Cheap Apartments for Rent in Otis, LA from $500 (36 Rentals)

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

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.

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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.

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property at 347 Watson Rd

$575 - $595

2 To 3 Bedroom Rentals

Available Now

347 Watson Rd

LeesvilleLA71446
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Green Acres Plaza
2 to 3 Bedroom Apartments

Green Acres Plaza

402 Green Briar StDeridder, LA 70634
Corporate Housing
  • Utilities Included
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Somerset Apartments
1 to 2 Bedroom Apartments

Somerset Apartments

400 Somerset DrDeridder, LA 70634
  • Utilities Included

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.

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Rapides Homes
3 to 4 Bedroom Apartments

Rapides Homes

1306 Autumn Orchard LoopAlexandria, LA 71303

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.

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Showing Results 1-36, Page 1 of 1

Otis, LA Local Guide

Cheapest Available Otis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otis, LA is a Studio unit found at Chaparral Apartments priced from $604. Tanglewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Otis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chaparral ApartmentsStudioStudio,1BA$604
Tanglewood Apartments1BR/1.0BA1BR,1BA$675
Hermitage Apartments1BR/1.0BA1BR,1BA$725
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$765
Walden Apartment Homes2BR/1.0BA2BR,1BA$850
Arbor Hill Senior Apartments2BR/2BA2BR,2BA$882
Beau Terre1x1 Up1BR,1BA$885
Pecan GroveThe Sassafras1BR,1BA$895
Nottingham Apartments1X11BR,1BA$900
Fort Polk2 Bedroom Upstairs2BR,1BA$900

Best Value Apartments for Rent in Otis, LA and Nearby

As of May 14, 2026 the best value apartment in the Otis area is the $0.87 price per square foot 2 Bedroom 2 Bath Model at Timber Ridge Apartment Homes in the starting from $985. The second greatest value Otis apartment is the 2BR/1.0BA Model at Walden Apartment Homes starting at $850 with a $0.85 price per square foot . 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.
Timber Ridge Apartment Homes2 Bedroom 2 Bath2BR,2BA$0.87
Walden Apartment Homes2BR/1.0BA2BR,1BA$0.85
Arbor Hill Senior Apartments2BR/2BA2BR,2BA$0.93
Green Ridge Apartments2 Bed 1 Bath2BR,1BA$0.87
Beau Terre1x1 Up1BR,1BA$1.18
Hermitage Apartments1BR/1.0BA1BR,1BA$0.98
Pecan GroveThe Sassafras1BR,1BA$1.27
The Melrose Apartments1 Bedroom|1 Bath1BR,1BA$1.32
Tanglewood Apartments1BR/1.0BA1BR,1BA$1.08
Chaparral ApartmentsStudioStudio ,1BA$1.43

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.

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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.

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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

What is the Cheapest Studio apartment in Otis?

Currently the most affordable Cheap Studio Apartment in Otis is at Chaparral Apartments listed at $604.

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

The lowest price for a Cheap One Bedroom Otis Apartment is $655 at Chaparral 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 $735 at Chaparral Apartments.

What is the most affordable Otis Three Bedroom Apartment?

The best deal on a cheap Otis Three Bedroom Apartment rental is at Bayou Oaks and starts from $870.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.