Cheap Apartments for Rent in Otis, OR from $300 (57 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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Veri at Timberhill
Rent Specials
$1,420 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $1,895
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Veri at Timberhill

2380 NW Rolling Green DrCorvallis, OR 97330
Pet Friendly
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Willamette Park
$1,434 - $2,333
Total Monthly Price

Total Monthly Price

Base Rent
$1,434 - $2,333
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Willamette Park

825 Harritt Dr NWSalem, OR 97304
Luxury
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  • Customer Reviewed
  • 3D Tour

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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Z_Beacon Crest
1 to 4 Bedroom Apartments

Z_Beacon Crest

2897 NE 47th StLincoln City, OR 97367
  • Utilities Included
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Willet Apartments
1 to 2 Bedroom Apartments

Willet Apartments

400 Ocean PlTillamook, OR 97141
  • 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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The Ridge
2 to 3 Bedroom Apartments

The Ridge

3340 SE Harbor DrLincoln City, OR 97367
  • Utilities Included
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Jackson Commons
1 to 2 Bedroom Apartments

Jackson Commons

505-567 Jackson St WMonmouth, OR 97361
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Z_Lincoln Village
1 to 3 Bedroom Apartments

Z_Lincoln Village

2530 NE 31stLincoln City, OR 97367
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The Dorchester House
Studio to 2 Bedroom Apartments

The Dorchester House

2701 NW Highway 101Lincoln City, OR 97367
Senior Living
  • Utilities Included
property at 2050 US-101

$900

Studio Rentals

Available Now

2050 US-101

Depoe BayOR97341
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Lake Forest Commons
2 to 3 Bedroom Apartments

Lake Forest Commons

3021 NE West Devils Lake RdLincoln City, OR 97367
  • Utilities Included

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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The Firs Apartments
2 to 3 Bedroom Apartments

The Firs Apartments

4788 Skyline Rd SSalem, OR 97306
  • Utilities Included
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Pinehurst Apartments
1 to 2 Bedroom Apartments

Pinehurst Apartments

2433-2444 NE Holmes RdLincoln City, OR 97367
  • Utilities Included
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LAKEPOINTE APARTMENTS
2 Bedroom Apartments

LAKEPOINTE APARTMENTS

120 SE Mast AveLincoln City, OR 97367
  • Utilities Included
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Windward Place
2 to 3 Bedroom Apartments

Windward Place

4601 NE Windward PlLincoln City, OR 97367
  • Utilities Included
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Cedar Crest Townhomes
1 to 3 Bedroom Apartments

Cedar Crest Townhomes

1585 SE 19th StLincoln City, OR 97367
  • Utilities Included

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Otis, OR Local Guide

Cheapest Available Otis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otis, OR is a Studio unit found at 805 Garibaldi Ave priced from $819. Wolfpack Village Apartments in the Monmouth Independence neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Otis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
805 Garibaldi AveStandardStudio,1BA$819
Wolfpack Village Apartments1 Bed1BR,1BA$1,095
Parkview Apartments2x12BR,1BA$1,225
Maplewood Apartments2BR/1.0BA2BR,1BA$1,250
FOX HOLLOW APARTMENTS1x1 Downstairs1BR,1BA$1,275
RIVER VALLEY TERRACE2BR/2.0BA2BR,2BA$1,300
Cappella ApartmentsStudioStudio,1BA$1,325
Victoria Place Apartments1x1 Flat1BR,1BA$1,350
Riverplace Apartment HomesSpringStudio,1BA$1,350
Willamette ParkSantiam2BR,2BA$1,384

Best Value Apartments for Rent in Otis, OR and Nearby

As of July 07, 2026 the best value apartment in the Otis area is the $1.51 price per square foot The Grande Cuvee Model at Eola Heights Apartments in the in the West Salem neighborhood starting from $1,800. The second greatest value Otis apartment is the 2 Bedroom Units Model at Harmona Heights Apartments starting at $1,650 with a $1.51 price per square foot in the Croisan 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.
Eola Heights ApartmentsThe Grande Cuvee3BR,2BA$1.51
Harmona Heights Apartments2 Bedroom Units2BR,2BA$1.51
RIVER VALLEY TERRACE2BR/2.0BA2BR,2BA$1.34
Willamette ParkSantiam2BR,2BA$1.55
134-Valley Pointe Apartments2x22BR,2BA$1.69
102-Mountain View2x12BR,1BA$1.31
FOX HOLLOW APARTMENTS2x1 Upstairs Upgrade2BR,1BA$1.56
Parkview Apartments2x12BR,1BA$1.40
020-Creekside Apartments2x12BR,1BA$1.61
Maplewood Apartments2BR/1.0BA2BR,1BA$1.47

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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Quick 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.

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

Explore Otis, OR Rentals by Map

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See the most popular apartments and homes in Otis, OR

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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 805 Garibaldi Ave listed at $819.

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

The lowest price for a Cheap One Bedroom Otis Apartment is $1,095 at Wolfpack 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 $1,225 at Parkview Apartments.

What is the most affordable Otis Three Bedroom Apartment?

The best deal on a cheap Otis Three Bedroom Apartment rental is at Victoria Place Apartments and starts from $1,750.

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.

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

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.