
Cheap Homes for Rent in Otis, OR from $900 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Otis.


4510 SW Coast Ave

372 SW Donald St

2950 SW Coho St

231 NW 3rd St
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.

680 SE Hwy 101

1000 SW Bay St

1000 SE Bay Blvd.

375 S Main St

3440 US-101
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.

3031 NE West Devils Lake Rd

2368 Salmon River Hwy

868 NW 6th St

263 Gwinn Street E

43390 Nestucca River Rd
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.

2371 Salmon River Hwy
Otis, OR Local Guide

How much does it cost to rent a home in Otis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otis 2 Bedroom Homes for Rent | $2,198 | $1,500 | $5,500 |
| Otis 3 Bedroom Homes for Rent | $2,871 | $1,795 | $5,500 |
| Otis 4 Bedroom Homes for Rent | $2,525 | $2,300 | $2,750 |
Browse Top Homes for Rent in Otis
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Otis, OR Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crown Ridge Apartments | 1BR 1 Bath | 1BR,1BA | $1,150 |
| Parkview Apartments | 2x1 | 2BR,1BA | $1,225 |
| Maplewood Apartments | 2BR/1.0BA | 2BR,1BA | $1,250 |
| 102-Mountain View | 2x1 | 2BR,1BA | $1,250 |
| Eola Heights Apartments | The Riesling | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Ridge Apartments | Redwood | 2BR,1.5BA | $1.57 |
| Cappella Apartments | 2 bed 2 bath D | 2BR,2BA | $1.61 |
| RIVER VALLEY TERRACE | 2BR/2.0BA | 2BR,2BA | $1.50 |
| Legacy Oaks Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.69 |
| Willamette Park | Santiam | 2BR,2BA | $1.57 |
| 102-Mountain View | 2x1 | 2BR,1BA | $1.37 |
| Parkview Apartments | 2x1 | 2BR,1BA | $1.40 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1.61 |
| Maplewood Apartments | 2BR/1.0BA | 2BR,1BA | $1.47 |
| Eola Heights Apartments | The Riesling | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
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 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

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.

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.

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.

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.