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$1,500 - $2,300
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityParkview Grand Partners LLC
15667 88th St NEOtsego, MN 55330
Cheap Apartments for Rent in Otsego, MN from $500 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Otsego.
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$1,530 - $2,340
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 30Rivers Edge Apartments
7701 River Rd NEOtsego, MN 55330
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$1,725 - $2,750
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Aug 1The Village of Otsego
8555 Quaday Ave NEOtsego, MN 55330
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$556 - $1,987
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowClear Sky
10730 175th AveElk River, MN 55330
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$845 - $1,000
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowElk River Lodge and Apartments
17432 Zane St NWElk River, MN 55330
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$1,058
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityRiver Garden Apartments
337 Baldwin AveElk River, MN 55330
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$1,075 - $1,300
Plus Fees
1 to 2 Bedroom Apartments Available Jul 1Westwind Apartments
6155-6198 Kalenda Ct NEAlbertville, MN 55301
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$1,150 - $1,290
Plus Fees
1 to 2 Bedroom Apartments Available Aug 7Ridgewood Manor Partnership
11931 191 1/2 Ave NWElk River, MN 55330
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$1,189 - $1,882
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,170 - $1,863
Required Monthly Fees
$19
Total Monthly Price
$1,189 - $1,882
Jackson Hills Apartments
725 6th St NWElk River, MN 55330
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.
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$1,195 - $1,815
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowBedford Apartments
10740 County Road 37 NEAlbertville, MN 55301
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$1,195 - $1,525
Plus Fees
2 Bedroom Apartments Available Jul 1Elk Crossing Apartments
814 Proctor Ave NWElk River, MN 55330
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$1,245 - $1,760
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Delta Apartments
17350 Zane St NWElk River, MN 55330
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$1,3002 Bedroom Apartments Available Now
365 Baldwin Ave NW, Unit 105
365 Baldwin Ave NWElk River, MN 55330
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$1,3002 Bedroom Apartments Available Now
365 Baldwin Ave NW, Unit 106
365 Baldwin Ave NWElk River, MN 55330
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$1,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
11755 191 1/2 Ave NW, Unit #302
11755 191 1/2 Ave NWElk River, MN 55330
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$1,330 - $2,500
Plus Fees
Studio to 3 Bedroom Apartments Available NowVillage at Town Center - St. Michael
11811 Frankfort Pky NESaint Michael, MN 55376
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Rent Specials
$1,378 - $1,540
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,378 - $1,540
Total Monthly Price
Varies
Dove Tree Apartments
1105 Lions Park DrElk River, MN 55330
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Rent Specials
$1,395 - $1,595
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowLions Park Apartments
1001 School St NWElk River, MN 55330
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.
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$1,419 - $4,229
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,415 - $4,225
Required Monthly Fees
$4
Total Monthly Price
$1,419 - $4,229
The Preserve at Commerce
13600 Commerce BlvdRogers, MN 55374
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$1,425 - $1,645
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowDove Terrace
1227 School St NWElk River, MN 55330
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$1,425 - $2,200
Plus Fees
Studio to 2 Bedroom Apartments Available NowFredrik
21235 Commerce BlvdRogers, MN 55374
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$1,432 - $2,379
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,417 - $2,364
Required Monthly Fees
$15
Total Monthly Price
$1,432 - $2,379
The Dylan Apartments
11910 Town Center drSaint Michael, MN 55376
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$1,477 - $2,390
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,462 - $2,375
Required Monthly Fees
$15
Total Monthly Price
$1,477 - $2,390
Quest Apartments
13650 Marsh View AveRogers, MN 55374
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$1,689 - $3,963
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,685 - $3,959
Required Monthly Fees
$4
Total Monthly Price
$1,689 - $3,963
Evans Meadows
341 Evans Ave NWElk River, MN 55330
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$1,850 - $1,880
Total Monthly Price
1 Bedroom Apartments Available Jul 8Total Monthly Price
Base Rent
$1,805 - $1,835
Required Monthly Fees
$45
Total Monthly Price
$1,850 - $1,880
Granite Shores
633 Main StElk River, MN 55330
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1 to 3 Bedroom Apartments
Elk Ridge Manor
847 Freeport Ave NWElk River, MN 55330
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1 to 2 Bedroom Apartments
Pullman Place Cooperative
17155 Quincy St NWElk River, MN 55330
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.
