
Cheap Apartments for Rent in Otley, IA from $400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Otley.


Hotel Maytag Apartments
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.

East Park Apartments

Carlisle Park Apartments

Indianola Park Apartments

124 S 2nd St
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

How much does it cost to rent an apartment in Otley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Otley Studio Apartments | $806 | $650 | $885 |
Otley 1 Bedroom Apartments | $1,256 | $550 | $2,531 |
Otley 2 Bedroom Apartments | $1,228 | $695 | $3,247 |
Otley 3 Bedroom Apartments | $1,494 | $945 | $2,843 |
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Otley, IA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hunters Run | A1 | 1BR,1BA | $550 |
Woodland Heights | 1 Bed 1 Bath | 1BR,1BA | $685 |
Hotel Maytag Apartments | 2 bedroom A | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Danamere Village | C1 - Income Restricted | 3BR,2BA | $1.19 |
Altoona Park Apartments | 3BR/2BA | 3BR,2BA | $1.05 |
Lincoln Ridge by Kading | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
Hotel Maytag Apartments | 2 bedroom A | 2BR,1BA | $0.75 |
SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
Peterson Place Apartments | 772 BUILDING | 2BR,1BA | $0.99 |
Walnut Creek Apartments | 2 BD Upgraded | 2BR,1BA | $1.12 |
Centennial Place Apartments | 2BR/1BA | 2BR,1BA | $1.14 |
Newton Park Apartments | 2BR - 30% Gross Income | 2BR,1BA | $1.20 |
Hunters Run | A2 | 1BR,1BA | $0.86 |
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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.

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.

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.

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.

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.