Cheap Apartments for Rent near Otisco, IN from $497 (54 Rentals)

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

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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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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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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The Laurel
$1,234 - $2,204
Total Monthly Price

Total Monthly Price

Base Rent
$1,234 - $2,204
Total Monthly Price
$1,234 - $2,204
1 to 3 Bedroom Apartments Available Now

The Laurel

3498 Jefferson Ridge DrJeffersonville, IN 47130
Corporate Housing
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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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Highland Glen
1 to 3 Bedroom Apartments

Highland Glen

725 S Mansfield DrScottsburg, IN 47170
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Koehler Springs
2 to 3 Bedroom Apartments

Koehler Springs

2012 Payne Koehler RdSellersburg, IN 47172
  • Utilities Included

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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Otisco, IN Local Guide

Cheapest Available Otisco Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otisco, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Clarksville neighborhood priced from $200. The Woods Apartments in the Jeffersonville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $919. Here is today’s list of the most affordable Otisco apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$200
The Woods Apartments1 BD 1 BA1BR,1BA$919
Foxtail Pointe2 Bdrm B2BR,1BA$942
Lakeview Apartments1 Bedroom 1 Bath1BR,1BA$964
Stonebridge ApartmentsFirst Floor 1Bed/1Bath1BR,1BA$995
Charlestown FlatsOne Bedroom Flat1BR,1BA$995
Parkside Trace Apartments2 BEDROOM 2 BATHROOM2BR,2BA$1,000
Autumn Ridge Apartments1 Bedroom 1 Bathroom1BR,1BA$1,015
Ashby Apartments1 Bedroom 1 Bath 6241BR,1BA$1,029
Carrington Place1 Bedroom 1 Bath 10601BR,1BA$1,034

Best Value Apartments for Rent in Otisco, IN and Nearby

As of August 26, 2026 the best value apartment in the Otisco area is the $1.17 price per square foot 3 Bedroom, 2 Bathroom Model at Lighthouse Apartments in the in the Jeffersonville neighborhood starting from $1,525. The second greatest value Otisco apartment is the Three Bedroom Model at Nicholas Landing starting at $1,395 with a $1.19 price per square foot in the Clarksville neighborhood. Here is today’s list of the best values for Otisco apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lighthouse Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.17
Nicholas LandingThree Bedroom3BR,2BA$1.19
Thompson Square Apartments2BR/2BA2BR,2BA$1.14
Plum Ridge ApartmentsTwo Bed2BR,2BA$1.01
Parkside Trace Apartments2 BEDROOM 2 BATHROOM NEW CONSTRUCTION2BR,2BA$1.14
Carrington Place2 Bedroom 1 Bath2BR,1BA$1.05
Foxtail Pointe2 Bdrm B2BR,1BA$0.99
Renaissance Park ApartmentsNew Construction Two Bedroom Two Bathroom2BR,2BA$1.18
Lakeview Apartments1 Bedroom 1 Bath1BR,1BA$1.19
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$0.34

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!

Explore Otisco, IN Rentals by Map

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Frequently Asked Questions about Cheap Otisco Apartments

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

The lowest price for a Cheap One Bedroom Otisco Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.

What is the lowest price for a Cheap Two Bedroom Otisco Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Otisco is starting from $942 at Foxtail Pointe.

What is the most affordable Otisco Three Bedroom Apartment?

The best deal on a cheap Otisco Three Bedroom Apartment rental is at Beech Grove Apartments and starts from $1,200.

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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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.

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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.