Cheap Homes for Rent in Orono, MN from $1,400 (9 Rentals)

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

property at 4371 Wilshire Blvd

4371 Wilshire Blvd, Unit B202

4371 Wilshire Blvd
MoundMN55364

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.

property at 3812 Park Ln

3812 Park Ln

Spring ParkMN55384
property at 5420 Three Points Blvd

5420 Three Points Blvd, Unit 213

5420 Three Points Blvd
MoundMN55364

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.

Orono, MN Local Guide

Cheapest Available Orono Apartments for Rent and Nearby

 

The cheapest available apartment rental in Orono, MN is a 2 Beds unit found at Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,059. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,080. Here is today’s list of the most affordable Orono apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,120

Best Value Apartments for Rent in Orono, MN and Nearby

As of September 08, 2025 the best value apartment in the Orono area is the $1.03 price per square foot 5285 Manchester Dr Model at 5285 Manchester Dr, Unit 304 in the in the Wright Far Western Suburbs neighborhood starting from $1,395. The second greatest value Orono apartment is the 1807 May St Model at 1807 May St, Unit 1 starting at $1,395 with a $1.16 price per square foot in the Wright Far Western Suburbs 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.
5285 Manchester Dr, Unit 3045285 Manchester Dr2BR,1BA$1.03
1807 May St, Unit 11807 May St2BR,1BA$1.16
216 N Brown Rd, Unit 109216 N Brown Rd2BR,1BA$1.21
382 Dexter Dr, Unit 402382 Dexter Dr2BR,1BA$1.29
1078 E Circle Dr, Unit 31078 E Circle Dr2BR,1BA$1.33
1885 Newport St, Unit 3011885 Newport St2BR,1BA$1.23
3455 Shoreline Dr, Unit 13455 Shoreline Dr2BR,1BA$1.50
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.60
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

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

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Frequently Asked Questions about Orono

What type of rentals are currently available in Orono?

There are currently 131 Apartments for Rent in Orono, MN with pricing that ranges from $850 to $8,995. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orono ranging from $1,400 to $19,995.

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 $1,400 to $19,995 with an average monthly rent of $5,569.

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 $8,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,989 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,499 and Four Bedroom Apartments start at $3,350.

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 A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.