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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

    Welcome to Rivers Edge Apartments, a modern community set along Highway 101 in Otsego, Minnesota. Here you will find one, two, and three-bedroom apartments designed for comfortable, contemporary living. Each home blends thoughtful finishes with an easygoing suburban setting just northwest of the Twin Cities.

    Rivers Edge Apartments

    7701 River Rd NE, Otsego, MN 55330
  • /87

    Starting at $1,955

    Total Monthly Price

    • 1 - 2 Beds

    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
  • /48

    Starting at $1,650 Plus Fees

    • 1 - 2 Beds

    15667 88th St NE, Otsego, MN 55330

    Conveniently located near 101 & Highway 10 close to Albertville/St. Michael/Elk River/Monticello. 1 bedroom/ 1 bath apartment & 2 bedroom/2 bath apartment with open concept living area, individual heating/cooling system, in-unit washer/dryer, and covered balcony. Community room with public restroom and well-equipped fitness room.Animal Policy: $300 Non-refundable Pet Fee per cat, $400

    Parkview Grand Partners LLC

    15667 88th St NE, Otsego, MN 55330
  • /30

    $2,000

    Total Monthly Price

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

    7013 Quantrelle Ave NE, Otsego, MN 55330

    Charming 2 bed, 1.5 bath townhouse located just off highway 101 in Otsego MN. Only 5 minutes from Target and various restaurants, and directly next to Pointe Park playground. Open floor layout, laundry located on same floor as bedrooms, cozy gas fireplace in living room, windows on front and back of unit with patio and spacious grassy yard. Street level 1 car extra long garage with driveway and

    7013 Quantrelle Ave NE, Otsego, MN 55330
  • /19

    $2,811

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 2,572 Sq Ft
    • House for Rent

    12085 78th St NE, Otsego, MN 55330

    Coming soon - this home is currently being enjoyed by another resident but will be available soon. This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 3 bedrooms, 2.0 bathrooms, and approximately 2,572 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a

    12085 78th St NE, Otsego, MN 55330
  • /19

    $3,495 Per Month

    • 3 Beds
    • 2 Baths
    • 1,694 Sq Ft
    • House for Rent

    9149 Page Ave NE, Elk River, MN 55330

    SINGLE FAMILY HOME WITH 1.25 ACRES WITH ATTACHED 2 CAR GARAGE, 3BEDROOMS 2 BATHROOMS. LIGHT AND CLEAN HOME LOOKING FOR A 12 MONTH LEASE.

    Tom Fleetham Lakes Sotheby's International

    9149 Page Ave NE, Elk River, MN 55330
  • /8

    $2,295

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • House for Rent

    6130 Manchester Ave NE, Otsego, MN 55301

    Excellent Location, End Unit.Schedule a showing at: 3 bedroom3 bath2 car attached garage$2,295/month+ utilities$2,344.00 Depositpet allowed $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, water softener salt, etc.12+month lease

    6130 Manchester Ave NE, Otsego, MN 55301
  • /45

    $3,800 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,712 Sq Ft
    • House for Rent

    9249 Kaeding Ave NE, Otsego, MN 55362

    Custom built 2-story with walk-out lower level on Riverwood National Golf Course! Four bedrooms (3 on one level), 4 bathrooms, and heated 3-stall garage. Thoughtful main level floor plan with 2 living spaces (one with cozy gas-burning fireplace), open concept kitchen and dining space, powder room, and spacious mudroom with functional built-ins and closet. Kitchen features center island with

    Gabrielle McCullough Engel & Volkers Lake Minnetonka

    9249 Kaeding Ave NE, Otsego, MN 55362
  • /19

    $2,295

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,600 Sq Ft
    • Townhouse for Rent

    6138 Manchester Ave NE, Otsego, MN 55301

    Excellent Location!!Schedule a showing now: 3 bedroom3 bath2 car attached garage$2,295/month+ 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, water softener salt,

    6138 Manchester Ave NE, Otsego, MN 55301
  • /22

    $1,995

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,364 Sq Ft
    • Townhouse for Rent

    16055 71st St NE, Otsego, MN 55330

    IMPORTANT DETAILS BELOW – PLEASE READMOVE-IN AVAILABLE: NOWInviting 2 bed 2 bath Otsego townhome with two car garage. Open floor plan, newer carpet, stainless steel appliances, pantry, main level bathroom. Vaulted primary bed with walk-through to bath and a walk-in closet. Loft space, front patio. Great Otsego location.One cat ok, no dogs.MINIMUM REQUIREMENTS TO LEASE,

    16055 71st St NE, Otsego, MN 55330
  • /26

    $2,300

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,550 Sq Ft
    • House for Rent

    7645 Lachman Ave NE, Otsego, MN 55301

    Another great listing from Erica at FUZE RE! This spacious end unit 3BR/2.5BA townhome features a 3 season porch, Lots of greenspace, Vaulted ceilings, Fireplace, Eat in Kitchen and more! Close to parks, trails, shopping, Albertville Outlet Mall and dining.Tenant responsible for all utilities. Lawncare and Snow removal is included! Pets considered on case by case basis with $500 deposit and

    7645 Lachman 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 $3,800 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.
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 $152,000 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 $3,800 per month in Otsego, MN, renters typically need to show $11,400 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 10.5, 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
11
Median Rent
$3,800
Median Single Family Home Rent
$3,300
How to Rent a Home