
Cheap Homes for Rent in Otego, NY from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Otego.


19 Edwards St

171.5 Murray St

2 Chapel Pl

4 Edwards St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

16 North St

109 Chestnut St

61 Leroy St

76 Front St

93 Chestnut St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

38 Silver St

82 Second St

43-45-45 N Broad St

681 County Hwy 3A

122 E Main St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

34 Water St
Otego, NY Local Guide

How much does it cost to rent a home in Otego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otego 2 Bedroom Homes for Rent | $1,700 | $1,200 | $2,200 |
| Otego 3 Bedroom Homes for Rent | $1,911 | $700 | $5,000 |
| Otego 4 Bedroom Homes for Rent | $2,400 | $2,300 | $2,500 |
| Otego 5 Bedroom Homes for Rent | $2,518 | $575 | $5,800 |
| Otego 6 Bedroom Homes for Rent | $1,935 | $700 | $3,900 |
| Otego 7 Bedroom Homes for Rent | $600 | $600 | $600 |
Browse Top Homes for Rent in Otego
Explore Otego
Otego, NY Local Guide
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Cheapest Available Otego Apartments for Rent and Nearby
 The cheapest available apartment rental in Otego, NY is a 2 Beds unit found at 75 River St priced from $1,200. Hammerstone Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here is today’s list of the most affordable Otego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 75 River St | 2 Bedroom | 2BR,2BA | $1,200 |
| Hammerstone Village Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,250 |
| 198 Court St | 2 Bedroom | 2BR,2BA | $1,350 |
| Chenango Courtyard | 2 Bedroom | 2BR,1BA | $1,395 |
| The Garland | 1 Bedroom 1 Bath | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Otego, NY and Nearby
As of April 01, 2026 the best value apartment in the Otego area is the $1.38 price per square foot 2 Bedroom, 2 Bathroom Model at The Courtyard at Cazenovia in the starting from $1,800. The second greatest value Otego apartment is the The Lofts Model at The Lofts at Cazenovia Market starting at $2,045 with a $1.65 price per square foot . Here is today’s list of the best values for Otego apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Courtyard at Cazenovia | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.38 |
| The Lofts at Cazenovia Market | The Lofts | 2BR,2BA | $1.65 |
| The Garland | 1 Bedroom 1 Bath | 1BR,1BA | $1.36 |
| 75 River St | 2 Bedroom | 2BR,2BA | $1.09 |
| Hammerstone Village Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.25 |
| Carriage Garden Apartments | 2 Bed 1.5 Bath + Balcony | 2BR,1.5BA | $1.78 |
| 255 Main Street | Basement Unit | 3BR,1BA | $0.94 |
| 11 West St - Student Only Housing | 1 Bedroom (in a 4 Bedroom unit) | 4BR,1BA | $1.00 |
| 198 Court St | 2 Bedroom | 2BR,2BA | $1.93 |
| The Printing House | C1 | 3BR,2BA | $1.55 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Otego, NY Rentals by Map
See the most popular apartments and homes in Otego, NY
Frequently Asked Questions about Otego
What type of rentals are currently available in Otego?
There are currently 48 Apartments for Rent in Otego, NY with pricing that ranges from $775 to $7,200. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otego ranging from $575 to $5,800.
What is the current price range for Rental Homes in Otego?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Otego ranges from $575 to $5,800 with an average monthly rent of $1,555.
How much are larger Three and Four Bedroom Rentals in Otego?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Otego range from $1,030 to $7,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $775.
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.