
Cheap Homes for Rent in Otisco, IN from $900 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Otisco.


1101 Foghorn Dr

4231 Mel Smith Rd

4235 Mel Smith Rd

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.

8801 W State Hwy 22

13202 Prospect Glen Way

1104 Lighthouse Dr

2408 Blackiston Mill Rd

1709 Ekin Ave
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.

3920 Dunbar Ave

4609 Brush College Rd

1026 Sweet Amy Wy

3133 Murr Ln

10504 Southern Meadows
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.
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 | $1,919 | $1,100 | $3,200 |
| Otisco 3 Bedroom Homes for Rent | $2,283 | $1,400 | $4,500 |
| Otisco 4 Bedroom Homes for Rent | $4,304 | $1,649 | $6,300 |
| Otisco 5 Bedroom Homes for Rent | $5,087 | $2,200 | $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 $850. 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 | $850 |
| Clarksville Lofts | 1 br small | 1BR,1BA | $899 |
| Silver Creek Commons East & West | 2 Bedroom East Large | 2BR,2BA | $900 |
| The Woods Apartments | 1 BD 1 BA | 1BR,1BA | $919 |
Best Value Apartments for Rent in Otisco, IN and Nearby
As of May 08, 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 Two Bed Model at Plum Ridge Apartments starting at $1,250 with a $1.10 price per square foot in the Southern Indiana 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 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.10 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Parkside Trace Apartments | 2 BEDROOM 2 BATHROOM NEW CONSTRUCTION | 2BR,2BA | $1.14 |
| Adelyn Apartments | 7 | 2BR,2BA | $1.03 |
| Highland Glen | 3B | 3BR,2BA | $1.07 |
| Carrington Place | 2 Bedroom 1 Bath | 2BR,1BA | $1.04 |
| Wolf Run Park Apartments | 2Bedroom/2Bathroom 986 sqft | 2BR,2BA | $1.14 |
| Holmans Crossing Apartments | 2Bedroom/2Bathroom 986 sqft (1st or 2nd floor) | 2BR,2BA | $1.17 |
| 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 41 Apartments for Rent in Otisco, IN with pricing that ranges from $200 to $3,143. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otisco ranging from $980 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 $980 to $9,500 with an average monthly rent of $2,914.
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.