Cheap Apartments for Rent in Payson, IL from $300 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in Payson.

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Payson, IL Local Guide

Cheapest Available Payson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Payson, IL is a Studio unit found at Macomb Rentals priced from $390. 1500 N Carolina St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Payson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
1500 N Carolina St2X22BR,2BA$700
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$1,400

Best Value Apartments for Rent in Payson, IL and Nearby

As of April 28, 2025 the best value apartment in the Payson area is the $0.90 price per square foot Three Beds Two Baths Model at Emerson Garden Apartments in the starting from $1,400. The second greatest value Payson apartment is the 320 N Sherman Ave Model at 320 N Sherman Ave, Unit 3 starting at $753 with a $0.68 price per square foot . Here is today’s list of the best values for Payson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$0.90
320 N Sherman Ave, Unit 3320 N Sherman Ave1BR,1BA$0.68
1500 N Carolina St2X22BR,2BA$0.78
329 S Lafayette St, Unit 3329 S Lafayette St2BR,1BA$1.00
404 W Adams St, Unit Main East - 2404 W Adams St1BR,1BA$1.00
835 Kentucky St, Unit Long Term835 Kentucky St2BR,1BA$1.83

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Location, Location, Location!

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Getting Around Payson, IL

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Payson Apartments

How much is rent for a Cheap One Bedroom Payson Apartment?

The lowest price for a Cheap One Bedroom Payson Apartment is $510 at Macomb Rentals.

What is the lowest price for a Cheap Two Bedroom Payson Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Payson is starting from $450 at Macomb Rentals.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.