
Cheap Homes for Rent in Otisco, IN from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Otisco.


312 Apple Tree Ln

3831 Horne Ave

1101 Foghorn Dr

201 Stonebench Cir
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.

3115 Lighthouse Dr

4231 Mel Smith Rd

1811 Edgewood Dr

8801 W State Hwy 22

1104 Lighthouse Dr
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.
Otisco, IN Local Guide

How much does it cost to rent a home in Otisco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otisco 2 Bedroom Homes for Rent | $1,535 | $1,050 | $2,300 |
| Otisco 3 Bedroom Homes for Rent | $2,284 | $1,000 | $4,500 |
| Otisco 4 Bedroom Homes for Rent | $3,680 | $1,800 | $5,500 |
| Otisco 5 Bedroom Homes for Rent | $6,750 | $4,750 | $9,500 |
Browse Top Homes for Rent in Otisco
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Otisco, IN Local Guide
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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 Southern Indiana neighborhood priced from $200. Stonebrook of Scottsburg has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Otisco apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Stonebrook of Scottsburg | One Bedroom, One Bath, 650 Sq Ft | 1BR,1BA | $749 |
| The Woods Apartments | 1 BD 1 BA | 1BR,1BA | $919 |
Best Value Apartments for Rent in Otisco, IN and Nearby
As of June 22, 2026 the best value apartment in the Otisco area is the $1.14 price per square foot 2BR/2BA Model at Thompson Square Apartments in the in the Oak Park neighborhood starting from $1,310. The second greatest value Otisco apartment is the 2 Beds, 2 baths Model at Rivers Edge Residences starting at $1,250 with a $1.10 price per square foot in the Harrods Creek neighborhood. Here is today’s list of the best values for Otisco apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Thompson Square Apartments | 2BR/2BA | 2BR,2BA | $1.14 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Adelyn Apartments | 4229-8 | 2BR,2BA | $1.03 |
| Carrington Place | 2 Bedroom 1 Bath | 2BR,1BA | $1.04 |
| Nicholas Landing | Two Bedroom | 2BR,2BA | $1.17 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | 2BR,2BA | $1.19 |
| Wolf Run Park Apartments | 2Bedroom/2Bathroom 986 sqft | 2BR,2BA | $1.17 |
| Lakeview | 1 Bedroom 1 Bath | 1BR,1BA | $1.17 |
| Stonebrook of Scottsburg | One Bedroom, One Bath, 650 Sq Ft | 1BR,1BA | $1.15 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,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.
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 Otisco
What type of rentals are currently available in Otisco?
There are currently 42 Apartments for Rent in Otisco, IN with pricing that ranges from $200 to $3,284. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otisco ranging from $995 to $9,500.
What is the current price range for Rental Homes in Otisco?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Otisco ranges from $995 to $9,500 with an average monthly rent of $3,048.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.