Cheap Apartments for Rent in Payne, OH from $500 (24 Rentals)

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

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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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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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Partridge Place
1 to 3 Bedroom Apartments

Partridge Place

400 Partridge Place DrPaulding, OH 45879
  • Utilities Included
Showing Results 1-24, 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 Studio unit found at Emerald Square Apartments & Villas in the Southeast Fort Wayne neighborhood priced from $549. Villa Capri Apartments in the Continential Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Payne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$549
Villa Capri ApartmentsPrato1BR,1BA$620
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$755

Best Value Apartments for Rent in Payne, OH and Nearby

As of September 09, 2025 the best value apartment in the Payne area is the $1.12 price per square foot 7819 Model at 7819 Stellhorn Rd in the in the Northeast Fort Wayne neighborhood starting from $1,450. The second greatest value Payne apartment is the The Willow Model at OAK CROSSING starting at $1,533 with a $1.28 price per square foot in the River Cove 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.
7819 Stellhorn Rd78192BR,2BA$1.12
OAK CROSSINGThe Willow2BR,2BA$1.28
Windsor OaksThe Hickory2BR,1BA$1.28
Partridge Place3 Bedroom Unit3BR,1.5BA$0.75
St Joe Place2x22BR,2BA$0.80
CANTERBURY GREENWestgate1BR,1BA$1.21
Villa Capri ApartmentsPrato1BR,1BA$0.86
Fountain Lake Apartment HomesVersailles1BR,1BA$1.13
Stratford Place ApartmentsYour New Home Awaits — One Month FREE at Stratf...1BR,1BA$1.29
The Huntington1 Bed, 1 bath1BR,1BA$1.28

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

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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 Emerald Square Apartments & Villas listed at $549.

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 $739 at Villa Capri Apartments.

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 $761.

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.