Cheap Homes for Rent in Otis, OR from $900 (16 Rentals)

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property at 2050 US-101

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2050 US-101

Depoe BayOR97341

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.

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.

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.

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

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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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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Location, Location, Location!

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Frequently Asked Questions about Otis

What type of rentals are currently available in Otis?

There are currently 74 Apartments for Rent in Otis, OR with pricing that ranges from $850 to $4,040. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otis ranging from $900 to $5,500.

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 $900 to $5,500 with an average monthly rent of $2,120.

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.