
Cheap Homes for Rent in Otis, CO from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Otis.


525 1/2 Jackson St

407 N Front St

1805 Fillmore St
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.

209 S 2nd Ave

323 N 4th St

518 Lincoln St

108 Beach Dr
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.
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 | $1,194 | $300 | $1,800 |
| Otis 3 Bedroom Homes for Rent | $2,391 | $1,445 | $3,000 |
| Otis 4 Bedroom Homes for Rent | $2,941 | $1,695 | $5,795 |
| Otis 5 Bedroom Homes for Rent | $2,916 | $2,800 | $3,000 |
| Otis 6 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
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. Whitcomb Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $993. 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 |
| Whitcomb Apartments | One Bedroom Apartment Home - INCOME RESTRICTED | 1BR,1BA | $993 |
| Gateway Village Apartments | 1 Bedroom | 1BR,1BA | $1,064 |
Best Value Apartments for Rent in Otis, CO and Nearby
As of May 08, 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 |
| Crestview | 1 Bed 1 Bath | 1BR,1BA | $1.00 |
| 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 |
| 403 14th St | 403 14th St | Studio ,1BA | $1.95 |
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 Otis
What type of rentals are currently available in Otis?
There are currently 26 Apartments for Rent in Otis, CO with pricing that ranges from $650 to $2,876. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otis ranging from $300 to $5,795.
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 $300 to $5,795 with an average monthly rent of $1,948.
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 $1,350 to $2,006, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,445 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,616.
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

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.

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.