
Cheap Apartments for Rent near Paxton, IL from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Paxton.


Windcrest Apartments

Falcon Way Townhomes

Town Center Apartments

Meadowview Apartments - Mahomet

Golfview Village
Rent According to Income: A Look at Income-Restricted Rentals
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Westgate Apartments

Element on Main

Town & Country Apartments

Garden Court

Carisbrooke Apartments

101 5th 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.

123 E Attica St

409 E Campbell Ave

1088 Eastview Dr

West Liberty Point 1BR

106 N gregory

712 W Elm St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1605 N Willow Rd
Paxton, IL Local Guide

How much does it cost to rent an apartment in Paxton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paxton Studio Apartments | $1,047 | $650 | $1,359 |
| Paxton 1 Bedroom Apartments | $1,180 | $533 | $1,698 |
| Paxton 2 Bedroom Apartments | $1,397 | $599 | $2,345 |
| Paxton 3 Bedroom Apartments | $1,400 | $738 | $2,350 |
| Paxton 4 Bedroom Apartments | $1,264 | $637 | $2,700 |
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Paxton, IL Local Guide
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Cheapest Available Paxton Apartments for Rent and Nearby
 The cheapest available apartment rental in Paxton, IL is a 1 Bed unit found at Parker Glen priced from $533. West Liberty Point 1BR has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Paxton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 1Bdrm | 1BR,1BA | $533 |
| West Liberty Point 1BR | West Liberty Point 1BR - West... | 1BR,1BA | $725 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| Falcon Way Townhomes | Two Bedroom Townhome | 2BR,1BA | $821 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $830 |
Best Value Apartments for Rent in Paxton, IL and Nearby
As of July 29, 2026 the best value apartment in the Paxton area is the $0.60 price per square foot D1 Model at Campus Circle Urbana in the in the Downtown Champaign neighborhood starting from $839. The second greatest value Paxton apartment is the The Erving Model at Nantucket Cove Apartments starting at $1,579 with a $1.28 price per square foot . Here is today’s list of the best values for Paxton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Campus Circle Urbana | D1 | 4BR,4BA | $0.60 |
| Nantucket Cove Apartments | The Erving | 3BR,3BA | $1.28 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $0.70 |
| Watersedge | Atlantic-Level 2 | 2BR,2BA | $1.30 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.65 |
| South Pointe Commons | South Pointe 3bd/1.5ba Townhouse | 3BR,1.5BA | $0.89 |
| Prairieview Rd 307 North | The Mahomet Life | 2BR,1BA | $1.20 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
| Falcon Way Townhomes | Two Bedroom Townhome | 2BR,1BA | $1.03 |
| Parker Glen | 1Bdrm | 1BR,1BA | $0.72 |
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!
Explore Paxton, IL Rentals by Map
See the most popular apartments and homes in Paxton, IL
Frequently Asked Questions about Cheap Paxton Apartments
How much is rent for a Cheap One Bedroom Paxton Apartment?
The lowest price for a Cheap One Bedroom Paxton Apartment is $533 at Parker Glen.
What is the lowest price for a Cheap Two Bedroom Paxton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Paxton is starting from $821 at Falcon Way Townhomes.
What is the most affordable Paxton Three Bedroom Apartment?
The best deal on a cheap Paxton Three Bedroom Apartment rental is at Town Center Apartments and starts from $830.
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.

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.

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.