
Cheap Homes for Rent in Loretto, MN from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Loretto.


4470 Denbigh Rd

1730 Merrimac Ln N

4973 3 Points Blvd

9036 Garland Ln N
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $2,116 | $1,950 | $2,300 |
Loretto 3 Bedroom Homes for Rent | $2,942 | $1,525 | $7,500 |
Loretto 4 Bedroom Homes for Rent | $3,330 | $2,800 | $4,300 |
Loretto 5 Bedroom Homes for Rent | $7,886 | $4,500 | $10,000+ |
Loretto 6 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
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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 $1,070. Wayzata Woods Apartments in the Groveland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,173. 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 | $1,070 |
Wayzata Woods Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,173 |
Riverwalk Apartments | 2 bedroom 1 bath | 2BR,1BA | $1,189 |
Best Value Apartments for Rent in Loretto, MN and Nearby
As of April 18, 2025 the best value apartment in the Loretto area is the $1.80 price per square foot PIKE Model at Rush Creek Apartments in the in the Hidden Creek Estates neighborhood starting from $1,999. The second greatest value Loretto apartment is the A1R Model at Park Place Apartments starting at $1,529 with a $1.60 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. |
---|---|---|---|
Rush Creek Apartments | PIKE | 2BR,2BA | $1.80 |
Park Place Apartments | A1R | 1BR,1BA | $1.60 |
Wayzata Lake Apartments | 2BR/1.0BA | 2BR,1BA | $1.66 |
Riverwalk Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.35 |
Harbor District Apartments | Lakeside One Bedroom with Bosch W/D | 1BR,1BA | $1.70 |
Arbor Glen | Maple | 1BR,1BA | $1.77 |
Wayzata Woods Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.48 |
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 Marina | 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 $7,102. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loretto ranging from $1,395 to $16,500.
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 $1,395 to $16,500 with an average monthly rent of $3,610.
How much are larger Three and Four Bedroom Rentals in Loretto?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Loretto range from $1,350 to $7,102, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,800 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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.