Cheap Apartments for Rent in Payne, OH from $500 (37 Rentals)

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Montrose Square
$702 - $1,547
Total Monthly Price

Total Monthly Price

Base Rent
$702 - $1,547
Total Monthly Price
$702 - $1,547
Studio to 2 Bedroom Apartments Available Aug 14

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
Affordability
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  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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Partridge Place
1 to 3 Bedroom Apartments

Partridge Place

400 Partridge Place DrPaulding, OH 45879
  • Utilities Included

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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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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Black Hawk Apartments
1 to 3 Bedroom Apartments

Black Hawk Apartments

3010 Simcoe DrFort Wayne, IN 46815
Corporate Housing
Showing Results 1-37, Page 1 of 1

Payne, OH Local Guide

Cheapest Available Payne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Payne, OH is a 1 Bed unit found at Villa Capri Apartments in the Continential Park neighborhood priced from $620. The Meridian (Waterloo Gardens) in the Southeast Fort Wayne neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here is today’s list of the most affordable Payne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$620
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat2BR,1BA$650
The Huntington1 Bed, 1 bath1BR,1BA$665
Partridge Place2 Bedroom Unit2BR,1BA$709
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Graystone ApartmentsGraystone Apartments 1bed studioStudio,1BA$790
Stratford PlaceBeautiful 1 bed 1 bath apartments in Stratford ...1BR,1BA$835
Emerald Square Villas2x1.5TH Classic2BR,1BA$859
Graystone Landing1 bedroom/1 bathroom1BR,1BA$900
Fountain Lake Apartment HomesBellagio2BR,1BA$964

Best Value Apartments for Rent in Payne, OH and Nearby

As of July 01, 2026 the best value apartment in the Payne area is the $1.05 price per square foot Townhomes Model at Evard Place - Solar Powered in the in the Northeast Fort Wayne neighborhood starting from $2,000. The second greatest value Payne apartment is the 4 Bedroom | Renovated Model at The Village at Wayne Trace Homes starting at $2,184 with a $1.21 price per square foot in the Southeast Fort Wayne neighborhood. Here is today’s list of the best values for Payne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Evard Place - Solar PoweredTownhomes3BR,2.5BA$1.05
The Village at Wayne Trace Homes4 Bedroom | Renovated4BR,2BA$1.21
Z Place Village TownhomesZ Place Village3BR,2.5BA$1.27
Canterbury GreenQueen Elizabeth 3Bed 2.5Bath 1310sqft3BR,2.5BA$1.24
Windsor OaksThe Hickory2BR,1BA$1.28
Partridge Place3 Bedroom Unit3BR,1.5BA$0.74
Emerald Square Villas2x1 Reno2BR,1BA$0.92
Fountain Lake Apartment HomesBuckingham2BR,1.5BA$1.03
St Joe Place2x22BR,2BA$0.80
Villa Capri ApartmentsPrato1BR,1BA$0.86

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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Real 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!

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Frequently Asked Questions about Cheap Payne Apartments

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

The lowest price for a Cheap One Bedroom Payne Apartment is $620 at Villa Capri Apartments.

What is the lowest price for a Cheap Two Bedroom Payne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Payne is starting from $650 at The Meridian (Waterloo Gardens).

What is the most affordable Payne Three Bedroom Apartment?

The best deal on a cheap Payne Three Bedroom Apartment rental is at Partridge Place and starts from $751.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.