
Cheap Homes for Rent near Paw Paw, IL from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Paw Paw.


407 6th St

826 N Spalding St

118 E Canal St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1823 9th St

201 24th Ave

630 Bucklin St

555 N Strack St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Paw Paw, IL Local Guide

How much does it cost to rent a home in Paw Paw?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paw Paw 2 Bedroom Homes for Rent | $1,557 | $1,000 | $2,350 |
| Paw Paw 3 Bedroom Homes for Rent | $2,597 | $1,850 | $4,000 |
| Paw Paw 4 Bedroom Homes for Rent | $2,350 | $1,500 | $3,500 |
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Paw Paw, IL Local Guide
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Cheapest Available Paw Paw Apartments for Rent and Nearby
 The cheapest available apartment rental in Paw Paw, IL is a Studio unit found at Amber Manor in the Dekalb neighborhood priced from $629. The Terraces at Dekalb on Hillcrest Drive in the Dekalb neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Paw Paw apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amber Manor | Studio A 60% | Studio,1BA | $629 |
| The Terraces at Dekalb on Hillcrest Drive | Hillcrest Drive 1 Bed | 1BR,1BA | $825 |
| Varsity Square Apartments | Small Corner 1 Bedroom | 1BR,1BA | $928 |
Best Value Apartments for Rent in Paw Paw, IL and Nearby
As of July 31, 2026 the best value apartment in the Paw Paw area is the $0.93 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Dekalb neighborhood starting from $2,050. The second greatest value Paw Paw apartment is the 2BA Model at York Meadow starting at $2,200 with a $1.17 price per square foot in the Whispering Meadows neighborhood. Here is today’s list of the best values for Paw Paw apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mason Townhouse Suites | 4 TH | 4BR,3BA | $0.93 |
| York Meadow | 2BA | 3BR,2BA | $1.17 |
| Cortland Estates | Two Bedroom | 2BR,1BA | $1.62 |
| Yorkville Apartments | B | 2BR,1BA | $1.82 |
| Ashbury Court | 2B | 2BR,1BA | $1.30 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1.43 |
| Countryside Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.86 |
| Varsity Square Apartments | Small Corner 1 Bedroom | 1BR,1BA | $1.75 |
| The Terraces at Dekalb on Hillcrest Drive | Hillcrest Drive 1 Bed | 1BR,1BA | $2.06 |
| Amber Manor | Studio A 60% | Studio ,1BA | $3.08 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Paw Paw
What type of rentals are currently available in Paw Paw?
There are currently 42 Apartments for Rent in Paw Paw, IL with pricing that ranges from $600 to $2,500. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paw Paw ranging from $650 to $4,000.
What is the current price range for Rental Homes in Paw Paw?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paw Paw ranges from $650 to $4,000 with an average monthly rent of $2,112.
How much are larger Three and Four Bedroom Rentals in Paw Paw?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Paw Paw range from $1,070 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,295.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.