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Newest Homes for Rent in Orono, MN

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    Starting at $1,983

    Total Monthly Price

    • 1 - 2 Beds

    455 Virginia Ave, Long Lake, MN 55356

    Welcometo The Stax of Long Lake Apartments—where luxury meets the privacy and naturalbeauty of lake-country living, just minutes from Wayzata. Set within the highlysought-after Orono School District, this rare rental opportunity offers thespace, serenity, and exclusivity typically reserved for homeowners—perfect forthose seeking a refined downsizing solution without

    The Stax of Long Lake

    455 Virginia Ave, Long Lake, MN 55356
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    $2,495 Per Month

    • 2 Beds
    • 2 Baths
    • 1,536 Sq Ft
    • Apartment for Rent

    2670 Kelley Pkwy Unit 318, Long Lake, MN 55356

    Top-floor Stone Bay condo now available for rent! Over 1,500 square feet & spacious feel in this newer building. Vaulted ceilings & large windows complement the open concept & two large bedrooms. Enjoy upgraded appliances & kitchen finishes with convenient access to pantry & main floor laundry room. The home is bigger than the pictures make it look; large closets, laundry room cabinetry & a

    Charles Ryan Cole Coldwell Banker Realty

    2670 Kelley Pkwy Unit 318, Long Lake, MN 55356
  • /20

    $2,100

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,640 Sq Ft
    • Charming 2-Bed Townhouse in Wayzata with Hardwood Elegance & Cozy Fireplace!

    3704 Livingston Ave, Wayzata, MN 55391

    Tucked away private multi-level townhouse available for rent August 1st for a 12-month lease. Solid oak hardwood floors, whirlpool tub, primary walk-in closet, two decks and so much more. 24 hr notice required for all showings. Owner pays for association fee, trash, and snow.

    3704 Livingston Ave, Wayzata, MN 55391
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    $3,550

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,800 Sq Ft
    • Stunning 3BR/3BA Orono Home Available 8/15. Walk to Lake Minnetonka!

    3460 Livingston Ave, Wayzata, MN 55391

    Another great listing from Erica with The Welcome Home Team at Fuze RE!! Welcome Home to this stunning 3BR/3BA Orono home, Totally remodeled in 2025! Featuring an Open floor plan, Vaulted ceilings, Eat-in kitchen and Stainless Steel appliances. Main level primary suite with large bathroom and laundry room. 2 additional bedrooms upstairs with loft area and a walk out to your beautiful deck, with

    3460 Livingston Ave, Wayzata, MN 55391
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    $3,290

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,750 Sq Ft
    • Private & Peaceful Mound home Minutes from Lake Minnetonka – Updated Home with Views Available 8/1

    1445 Cherry Place, Mound, MN 55364

    Located on a quiet dead-end street, this beautifully updated home offers the privacy and peaceful setting that’s hard to find—just minutes from Lake Minnetonka and local parks, lakeside dining, and community events, all while being just minutes from everyday conveniences including shopping, coffee shops, and local restaurants.Enjoy serene views of the lake or unwind on your deck in the

    1445 Cherry Place, Mound, MN 55364
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    $2,495

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,258 Sq Ft
    • House for Rent

    58 Inglewood St, Long Lake, MN 55356

    Completely remodeled up/down duplex in the heart of Long Lake within the highly sought after Orono School District. Built as a true duplex with separate entrances, separate utilities, and separate furnace, AC, and water heaters for each unit. Both 2 bed, 1 bath units are vacant and move in ready. Interior updates include white cabinetry, stainless steel appliances, hood microwave,

    58 Inglewood St, Long Lake, MN 55356
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    $2,395

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 974 Sq Ft
    • House for Rent

    60 Inglewood St, Long Lake, MN 55356

    Amazing 2 bedroom, 1 bathroom house in Long Lake. Amenities included: central air, central heat, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, updated bathroom, laundry in building, and yard. Utilities included: water/sewer and trash. Is pet friendly.Orono school district.Date Available: Jun 1st 2026. $2,395/month rent. $2,395 security deposit required.

