
Cheap Homes for Rent near Orono, MN from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Orono.


4379 Wilshire Blvd, Unit C104

317 2nd St, Unit 2

2017 Commerce Blvd, Unit #201

5516 Tonkawood Rd
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

16501 29th Ave N

3812 Park Ln

3975 Sunset Dr

317 2nd St, Unit 1

5040 Holly Ln N
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Orono, MN Local Guide

How much does it cost to rent a home in Orono?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Orono 2 Bedroom Homes for Rent | $5,218 | $1,450 | $8,500 |
| Orono 3 Bedroom Homes for Rent | $4,114 | $2,195 | $7,500 |
| Orono 4 Bedroom Homes for Rent | $5,705 | $2,495 | $10,000+ |
| Orono 5 Bedroom Homes for Rent | $7,024 | $3,299 | $10,000+ |
| Orono 6 Bedroom Homes for Rent | $11,995 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Orono
Explore Orono
Orono, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Orono Apartments for Rent and Nearby
 The cheapest available apartment rental in Orono, MN is a 1 Bed unit found at Lakecrest Village in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,199. Langdon Lake Apartments in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Orono apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Dockside Apartments & Boat Slips - Lake Minnetonka | The Marina | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Orono, MN and Nearby
As of September 07, 2026 the best value apartment in the Orono area is the $1.21 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 $1,450. The second greatest value Orono apartment is the 2BR Model at Bayview Apartments starting at $1,550 with a $1.39 price per square foot in the Outlying Hennepin Far Western Suburbs 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. |
|---|---|---|---|
| 5285 Manchester Dr, Unit 304 | 5285 Manchester Dr | 2BR,1BA | $1.21 |
| Bayview Apartments | 2BR | 2BR,2BA | $1.39 |
| 1885 Newport St, Unit 204 | 1885 Newport St | 2BR,1BA | $1.29 |
| Christmas Lake Manor Apartments | Two Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.35 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Grandview Apartments | 1 bedroom | 1BR,1BA | $1.52 |
| 110 Circle A Dr S | 110 Circle A Dr S | 1BR,1BA | $1.69 |
| 725 Wayzata Blvd E, Unit 6 | 725 Wayzata Blvd E | 1BR,1BA | $1.73 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Dockside Apartments & Boat Slips - Lake Minnetonka | The Marina | 1BR,1BA | $1.74 |
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 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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Orono, MN Rentals by Map
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 127 Apartments for Rent in Orono, MN with pricing that ranges from $1,061 to $13,958. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orono ranging from $1,200 to $15,500.
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 $15,500 with an average monthly rent of $5,235.
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 $2,700 to $13,958, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $3,249.
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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.