Cheap Apartments for Rent in Loretto, MN from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Loretto.

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Hillcrest Apartments
1 Bedroom Apartments

Hillcrest Apartments

300 Sunnyridge LnLoretto, MN 55357
Senior Living
Utilities inc.
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
Utilities inc.
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Plymouth Square
1 to 2 Bedroom Apartments

Plymouth Square

15300 37th Ave NPlymouth, MN 55446
Showing Results 1-23, Page 1 of 1

Loretto, MN Local Guide

Cheapest Available Loretto Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loretto, MN is a 1 Bed unit found at Lakecrest Apartments in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,072. 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 Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1,072
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,095
Wayzata Woods Apartments1 Bedroom 1 Bathroom1BR,1BA$1,170
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1,229
CURRENTSAStudio,1BA$1,265

Best Value Apartments for Rent in Loretto, MN and Nearby

As of February 27, 2025 the best value apartment in the Loretto area is the $1.73 price per square foot 2BR Model at Bayview Apartments in the in the Outlying Hennepin Far Western Suburbs neighborhood starting from $2,000. The second greatest value Loretto apartment is the 2 Bedroom 1 Bathroom Model at Lakecrest Apartments starting at $1,616 with a $1.64 price per square foot in the Outlying Hennepin Far Western Suburbs neighborhood. Here is today’s list of the best values for Loretto apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bayview Apartments2BR2BR,2BA$1.73
Lakecrest Apartments2 Bedroom 1 Bathroom2BR,1BA$1.64
Park Place ApartmentsA1R1BR,1BA$1.64
Wayzata Lake Apartments2BR/1.5BA2BR,1.5BA$1.78
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1.40
Harbor District ApartmentsLakeside One Bedroom with Bosch W/D1BR,1BA$1.70
Wayzata Woods Apartments1 Bedroom 1 Bathroom1BR,1BA$1.48
Plymouth SquareMonterey1BR,1BA$1.72
Shoreline Place2 bedroom / 1 bath2BR,1BA$1.73
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.56

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Getting Around Loretto, MN

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Loretto Apartments

What is the Cheapest Studio apartment in Loretto?

Currently the most affordable Cheap Studio Apartment in Loretto is at CURRENTS listed at $1,265.

How much is rent for a Cheap One Bedroom Loretto Apartment?

The lowest price for a Cheap One Bedroom Loretto Apartment is $1,072 at Lakecrest Apartments.

What is the lowest price for a Cheap Two Bedroom Loretto Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Loretto is starting from $1,229 at Riverwalk Apartments.

What is the most affordable Loretto Three Bedroom Apartment?

The best deal on a cheap Loretto Three Bedroom Apartment rental is at Silvan Townhomes and starts from $2,395.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.