    60 Inglewood St, Long Lake, MN 55356
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    $2,995

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,825 Sq Ft
    • Townhouse for Rent

    2434 N Blossom Cir, Orono, MN 55356

    Welcome home to luxury living! This stunning 2023 built townhome has all the wonderful features you need to make living here amazing. Entertain your guests while you prepare your favorite meals in your beautiful kitchen which features a generous island, stainless-steel appliances and spacious pantry. The impressive open concept design facilitates togetherness with family and friends. Cozy up by

    2434 N Blossom Cir, Orono, MN 55356
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    $5,900 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,947 Sq Ft
    • House for Rent

    3159 Northview Rd, Wayzata, MN 55391

    Set on a picturesque and private 0.9-acre large homesite, this beautifully updated Minnetonka Beach residence offers a rare blend of charm, character, and natural surroundings in a sought-after Lake Minnetonka lake community. This home features an open and light-filled layout that welcomes you inside with an immediate sense of space and connection. The kitchen hosts a full complement of new

    Janet Boschwitz Edina Realty, Inc.

    3159 Northview Rd, Wayzata, MN 55391
  • /10

    $4,700 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,100 Sq Ft
    • House for Rent

    4435 N Shore Dr, Mound, MN 55364

    This exceptional south-facing lakefront property offers 75 feet of private shoreline and a dock on West Arm Bay of Lake Minnetonka. The home features expansive windows, original hardwood floors, a formal dining room, spacious living room with fireplace, and a kitchen with a two-sided fireplace and custom built-in BBQ.

    Jeffrey Martineau Coldwell Banker Realty

    4435 N Shore Dr, Mound, MN 55364
  • /9

    Starting at $1,125 Plus Fees

    • 1 - 2 Beds

    3455 Shoreline Dr, Wayzata, MN 55391

    Experience comfortable lakes-area living at Shoreline Drive in Wayzata. Located just minutes from downtown Wayzata, this property offers a quiet residential setting with convenient access to Lake Minnetonka, local restaurants, shopping, and major commuter routes.These thoughtfully updated apartments feature spacious layouts, modern finishes, and abundant natural light designed to fit

    3455 Shoreline Dr, Wayzata, MN 55391
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    $11,995 Per Month

    • 6 Beds
    • 7 Baths
    • 7,209 Sq Ft
    • House for Rent

    3995 N Shore Dr, Mound, MN 55364

    Magnificent Lake Minnetonka Lakefront Gated Estate with over 7,000 square feet of custom-designed elegance. Multi-Story Soaring Great Room overlooks Lake Minnetonka with flat manicured lawns and sandy beach, private and pristine shoreline as far as the eye can see. 1.3 Acres of gated compound, including Utility Garage, Hot Tub, Large Decks and more. Gorgeous Gourmet Kitchen with Fireplace, Large

    Thomas Wentworth Homes For Now

    3995 N Shore Dr, Mound, MN 55364
  • /17

    $7,500 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,800 Sq Ft
    • House for Rent

    4018 Sunset Dr, Spring Park, MN 55384

    Wake up and enjoy the sunrise on Lake Minnetonka every morning in this 3 bedroom, 4 bathroom, fully furnished lakeside home! With views-galore, and every amenity you need, this is truly a turn-key opportunity for you to experience the life of luxury on the lake! With TV's on every corner of this home, a dedicated billiard's room with a stocked wet bar, all the furniture needed, entertainment

    Mark Ruchko Financially Free, LLC

    4018 Sunset Dr, Spring Park, MN 55384

Frequently Asked Questions

How much does it cost to rent a home in Orono, MN?
The median rent for a home in Orono, MN is $2,995 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Orono, MN?
To comfortably afford the median rent in Orono, MN, a household needs to earn roughly $119,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,995 per month in Orono, MN, renters typically need to show $8,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Orono, MN?
In Orono, MN, the price-to-rent ratio is 19.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
13
Median Rent
$2,995
Median Single Family Home Rent
$2,995
How to Rent a Home