Cheap Apartments for Rent near Otter Rock, OR from $495 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Veri at Timberhill
$1,510 - $1,895

Total Monthly Price

Base Rent$1,510 - $1,895
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Veri at Timberhill

2380 NW Rolling Green DrCorvallis, OR 97330
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Jackson Commons
1 to 2 Bedroom Apartments

Jackson Commons

505-567 Jackson St WMonmouth, OR 97361
close
View Me
The Riviera
1 to 2 Bedroom Apartments

The Riviera

825 NW 23rd AveCorvallis, OR 97330

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Rivergreen Landing
1 to 3 Bedroom Apartments

Rivergreen Landing

3350 Southeast Midvale DriveCorvallis, OR 97333
  • Utilities Included
close
View Me
Osprey Point
Studio to 2 Bedroom Apartments

Osprey Point

75 C StIndependence, OR 97351
close
View Me
The Park at Fifth
1 to 3 Bedroom Apartments

The Park at Fifth

625 NW 5th StCorvallis, OR 97330

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.

Read Article
Showing Results 1-38, Page 1 of 1

Otter Rock, OR Local Guide

Cheapest Available Otter Rock Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otter Rock, OR is a Studio unit found at Fisterra Garden Townhomes priced from $495. Wolfpack Village Apartments in the Monmouth Independence neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Otter Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fisterra Garden Townhomes0 Bedrooms 1 BedroomStudio,1BA$495
Wolfpack Village Apartments1 Bed1BR,1BA$1,095
Metro Gardens2 Bedroom 1 Bath - 773252BR,1BA$1,195
Oakvilla1x11BR,1BA$1,195
Osprey Point0BR/1.0BAStudio,1BA$1,350
Victoria Place Apartments1x1 Flat1BR,1BA$1,350
020-Creekside Apartments2x12BR,1BA$1,400
The Park at Fifth1 Bed 6351BR,1BA$1,420
Witham VillageOne Bedroom1BR,1BA$1,425
Legacy Oaks Apartments1 Bed 1 Bath1BR,1BA$1,431

Best Value Apartments for Rent in Otter Rock, OR and Nearby

As of September 13, 2026 the best value apartment in the Otter Rock area is the $1.64 price per square foot Rogue Three Bedroom Model at The Banks in the in the Hackleman neighborhood starting from $2,205. The second greatest value Otter Rock apartment is the Two Bedroom Model at 478 S Main St starting at $1,850 with a $1.48 price per square foot in the Monmouth Independence neighborhood. Here is today’s list of the best values for Otter Rock apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BanksRogue Three Bedroom3BR,2BA$1.64
478 S Main StTwo Bedroom2BR,2BA$1.48
The Lofts 38The Matinee2BR,1BA$1.57
Riddell Apartments3BR/2.0BA3BR,2BA$1.87
Riverplace Apartment HomesFalls2BR,2BA$1.80
Conifer PlaceTwo Bed Two Bath B2BR,2BA$1.71
020-Creekside Apartments2x12BR,1BA$1.61
Wolfpack Village Apartments1 Bed1BR,1BA$1.71
Metro Gardens2 Bedroom 1 Bath - 625192BR,1BA$1.88
Fisterra Garden Townhomes0 Bedrooms 1 BedroomStudio ,1BA$1.51

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 Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Otter Rock, OR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Otter Rock, OR

View Map
Otter Rock, OR Apartments Map
View Map
Otter Rock, OR Rental Homes Map

Frequently Asked Questions about Cheap Otter Rock Apartments

What is the Cheapest Studio apartment in Otter Rock?

Currently the most affordable Cheap Studio Apartment in Otter Rock is at Fisterra Garden Townhomes listed at $495.

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

The lowest price for a Cheap One Bedroom Otter Rock Apartment is $536 at Fisterra Garden Townhomes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Otter Rock is starting from $645 at Fisterra Garden Townhomes.

What is the most affordable Otter Rock Three Bedroom Apartment?

The best deal on a cheap Otter Rock Three Bedroom Apartment rental is at Victoria Place Apartments and starts from $1,750.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.