Cheap Apartments for Rent in Otter Lake, MI from $400 (38 Rentals)

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

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.

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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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

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.

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Abbey Lane Apartments
1 to 2 Bedroom Apartments

Abbey Lane Apartments

4475 Richfield RdFlint, MI 48506
  • Utilities Included

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.

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 Burton Davison 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
New Pine ApartmentsOne Bedroom1BR,1BA$650
Tradewinds Mobile Home CommunityUnavailable2BR,1BA$735
East Village Apartments1 Bedroom 1 bath1BR,1BA$750
Pine Creek Apartments1 Bedroom-1Bath Small1BR,1BA$770
Arbor Lane Apartments1BR/1.0BA1BR,1BA$775
Mill Creek Apartments1 Bedroom 1Bath1BR,1BA$799
Pine Ridge Apartments *Please Call*1 Bedroom1BR,1BA$800
Sugartree Apartments1BD1BR,1BA$820

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

As of May 23, 2026 the best value apartment in the Otter Lake area is the $1.07 price per square foot 2 Bedroom 2 Bath Model at Lions Gate in the in the Burton Davison neighborhood starting from $1,365. The second greatest value Otter Lake apartment is the 2 Beds, 2 baths Model at Cedarshores Apartments starting at $978 with a $0.93 price per square foot in the Northeast Flint Beecher Genesee 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.
Lions Gate2 Bedroom 2 Bath2BR,2BA$1.07
Cedarshores Apartments2 Beds, 2 baths2BR,2BA$0.93
Chatwell Club2 Beds | 2 Baths Lower Villa2BR,2BA$1.22
Rising Estates Apartments2 Bedroom2BR,1BA$1.05
Summerfield ApartmentsTwo bed 100 units not updated2BR,1BA$0.97
Arbor Lane Apartments2BR/1.0BA2BR,1BA$0.97
River Ridge Apartments2/1 DLX2BR,1BA$1.08
New Pine ApartmentsTwo Bedroom2BR,1BA$1.03
Tradewinds Mobile Home CommunityUnavailable2BR,1BA$0.92
Cozy Home Apartments1-Bedroom1BR,1BA$1.21

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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Quick 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.

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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 $735 at Tradewinds Mobile Home Community.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.