Apartments for Rent in Otsego, MN

Prices and availability in Otsego, MN were last updated on 13 May 2026.

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

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

The price range for a 1-bedroom apartment in Otsego, MN is between $1,530 and $1,635.

The price range for a 2-bedroom apartment in Otsego, MN is between $1,820 and $1,880.

The price range for a 3-bedroom apartment in Otsego, MN is between $1,550 and $2,340.

In Otsego 9% of the housing is rented out compared to 91% of homes are owned, according to the most recent Census Bureau estimates. 12% of Otsego's apartments are found in large buildings of 50 units or more, 47% are located in smaller apartment complexes with less than 50 units, and 29% 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.