Cheap Homes for Rent in Otter Rock, OR from $1,200 (8 Rentals)

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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.

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 2 Beds unit found at The Vicinity priced from $999. The Riviera has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,099. Here is today’s list of the most affordable Otter Rock apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Vicinity2x12BR,1BA$999
The Riviera2BR 1 Bath2BR,1BA$1,099
Park PlazaStudioStudio,1BA$1,150

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

As of June 04, 2026 the best value apartment in the Otter Rock area is the $1.48 price per square foot Two Bedroom Model at 478 S Main St in the in the Monmouth Independence neighborhood starting from $1,850. The second greatest value Otter Rock apartment is the 3 Bed, 3 Bath Classic Model at Yugo Corvallis Domain starting at $799 with a $0.65 price per square foot . 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.
478 S Main StTwo Bedroom2BR,2BA$1.48
Yugo Corvallis Domain3 Bed, 3 Bath Classic3BR,3BA$0.65
Crystal Lake Apartments2BR 2 Bath2BR,2BA$1.70
Legacy Oaks Apartments2 Bed 2 Bath2BR,2BA$1.69
Ash Creek Apartments2 Beds, 1 bath2BR,1BA$1.75
020-Creekside Apartments2x12BR,1BA$1.61
#314 THE MAPLES APARTMENTS1 Bedroom1BR,1BA$1.72
Riverside Terrace- USDA Subsidized Housing2 Beds, 2 baths2BR,2BA$1.85
Villa Chateau Apartments2/1.5 A2BR,1.5BA$1.86
Victoria Place Apartments1x1 Flat1BR,1BA$1.85

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

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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 Otter Rock

What type of rentals are currently available in Otter Rock?

There are currently 49 Apartments for Rent in Otter Rock, OR with pricing that ranges from $695 to $4,000. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otter Rock ranging from $1,200 to $5,500.

What is the current price range for Rental Homes in Otter Rock?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Otter Rock ranges from $1,200 to $5,500 with an average monthly rent of $2,195.

How much are larger Three and Four Bedroom Rentals in Otter Rock?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Otter Rock range from $1,599 to $2,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,500. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $1,900.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.

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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.