Cheap Apartments for Rent in Payne, OH from $500 (26 Rentals)

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Cheap Apartments in Payne.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Montrose Square
Studio to 2 Bedroom Apartments

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
  • Utilities Included
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Partridge Place
2 Bedroom Apartments

Partridge Place

400 Partridge Place DrPaulding, OH 45879
  • Utilities Included

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Payne, OH Local Guide

Cheapest Available Payne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Payne, OH is a 3 Beds unit found at Yugo Fort Wayne Arch in the Northeast Fort Wayne neighborhood priced from $549. The Meridian (Waterloo Gardens) in the Southeast Fort Wayne 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 Payne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yugo Fort Wayne Arch3 Bed, 3 Bath Plus3BR,3BA$549
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$550
Villa Capri ApartmentsPrato1BR,1BA$589
Apple Glen1 Bedroom Unit1BR,1BA$605
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
The Huntington1 Bed, 1 bath1BR,1BA$665
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$675
Wood Creek ApartmentsThe Willow1BR,1BA$699
Fountain Lake Apartment HomesRoselleStudio,1BA$720
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$759

Best Value Apartments for Rent in Payne, OH and Nearby

As of May 03, 2025 the best value apartment in the Payne area is the $0.75 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,599. The second greatest value Payne apartment is the Townhomes Model at Evard Place - Solar Powered starting at $2,000 with a $1.05 price per square foot in the Northeast 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.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.75
Evard Place - Solar PoweredTownhomes3BR,2.5BA$1.05
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.13
CANTERBURY GREENStratford2BR,2BA$1.04
Yugo Fort Wayne Arch2 Bed, 2 Bath Plus2BR,2BA$0.66
St Joe Place2x22BR,2BA$0.80
Villa Capri ApartmentsPrato1BR,1BA$0.81
Apple Glen1 Bedroom Unit1BR,1BA$0.90
Emerald Square Apartments & Villas1 Bedroom A1BR,1BA$1.04
Wood Creek ApartmentsThe Willow1BR,1BA$1.17

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Location, Location, Location!

Explore Payne, OH Rentals by Map

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See the most popular apartments and homes in Payne, OH

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Getting Around Payne, OH

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Payne Apartments

What is the Cheapest Studio apartment in Payne?

Currently the most affordable Cheap Studio Apartment in Payne is at Shoaff Park Villas listed at $645.

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

The lowest price for a Cheap One Bedroom Payne Apartment is $550 at The Meridian (Waterloo Gardens).

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 $619 at Yugo Fort Wayne Arch.

What is the most affordable Payne Three Bedroom Apartment?

The best deal on a cheap Payne Three Bedroom Apartment rental is at Yugo Fort Wayne Arch and starts from $549.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.