Cheap Apartments for Rent in Paw Paw, IL from $400 (27 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-27, Page 1 of 1

Paw Paw, IL Local Guide

Cheapest Available Paw Paw Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paw Paw, IL is a Studio unit found at Ashbury Court in the Devonaire Farms neighborhood priced from $815. Willis Senior Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here is today’s list of the most affordable Paw Paw apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ashbury CourtSTStudio,1BA$815
Willis Senior Lofts1 Bedroom - Subsidized1BR,1BA$839
103 W Railroad St1 Bed, 1 bath1BR,1BA$850
The Terraces at DekalbLincoln Hwy 1 Bed1BR,1BA$925
Hunter Star PropertiesHunter Star - 2 Bed 2 Bath2BR,2BA$1,175
Eco Park33BR,2BA$1,290
Isaac Executive SuitesJunior One BedroomStudio,1BA$1,400
City Hall Suites1 BD | 1 BA1BR,1BA$1,400
Countryside Village Apartments1 Bed, 1 bath1BR,1BA$1,578

Best Value Apartments for Rent in Paw Paw, IL and Nearby

As of May 02, 2026 the best value apartment in the Paw Paw area is the $1.02 price per square foot 2 Bedroom One Bathroom Model at Amber Manor in the in the Devonaire Farms neighborhood starting from $1,009. The second greatest value Paw Paw apartment is the 3 Model at Eco Park starting at $1,290 with a $1.32 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Paw Paw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Amber Manor2 Bedroom One Bathroom2BR,1BA$1.02
Eco Park33BR,2BA$1.32
316 Chicago Rd, Unit 1316 Chicago Rd1BR,1BA$1.19
Willis Senior Lofts1 Bedroom - Subsidized1BR,1BA$1.24
Countryside Village Apartments1 Bed, 1 bath1BR,1BA$2.86
Ashbury CourtSTStudio ,1BA$1.98
University Plaza ApartmentsA1 Floor Plan1BR,1BA$3.15

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Paw Paw Apartments

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

The lowest price for a Cheap One Bedroom Paw Paw Apartment is $839 at Willis Senior Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Paw Paw is starting from $1,009 at Amber Manor.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.