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1 to 2 Bedroom Apartments
Pineview Apartments
23 3rd St NWElk River, MN 55330
8330 Cedar St
RockfordMN55373
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2 Bedroom Apartments
Elk Ridges Estates
11755 191 1/2 Ave NWElk River, MN 55330
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1 to 3 Bedroom Apartments
Pheasant Ridge Apartments
5331-5337 Barthel Industrial DrAlbertville, MN 55301
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1 to 2 Bedroom Apartments
School Place Apartments
1179 School Dr NWElk River, MN 55330
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1 to 2 Bedroom Apartments
Cottages of Albertville Senior Townhomes
5588 Kalland Ave NEAlbertville, MN 55301
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1 to 2 Bedroom Apartments
Jackson Place
316 Jackson Ave NWElk River, MN 55330
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1 to 3 Bedroom Apartments
Elk Ridge Lodge
19522 Holt St NWElk River, MN 55330
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2 Bedroom Apartments
Lake Orono Estates
18594 Gary Ave NWElk River, MN 55330
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.
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3 Bedroom Apartments
Town Center Townhomes
11371 Town Center Dr NESaint Michael, MN 55376
301 3rd St E
MonticelloMN55362
1718 2nd Ave
AnokaMN55303
821 Creekside Cir
BuffaloMN55313
860 Independence Dr
Big LakeMN55309
4165 Orleans Dr NE
Saint MichaelMN55376
22167 156th St NW
Elk RiverMN55330
17127 Polk St NW
Elk RiverMN55330
7224 147th Terrace NW
RamseyMN55303
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.
599 William St
Big LakeMN55309
17722 68th Pl N
OsseoMN55311
Showing Results 1-47, Page 1 of 1
Otsego, MN Local Guide
Corn Minnesota by Kris is licensed under CC BY 2.0
How much does it cost to rent an apartment in Otsego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Otsego Studio Apartments | $1,225 | $895 | $1,505 |
| Cheap Otsego 1 Bedroom Apartments | $1,573 | $556 | $1,970 |
| Cheap Otsego 2 Bedroom Apartments | $1,795 | $848 | $2,300 |
| Cheap Otsego 3 Bedroom Apartments | $1,953 | $818 | $2,750 |
| Cheap Otsego 4 Bedroom Apartments | $1,987 | $1,987 | $1,987 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Otsego
See all Apartments in OtsegoExplore Otsego
Otsego, MN Local Guide
- Nearby Cities
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Cheapest Available Otsego Apartments for Rent
The cheapest available apartment rental in Otsego, MN is a Studio unit found at Elk River Lodge and Apartments in the Twin Lakes Estates neighborhood priced from $845. Jackson Hills Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,189. Here is today’s list of the most affordable Otsego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elk River Lodge and Apartments | Studio | Studio,1BA | $845 |
| Jackson Hills Apartments | The Bunker - CONTACT FOR AVAILABILITY | Studio,1BA | $1,189 |
| Pheasant Ridge Apartments | 3 Bedroom - N/A | 3BR,1BA | $1,210 |
| The Delta Apartments | Studio | Studio,1BA | $1,245 |
| Clear Sky | Sunrise | 2BR,1BA | $1,270 |
| Dove Tree Apartments | 1 Bedroom C | 1BR,1BA | $1,378 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1,395 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1,425 |
| Fredrik | Marlowe (A1) | Studio,1BA | $1,425 |
Best Value Apartments for Rent in Otsego, MN
As of June 14, 2026 the best value apartment in the Otsego area is the $2.04 price per square foot D1 - Traverse Model at The Preserve at Albertville in the in the Meadow Pond neighborhood starting from $2,962. The second greatest value Otsego apartment is the Bentley Model at The Preserve at Commerce starting at $1,894 with a $1.87 price per square foot in the Brockton Meadows 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. |
|---|---|---|---|
| The Preserve at Albertville | D1 - Traverse | 3BR,2BA | $2.04 |
| The Preserve at Commerce | Bentley | 2BR,1BA | $1.87 |
| 11755 191 1/2 Ave NW, Unit #302 | 11755 191 1/2 Ave NW | 2BR,1BA | $1.29 |
| Pheasant Ridge Apartments | 3 Bedroom - N/A | 3BR,1BA | $1.21 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Clear Sky | Sunrise | 2BR,1BA | $1.37 |
| Bedford Apartments | 2 BR/1 BA | 2BR,1BA | $1.67 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1.64 |
| The Delta Apartments | Studio | Studio ,1BA | $1.96 |
| Elk River Lodge and Apartments | Studio | Studio ,1BA | $2.02 |
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
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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Frequently Asked Questions about Cheap Otsego Apartments
What is the Cheapest Studio apartment in Otsego?
Currently the most affordable Cheap Studio Apartment in Otsego is at Elk River Lodge and Apartments listed at $845.
How much is rent for a Cheap One Bedroom Otsego Apartment?
The lowest price for a Cheap One Bedroom Otsego Apartment is $1,269 at Jackson Hills 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 $1,270 at Clear Sky.
What is the most affordable Otsego Three Bedroom Apartment?
The best deal on a cheap Otsego Three Bedroom Apartment rental is at Pheasant Ridge Apartments and starts from $1,210.
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.