Cheap Homes for Rent in Loretto, MN from $1,600 (5 Rentals)

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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 Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,095. Riverwalk Apartments in the Highland Ridge neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,189. Here is today’s list of the most affordable Loretto apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,095
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1,189
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200

Best Value Apartments for Rent in Loretto, MN and Nearby

As of March 25, 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 B1R Model at Park Place Apartments starting at $1,944 with a $1.70 price per square foot in the Timber Creek Crossing Village 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
Park Place ApartmentsB1R2BR,2BA$1.70
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1.66
Riverwalk Apartments2 bedroom 1 bath2BR,1BA$1.35
Minnetonka EdgewaterLake View One Bedroom1BR,1BA$1.61
Wayzata Woods Apartments1 Bedroom 1 Bathroom1BR,1BA$1.54
Plymouth SquareMonterey1BR,1BA$1.75
Shoreline Place2 bedroom / 1 bath2BR,1BA$1.73
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.66
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.56

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Frequently Asked Questions about Loretto

What type of rentals are currently available in Loretto?

There are currently 43 Apartments for Rent in Loretto, MN with pricing that ranges from $989 to $14,788. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loretto ranging from $1,650 to $18,000.

What is the current price range for Rental Homes in Loretto?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Loretto ranges from $1,650 to $18,000 with an average monthly rent of $4,731.

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

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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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.