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Otsego, MN Homes for Rent

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  • /23

    Starting at $1,530 Plus Fees

    • 1 - 3 Beds

    7701 River Rd NE, Otsego, MN 55330

    Filled with charm and conveniences, our apartments for rent will make you forget you are at home and not on vacation. Prepare to be impressed upon your visit to our pet-friendly community where carefree living means more time spent on your needs. Our modern, luxury apartments offer all of the energy of a vibrant urban community while maintaining the calm serenity of an inviting

    Rivers Edge Apartments

    7701 River Rd NE, Otsego, MN 55330
  • /64

    Starting at $1,880

    Total Monthly Price

    • 1 Bed

    633 Main St NW, Elk River, MN 55330

    If you are in search of exceptional apartment living with luxurious amenities in a superb location, we welcome you to learn more about Granite Shores.Located on the beautiful Mississippi River in Elk River, MN, Granite Shores is convenient to both St. Cloud and Maple Grove. Our controlled access community has living space with options that include over-sized granite countertops, stainless

    Granite Shores

    633 Main St NW, Elk River, MN 55330
  • /18

    $3,291

    Total Monthly Price

    • 5 Beds
    • 3 Baths
    • 2,209 Sq Ft
    • House for Rent

    7535 Lannon Ave NE, Otsego, MN 55301

    This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 5 bedrooms, 3.0 bathrooms, and approximately 2,209 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental

    7535 Lannon Ave NE, Otsego, MN 55301
  • /20

    $3,151

    Total Monthly Price

    • 4 Beds
    • 3 Baths
    • 2,630 Sq Ft
    • House for Rent

    15691 79th St NE, Otsego, MN 55330

    This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 4 bedrooms, 3.0 bathrooms, and approximately 2,630 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental

    15691 79th St NE, Otsego, MN 55330
  • /20

    $2,650 Plus Fees

    • 3 Beds
    • 3 Baths
    • 1,810 Sq Ft
    • Townhouse for Rent

    15569 87th Ln, Otsego, MN 55330

    Property Id: 1489082Experience upscale townhome living designed for comfort, natural light, and an effortless lifestyle. Boasting a family-friendly design nestled in the scenic greens of the Parrish Meadows community, this home offers the perfect "country meets metro" lifestyle.PREMIUM FEATURES -- Artistic Private Unit with natural light from large windows, privacy blinds,

    15569 87th Ln, Otsego, MN 55330
  • /28

    $1,895

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 927 Sq Ft
    • Condo for Rent

    16190 71st Ln NE, Otsego, MN 55330

    2 Bedroom Townhome in Prime Otsego Location!Welcome home to this beautiful 2-bedroom, 1.5-bath townhome located in the heart of Otsego! Enjoy the perfect combination of comfort, convenience, and low-maintenance living in one of the area's most desirable communities.This well-maintained home features a main floor with a spacious living room, dining area, and kitchen, providing

    16190 71st Ln NE, Otsego, MN 55330
  • /32

    $2,600

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,546 Sq Ft
    • House for Rent

    9214 Kaiser Cir NE, Otsego, MN 55362

    Beautiful 2-bedroom, 2-bath detached townhome in the desirable Riverwood National community. This well-maintained 1,546 sq ft home features single-level living, an open floor plan, abundant natural light, a modern kitchen, and an attached 2-car garage. The home comes fully furnished, making it move-in ready from day one.Located on a quiet cul-de-sac near Riverwood National Golf Course,

    9214 Kaiser Cir NE, Otsego, MN 55362
  • /9

    $3,200 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,074 Sq Ft
    • House for Rent

    7625 Palmgren St NE, Elk River, MN 55330

    This beautifully maintained home blends modern style with everyday comfort and functionality. The open-concept main level is designed for gathering and entertaining, featuring a spacious living room with a cozy gas fireplace, an informal dining area that opens to a large deck with a built-in grill and bar, and a thoughtfully designed kitchen with a center island and stainless steel appliances. A

    Charles Chesumbai Southbridge Realty LLC

    7625 Palmgren St NE, Elk River, MN 55330
  • /18

    $2,599

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,733 Sq Ft
    • Modern 3BR/2.5BA Townhome in Prime Otsego Location for $2,599!

    17431 54th St NE, Otsego, MN 55374

    Welcome to 17431 54th St NE—where modern style meets everyday comfort in the heart of Otsego! This beautifully maintained 3-bedroom, 2.5-bath townhome offers 1,733 square feet of thoughtfully designed space with an open layout, high-end finishes, and an unbeatable location in the sought-after Riverplace community. Built in 2019, everything still feels fresh, clean, and move-in ready—so all you

    17431 54th St NE, Otsego, MN 55374
  • /16

    $2,295

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,600 Sq Ft
    • Enjoy where you rent! 3bd 3ba 2car garage townhome available now

    6044 Manchester Ave NE, Otsego, MN 55301

    Awesome Neighborhood!new in 2024 and in excellent condition:3 bedroom3 bath2 car attached garage$2,295.00/month rent plus utilities$2,344.00 Depositpet allowed but some restrictions apply & $500.00 pet deposit and $35.00 monthly pet fee*Advertised price assumes basic maintenance agreement in which tenant is responsible for: light bulbs, furnace filters, batteries,

    6044 Manchester Ave NE, Otsego, MN 55301

Why Live in Otsego

Otsego, Minnesota has seen significant population growth since 2000, attracting families with its proximity to the Twin Cities and St. Cloud. The city is ranked as the third-best place to live in Wright County and has highly rated schools, including Prairie View Elementary School, Prairie View Middle, and Rogers Senior High. Housing options range from two-bedroom townhouses and ranch-style homes to newly constructed single-family homes with spacious lawns and garages. Architectural styles often feature bungalow or arts-and-crafts elements. Otsego's commercial district along Parish Avenue includes Coborn’s Grocery, Target, and Aldi, with dining options like Rockwoods Restaurant, Pour Wine Bar and Bistro, and Boondox Bar and Grille. For things to do, residents can enjoy Wright County-Otsego Regional Park for canoeing along the Mississippi River, Prairie Park with its skate park and archery range, and Beaudry Meadows Park with ball courts and trails. Community events are frequent, with active participation from the local Lion’s Club and seasonal festivals such as summer farmer’s markets and the Otsego Prairie Car Show. The city’s trail system encourages walking and biking, fostering a connected community atmosphere.

Frequently Asked Questions

How much does it cost to rent a home in Otsego, MN?
The median rent for a home in Otsego, MN is $2,624 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Otsego, MN?
To comfortably afford the median rent in Otsego, MN, a household needs to earn roughly $104,960 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,624 per month in Otsego, MN, renters typically need to show $7,872 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Otsego, MN?
In Otsego, MN, the price-to-rent ratio is 15.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$2,624
Median Single Family Home Rent
$2,725
Median Townhouse Rent
$2,599
How to Rent a Home