
Cheap Homes for Rent near Otsego, MI from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Otsego.


720 S Park St

240 Stuart Ave

518 N Clarendon St
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.

1107 N Burdick St

3311 Wesler Dr

3489 Kenbrooke Ct

3522 Kenbrooke Ct
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.

514-516 N Berkley 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 | $1,087 | $799 | $1,310 |
| Otsego 3 Bedroom Homes for Rent | $1,539 | $1,200 | $1,825 |
| Otsego 4 Bedroom Homes for Rent | $1,959 | $1,650 | $2,600 |
| Otsego 5 Bedroom Homes for Rent | $2,016 | $1,750 | $2,500 |
| Otsego 6 Bedroom Homes for Rent | $2,887 | $2,400 | $3,450 |
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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 Parchment Manor Apartments in the Northside neighborhood priced from $875. Whitehall Apartments in the West Main Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. Here is today’s list of the most affordable Otsego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parchment Manor Apartments | Parchment Manor | One Bedroom. One Bathroom | 1BR,1BA | $875 |
| Whitehall Apartments | 2 Bed 2 Bath | 2BR,2BA | $935 |
| Concord Place Apartments | Two Bedroom | 2BR,1BA | $944 |
Best Value Apartments for Rent in Otsego, MI and Nearby
As of August 08, 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 B1.C Model at Element on Main starting at $1,175 with a $1.22 price per square foot in the Oakland / Winchell 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. |
|---|---|---|---|
| Pritchard Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.28 |
| Element on Main | B1.C | 2BR,1BA | $1.22 |
| Country Club Park | 2 Bed 1 Bath - Balcony | 2BR,1BA | $1.07 |
| Nottingham Place Apartments | The Bonelli | 2BR,1BA | $1.10 |
| Kendall Off Main | 2 Bedroom/2 Bath | 2BR,2BA | $1.09 |
| Seville Apartments | Two Bedroom | 2BR,1BA | $1.10 |
| Ravine Apartments | One Bedroom | 1BR,1BA | $1.12 |
| The Wyatt | 2BR/2BA | 2BR,2BA | $0.77 |
| Kendall Manor Apartments | Two Bedroom | 2BR,1BA | $1.28 |
| Concord Place Apartments | Two Bedroom | 2BR,1BA | $1.35 |
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.
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Best Local Schools in Otsego, MI
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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 $779 to $2,264. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otsego ranging from $799 to $3,450.
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 $799 to $3,450 with an average monthly rent of $1,534.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.

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.