Cheap Apartments for Rent in Paw Paw, IL from $400 (14 Rentals)

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

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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 The Terraces at Dekalb in the Devonaire Farms neighborhood priced from $725. University Heights Apartments in the Devonaire Farms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here is today’s list of the most affordable Paw Paw apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Terraces at DekalbRussell Road StudioStudio,1BA$725
University Heights ApartmentsStStudio,1BA$780
Ashbury CourtSTStudio,1BA$815
The Terraces at Dekalb on Ridge DriveRidge Drive 1 Bed1BR,1BA$825
Hunter Star PropertiesStudioStudio,1BA$825

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

As of October 29, 2025 the best value apartment in the Paw Paw area is the $0.98 price per square foot Barrington Plaza Realty.. Model at Barrington Plaza Realty in the in the Devonaire Farms neighborhood starting from $1,650. The second greatest value Paw Paw apartment is the 3 Bedroom Two Bathroom Model at Amber Manor starting at $1,324 with a $1.10 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.
Barrington Plaza RealtyBarrington Plaza Realty..5BR,2BA$0.98
Amber Manor3 Bedroom Two Bathroom3BR,2BA$1.10
Colonial Apartments3 TH3BR,1.5BA$1.20
Lincolnshire West2bu2BR,1.5BA$1.66
Varsity Square ApartmentsStudioStudio ,1BA$1.85
The Terraces at DekalbLincoln Hwy 1 Bed1BR,1BA$1.95
University Heights ApartmentsStStudio ,1BA$1.80
Ashbury CourtSTStudio ,1BA$1.98
University Plaza ApartmentsA1 Floor Plan1BR,1BA$3.06

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Getting Around Paw Paw, IL

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Paw Paw Apartments

What is the Cheapest Studio apartment in Paw Paw?

Currently the most affordable Cheap Studio Apartment in Paw Paw is at The Terraces at Dekalb listed at $725.

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

The lowest price for a Cheap One Bedroom Paw Paw Apartment is $825 at The Terraces at Dekalb on Ridge Drive.

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 $899 at University Plaza Apartments.

What is the most affordable Paw Paw Three Bedroom Apartment?

The best deal on a cheap Paw Paw Three Bedroom Apartment rental is at The Terraces at Dekalb and starts from $1,025.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.