Cheap Apartments for Rent in Paxton, IL from $500 (20 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Parker Glen
1 to 3 Bedroom Apartments

Parker Glen

2501 N Neil StChampaign, IL 61820

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Willow Springs
2 Bedroom Apartments

Willow Springs

1606 Willow View RdUrbana, IL 61802
Furnished
  • Utilities Included

Paxton, IL Local Guide

Cheapest Available Paxton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paxton, IL is a Studio unit found at Windcrest Apartments in the Downtown Champaign neighborhood priced from $615. Parker Glen has the second lowest priced unit, which is a 3 Beds apartment currently listed from $680. Here is today’s list of the most affordable Paxton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windcrest ApartmentsStudio / 1 BathroomStudio,1BA$615
Parker Glen3 Bedroom3BR,2BA$680
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$810
Town & Country ApartmentsCamden1BR,1BA$923
Eastland ApartmentsStudio ApartmentStudio,1BA$950

Best Value Apartments for Rent in Paxton, IL and Nearby

As of June 19, 2025 the best value apartment in the Paxton area is the $0.60 price per square foot South Pointe 3bd/1.5ba Duplex w/ Carport & Base... Model at South Pointe Commons in the starting from $1,062. The second greatest value Paxton apartment is the 2 Bedroom/2.5 bath Model at 200 Vine St starting at $1,675 with a $1.07 price per square foot . Here is today’s list of the best values for Paxton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Pointe CommonsSouth Pointe 3bd/1.5ba Duplex w/ Carport & Base...3BR,1.5BA$0.60
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Capstone QuartersThree Bedroom Standar3BR,3BA$0.40
Campus Circle UrbanaD24BR,4BA$0.72
Timber Wolf and Cates CrossingTimberwolf 3x2 B3BR,2BA$1.45
Middletown Place ApartmentsAspen2BR,2BA$1.44
Solace of Mahomet2 bedroom/2 bath (2.0)2BR,2BA$1.47
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$0.99
Parker Glen1 Bedroom1BR,1BA$1.49
The Quarters1x11BR,1BA$1.58

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Paxton, IL Rentals by Map

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Getting Around Paxton, IL

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $775 at Windcrest Apartments.

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 $810 at Meadowview Apartments - Mahomet.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.