Otsego, MN Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Otsego is $1,827, a 5.85% increase compared to the previous year, when the average rent was $1,726.
One-bedroom apartments provide 824 square feet for $1,656, balancing privacy and affordability.
Two-beedroom units at $1,993 offer 1,094 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,409 sq ft) for $2,462, suitable for larger households.
Average rent in Otsego, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,827 | 959 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,656 | 824 sq. ft. |
| 2 Beds | $1,993 | 1,094 sq. ft. |
| 3 Beds | $2,462 | 1,409 sq. ft. |
Otsego, MN rent trends
Rental prices in Otsego, MN have increased by 5.85% over the past year. The average rent moved from $1,726 to $1,827.
What's the typical rent budget in Otsego, MN?
The largest share of rentals in Otsego, MN (61%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Otsego, MN?
621 or 9% of the households in Otsego, MN are renter-occupied while 6,453 or 91% are owner-occupied.
How Otsego Compares to Other Cities
| City | Average Rent |
|---|---|
| Otsego | $1,827 |
| Minneapolis | $1,674 |
| St. Paul | $1,512 |
| Moorhead | $1,074 |
| Rochester | $1,651 |
| Bloomington | $1,652 |
| St. Cloud | $1,155 |
| Mankato | $1,392 |
| St. Louis Park | $1,780 |
| Edina | $1,841 |
| Minnetonka | $1,923 |
| Plymouth, MN | $1,685 |
| Coon Rapids | $1,451 |
| Maple Grove, MN | $2,170 |
| Brooklyn Park, MN | $1,335 |
| Fridley, MN | $1,450 |
| Blaine, MN | $1,681 |
| Brooklyn Center, MN | $1,317 |
| Anoka, MN | $1,374 |
| New Hope, MN | $1,329 |
| Buffalo, MN | $1,360 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Otsego apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.