Cheap Apartments for Rent in Otis, OR from $300 (68 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
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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
Rent Specials
$1,449 - $1,922
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $1,922
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Varies
2 to 3 Bedroom Apartments Available Now

Willamette Park

825 Harritt Dr NWSalem, OR 97304
Affordability
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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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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 Meridian Apartments
Rent Specials
$1,710 - $4,040
Total Monthly Price

Total Monthly Price

Base Rent
$1,710 - $4,040
Total Monthly Price
$1,710 - $4,040
1 to 3 Bedroom Apartments Available Now

The Meridian Apartments

777 Commercial St SESalem, OR 97301
Corporate Housing
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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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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

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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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
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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
  • Utilities Included
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Windward Place
2 to 3 Bedroom Apartments

Windward Place

4601 NE Windward PlLincoln City, OR 97367
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

Otis, OR Local Guide

Cheapest Available Otis Apartments for Rent

 

The cheapest available apartment rental in Otis, OR is a 1 Bed unit found at Crown Ridge Apartments in the West Salem neighborhood priced from $1,150. 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
Crown Ridge Apartments1BR 1 Bath1BR,1BA$1,150
Parkview Apartments2x12BR,1BA$1,225
Maplewood Apartments2BR/1.0BA2BR,1BA$1,250
102-Mountain View2x12BR,1BA$1,250
Eola Heights ApartmentsThe Riesling1BR,1BA$1,275
LAKEPOINTE APARTMENTS2x1 Garden Level-No View2BR,1BA$1,290
Victoria Place Apartments1x1 Flat1BR,1BA$1,300
Independence Landing ApartmentsS1Studio,1BA$1,375
020-Creekside Apartments2x12BR,1BA$1,400
Willamette ParkMcKenzie2BR,2BA$1,449

Best Value Apartments for Rent in Otis, OR

As of May 23, 2026 the best value apartment in the Otis area is the $1.57 price per square foot Redwood Model at Forest Ridge Apartments in the in the Croisan neighborhood starting from $1,699. The second greatest value Otis apartment is the 2 bed 2 bath D Model at Cappella Apartments starting at $1,710 with a $1.61 price per square foot in the Sunnyslope 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.
Forest Ridge ApartmentsRedwood2BR,1.5BA$1.57
Cappella Apartments2 bed 2 bath D2BR,2BA$1.61
RIVER VALLEY TERRACE2BR/2.0BA2BR,2BA$1.50
Legacy Oaks Apartments2 Bed 2 Bath2BR,2BA$1.69
Willamette ParkSantiam2BR,2BA$1.57
102-Mountain View2x12BR,1BA$1.37
Parkview Apartments2x12BR,1BA$1.40
020-Creekside Apartments2x12BR,1BA$1.61
Maplewood Apartments2BR/1.0BA2BR,1BA$1.47
Eola Heights ApartmentsThe Riesling1BR,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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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 Independence Landing Apartments listed at $1,375.

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

The lowest price for a Cheap One Bedroom Otis Apartment is $1,150 at Crown Ridge 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 Witham Hill Oaks and starts from $1,674.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.