Cheap Homes for Rent in Otsego, MN from $1,600 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

Showing Results 1-8, Page 1 of 1

Otsego, MN Local Guide

Cheapest Available Otsego Apartments for Rent

 

The cheapest available apartment rental in Otsego, MN is a 2 Beds unit found at Clear Sky in the Clemens Munsinger Gardens neighborhood priced from $665. Pineview Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $853. Here is today’s list of the most affordable Otsego apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Clear SkySunrise2BR,1BA$665
Pineview Apartments1 Bed, 1 bath1BR,1BA$853
Elk River Lodge and ApartmentsStudioStudio,1BA$895

Best Value Apartments for Rent in Otsego, MN

As of March 24, 2025 the best value apartment in the Otsego area is the $1.33 price per square foot Freedom Model at Clear Sky in the in the Clemens Munsinger Gardens neighborhood starting from $1,987. The second greatest value Otsego apartment is the Home Suite Model at The Preserve at Commerce starting at $2,260 with a $1.68 price per square foot in the Brockton Meadows 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.
Clear SkyFreedom4BR,2BA$1.33
The Preserve at CommerceHome Suite3BR,2BA$1.68
Evans MeadowsMeadows2BR,2BA$1.68
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

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Otsego

What type of rentals are currently available in Otsego?

There are currently 66 Apartments for Rent in Otsego, MN with pricing that ranges from $853 to $4,920. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otsego ranging from $1,600 to $4,400.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Otsego ranges from $1,600 to $4,400 with an average monthly rent of $2,535.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.