Rentometer, Inc. | Data as of 10/24/2025
Otsego’s rental market offers a balanced mix of modern apartments and spacious single‑family homes, making it an attractive destination for professionals, families, and students alike. One‑bedroom apartments generally fall in the $1600s, while two‑bedroom units are commonly found in the $1900‑$2000 range, providing comfortable options for those seeking convenience and style. Larger apartments, including three‑bedroom layouts, typically rent in the $2300‑$2400 bracket, catering to roommates or growing households. For renters preferring a house, three‑bedroom homes are usually priced in the $2200s, and four‑plus‑bedroom properties often reach the $3000s, offering ample space for larger families or home‑based work environments.
Beyond its diverse housing inventory, Otsego boasts a vibrant community atmosphere enriched by nearby attractions such as the scenic Minnesota River, extensive bike‑trail networks, and the historic downtown district with charming cafes and boutique shops. Proximity to major employment centers in the Twin Cities makes commuting straightforward, while local parks and the well‑maintained Otsego Golf Club provide ample recreation opportunities. Whether you’re seeking a contemporary apartment close to amenities or a spacious house near nature and schools, Otsego’s rental landscape combines affordability, convenience, and a welcoming small‑city feel that appeals to a broad range of renters.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,640 | $1,665 | $1,450 - $1,810 | $1,500 - $1,775 |
| Apartment | 2 Bedroom | $1,952 | $1,995 | $1,650 - $2,195 | $1,800 - $2,095 |
| Apartment | 3 Bedroom | $2,381 | $2,350 | $2,095 - $2,700 | $2,095 - $2,700 |
| House | 3 Bedroom | $2,222 | $2,195 | $1,849 - $2,650 | $2,195 - $2,650 |
| House | 4+ Bedroom | $3,021 | $2,942 | $2,599 - $3,600 | $2,840 - $3,600 |
In the current period, the average rent in Otsego was $1,641 for 1 Bedroom, $1,953 for 2 Bedroom, $2,291 for 3 Bedroom, and $3,081 for 4+ Bedroom.
Data provided by Rentometer, Inc.