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$1,3002 Bedroom Apartments Available Now
365 Baldwin Ave NW, Unit 105
365 Baldwin Ave NWElk River, MN 55330
Cheap Homes for Rent in Otsego, MN from $900 (9 Rentals)
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$1,3002 Bedroom Apartments Available Now
365 Baldwin Ave NW, Unit 101
365 Baldwin Ave NWElk River, MN 55330
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$1,3002 Bedroom Apartments Available Now
365 Baldwin Ave NW, Unit 201
365 Baldwin Ave NWElk River, MN 55330
942 Main St NW, Unit Apt 200
942 Main St NW
Elk RiverMN55330
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.
721 Circle Dr
ChamplinMN55316
127 Jerry Liefert Dr
MonticelloMN55362
860 Independence Dr
Big LakeMN55309
16125 72nd St NE
OtsegoMN55330
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.
716 Washington Ct NW
Elk RiverMN55330
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Otsego, MN Local Guide
Corn Minnesota by Kris is licensed under CC BY 2.0
How much does it cost to rent a home in Otsego?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otsego 2 Bedroom Homes for Rent | $1,682 | $900 | $2,200 |
| Otsego 3 Bedroom Homes for Rent | $2,499 | $1,695 | $3,582 |
| Otsego 4 Bedroom Homes for Rent | $3,089 | $2,200 | $5,375 |
| Otsego 5 Bedroom Homes for Rent | $3,342 | $3,175 | $3,561 |
| Otsego 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Otsego, MN Local Guide
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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. Pheasant Ridge Apartments in the Towne Lakes neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,160. 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 |
| Pheasant Ridge Apartments | 2 Bedroom - N/A | 2BR,1BA | $1,160 |
| Jackson Hills Apartments | The Bunker - CONTACT FOR AVAILABILITY | Studio,1BA | $1,189 |
Best Value Apartments for Rent in Otsego, MN
As of July 21, 2026 the best value apartment in the Otsego area is the $1.59 price per square foot E1 - Empire Model at The Preserve at Albertville in the in the Meadow Pond neighborhood starting from $3,392. The second greatest value Otsego apartment is the Townhomes at Preserve Model at Townhomes at Preserve starting at $2,995 with a $1.56 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 | E1 - Empire | 4BR,2.5BA | $1.59 |
| Townhomes at Preserve | Townhomes at Preserve | 3BR,2.5BA | $1.56 |
| Kingston Crossings | 2Bed - 2Bath | 2BR,2BA | $1.81 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Elk Crossing Apartments | Two Bedroom | 2BR,1BA | $1.26 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1.64 |
| Bedford Apartments | 1 BR/1 BA | 1BR,1BA | $1.80 |
| The Delta Apartments | Studio | Studio ,1BA | $1.96 |
| Pheasant Ridge Apartments | 2 Bedroom - N/A | 2BR,1BA | $1.95 |
| 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.
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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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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 $573 to $2,750. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otsego ranging from $900 to $5,375.
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 $900 to $5,375 with an average monthly rent of $2,702.
How much are larger Three and Four Bedroom Rentals in Otsego?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Otsego range from $811 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,582. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,047.
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.
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.
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.