
Cheap Homes for Rent in Otley, IA from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Otley.


1858 E Park Ave

1221 E 27th Ct

3612 SE 11th St
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.

906 SE Hackley Ave

417 E Wall Ave

1319 B Ave W

1404 E 25th 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.

530 W 10th St N
Otley, IA Local Guide

How much does it cost to rent a home in Otley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Otley 2 Bedroom Homes for Rent | $1,165 | $950 | $1,445 |
Otley 3 Bedroom Homes for Rent | $1,662 | $1,195 | $2,295 |
Otley 4 Bedroom Homes for Rent | $2,310 | $1,550 | $3,950 |
Otley 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Otley
Explore Otley
Otley, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $553. 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 | $553 |
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 June 17, 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 2x2 Birch Model at Ironwood starting at $1,400 with a $1.19 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 |
Ironwood | 2x2 Birch | 2BR,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 |
Peterson Place Apartments | 772 BUILDING | 2BR,1BA | $0.99 |
Walnut Creek Apartments | 2 BD Upgraded | 2BR,1BA | $1.12 |
SUNDANCE NEWTON APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
Newton Park Apartments | 2BR - 30% Gross Income | 2BR,1BA | $1.20 |
Hunters Run | A2 | 1BR,1BA | $0.87 |
Quick 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.
Frequently Asked Questions about Otley
What type of rentals are currently available in Otley?
There are currently 41 Apartments for Rent in Otley, IA with pricing that ranges from $553 to $3,263. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otley ranging from $675 to $3,950.
What is the current price range for Rental Homes in Otley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Otley ranges from $675 to $3,950 with an average monthly rent of $1,681.
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.