
Cheap Apartments for Rent in Otsego, MN from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Otsego.


Pineview Apartments

River Garden Apartments

Westwind Apartments

Elk Crossing Apartments

Ridgewood Manor Partnership

Total Monthly Price
Jackson Hills
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.

Bedford Apartments

Total Monthly Price
18110 Vance Cir NW, Unit B

The Delta Apartments

Village at Town Center - St. Michael

11877 Frankfort Pkwy NE
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.

Pheasant Ridge Apartments

Cottages of Albertville Senior Townhomes
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.
Otsego, MN Local Guide

How much does it cost to rent an apartment in Otsego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otsego Studio Apartments | $1,380 | $1,155 | $1,500 |
| Otsego 1 Bedroom Apartments | $1,512 | $556 | $1,902 |
| Otsego 2 Bedroom Apartments | $1,777 | $848 | $2,295 |
| Otsego 3 Bedroom Apartments | $2,086 | $818 | $2,995 |
| Otsego 4 Bedroom Apartments | $1,987 | $1,987 | $1,987 |
Browse Top Apartments in Otsego
See all Apartments in OtsegoExplore Otsego
Otsego, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Otsego Apartments for Rent and Nearby
 The cheapest available apartment rental in Otsego, MN is a 1 Bed unit found at River Garden Apartments in the Twin Lakes Estates neighborhood priced from $948. Elk Crossing Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Otsego apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $948 |
| Elk Crossing Apartments | One Bedroom | 1BR,1BA | $1,095 |
| The Delta Apartments | Studio | Studio,1BA | $1,245 |
| Lions Park Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1,395 |
| Dove Tree Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1,399 |
Best Value Apartments for Rent in Otsego, MN and Nearby
As of December 14, 2025 the best value apartment in the Otsego area is the $1.52 price per square foot Townhomes at Preserve Model at Townhomes at Preserve in the in the Brockton Meadows neighborhood starting from $2,915. The second greatest value Otsego apartment is the Adventure Model at Clear Sky starting at $1,987 with a $1.40 price per square foot in the Twin Lakes Estates 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. |
|---|---|---|---|
| Townhomes at Preserve | Townhomes at Preserve | 3BR,2.5BA | $1.52 |
| Clear Sky | Adventure | 4BR,2BA | $1.40 |
| Granite Shores | 2BR/2.0BA | 2BR,2BA | $1.51 |
| Bedford Apartments | 3 BR/2 BA fmr | 3BR,2BA | $1.68 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Dove Tree Apartments | 2 Bedroom 1 Bath A | 2BR,1BA | $1.65 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1.64 |
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $1.26 |
| Elk Crossing Apartments | One Bedroom | 1BR,1BA | $1.46 |
| 18110 Vance Cir NW, Unit B | 18110 Vance Cir NW | 1BR,1BA | $1.68 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Otsego, MN Rentals by Map
See the most popular apartments and homes in Otsego, MN
Getting Around Otsego, MN
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 The Delta Apartments listed at $1,245.
How much is rent for a Cheap One Bedroom Otsego Apartment?
The lowest price for a Cheap One Bedroom Otsego Apartment is $948 at River Garden 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 $1,098 at River Garden Apartments.
What is the most affordable Otsego Three Bedroom Apartment?
The best deal on a cheap Otsego Three Bedroom Apartment rental is at Bedford Apartments and starts from $1,710.
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

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.







