
Cheap Apartments for Rent in Otwell, IN from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Otwell.


Fielding Court

Southern Meadows

SPRING VALLEY FLATS

The Timbers Apartments

Park Place Apartments - 55+ Community

North Park

Sugar Mill Creek

River Club

Pavilion Lakes Apartments

Vail Estates Apartments

Westcott Apartments

1103 Broadway St

611 N 1st St

904 Parkview Dr

4152 Bell Rd

402 E Broadway St
Otwell, IN Local Guide

How much does it cost to rent an apartment in Otwell?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Otwell Studio Apartments | $789 | $541 | $1,200 |
Otwell 1 Bedroom Apartments | $1,022 | $574 | $2,500 |
Otwell 2 Bedroom Apartments | $1,333 | $697 | $4,399 |
Otwell 3 Bedroom Apartments | $1,525 | $793 | $2,214 |
Otwell 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Top Apartments in Otwell
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Otwell, IN Local Guide
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Cheapest Available Otwell Apartments for Rent and Nearby
 The cheapest available apartment rental in Otwell, IN is a Studio unit found at Southern Meadows priced from $625. SPRING VALLEY FLATS in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Otwell apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Southern Meadows | Studio | Studio,1BA | $625 |
SPRING VALLEY FLATS | The Dogwood | 1BR,1BA | $695 |
Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $700 |
The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $799 |
Park Place Apartments - 55+ Community | One Bedroom Unit | 1BR,1BA | $800 |
Best Value Apartments for Rent in Otwell, IN and Nearby
As of March 12, 2025 the best value apartment in the Otwell area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Otwell apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,600 with a $1.15 price per square foot in the Jacobsville neighborhood. Here is today’s list of the best values for Otwell apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.15 |
River Club | Delaware II | 2BR,1BA | $1.24 |
Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.01 |
North Park | Berkshire | 2BR,1.5BA | $1.05 |
Baldwin Heights | 1 Bedroom | 1BR,1BA | $1.17 |
Naveen Pine Apartments | Cozy Two Bedroom Apartment Home | 2BR,1BA | $1.12 |
Westcott Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.08 |
Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
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Getting Around Otwell, IN
Walk Score®
2 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
23 / 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 Otwell Apartments
What is the Cheapest Studio apartment in Otwell?
Currently the most affordable Cheap Studio Apartment in Otwell is at Southern Meadows listed at $625.
How much is rent for a Cheap One Bedroom Otwell Apartment?
The lowest price for a Cheap One Bedroom Otwell Apartment is $695 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Otwell Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Otwell is starting from $800 at Southern Meadows.
What is the most affordable Otwell Three Bedroom Apartment?
The best deal on a cheap Otwell Three Bedroom Apartment rental is at Westcott Apartments and starts from $1,350.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.