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


202 S Lynn St

1320 McCullough St

802 W Hill 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.

804 W Hill St

309 Stewart St

904 N Broadway Ave

1904 Oliver Dr
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.
Paxton, IL Local Guide

How much does it cost to rent a home in Paxton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Paxton 2 Bedroom Homes for Rent | $1,163 | $775 | $1,640 |
Paxton 3 Bedroom Homes for Rent | $1,945 | $1,050 | $3,200 |
Paxton 4 Bedroom Homes for Rent | $1,922 | $1,594 | $2,250 |
Paxton 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Paxton 7 Bedroom Homes for Rent | $8,500 | $8,500 | $8,500 |
Browse Top Homes for Rent in Paxton
Explore Paxton
Paxton, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windcrest Apartments | Studio / 1 Bathroom | Studio,1BA | $615 |
Parker Glen | 3 Bedroom | 3BR,2BA | $680 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $810 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
South Pointe Commons | South Pointe 3bd/1.5ba Duplex w/ Carport & Base... | 3BR,1.5BA | $0.60 |
200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
Capstone Quarters | Three Bedroom Standar | 3BR,3BA | $0.40 |
Campus Circle Urbana | D2 | 4BR,4BA | $0.72 |
Timber Wolf and Cates Crossing | Timberwolf 3x2 B | 3BR,2BA | $1.45 |
Middletown Place Apartments | Aspen | 2BR,2BA | $1.44 |
Solace of Mahomet | 2 bedroom/2 bath (2.0) | 2BR,2BA | $1.47 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
Parker Glen | 1 Bedroom | 1BR,1BA | $1.49 |
The Quarters | 1x1 | 1BR,1BA | $1.58 |
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.
Frequently Asked Questions about Paxton
What type of rentals are currently available in Paxton?
There are currently 41 Apartments for Rent in Paxton, IL with pricing that ranges from $615 to $2,255. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paxton ranging from $670 to $8,500.
What is the current price range for Rental Homes in Paxton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paxton ranges from $670 to $8,500 with an average monthly rent of $2,783.
How much are larger Three and Four Bedroom Rentals in Paxton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Paxton range from $824 to $1,849, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,594 and Four Bedroom Apartments start at $959.
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.

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.

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.

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.

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.