Cheap Homes for Rent in Otis, OR from $1,000 (16 Rentals)

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

property at 1435 NE 12th St
$1,000 - $2,300

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.

property at 221 NW 3rd St
$1,575 - $2,075
2 To 3 Bedroom Rentals
Available Now

221 NW 3rd St

NewportOR97365
property at 1000 SE Bay Blvd.
$1,600 - $1,900
Studio To 1 Bedroom Rentals
Available Now

1000 SE Bay Blvd.

NewportOR97365

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.

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.

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
Maplewood Apartments2BR/1.0BA2BR,1BA$1,250
Wolfpack Village Apartments2 Bed Flat2BR,1BA$1,250
FOX HOLLOW APARTMENTS2x1 Upstairs2BR,1BA$1,325

Best Value Apartments for Rent in Otis, OR

As of September 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 Rogue Model at Willamette Park starting at $1,978 with a $1.71 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.
Eola Heights ApartmentsThe Grande Cuvee3BR,2BA$1.51
Willamette ParkRogue3BR,2BA$1.71
Riverplace Apartment HomesFalls2BR,2BA$1.80
Forest Ridge ApartmentsRedwood2BR,1.5BA$1.61
Willamette View Apartments870212BR,1BA$1.61
FOX HOLLOW APARTMENTS2x1 Upstairs2BR,1BA$1.50
Parkview Apartments2x12BR,1BA$1.40
020-Creekside Apartments2x12BR,1BA$1.61
Maplewood Apartments2BR/1.0BA2BR,1BA$1.47
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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

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Frequently Asked Questions about Otis

What type of rentals are currently available in Otis?

There are currently 79 Apartments for Rent in Otis, OR with pricing that ranges from $925 to $4,040. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otis ranging from $1,000 to $5,200.

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 $1,000 to $5,200 with an average monthly rent of $2,205.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.