Cheap Apartments for Rent in Payne, OH from $500 (27 Rentals)

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

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Montrose Square
Studio to 2 Bedroom Apartments

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
  • Utilities Included

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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Partridge Place
2 Bedroom Apartments

Partridge Place

400 Partridge Place DrPaulding, OH 45879
  • Utilities Included

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 $514. Emerald Square Apartments & Villas in the Southeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Payne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$514
Emerald Square Apartments & VillasStudio Hickory MillStudio,1BA$525
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Partridge Place2 Bedroom Unit2BR,1BA$650
The Huntington1 Bed, 1 bath1BR,1BA$665
The Meridian (Waterloo Gardens)Premium 1 BED | 1 BATH1BR,1BA$680
Apple Glen2 Bedroom Unit2BR,1BA$744
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$759
Graystone ApartmentsGraystone Apartments 1bed studio1BR,1BA$790
Stratford Place ApartmentsFind Your Perfect Space at Stratford Place — Fo...1BR,1BA$800

Best Value Apartments for Rent in Payne, OH and Nearby

As of June 26, 2025 the best value apartment in the Payne area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Payne apartment is the 2 Bedroom 2 Bath Model at Evard Place - Solar Powered starting at $1,600 with a $1.07 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$0.85
Evard Place - Solar Powered2 Bedroom 2 Bath2BR,2BA$1.07
Partridge Place2 Bedroom Unit2BR,1.5BA$0.67
Blackhawk ApartmentsWillow-Renovated2BR,1.5BA$1.23
Windsor OaksThe Cedar1BR,1BA$1.26
Apple Glen2 Bedroom Unit2BR,1BA$0.86
St Joe Place2x22BR,2BA$0.80
Villa Capri ApartmentsPrato1BR,1BA$0.71
Stratford Place ApartmentsFind Your Perfect Space at Stratford Place — Fo...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!

Explore Payne, OH Rentals by Map

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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

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 $525.

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

The lowest price for a Cheap One Bedroom Payne Apartment is $514 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 Partridge Place.

What is the most affordable Payne Three Bedroom Apartment?

The best deal on a cheap Payne Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $806.

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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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.

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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.

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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.

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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.