Cheap Homes for Rent in Otay Lake Neighborhood of Chula Vista, CA from $2,900 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Otay Lake area of Chula Vista.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Cheapest Available Otay Lake Apartments for Rent

 

The cheapest available apartment rental in the Otay Lake area of San Diego, CA is a Studio unit found at Calavo priced from $1,781. Columba Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,793. Here are the most affordable Otay Lake apartments for rent in San Diego, CA:

Apartment ListingModel NameBed/BathPriced From
CalavoStreamStudio,1BA$1,781
Columba Apartments1x11BR,1BA$1,793
RivueA11BR,1BA$2,368

Best Value Apartments for Rent in Otay Lake, CA

As of April 27, 2026 the best value apartment in the Otay Lake area is the $3.13 price per square foot 3x3 Townhome Model at Axis at Millenia Townhomes in the in the Otay Ranch neighborhood starting from $4,850. The second greatest value Otay Lake apartment is the c1r Model at Casa Lago Eastlake starting at $4,432 with a $3.60 price per square foot in the Otay Ranch neighborhood. Here is today’s list of the best values for Otay Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Axis at Millenia Townhomes3x3 Townhome3BR,3BA$3.13
Casa Lago Eastlakec1r3BR,3BA$3.60
Boardwalk at MilleniaA31BR,1BA$3.49
Enclave Town CenterA11BR,1BA$3.62
2342 Hummingbird St, Unit one bedroom apartment2342 Hummingbird St1BR,1BA$2.60
RivueA11BR,1BA$3.79
The AvalynA11BR,1BA$3.89
Columba Apartments1x11BR,1BA$3.06
CalavoStreamStudio ,1BA$4.37

Frequently Asked Questions about Otay Lake

What type of rentals are currently available in Otay Lake?

There are currently 18 Apartments for Rent in Otay Lake, CA with pricing that ranges from $1,781 to $6,907. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otay Lake ranging from $2,995 to $13,000.

What is the current price range for Rental Homes in Otay Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Otay Lake ranges from $2,995 to $13,000 with an average monthly rent of $5,753.

Expert Rental Resources

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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