
Cheap Apartments for Rent in Otis, CO from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Otis.


905 E 16th St

Whitcomb Apartments

300 Walnut St

1408 Edison St

Gateway Village Apartments

Smokey Trail Village
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.

Meadow Vista Apartments

624 Maple St

614 Maple St

7 Dana Ave

525 1/2 Jackson St

407 N Front St

206 S Clayton 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.

726 N 3rd St

1805 Fillmore St

209 S 2nd Ave

323 N 4th St

600 Chestnut St

521 Jackson St

311 Everett St
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.

620 Hospital Rd
Otis, CO Local Guide

How much does it cost to rent an apartment in Otis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otis 1 Bedroom Apartments | $1,094 | $700 | $1,550 |
| Otis 2 Bedroom Apartments | $1,634 | $770 | $2,000 |
| Otis 3 Bedroom Apartments | $1,909 | $1,100 | $3,100 |
| Otis 4 Bedroom Apartments | $2,145 | $1,616 | $2,876 |
Browse Top Apartments in Otis
See all Apartments in OtisExplore Otis
Otis, CO Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Whitcomb Apartments | One Bedroom Apartment Home - INCOME RESTRICTED | 1BR,1BA | $993 |
| Gateway Village Apartments | 2 Bedrooms | 2BR,1BA | $1,050 |
| Meadow Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,147 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1,180 |
| Havenwood at Harmony | Muirfield 2 | 4BR,2BA | $2,876 |
Best Value Apartments for Rent in Otis, CO and Nearby
As of June 01, 2026 the best value apartment in the Otis area is the $1.87 price per square foot Muirfield 2 Model at Havenwood at Harmony in the in the Eastern Plains neighborhood starting from $2,876. The second greatest value Otis apartment is the 2 Bed, 1 Bath Model at Smokey Trail Village starting at $1,180 with a $1.48 price per square foot . Here is today’s list of the best values for Otis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Havenwood at Harmony | Muirfield 2 | 4BR,2.5BA | $1.87 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1.48 |
| 1446 Main St, Unit B | 1446 Main St | 2BR,1BA | $1.86 |
| Meadow Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.84 |
| Gateway Village Apartments | 1 Bedroom | 1BR,1BA | $1.73 |
| Whitcomb Apartments | One Bedroom Apartment Home - INCOME RESTRICTED | 1BR,1BA | $1.72 |
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.
Read ArticleReal 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 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!
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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 $850 at Gateway Village 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.