
Cheap Homes for Rent in Otsego, MI from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Otsego.


525 Sprague Ave

224 Elm St
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.

3406 Kenbrooke Ct

3223 Birch Ln

2423 Sonora 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.

421 Oak St
Otsego, MI Local Guide

How much does it cost to rent a home in Otsego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otsego 2 Bedroom Homes for Rent | $1,123 | $750 | $1,475 |
| Otsego 3 Bedroom Homes for Rent | $1,504 | $1,249 | $1,900 |
| Otsego 4 Bedroom Homes for Rent | $1,775 | $1,300 | $2,350 |
| Otsego 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
| Otsego 6 Bedroom Homes for Rent | $2,850 | $2,400 | $3,300 |
Browse Top Homes for Rent 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 Studio unit found at Concord Place Apartments in the Colony Farm neighborhood priced from $752. Seville Apartments in the Colony Farm neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $777. Here is today’s list of the most affordable Otsego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Place Apartments | Studio | Studio,1BA | $752 |
| Seville Apartments | Studio | Studio,1BA | $777 |
| Nottingham Place Apartments | The Bonelli | 2BR,1BA | $780 |
Best Value Apartments for Rent in Otsego, MI and Nearby
As of January 23, 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 2BR/2BA- Townhome Model at The Wyatt starting at $1,030 with a $0.68 price per square foot in the Westwood 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 Wyatt | 2BR/2BA- Townhome | 2BR,2BA | $0.68 |
| Summer Ridge | B1 | 2BR,1BA | $1.22 |
| Aspen Ridge Apartments | D (NT) | 2BR,1BA | $0.95 |
| Country Club Park Apartments (320 S. Drake LLC) | Country Club Park - Two Bedroom **$200 OFF FIRS... | 2BR,1BA | $1.07 |
| Ravine Apartments | One Bedroom | 1BR,1BA | $1.12 |
| Parchment Manor Apartments | One Bedroom | 1BR,1BA | $1.02 |
| Element on Main | A2.W | 1BR,1BA | $1.33 |
| The Landing | The Cove | 2BR,1BA | $1.32 |
| Nottingham Place Apartments | The Ayers | 1BR,1BA | $1.26 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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!
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Frequently Asked Questions about Otsego
What type of rentals are currently available in Otsego?
There are currently 46 Apartments for Rent in Otsego, MI with pricing that ranges from $752 to $2,285. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otsego ranging from $750 to $3,300.
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 $750 to $3,300 with an average monthly rent of $1,855.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.