
Cheap Homes for Rent in Otsego, MN from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Otsego.

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.

6112 Maclynn Ave 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.

6583 Linwood Drive
Otsego, MN 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 | $2,140 | $1,500 | $2,727 |
| Otsego 3 Bedroom Homes for Rent | $2,480 | $2,029 | $3,217 |
| Otsego 4 Bedroom Homes for Rent | $3,304 | $2,300 | $5,375 |
| Otsego 5 Bedroom Homes for Rent | $4,359 | $2,995 | $6,000 |
Browse Top Homes for Rent in Otsego
Explore Otsego
Otsego, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Otsego, MN
As of November 26, 2025 the best value apartment in the Otsego area is the $1.58 price per square foot 2BR/2.0BA Model at Granite Shores in the in the Twin Lakes Estates neighborhood starting from $2,055. The second greatest value Otsego apartment is the 3 BR/2 BA fmr Model at Bedford Apartments starting at $1,830 with a $1.68 price per square foot in the Meadow Pond 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. |
|---|---|---|---|
| Granite Shores | 2BR/2.0BA | 2BR,2BA | $1.58 |
| Bedford Apartments | 3 BR/2 BA fmr | 3BR,2BA | $1.68 |
| Clear Sky | First Light | 2BR,1BA | $1.61 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Dove Tree Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1.57 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1.64 |
| School Place Apartments | 2 BR/1 BA | 2BR,1BA | $1.49 |
| 18110 Vance Cir NW, Unit B | 18110 Vance Cir NW | 1BR,1BA | $1.75 |
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $1.26 |
| Elk Crossing Apartments | One Bedroom | 1BR,1BA | $1.46 |
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
Frequently Asked Questions about Otsego
What type of rentals are currently available in Otsego?
There are currently 70 Apartments for Rent in Otsego, MN with pricing that ranges from $853 to $2,975. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otsego ranging from $1,100 to $6,000.
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 $1,100 to $6,000 with an average monthly rent of $2,676.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.