments | Studio | Studio,1BA | $1,100 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,175 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Minnetonka Edgewater Apartments and Boat Slips | The Wayzata | Studio,1BA | $1,210 |
Best Value Apartments for Rent in Orono, MN and Nearby
As of June 08, 2026 the best value apartment in the Orono area is the $1.34 price per square foot 2 Bedroom Model at Shorewood Place Apartments in the in the Pinehurst neighborhood starting from $1,295. The second greatest value Orono apartment is the 3BR/1.0BA Model at Wayzata Lake Apartments starting at $1,855 with a $1.95 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Orono apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shorewood Place Apartments | 2 Bedroom | 2BR,1BA | $1.34 |
| Wayzata Lake Apartments | 3BR/1.0BA | 3BR,1BA | $1.95 |
| Plymouth Colony | 2 Bed w/Laundry Remodelled | 2BR,1.5BA | $1.58 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| 3455 Shoreline Dr | 2 Bed/1 Bath | 2BR,1BA | $1.69 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.77 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.73 |
| Harbor District Apartments | Large one bedroom with in unit W/D | 1BR,1BA | $1.86 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.69 |
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 Article
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal 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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See the most popular apartments and homes in Orono, MN
Frequently Asked Questions about Orono
What type of rentals are currently available in Orono?
There are currently 122 Apartments for Rent in Orono, MN with pricing that ranges from $995 to $14,158. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orono ranging from $1,495 to $14,995.
What is the current price range for Rental Homes in Orono?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Orono ranges from $1,495 to $14,995 with an average monthly rent of $5,861.
How much are larger Three and Four Bedroom Rentals in Orono?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Orono range from $1,350 to $14,158, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,999.
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.
Helpful Local Expert Guides
A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
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.