
Cheap Homes for Rent in Otley, IA from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Otley.


2220 E Walnut St

303 S Madison St

1214 Gebhardt St

413 Jefferson St

3220 E University Ave
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 | $1,299 | $725 | $1,750 |
| Otley 3 Bedroom Homes for Rent | $1,697 | $1,195 | $2,500 |
| Otley 4 Bedroom Homes for Rent | $1,984 | $1,475 | $2,695 |
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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 2 Beds unit found at Courtyard Apartments priced from $639. Hunters Run has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Otley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Courtyard Apartments | B1 | 2BR,1BA | $639 |
| Hunters Run | B1 | 2BR,1BA | $695 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $725 |
Best Value Apartments for Rent in Otley, IA and Nearby
As of November 14, 2025 the best value apartment in the Otley area is the $1.05 price per square foot 3BR/2BA Model at Altoona Park Apartments in the in the Altoona Meadows neighborhood starting from $1,150. The second greatest value Otley apartment is the Villa Model at Walnut Pointe starting at $1,010 with a $1.00 price per square foot . 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. |
|---|---|---|---|
| Altoona Park Apartments | 3BR/2BA | 3BR,2BA | $1.05 |
| Walnut Pointe | Villa | 3BR,1BA | $1.00 |
| Lincoln Ridge by Kading | Villa | 3BR,1BA | $1.10 |
| SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
| Canterbury Park | Two Bedroom-Two Bath | 2BR,2BA | $1.04 |
| Hunters Run | B1 | 2BR,1BA | $0.83 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
| Woodland Heights | 2 Bed 1 Bath | 2BR,1BA | $1.04 |
| 409 4th St NE | 2BR 1BA | 2BR,1BA | $1.08 |
| Courtyard Apartments | B1 | 2BR,1BA | $0.98 |
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Frequently Asked Questions about Otley
What type of rentals are currently available in Otley?
There are currently 45 Apartments for Rent in Otley, IA with pricing that ranges from $639 to $2,513. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otley ranging from $625 to $2,695.
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 $625 to $2,695 with an average monthly rent of $1,454.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.