Cheap Homes for Rent in Orono, MN from $1,400 (8 Rentals)

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

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.

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.

Orono, MN Local Guide

Cheapest Available Orono Apartments for Rent and Nearby

 

The cheapest available apartment rental in Orono, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Orono apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Dockside Apartments on Lake MinnetonkaThe Marina1BR,1BA$1,095
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200

Best Value Apartments for Rent in Orono, MN and Nearby

As of June 22, 2025 the best value apartment in the Orono area is the $1.26 price per square foot One Bedroom B Model at Greenwood Manor in the in the Laketown Colonial Townhomes neighborhood starting from $1,415. The second greatest value Orono apartment is the 2BR/1.0BA Model at Wayzata Lake Apartments starting at $1,425 with a $1.58 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Greenwood ManorOne Bedroom B1BR,1BA$1.26
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1.58
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1.71
Shoreline Place2 bedroom / 1 bath2BR,1BA$1.73
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1.78
Minnetonka EdgewaterOne Bedroom, One Bathroom1BR,1BA$1.72
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.60
Bay Pointe Apartments1 BR 1BA - Upgraded1BR,1BA$1.84
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

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Frequently Asked Questions about Orono

What type of rentals are currently available in Orono?

There are currently 127 Apartments for Rent in Orono, MN with pricing that ranges from $850 to $9,395. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orono ranging from $1,495 to $15,975.

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 $15,975 with an average monthly rent of $4,041.

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 $9,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,995.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.