Cheap Apartments for Rent near Otis, CO from $500 (29 Rentals)

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

property at 305 Colorado Ave

$575

Total Monthly Price

Total Monthly Price

Base Rent
$575

Total Monthly Price
$575

1 Bedroom, 1 Bath Home for Rent

Available Jul 20

305 Colorado Ave

BrushCO80723
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315 S 3rd St, Unit 315
$725
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725
1 Bedroom Apartment Available Now

315 S 3rd St, Unit 315

315 S 3rd StSterling, CO 80751
property at 905 E 16th St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Home for Rent

Available Now

905 E 16th St

GreeleyCO80631

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

property at 624 Maple St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

624 Maple St

Fort MorganCO80701
property at 256 Applewood Ct

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

256 Applewood Ct

BrushCO80723
property at 238 Applewood Ct

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

238 Applewood Ct

BrushCO80723
property at 252 Applewood Ct

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

252 Applewood Ct

BrushCO80723
property at 215 Edmunds St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

215 Edmunds St

BrushCO80723
property at 213 E Edmunds St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

213 E Edmunds St

BrushCO80723

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.

property at 110-112 Park St

$675

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom, 1 Bath Home for Rent

Available Now

110-112 Park St

SterlingCO80751
property at 1144 N 8th St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

1144 N 8th St

SterlingCO80751
property at 831 Hamilton St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

831 Hamilton St

SterlingCO80751

Cash 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.

property at 726 N 3rd St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 2 Bath Home for Rent

Available Now

726 N 3rd St

SterlingCO80751
property at 209 S 2nd Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

Studio, 1 Bath Home for Rent

Available Now

209 S 2nd Ave

SterlingCO80751
property at 421 Oak St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

421 Oak St

SterlingCO80751
property at 720 Hamilton St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 2 Bath Home for Rent

Available Now

720 Hamilton St

SterlingCO80751
property at 306 McGregor Rd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

306 McGregor Rd

SterlingCO80751
property at 1020 E 16th St

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Home for Rent

Available Now

1020 E 16th St

GreeleyCO80631

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.

property at 231 State St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

231 State St

SterlingCO80751

Otis, CO Local Guide

Cheapest Available Otis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otis, CO is a 1 Bed unit found at Whitcomb Apartments priced from $993. Gateway Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,050. Here is today’s list of the most affordable Otis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Whitcomb ApartmentsOne Bedroom Apartment Home - INCOME RESTRICTED1BR,1BA$993
Gateway Village Apartments2 Bedrooms2BR,1BA$1,050
Meadow Vista Apartments1 Bed, 1 bath1BR,1BA$1,147
Smokey Trail Village2 Bed, 1 Bath2BR,1BA$1,180
Pine Ridge Crossings2B2BR,2BA$1,982
Havenwood at HarmonyMelbourne3BR,2BA$3,026

Best Value Apartments for Rent in Otis, CO and Nearby

As of July 17, 2026 the best value apartment in the Otis area is the $2.01 price per square foot Melbourne Model at Havenwood at Harmony in the in the Eastern Plains neighborhood starting from $3,026. The second greatest value Otis apartment is the 2B Model at Pine Ridge Crossings starting at $1,982 with a $1.94 price per square foot in the Elbert County neighborhood. Here is today’s list of the best values for Otis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Havenwood at HarmonyMelbourne3BR,2.5BA$2.01
Pine Ridge Crossings2B2BR,2BA$1.94
550 E 2nd St, Unit 1550 E 2nd St2BR,1BA$1.27
Smokey Trail Village2 Bed, 1 Bath2BR,1BA$1.48
Gateway Village Apartments2 Bedrooms2BR,1BA$1.37
Meadow Vista Apartments1 Bed, 1 bath1BR,1BA$1.84
1103 5th St, Unit 61103 5th St1BR,1BA$1.04
Whitcomb ApartmentsOne Bedroom Apartment Home - INCOME RESTRICTED1BR,1BA$1.72
315 S 3rd St, Unit 315315 S 3rd St1BR,1BA$1.45

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Otis Apartments

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

The lowest price for a Cheap One Bedroom Otis Apartment is $993 at Whitcomb Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Otis is starting from $1,050 at Gateway Village Apartments.

What is the most affordable Otis Three Bedroom Apartment?

The best deal on a cheap Otis Three Bedroom Apartment rental is at Gateway Village Apartments and starts from $1,100.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.