Rivers Edge Apartments
7701 River Rd NE,
Otsego, MN 55330
$1,430 - $2,095 | 1-3 Beds
Otsego
Otsego, MN
Area Guide
One of Minneapolis’ most affordable suburbs
River
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Affordable
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Great Schools
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Shopping
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Family-Friendly
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Bordering the Mississippi River, about 30 minutes northwest of Minneapolis, Otsego balances the beauty of suburban and rural life. The area is mainly residential with large stretches of green space and farmlands separating neighborhoods and commercial areas. With over 15 parks in town, outdoor recreation is very popular. You can find locals having photoshoots or picnics by the river at scenic Otsego Regional Park, ice skating at Prairie Park, or spending at day out on the green at one of the many golf clubs in town.
Otsego attracts all ages, but is especially popular with families. The area is affordable and the schools are excellent. Although many parts of the town feel pastoral and secluded, residents can still enjoy the pleasures of suburbia with a plenty of amenities nearby. Albertville Premium Outlets rests right outside the border of the town, offering stores from big national brands and luxury designers. The town is quiet for the majority of the year, but the community comes together for the Otsego Prairie and Car Show, a classic festival with live music, fireworks, a bounce house, petting zoo, laser tag, and more. If you’re looking for an escape from the fast pace of the city, Otsego can certainly be your oasis.
Rent Trends
As of March 2025, the average apartment rent in Otsego, MN is $1,495 for one bedroom, $1,947 for two bedrooms, and $2,123 for three bedrooms. Apartment rent in Otsego has decreased by -0.6% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,495/month
823 Sq Ft
Transportation
22
Car-Dependent
out of 100 WalkScore® Rating
Walking is difficult in this neighborhood, which is considered a car-dependent area.
37
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Prairie View Elementary & Middle
Public
Grades K-4
675 Students
8
Public
Grades K-4
563 Students
7
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Oliver Kelley Farm
- Crow-Hassan Park Reserve
- Mississippi West Regional Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.