Cheap Homes for Rent near Otter Rock, OR from $1,200 (10 Rentals)

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property at 1000 SW Bay St

$1,600 - $1,900

Studio To 1 Bedroom Rentals

Available Now

1000 SW Bay St

NewportOR97365

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.

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.

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. The Vicinity has the second lowest priced unit, which is a 2 Beds apartment currently listed from $999. 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
The Vicinity2x12BR,1BA$999
7th Street Station4BR/4BA - A - Premium4BR,4BA$1,104

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

As of July 21, 2026 the best value apartment in the Otter Rock area is the $0.80 price per square foot 4BR/4BA - A - Premium Model at 7th Street Station in the starting from $1,104. 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.
7th Street Station4BR/4BA - A - Premium4BR,4BA$0.80
478 S Main StTwo Bedroom2BR,2BA$1.48
Yugo Corvallis Domain3 Bed, 3 Bath Classic3BR,3BA$0.65
Park PlazaTwo Bedroom-Two Bath2BR,2BA$1.62
Conifer PlaceTwo Bed Two Bath B2BR,2BA$1.78
The Union4BR/3BA - Woodlands Elite Tech4BR,3BA$1.14
020-Creekside Apartments2x12BR,1BA$1.61
Villa Chateau Apartments2/1.5 A2BR,1.5BA$1.79
Jackson Commons2x12BR,1BA$1.81
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.

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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Otter Rock

What type of rentals are currently available in Otter Rock?

There are currently 52 Apartments for Rent in Otter Rock, OR with pricing that ranges from $495 to $4,000. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otter Rock ranging from $1,200 to $4,000.

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 $4,000 with an average monthly rent of $2,173.

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 $743 to $2,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,150 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,445 and Four Bedroom Apartments start at $1,030.

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.