Cheap Apartments for Rent near Otley, IA from $665 (53 Rentals)

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

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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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
  • Utilities Included

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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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
  • Utilities Included
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Spruce Pointe
Studio to 2 Bedroom Apartments

Spruce Pointe

1000 Adventureland DrAltoona, IA 50009
  • Utilities Included

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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Walnut Pointe
2 to 3 Bedroom Apartments

Walnut Pointe

1702-1798 W 4th St NNewton, IA 50208
property at 408 E 15th St
$1,145 - $1,195
2 Bedroom Rentals
Available Now

408 E 15th St

PellaIA50219

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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Showing Results 1-50, Page 1 of 2

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 in the Jasper County neighborhood priced from $675. 110 N Maple St in the Jasper County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Otley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters RunA11BR,1BA$675
110 N Maple St2-bedroom2BR,1BA$700
Hotel Maytag Apartments1 bedroom A1BR,1BA$750
Carlisle Park Apartments1BR Ground1BR,1BA$750
Indianola Park II Apartments1BR Upper1BR,1BA$750
Indianola Park Apartments1BR Upper1BR,1BA$750
Walnut Creek Apartments2 BD Legacy2BR,1BA$795
409 4th St NE2BR 1BA2BR,1BA$810
RiverwoodOaks1BR,1BA$828
Canterbury ParkTwo Bedroom CPI2BR,2BA$845

Best Value Apartments for Rent in Otley, IA and Nearby

As of September 09, 2026 the best value apartment in the Otley area is the $1.04 price per square foot Cottage - 3 Model at Terrace View by Kading in the starting from $1,295. The second greatest value Otley apartment is the Lease by September 30th, 2026 and enjoy $500 of... Model at Villa's on Bell starting at $1,380 with a $1.11 price per square foot . 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.
Terrace View by KadingCottage - 33BR,2BA$1.04
Villa's on BellLease by September 30th, 2026 and enjoy $500 of...3BR,2BA$1.11
Canterbury ParkThree Bedroom-Two Bath3BR,2BA$1.07
Walnut PointeVilla3BR,1BA$1.03
Peterson Place Apartments770 BUILDING2BR,1BA$1.11
Walnut Creek Apartments2 BD Upgraded2BR,1BA$1.05
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.93
110 N Maple St2-bedroom2BR,1BA$0.88
409 4th St NE2BR 1BA2BR,1BA$1.08
Hunters RunA11BR,1BA$0.99

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Otley, IA Rentals by Map

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See the most popular apartments and homes in Otley, IA

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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 $675 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 $700 at 110 N Maple St.

What is the most affordable Otley Three Bedroom Apartment?

The best deal on a cheap Otley Three Bedroom Apartment rental is at Walnut Pointe and starts from $1,040.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.