
Cheap Apartments for Rent in Otsego, MI from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Otsego.


Concord Place Apartments

Seville Apartments

Parchment Manor Apartments

Kendall Manor Apartments

Nottingham Place Apartments

Whitehall Apartments

Parchment Point Townhomes

The Landing
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.

Evergreen Ridge Apartments (formerly Aspen Ridge)

Hillside Village

Ravine Apartments

Country Club Park

Sage Terrace Apartments

Maple Brooke Apartments

Coopers Landing Apartments

Element on Main

Summer Ridge
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.

Highpointe Apartments

Pritchard Estates Apartments

12th Street Apartments

Emerald Park

118-130 S Clarendon St

522 Cherokee St

720 S Park St

Country Knoll Apartments

Kendall Off Main
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Emerald Woods Senior Apartments

Haven on Main

1064 Colonial Trail W

517 Union St

1088 Colonial Trail

124 Merson St

1068 Colonial Trail W

1144 Merrimac St

1092 Colonial Trail W
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.

5509 Redcoat Ln

1521 N Park St
Otsego, MI Local Guide

How much does it cost to rent an apartment in Otsego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otsego Studio Apartments | $825 | $769 | $1,000 |
| Otsego 1 Bedroom Apartments | $1,079 | $804 | $1,635 |
| Otsego 2 Bedroom Apartments | $1,255 | $935 | $2,005 |
| Otsego 3 Bedroom Apartments | $1,544 | $1,205 | $2,345 |
Browse Top Apartments in Otsego
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Otsego, MI Local Guide
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Cheapest Available Otsego Apartments for Rent and Nearby
 The cheapest available apartment rental in Otsego, MI is a 1 Bed unit found at Concord Place Apartments in the Colony Farm neighborhood priced from $804. Kendall Manor Apartments in the West Main Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Otsego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Place Apartments | One Bedroom | 1BR,1BA | $804 |
| Kendall Manor Apartments | One Bedroom | 1BR,1BA | $875 |
| Parchment Manor Apartments | Parchment Manor Apartments - Studio | 1BR,1BA | $875 |
| Seville Apartments | One Bedroom | 1BR,1BA | $904 |
| Whitehall Apartments | 2 Bed 2 Bath | 2BR,2BA | $935 |
| Evergreen Ridge Apartments (formerly Aspen Ridge) | 1BR - 1BTH | 1BR,1BA | $970 |
| Nottingham Place Apartments | The Bonelli | 2BR,1BA | $980 |
| The Landing | The Peninsula- One Bed with a Den | 2BR,1BA | $990 |
| Hillside Village | Hillside Village Apartments - Studio **ONE MONT... | Studio,1BA | $1,000 |
| Country Club Park | Country Club Park - Two Bedroom *May Move in Sp... | 2BR,1BA | $1,020 |
Best Value Apartments for Rent in Otsego, MI and Nearby
As of June 12, 2026 the best value apartment in the Otsego area is the $0.22 price per square foot Kendall Village Tri-level Model at Kendall Village Townhomes in the in the West Main Hill neighborhood starting from $390. The second greatest value Otsego apartment is the 2x2.5 Classic Model at The Paddock Apartment Homes starting at $790 with a $0.61 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kendall Village Townhomes | Kendall Village Tri-level | 4BR,2.5BA | $0.22 |
| The Paddock Apartment Homes | 2x2.5 Classic | 2BR,2.5BA | $0.61 |
| Ravine Apartments | Two Bedroom | 2BR,1.5BA | $1.01 |
| Summer Ridge | A2 | 1BR,1BA | $1.14 |
| Pritchard Estates Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.26 |
| Nottingham Place Apartments | The Bonelli | 2BR,1BA | $1.03 |
| Country Club Park | Country Club Park - Two Bedroom *May Move in Sp... | 2BR,1BA | $1.07 |
| Haven on Main | B1 | 2BR,1.5BA | $1.27 |
| Parchment Manor Apartments | Parchment Manor Apartments - Studio | 1BR,1BA | $1.08 |
| Seville Apartments | One Bedroom | 1BR,1BA | $1.23 |
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 ArticleReal 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 ArticleQuick 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.
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
See the most popular apartments and homes in Otsego, MI
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 $875 at Kendall Manor 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 $935 at Whitehall Apartments.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.