
Cheap Homes for Rent in Otter Lake, MI from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Otter Lake.


1023 Barrie Ave

3893 Orr Dr

1220 Alvord Ave

1426 Pettibone Ave

2266 Donovan St
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.

2544 Tyrone St

3221 Burgess St

3701 Whitney Ave

3188 Augusta St.

988 S Ballenger Hwy

5413 Dupont St
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.

1553 Illinois Ave
Otter Lake, MI Local Guide

How much does it cost to rent a home in Otter Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otter Lake 2 Bedroom Homes for Rent | $933 | $650 | $1,250 |
| Otter Lake 3 Bedroom Homes for Rent | $1,235 | $950 | $1,850 |
| Otter Lake 4 Bedroom Homes for Rent | $1,250 | $900 | $1,500 |
Browse Top Homes for Rent in Otter Lake
Explore Otter Lake
Otter Lake, MI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Roger Thomas Apartments | One Bedroom | 1BR,1BA | $575 |
| Cozy Home Apartments | 1-Bedroom | 1BR,1BA | $645 |
| New Pine Apartments | One Bedroom | 1BR,1BA | $650 |
| Brickwood Estates | Unit Available | 2BR,1BA | $675 |
| Tradewinds Mobile Home Community | Unavailable | 2BR,1BA | $735 |
Best Value Apartments for Rent in Otter Lake, MI and Nearby
As of May 30, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lions Gate | 2 Bedroom 2 Bath | 2BR,2BA | $1.07 |
| Cedarshores Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.93 |
| Turrill Estates | Two Bedroom | 2BR,1BA | $1.04 |
| Rising Estates Apartments | 2 Bedroom | 2BR,1BA | $1.05 |
| Summerfield Apartments | Two bed 100 units not updated | 2BR,1BA | $0.97 |
| Arbor Lane Apartments | 2BR/1.0BA | 2BR,1BA | $0.97 |
| River Ridge Apartments | 2/1 DLX | 2BR,1BA | $1.08 |
| Brickwood Estates | Unit Available | 2BR,1BA | $0.79 |
| Tradewinds Mobile Home Community | Unavailable | 2BR,1BA | $0.92 |
| New Pine Apartments | Two Bedroom | 2BR,1BA | $1.03 |
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 ArticleReal 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.
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!
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Frequently Asked Questions about Otter Lake
What type of rentals are currently available in Otter Lake?
There are currently 51 Apartments for Rent in Otter Lake, MI with pricing that ranges from $575 to $2,650. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otter Lake ranging from $650 to $1,850.
What is the current price range for Rental Homes in Otter Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Otter Lake ranges from $650 to $1,850 with an average monthly rent of $1,053.
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

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.

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.

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.

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.