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$895Studio Apartments Available May 1
2017 Commerce Blvd, Unit #204
2017 Commerce BlvdMound, MN 55364
Cheap Homes for Rent in Orono, MN from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Orono.
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$9751 Bedroom Apartments Available May 1
1975 Central Ave, Unit 7
1975 Central AveLong Lake, MN 55356
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$9951 Bedroom Apartments Available Now
2017 Commerce Blvd, Unit #202
2017 Commerce BlvdMound, MN 55364
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$1,0951 Bedroom Apartments Available Now
2017 Commerce Blvd, Unit #201
2017 Commerce BlvdMound, MN 55364
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$1,0951 Bedroom Apartments Available May 1
2009 Commerce Blvd, Unit #205
2009 Commerce BlvdMound, MN 55364
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.
4379 Wilshire Blvd, Unit C104, Unit C104
4379 Wilshire Blvd
MoundMN55364
805 Smetana Rd
HopkinsMN55343
2335 Hemlock Ln N
PlymouthMN55441
15800 26th Ave N
MinneapolisMN55447
7689 Nicholas Way
ChanhassenMN55317
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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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 | $1,974 | $1,325 | $2,500 |
| Orono 3 Bedroom Homes for Rent | $4,088 | $2,295 | $7,500 |
| Orono 4 Bedroom Homes for Rent | $5,634 | $2,750 | $8,995 |
| Orono 5 Bedroom Homes for Rent | $4,373 | $3,200 | $5,995 |
| Orono 6 Bedroom Homes for Rent | $14,995 | $10,000 | $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 1 Bed unit found at Bay Pointe Apartments in the Pinehurst neighborhood priced from $1,055. Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,059. Here is today’s list of the most affordable Orono apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1,055 |
| Shoreline Place | 2 bed / 1 ba | 2BR,1BA | $1,059 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
Best Value Apartments for Rent in Orono, MN and Nearby
As of April 24, 2026 the best value apartment in the Orono area is the $1.73 price per square foot 4664 Suffolk Rd Model at 4664 Suffolk Rd, Unit Mound Upper Unit Duplex in the in the Laketown Colonial Townhomes neighborhood starting from $2,000. The second greatest value Orono apartment is the 2BR/2.0BA Model at Highcroft Manor Apartments Located in Wayzata, MN starting at $1,598 with a $1.55 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. |
|---|---|---|---|
| 4664 Suffolk Rd, Unit Mound Upper Unit Duplex | 4664 Suffolk Rd | 3BR,1BA | $1.73 |
| Highcroft Manor Apartments Located in Wayzata, MN | 2BR/2.0BA | 2BR,2BA | $1.55 |
| Plymouth Colony | 2 Bed w/Laundry Remodelled | 2BR,1.5BA | $1.52 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.60 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1.71 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1.60 |
| Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1.51 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleEnjoy 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.
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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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Frequently Asked Questions about Orono
What type of rentals are currently available in Orono?
There are currently 120 Apartments for Rent in Orono, MN with pricing that ranges from $895 to $14,725. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orono ranging from $1,200 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 $1,200 to $14,995 with an average monthly rent of $5,401.
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 $14,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $2,750.
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
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.
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.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.