Cheap Apartments for Rent in Otterbein, IN from $500 (27 Rentals)

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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CNC Leasing Group
1 Bedroom Apartments

CNC Leasing Group

1214 Columbia StLafayette, IN 47901
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Bethel Townhomes
3 Bedroom Apartments

Bethel Townhomes

3552-3558 Bethel DrWest Lafayette, IN 47906
Student Housing
  • Utilities Included

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.

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1155 Anthrop Dr
2 Bedroom Apartments

1155 Anthrop Dr

1155 Anthrop DrWest Lafayette, IN 47906
Student Housing
  • Utilities Included
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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing
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CNC Leasing Group
3 Bedroom Apartments

CNC Leasing Group

1117 Hedgewood DrLafayette, IN 47904
Showing Results 1-27, Page 1 of 1

Otterbein, IN Local Guide

Cheapest Available Otterbein Apartments for Rent and Nearby

 

The cheapest available apartment rental in Otterbein, IN is a 3 Beds unit found at 52 Flats in the Discovery Park neighborhood priced from $531. Stonecrest Apartments in the Downtown Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Otterbein apartments for rent:

Apartment ListingModel NameBed/BathPriced From
52 Flats3BD 1.5BA DUPLEX - PER BD3BR,1BA$531
Stonecrest ApartmentsStudioStudio,1BA$625
Launch2A2BR,2BA$650
Downtown Lafayette Living!Studio1BR,1BA$795
Historic Downtown Apartments II2x12BR,1BA$800
The Luna FlatsLuna Flats - 2-bed/2-bath (2C) **limited time o...2BR,2BA$850
Victory on Salisbury4BR/1BA4BR,1BA$897
Crestview ApartmentsCrestview North -StudioStudio,1BA$925
Woods EdgeThe Boilermaker1BR,1BA$935
Winfield Farms - Garages Available1 Bedroom1BR,1BA$975

Best Value Apartments for Rent in Otterbein, IN and Nearby

As of July 28, 2025 the best value apartment in the Otterbein area is the $0.93 price per square foot 4x3 D Model at Hub on Campus West Lafayette in the in the Discovery Park neighborhood starting from $1,145. The second greatest value Otterbein apartment is the 4 Bedroom 2 Bath Model at Crosswalk Commons starting at $725 with a $0.71 price per square foot in the Discovery Park neighborhood. Here is today’s list of the best values for Otterbein apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub on Campus West Lafayette4x3 D4BR,3BA$0.93
Crosswalk Commons4 Bedroom 2 Bath4BR,2BA$0.71
Southridge CommonsB12BR,2BA$1.32
52 Flats2 BD/1 BA Duplex2BR,1BA$1.39
Cypress Square2BD/1BA2BR,1BA$1.30
The Luna FlatsLuna Flats - 2-bed/2-bath (2C) **limited time o...2BR,2BA$0.94
Victory on Salisbury3BR/1BA3BR,1BA$1.31
Woods EdgeThe Boilermaker1BR,1BA$1.33
Winfield Farms - Garages Available1 Bedroom1BR,1BA$1.49
Historic Downtown Apartments II2x12BR,1BA$1.28

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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Pet Friendly Lifestyle
Otterbein, IN

Ranked #55

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Otterbein, IN Rentals by Map

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See the most popular apartments and homes in Otterbein, IN

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Getting Around Otterbein, IN

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Otterbein Apartments

What is the Cheapest Studio apartment in Otterbein?

Currently the most affordable Cheap Studio Apartment in Otterbein is at Stonecrest Apartments listed at $625.

How much is rent for a Cheap One Bedroom Otterbein Apartment?

The lowest price for a Cheap One Bedroom Otterbein Apartment is $795 at Downtown Lafayette Living!.

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

Today's best deal for a Cheap Two Bedroom Apartment in Otterbein is starting from $650 at Launch.

What is the most affordable Otterbein Three Bedroom Apartment?

The best deal on a cheap Otterbein Three Bedroom Apartment rental is at 52 Flats and starts from $531.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.