Apartments for Rent in Otsego, MN

Prices and availability in Otsego, MN were last updated on 1 Oct 2026.

The best apartments in Otsego, MN are: Rivers Edge Apartments, Rivers Edge Apartments and Rivers Edge Apartments II.

The average rent in Otsego, MN is $1,642.

The price range for a 1-bedroom apartment in Otsego, MN is between $1,550 and $1,695.

The price range for a 2-bedroom apartment in Otsego, MN is between $1,820 and $1,980.

The price range for a 3-bedroom apartment in Otsego, MN is between $1,550 and $2,405.

In Otsego, 7% of the residents are renting compared to 93% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Otsego's rentals, 44% are small-scale complexes with under 50 units, and 32% are single-family rentals.

The average age of rental buildings in Otsego is 14 years old, with 70% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, 6% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Otsego come in a range of sizes and floorplans. Studio apartments represent 4% 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 36% of the total apartments in the city, while 2-bedroom floorplans represent around 50% 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.