Cheap Apartments for Rent in Paxton, IN from $300 (31 Rentals)

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

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.

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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.

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Cash 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.

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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included
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Newton Senior Housing
1 to 2 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included

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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Ironton at Shoals
Studio to 2 Bedroom Apartments

Ironton at Shoals

11708 Ironton RdShoals, IN 47581
  • Utilities Included
Showing Results 1-31, Page 1 of 1

Paxton, IN Local Guide

Cheapest Available Paxton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paxton, IN is a Studio unit found at Lakewood Apartments priced from $550. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Paxton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood ApartmentsStudioStudio,1BA$550
Union Pointe1 Bedroom1BR,2BA$550
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$700
Winston Terrace1BR/1BA1BR,1BA$725
Riverside Apartments2 Bedroom2BR,1BA$750
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$785
Willow CrossingsPhase I - Executive 1 Bed 1 Bath1BR,1BA$790
Elmdale Apartments1 bed 1 bath1BR,1BA$800
Center City ApartmentsCity Center 21BR,1BA$800

Best Value Apartments for Rent in Paxton, IN and Nearby

As of October 25, 2025 the best value apartment in the Paxton area is the $1.16 price per square foot Single Family Home Model at Sullivan Downtown Townhomes in the starting from $1,598. The second greatest value Paxton apartment is the 2x2 Model at Arbors at Honey Creek starting at $1,012 with a $0.94 price per square foot in the Downtown Terre Haute neighborhood. 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.
Sullivan Downtown TownhomesSingle Family Home3BR,2.5BA$1.16
Arbors at Honey Creek2x22BR,2BA$0.94
KINGSTON RIDGE APARTMENTS2 Bedroom 1.5 Bathroom - Townhome2BR,1.5BA$0.97
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$1.11
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$0.94
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.09
Riverside Apartments2 Bedroom2BR,1BA$1.07
Ironton at Shoals1 Beds, 1 Baths1BR,1BA$1.08
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Union Pointe1 Bedroom1BR,2BA$0.92

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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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.

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

Explore Paxton, IN Rentals by Map

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Frequently Asked Questions about Cheap Paxton Apartments

What is the Cheapest Studio apartment in Paxton?

Currently the most affordable Cheap Studio Apartment in Paxton is at Lakewood Apartments listed at $550.

How much is rent for a Cheap One Bedroom Paxton Apartment?

The lowest price for a Cheap One Bedroom Paxton Apartment is $550 at Union Pointe.

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 $750 at Riverside Apartments.

What is the most affordable Paxton Three Bedroom Apartment?

The best deal on a cheap Paxton Three Bedroom Apartment rental is at Arbors at Honey Creek and starts from $938.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.