
Cheap Homes for Rent in Otis, CO from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Otis.


1134 N 8th St

221 Hamilton St

815 Cleveland St

209 S 2nd Ave

705 N 2nd 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.

720 Hamilton St

319 N 8th Ave

306 McGregor Rd

603 Park St

124-134.5-1345 Hamilton St

413 W 5th 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.

323 Park St
Otis, CO Local Guide

How much does it cost to rent a home in Otis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otis 2 Bedroom Homes for Rent | $1,306 | $825 | $1,900 |
| Otis 3 Bedroom Homes for Rent | $2,418 | $1,000 | $4,000 |
| Otis 4 Bedroom Homes for Rent | $2,597 | $2,400 | $2,795 |
| Otis 5 Bedroom Homes for Rent | $3,456 | $2,775 | $4,200 |
Browse Top Homes for Rent in Otis
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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 Crestview priced from $700. Meadow Vista Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,147. Here is today’s list of the most affordable Otis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crestview | 1 Bed 1 Bath | 1BR,1BA | $700 |
| 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 | Melbourne 2 | 3BR,2BA | $2,400 |
Best Value Apartments for Rent in Otis, CO and Nearby
As of February 05, 2026 the best value apartment in the Otis area is the $1.09 price per square foot 120 E Morgan Ave Model at 120 E Morgan Ave, Unit 120 e Morgan Ave in the starting from $3,500. The second greatest value Otis apartment is the Muirfield 2 Model at Havenwood at Harmony starting at $2,700 with a $1.76 price per square foot in the Eastern Plains neighborhood. 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. |
|---|---|---|---|
| 120 E Morgan Ave, Unit 120 e Morgan Ave | 120 E Morgan Ave | 6BR,3BA | $1.09 |
| Havenwood at Harmony | Muirfield 2 | 4BR,2.5BA | $1.76 |
| 28011 E Otero Pl, Unit Basement Apartment | 28011 E Otero Pl | 2BR,1BA | $1.95 |
| Smokey Trail Village | 2 Bed, 1 Bath | 2BR,1BA | $1.48 |
| Crestview | 1 Bed 1 Bath | 1BR,1BA | $1.00 |
| Meadow Vista Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.84 |
| 1103 5th St, Unit 6 | 1103 5th St | 1BR,1BA | $1.04 |
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 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Otis
What type of rentals are currently available in Otis?
There are currently 17 Apartments for Rent in Otis, CO with pricing that ranges from $625 to $3,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otis ranging from $700 to $4,200.
What is the current price range for Rental Homes in Otis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Otis ranges from $700 to $4,200 with an average monthly rent of $1,927.
How much are larger Three and Four Bedroom Rentals in Otis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Otis range from $1,380 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,700.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.