Cheap Apartments for Rent near Otter Lake, MI from $575 (62 Rentals)

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

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Davison Landings
Studio to 1 Bedroom Apartments

Davison Landings

300 S Main StDavison, MI 48423
Senior Living
  • Utilities Included
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Pineview Manor
1 to 2 Bedroom Apartments

Pineview Manor

9247 N Saginaw RdMount Morris, MI 48458
Corporate Housing
  • Utilities Included
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New Pine Apartments
1 to 2 Bedroom Apartments

New Pine Apartments

618 New StClio, MI 48420
  • Utilities Included
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Abbey Lane Apartments
1 to 2 Bedroom Apartments

Abbey Lane Apartments

4475 Richfield RdFlint, MI 48506
  • Utilities Included

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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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.

Otter Lake, MI Local Guide

Cheapest Available Otter Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otter Lake, MI is a 1 Bed unit found at Roger Thomas Apartments in the Mount Morris neighborhood priced from $575. Cozy Home Apartments in the East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Otter Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roger Thomas ApartmentsOne Bedroom1BR,1BA$575
Cozy Home Apartments1-Bedroom1BR,1BA$645
Tradewinds Mobile Home CommunityUnavailable1BR,1BA$735
Charter Oaks ApartmentsOne Bedroom Chestnut Oak1BR,1BA$757
River Ridge Apartments1B/1B1BR,1BA$765
Eastknoll ApartmentsOne Bed | One Bath1BR,1BA$765
Windsor Place ApartmentsOne Bedroom Coventry1BR,1BA$770
Arbor Lane Apartments1BR/1.0BA1BR,1BA$775
Mill Creek ApartmentsStudio1BR,1BA$799
Drakeshire ApartmentsOne Bed | One Bath | $500 Off First Month's Rent!1BR,1BA$800

Best Value Apartments for Rent in Otter Lake, MI and Nearby

As of August 22, 2026 the best value apartment in the Otter Lake area is the $0.93 price per square foot 2 Beds, 2 baths Model at Cedarshores Apartments in the in the Northeast Flint Beecher Genesee neighborhood starting from $978. The second greatest value Otter Lake apartment is the 5200 N. Genesee units 200- 2 Bed Model at Summerfield Apartments starting at $949 with a $0.90 price per square foot in the Burton Davison neighborhood. Here is today’s list of the best values for Otter Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedarshores Apartments2 Beds, 2 baths2BR,2BA$0.93
Summerfield Apartments5200 N. Genesee units 200- 2 Bed2BR,1BA$0.90
Chatwell Club2 Beds | 2 Baths Upper Villa2BR,2BA$1.15
Hazel Park Apartments2 Bedroom All Utilities Paid2BR,1BA$1.12
Arbor Lane Apartments2BR/1.0BA2BR,1BA$0.97
Brickwood EstatesUnit Available2BR,1BA$0.97
Pines Lapeer West Apartments1 Bedroom - POD1BR,1BA$1.19
Tradewinds Mobile Home CommunityUnavailable1BR,1BA$0.92
Collingwood VillageThe Grandwood1BR,1BA$1.19
Eastknoll ApartmentsTwo Bed | One Bath2BR,1BA$1.07

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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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 Otter Lake Apartments

How much is rent for a Cheap One Bedroom Otter Lake Apartment?

The lowest price for a Cheap One Bedroom Otter Lake Apartment is $575 at Roger Thomas Apartments.

What is the lowest price for a Cheap Two Bedroom Otter Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Otter Lake is starting from $795 at Roger Thomas Apartments.

What is the most affordable Otter Lake Three Bedroom Apartment?

The best deal on a cheap Otter Lake Three Bedroom Apartment rental is at Davison Mobile Home Community and starts from $875.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.