Cheap Apartments for Rent in Otis, OR from $925 (63 Rentals)

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

property at 1435 NE 12th St

$1,000 - $2,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $2,300
Total Monthly Price
$1,000 - $2,300

Studio To 4 Bedroom Homes for Rent

Available Now

1435 NE 12th St

Lincoln CityOR97367

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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
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South Block Apartments
Rent Specials
$1,439 - $3,732
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$1,439 - $3,732
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Studio to 3 Bedroom Apartments Available Now

South Block Apartments

315 Commercial St SESalem, OR 97301
Active Lifestyle
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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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Willamette Park
$1,450 - $2,149
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Total Monthly Price

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$1,450 - $2,149
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2 to 3 Bedroom Apartments Available Now

Willamette Park

825 Harritt Dr NWSalem, OR 97304
Luxury
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Z_Beacon Crest
1 to 4 Bedroom Apartments

Z_Beacon Crest

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

Willet Apartments

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

The Ridge

3340 SE Harbor DrLincoln City, OR 97367
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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
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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

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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Pinehurst Apartments
1 to 2 Bedroom Apartments

Pinehurst Apartments

2433-2444 NE Holmes RdLincoln City, OR 97367
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The Firs Apartments
2 to 3 Bedroom Apartments

The Firs Apartments

4788 Skyline Rd SSalem, OR 97306
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LAKEPOINTE APARTMENTS
2 Bedroom Apartments

LAKEPOINTE APARTMENTS

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

Windward Place

4601 NE Windward PlLincoln City, OR 97367
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Osprey Point
Studio to 2 Bedroom Apartments

Osprey Point

75 C StIndependence, OR 97351

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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Otis, OR Local Guide

Cheapest Available Otis Apartments for Rent

 

The cheapest available apartment rental in Otis, OR is a Studio unit found at 805 Garibaldi Ave priced from $925. Parkview Apartments in the West Salem neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,225. Here is today’s list of the most affordable Otis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
805 Garibaldi AveStandardStudio,1BA$925
Parkview Apartments2x12BR,1BA$1,225
Wolfpack Village Apartments2 Bed Flat2BR,1BA$1,250
CappellaStudioStudio,1BA$1,325
FOX HOLLOW APARTMENTS2x1 Upstairs2BR,1BA$1,325
Victoria Place Apartments1x1 Flat1BR,1BA$1,350
Osprey Point0BR/1.0BAStudio,1BA$1,350
020-Creekside Apartments2x12BR,1BA$1,400
Willamette View Apartments870212BR,1BA$1,425
South Block ApartmentsStudio-A-1AStudio,1BA$1,439

Best Value Apartments for Rent in Otis, OR

As of August 22, 2026 the best value apartment in the Otis area is the $1.17 price per square foot 432 N Yodel Ln Model at 432 N Yodel Ln, Unit Entire House in the starting from $3,500. The second greatest value Otis apartment is the 3x2 Model at The Meridian Apartments starting at $2,599 with a $1.81 price per square foot in the West Salem 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.
432 N Yodel Ln, Unit Entire House432 N Yodel Ln4BR,2BA$1.17
The Meridian Apartments3x23BR,2BA$1.81
Eola Heights ApartmentsThe Grande Cuvee3BR,2BA$1.51
Willamette ParkRogue3BR,2BA$1.73
Forest Ridge ApartmentsRedwood2BR,1.5BA$1.61
FOX HOLLOW APARTMENTS2x1 Upstairs2BR,1BA$1.50
Willamette View Apartments870212BR,1BA$1.61
Parkview Apartments2x12BR,1BA$1.40
020-Creekside Apartments2x12BR,1BA$1.61
Wolfpack Village Apartments2 Bed Flat2BR,1BA$1.62

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 805 Garibaldi Ave listed at $925.

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

The lowest price for a Cheap One Bedroom Otis Apartment is $1,350 at Victoria Place 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.