Cheap Homes for Rent in Otsego, MI from $800 (8 Rentals)

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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.

property at 444 Garland St

$1,099

2 Bedroom Rentals

Available May 10

444 Garland St

KalamazooMI49001

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.

Otsego, MI Local Guide

Cheapest Available Otsego Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otsego, MI is a Studio unit found at Concord Place Apartments in the Colony Farm neighborhood priced from $783. Parchment Manor (Brickstone River View Management LLC) in the Northside neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Otsego apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Concord Place ApartmentsStudioStudio,1BA$783
Parchment Manor (Brickstone River View Management LLC)Parchment Manor Apartments - Studio **HALF OFF ...1BR,1BA$825
Nottingham Place ApartmentsThe Ashland1BR,1BA$865

Best Value Apartments for Rent in Otsego, MI and Nearby

As of May 08, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Kendall Village TownhomesKendall Village Tri-level4BR,2.5BA$0.22
The Paddock Apartment Homes2x2.5 Classic2BR,2.5BA$0.61
Country Club Park Apartments (320 S. Drake LLC)Country Club Park - Two Bedroom **February Move...2BR,1BA$1.07
Highpointe Apartments2 Bed, 1.5 Bath - 937 sq ft2BR,1.5BA$1.38
Haven on MainB12BR,1.5BA$1.27
Parchment Manor (Brickstone River View Management LLC)Parchment Manor Apartments - Studio **HALF OFF ...1BR,1BA$1.02
Element on MainA2.W1BR,1BA$1.09
The LandingThe Cove2BR,1BA$1.34
Nottingham Place ApartmentsThe Ashland1BR,1BA$1.33
Kendall Manor ApartmentsOne Bedroom1BR,1BA$1.41

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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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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Quick Rent Budget Calculator

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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!

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Frequently Asked Questions about Otsego

What type of rentals are currently available in Otsego?

There are currently 47 Apartments for Rent in Otsego, MI with pricing that ranges from $783 to $2,335. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otsego ranging from $850 to $3,500.

What is the current price range for Rental Homes in Otsego?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Otsego ranges from $850 to $3,500 with an average monthly rent of $1,781.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.