Cheap Apartments for Rent in Paw Paw, IL from $400 (21 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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property at 1321 Maple Dr

$800

1 Bedroom, 1 Bath Home for Rent

Available Now

1321 Maple Dr

PeruIL61354
property at 1320 Maple Dr

$900

2 Bedroom, 1 Bath Home for Rent

Available Now

1320 Maple Dr

PeruIL61354

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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Showing Results 1-21, 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 University Heights Apartments in the Devonaire Farms neighborhood priced from $780. Ashbury Court in the Devonaire Farms neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. Here is today’s list of the most affordable Paw Paw apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Heights ApartmentsStStudio,1BA$780
Ashbury Court2B2BR,1BA$1,075
Lincolnshire West2gu2BR,1BA$1,185
Isaac Executive SuitesJunior One BedroomStudio,1BA$1,400
City Hall Suites1 BD | 1 BA1BR,1BA$1,400

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

As of June 16, 2026 the best value apartment in the Paw Paw area is the $0.98 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Devonaire Farms neighborhood starting from $2,150. The second greatest value Paw Paw apartment is the 2gu Model at Lincolnshire West starting at $1,185 with a $1.39 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.
Mason Townhouse Suites4 TH4BR,3BA$0.98
Lincolnshire West2gu2BR,1.5BA$1.39
Ashbury Court2B2BR,1BA$1.30
Countryside Village Apartments1 Bed, 1 bath1BR,1BA$2.86
University Heights ApartmentsStStudio ,1BA$1.80
University Plaza ApartmentsA1 Floor Plan1BR,1BA$3.15

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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 $825 at The Terraces at Dekalb on Hillcrest 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 $1,075 at Ashbury Court.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.