Cheap Apartments for Rent in Otley, IA from $400 (10 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
  • Utilities Included
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110 N Maple St
2 Bedroom Apartments

110 N Maple St

110 N Maple StColfax, IA 50054
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Otley, IA Local Guide

Cheapest Available Otley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otley, IA is a 1 Bed unit found at Hunters Run priced from $550. Woodland Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here is today’s list of the most affordable Otley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters RunA11BR,1BA$550
Woodland Heights1 Bed 1 Bath1BR,1BA$685
Hotel Maytag Apartments2 bedroom A2BR,1BA$705

Best Value Apartments for Rent in Otley, IA and Nearby

As of July 07, 2025 the best value apartment in the Otley area is the $1.19 price per square foot C1 - Income Restricted Model at Danamere Village in the in the Danamere Farms neighborhood starting from $1,547. The second greatest value Otley apartment is the 3BR/2BA Model at Altoona Park Apartments starting at $1,150 with a $1.05 price per square foot in the Altoona Meadows neighborhood. Here is today’s list of the best values for Otley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Danamere VillageC1 - Income Restricted3BR,2BA$1.19
Altoona Park Apartments3BR/2BA3BR,2BA$1.05
Lincoln Ridge by KadingSign a 13 Month Lease, Get the 13th Month Free!3BR,1BA$1.14
Hotel Maytag Apartments2 bedroom A2BR,1BA$0.75
SUNDANCE NEWTON APARTMENTS3 Bedroom 2 Bathroom3BR,2BA$1.02
Peterson Place Apartments772 BUILDING2BR,1BA$0.99
Walnut Creek Apartments2 BD Upgraded2BR,1BA$1.12
Centennial Place Apartments2BR/1BA2BR,1BA$1.14
Newton Park Apartments2BR - 30% Gross Income2BR,1BA$1.20
Hunters RunA21BR,1BA$0.86

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Explore Otley, IA Rentals by Map

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Frequently Asked Questions about Cheap Otley Apartments

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

The lowest price for a Cheap One Bedroom Otley Apartment is $550 at Hunters Run.

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

Today's best deal for a Cheap Two Bedroom Apartment in Otley is starting from $695 at Hunters Run.

What is the most affordable Otley Three Bedroom Apartment?

The best deal on a cheap Otley Three Bedroom Apartment rental is at Woodland Heights and starts from $945.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.