2

Otego, NY Condos for Rent

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  • /7

    $1,450 Per Month

    • Studio
    • 1 Bath
    • 1,300 Sq Ft
    • Condo for Rent

    390 Main St Unit 2, Otego, NY 13825

    Property Id: 2571069Located in the heart of Otego. This beautiful accommodation is great for traveling professionals new to the area. Ideal space for Traveling healthcare workers

    (607) 601-1972

    390 Main St Unit 2, Otego, NY 13825
  • /8

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    390 Main St Unit 1, Otego, NY 13825

    Property Id: 2220157Quiet and quaintly positioned in the village of Otego. 15 Minutes to downtown Oneonta and around a half hour to nearby Hospitals. Fully furnished! We are looking for Professionals in the healthcare Industry that need furnished housing and enjoy peaceful serenity while they aren't working. A quiet place to stay with all the amenities included.

    (607) 601-1661

    390 Main St Unit 1, Otego, NY 13825

Frequently Asked Questions

How much does it cost to rent a condo in Otego, NY?
The median rent for a condo in Otego, NY is $1,475 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Otego, NY?
To comfortably afford the median rent in Otego, NY, a household needs to earn roughly $60,000 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 $1,500 per month in Otego, NY, renters typically need to show $4,500 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 Otego, NY?
In Otego, NY, the price-to-rent ratio is 11.8, 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.

Condo Rental Trends in Otego, NY

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,475
Median 1 Bedroom Condo Rent
$1,500
How to Rent a Home