Cheap Apartments for Rent in Otsego, MN from $800 (26 Rentals)

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

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Elk Ridge Manor
1 to 3 Bedroom Apartments

Elk Ridge Manor

847 Freeport Ave NWElk River, MN 55330
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Elk Ridges Estates
2 Bedroom Apartments

Elk Ridges Estates

11755 191 1/2 Ave NWElk River, MN 55330
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Jackson Place
1 Bedroom Apartments

Jackson Place

316 Jackson Ave NWElk River, MN 55330
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Elk Ridge Lodge
2 Bedroom Apartments

Elk Ridge Lodge

19522 Holt St NWElk River, MN 55330
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Clear Sky
2 to 4 Bedroom Apartments

Clear Sky

10730 175th AveElk River, MN 55330
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Showing Results 1-26, Page 1 of 1

Otsego, MN Local Guide

Cheapest Available Otsego Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otsego, MN is a 1 Bed unit found at Pineview Apartments in the Twin Lakes Estates neighborhood priced from $853. Elk River Lodge and Apartments in the Clemens Munsinger Gardens neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Otsego apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pineview Apartments1 Bed, 1 bath1BR,1BA$853
Elk River Lodge and ApartmentsStudioStudio,1BA$895
River Garden Apartments1 Bedroom1BR,1BA$953
Ridgewood Manor Partnership1 Bedroom 1 Bathroom1BR,1BA$1,095
Jackson HillsThe Bunker - CONTACT FOR AVAILABILITYStudio,1BA$1,103
Village at Town Center - St. Michael1C1BR,1BA$1,145
Elk Crossing Apartments1 Bed, 1 bath1BR,1BA$1,175
The Delta ApartmentsStudioStudio,1BA$1,245
The Dylan ApartmentsHarmony StudioStudio,1BA$1,297
Lions Park ApartmentsTwo Bedroom/ One Bedroom2BR,1BA$1,350

Best Value Apartments for Rent in Otsego, MN and Nearby

As of March 26, 2025 the best value apartment in the Otsego area is the $1.68 price per square foot Home Suite Model at The Preserve at Commerce in the in the Brockton Meadows neighborhood starting from $2,260. The second greatest value Otsego apartment is the Meadows Model at Evans Meadows starting at $1,785 with a $1.68 price per square foot in the Twin Lakes Estates neighborhood. Here is today’s list of the best values for Otsego apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at CommerceHome Suite3BR,2BA$1.68
Evans MeadowsMeadows2BR,2BA$1.68
Clear SkyFirst Light2BR,1BA$1.61
Lions Park ApartmentsTwo Bedroom/ One Bedroom2BR,1BA$1.41
Dove Tree Apartments2 Bedroom 1 Bath B2BR,1BA$1.68
Albertville MeadowsTwo Bedroom Apartment - A2BR,1BA$1.61
Pineview Apartments1 Bed, 1 bath1BR,1BA$1.07
River Garden Apartments1 Bedroom1BR,1BA$1.27
Elk Crossing Apartments1 Bed, 1 bath1BR,1BA$1.57
Ridgewood Manor Partnership1 Bedroom 1 Bathroom1BR,1BA$1.69

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Getting Around Otsego, MN

Walk Score®

22 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

37 / 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 Otsego Apartments

What is the Cheapest Studio apartment in Otsego?

Currently the most affordable Cheap Studio Apartment in Otsego is at Elk River Lodge and Apartments listed at $895.

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

The lowest price for a Cheap One Bedroom Otsego Apartment is $853 at Pineview Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Otsego is starting from $988 at Pineview Apartments.

What is the most affordable Otsego Three Bedroom Apartment?

The best deal on a cheap Otsego Three Bedroom Apartment rental is at Jackson Hills and starts from $1,741.

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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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.