
Cheap Homes for Rent in Paw Paw, IL from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Paw Paw.


15226 Creek Rd

908 Greenbrier Rd

205 Sandra Ave
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.

351 Chicago Rd

230 Creve Coeur St

537 1/2 Bucklin St

704 W Superior St
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.

800 Ave B
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 | $1,707 | $875 | $2,900 |
| Paw Paw 3 Bedroom Homes for Rent | $2,399 | $1,595 | $3,500 |
| Paw Paw 4 Bedroom Homes for Rent | $2,618 | $1,925 | $3,600 |
| Paw Paw 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Terraces at Dekalb | Russell Road Studio | Studio,1BA | $725 |
| University Heights Apartments | St | Studio,1BA | $780 |
| The Terraces at Dekalb on Ridge Drive | Ridge Drive 1 Bed | 1BR,1BA | $825 |
Best Value Apartments for Rent in Paw Paw, IL and Nearby
As of January 27, 2026 the best value apartment in the Paw Paw area is the $1.18 price per square foot 2E Model at York Meadow in the in the Whispering Meadows neighborhood starting from $2,200. The second greatest value Paw Paw apartment is the Barrington Plaza Realty.. Model at Barrington Plaza Realty starting at $1,650 with a $0.98 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| York Meadow | 2E | 3BR,2BA | $1.18 |
| Barrington Plaza Realty | Barrington Plaza Realty.. | 5BR,2BA | $0.98 |
| Amber Manor | 3 Bedroom Two Bathroom | 3BR,2BA | $1.12 |
| St. Albans Greens Townhouses and Apartments | 2 Bedrooom TH NEW | 2BR,2BA | $1.49 |
| Cortland Estates | Three Bedroom | 3BR,2BA | $1.33 |
| Lincolnshire West | 2bu | 2BR,1.5BA | $1.71 |
| Eco Park | 2 | 2BR,2BA | $1.69 |
| The Terraces at Dekalb | Lincoln Hwy 1 Bed | 1BR,1BA | $1.95 |
| University Heights Apartments | St | Studio ,1BA | $1.80 |
| University Plaza Apartments | A1 Floor Plan | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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 39 Apartments for Rent in Paw Paw, IL with pricing that ranges from $450 to $2,500. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paw Paw ranging from $650 to $3,600.
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 $3,600 with an average monthly rent of $1,902.
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 $789 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,925 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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.