Cheap Apartments for Rent in Otsego, MN from $500 with Washer/Dryer (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Otsego.

property at 7300 Kahler Cir NE

$2,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

4 Bedroom, 2 Bath Townhome for Rent

Available Now

7300 Kahler Cir NE

OtsegoMN55301

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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Dove Tree Apartments
$1,195 - $1,378
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,378

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Dove Tree Apartments

1105 Lions Park DrElk River, MN 55330
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  • Utilities Included
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Quest
$1,400 - $2,360
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,385 - $2,345
Required Monthly Fees
$15

Total Monthly Price
$1,400 - $2,360
Studio to 3 Bedroom Apartments Available Now

Quest

13650 Marsh View AveRogers, MN 55374
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The Preserve at Commerce
$1,419 - $4,609
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $4,605
Required Monthly Fees
$4

Total Monthly Price
$1,419 - $4,609
Studio to 3 Bedroom Apartments Available Now

The Preserve at Commerce

13600 Commerce BlvdRogers, MN 55374
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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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The Dylan
$1,432 - $2,379
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,417 - $2,364
Required Monthly Fees
$15

Total Monthly Price
$1,432 - $2,379
Studio to 3 Bedroom Apartments Available Now

The Dylan

11910 Town Center drSaint Michael, MN 55376
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Evans Meadows
$1,679 - $3,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,675 - $3,495
Required Monthly Fees
$4

Total Monthly Price
$1,679 - $3,499
1 to 2 Bedroom Apartments Available Now

Evans Meadows

341 Evans Ave NWElk River, MN 55330
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Granite Shores
$1,850 - $1,880
Total Monthly Price

Total Monthly Price

Base Rent
$1,805 - $1,835
Required Monthly Fees
$45

Total Monthly Price
$1,850 - $1,880
1 Bedroom Apartments Available Jul 8

Granite Shores

633 Main StElk River, MN 55330
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Elk Ridge Manor
1 to 3 Bedroom Apartments

Elk Ridge Manor

847 Freeport Ave NWElk River, MN 55330
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Jackson Place
1 to 2 Bedroom Apartments

Jackson Place

316 Jackson Ave NWElk River, MN 55330
  • Utilities Included

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.

property at 860 Independence Dr

$1,799 - $1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,799

Total Monthly Price
$1,799

2 Bedroom Rentals

Available Now

860 Independence Dr

Big LakeMN55309

Otsego, MN Local Guide

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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,195 at Dove Tree 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 Dove Terrace and starts from $1,535.

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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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.

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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.

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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.

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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.