
Cheap Homes for Rent in Otwell, IN from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Otwell.


1103 Broadway St

518 E Water St

707 Jackson St

2640 Windy Hill Rd

629 E Broadway 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.

16 Parkview Dr

105 Sundale Trailer Ct

113 Sundale Trailer Ct

24 Parkview Dr

603 Jefferson St

344 St Louis J Koch Blvd
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.

7833 Andee Ln
Otwell, IN Local Guide

How much does it cost to rent a home in Otwell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otwell 2 Bedroom Homes for Rent | $1,879 | $900 | $3,500 |
| Otwell 3 Bedroom Homes for Rent | $1,823 | $1,277 | $2,900 |
| Otwell 4 Bedroom Homes for Rent | $2,563 | $2,400 | $2,790 |
Browse Top Homes for Rent in Otwell
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Otwell, IN Local Guide
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Cheapest Available Otwell Apartments for Rent and Nearby
 The cheapest available apartment rental in Otwell, IN is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Princeton Court in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $710. Here is today’s list of the most affordable Otwell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $710 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath A | 1BR,1BA | $725 |
| Valoré at Hidden Hills | The Pine - One Bedroom Apartment Home | 1BR,1BA | $725 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $745 |
Best Value Apartments for Rent in Otwell, IN and Nearby
As of December 01, 2025 the best value apartment in the Otwell area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,595. The second greatest value Otwell apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,450 with a $1.19 price per square foot in the Business 41 neighborhood. Here is today’s list of the best values for Otwell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | 3BR Villa | 3BR,2BA | $1.04 |
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.19 |
| River Club | Delaware - Renovated | 2BR,1BA | $1.24 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Naveen Pine Townhomes | Beautiful 3 Bedroom Townhome | 3BR,1.5BA | $1.23 |
| Naveen Pine Apartments | Cozy Two Bedroom Apartment Home | 2BR,1BA | $1.12 |
| North Park | McCallister | 1BR,1BA | $1.10 |
| Devonshire Gardens I & II | II 1 Bed 1 Bath C | 1BR,1BA | $1.12 |
| Ironton at Shoals | 1 Beds, 1 Baths | 1BR,1BA | $1.15 |
| Princeton Court | 1 Bed 1 Bath | 1BR,1BA | $1.23 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Otwell
What type of rentals are currently available in Otwell?
There are currently 41 Apartments for Rent in Otwell, IN with pricing that ranges from $599 to $4,399. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otwell ranging from $900 to $3,500.
What is the current price range for Rental Homes in Otwell?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Otwell ranges from $900 to $3,500 with an average monthly rent of $1,941.
How much are larger Three and Four Bedroom Rentals in Otwell?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Otwell range from $1,150 to $2,401, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,277 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,799.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.