Cheap Apartments for Rent in Otsego, MI from $500 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Aspen Park Apartments
1 to 2 Bedroom Apartments

Aspen Park Apartments

810 S Farmer StOtsego, MI 49078
  • Utilities Included

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.

Read Article

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.

Read Article
property at 329 Heritage Ln

$1,098

Total Monthly Price

Total Monthly Price

Base Rent
$1,098
Total Monthly Price
$1,098

2 Bedroom, 1 Bath Townhome for Rent

Available Now

329 Heritage Ln

PlainwellMI49080
close
View Me
522 Cherokee St
1 to 3 Bedroom Apartments

522 Cherokee St

521 Cherokee StKalamazoo, MI 49006
Senior Living

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.

Read Article
close
View Me
Kendall Off Main
2 Bedroom Apartments

Kendall Off Main

220-224 S Kendall AveKalamazoo, MI 49006
Student Housing
close
View Me
Haven on Main
1 to 2 Bedroom Apartments

Haven on Main

3420 W Main StKalamazoo, MI 49006
  • 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.

Read Article
close
View Me
517 Union St
1 to 3 Bedroom Apartments

517 Union St

517 Union StPlainwell, MI 49080
Showing Results 1-38, Page 1 of 1

Otsego, MI Local Guide

Cheapest Available Otsego Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otsego, MI is a 2 Beds unit found at 503 N Riverview Dr in the Northside neighborhood priced from $800. Seville Apartments in the Colony Farm neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $924. Here is today’s list of the most affordable Otsego apartments for rent:

Apartment ListingModel NameBed/BathPriced From
503 N Riverview Dr2 bed 1 bath2BR,1BA$800
Seville ApartmentsOne Bedroom1BR,1BA$924
Concord Place ApartmentsTwo Bedroom2BR,1BA$935
Whitehall Apartments2 Bed 2 Bath2BR,2BA$935
The LandingThe Bay1BR,1BA$945
Kendall Manor ApartmentsTwo Bedroom2BR,1BA$950
Evergreen Ridge Apartments (formerly Aspen Ridge)1BR - 1BTH1BR,1BA$970
Hillside Village (Hillside Village LLC)Studio - *ONE MONTH’S RENT FREE*Studio,1BA$1,000
Kendall Off Main2 Bedroom/2 Bath2BR,2BA$1,000
Ravine ApartmentsOne Bedroom1BR,1BA$1,010

Best Value Apartments for Rent in Otsego, MI and Nearby

As of July 27, 2026 the best value apartment in the Otsego area is the $1.28 price per square foot Two Bedroom One Bathroom Model at Pritchard Estates Apartments in the in the Allegan County neighborhood starting from $1,270. The second greatest value Otsego apartment is the The Bonelli Model at Nottingham Place Apartments starting at $1,035 with a $1.09 price per square foot in the Colony Farm neighborhood. Here is today’s list of the best values for Otsego apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pritchard Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.28
Nottingham Place ApartmentsThe Bonelli2BR,1BA$1.09
Country Club Park2 Bed 1 Bath - Balcony2BR,1BA$1.07
Kendall Off Main2 Bedroom/2 Bath2BR,2BA$1.09
Ravine ApartmentsOne Bedroom1BR,1BA$1.12
The Wyatt2BR/2BA2BR,2BA$0.77
Kendall Manor ApartmentsTwo Bedroom2BR,1BA$1.28
Seville ApartmentsOne Bedroom1BR,1BA$1.26
503 N Riverview Dr2 bed 1 bath2BR,1BA$1.14
Concord Place ApartmentsTwo Bedroom2BR,1BA$1.34

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Otsego, MI

School data provided by Great Schools

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

Explore Otsego, MI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Otsego, MI

View Map
Otsego, MI Apartments Map
View Map
Otsego, MI Rental Homes Map

Frequently Asked Questions about Cheap Otsego Apartments

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

The lowest price for a Cheap One Bedroom Otsego Apartment is $924 at Seville Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Otsego is starting from $800 at 503 N Riverview Dr.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.