
Cheap Homes for Rent in Loretto, MN from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Loretto.


3650 Lawndale Ln N

6708 Narcissus Ln N

17467 72nd Ave N

6997 Polaris Ln N
Loretto, MN Local Guide

How much does it cost to rent a home in Loretto?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Loretto 2 Bedroom Homes for Rent | $2,973 | $1,650 | $5,900 |
Loretto 3 Bedroom Homes for Rent | $2,777 | $2,195 | $3,600 |
Loretto 5 Bedroom Homes for Rent | $9,180 | $3,300 | $10,000+ |
Loretto 6 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
Browse Top Homes for Rent in Loretto
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Loretto, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,095 |
Riverwalk Apartments | 2 bedroom 1 bath | 2BR,1BA | $1,189 |
Langdon Lake Apartments | 2 BR/1 BA | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bayview Apartments | 2BR | 2BR,2BA | $1.73 |
Park Place Apartments | B1R | 2BR,2BA | $1.70 |
Wayzata Lake Apartments | 2BR/1.0BA | 2BR,1BA | $1.66 |
Riverwalk Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.35 |
Minnetonka Edgewater | Lake View One Bedroom | 1BR,1BA | $1.61 |
Wayzata Woods Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.54 |
Plymouth Square | Monterey | 1BR,1BA | $1.75 |
Shoreline Place | 2 bedroom / 1 bath | 2BR,1BA | $1.73 |
Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.66 |
Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,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.

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.

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.

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.

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.