Apartments for Rent in Otsego, MN

Prices and availability in Otsego, MN were last updated on 23 May 2026.

The best apartment in Otsego, MN is: Rivers Edge Apartments.

The average rent in Otsego, MN is $1,631.

The price range for a 1-bedroom apartment in Otsego, MN is between $1,430 and $1,680.

The price range for a 2-bedroom apartment in Otsego, MN is between $1,785 and $1,800.

The price range for a 3-bedroom apartment in Otsego, MN is between $1,430 and $1,800.

In Otsego 7% of the housing is rented out compared to 93% of homes are owned, according to the most recent Census Bureau estimates. 16% of Otsego's apartments are found in large buildings of 50 units or more, 44% are located in smaller apartment complexes with less than 50 units, and 32% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Otsego are about 21 years old, on average. Of these, 48% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, 4% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Otsego come in a range of sizes and floorplans. Studio apartments represent 1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 33% of the total apartments in the city, while 2-bedroom floorplans represent around 51% of all rentals in Otsego. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.