
Cheap Apartments for Rent in Payne, OH from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Payne.


Emerald Square Apartments & Villas

Lake Forest Apartments
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.

Shoaff Park Villas

The Meridian (Waterloo Gardens)

Port O'Call Apartments

Graystone Apartments

Stratford Place Apartments

Blackhawk Apartments

Arbor Lakes Apartments
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.

CANTERBURY GREEN

Graystone Landing

Wood Creek Apartments
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.

Golfview Apartments

Fountain Lake Apartment Homes

Community at Triangle Park

342 Lincoln Hwy E

17425 IN-37

2329 Barnhart Ave
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.

Anthony Wayne Villas and Flats

Adam & Bruce Senior Housing Apartments
Payne, OH Local Guide

How much does it cost to rent an apartment in Payne?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Payne Studio Apartments | $818 | $525 | $1,000 |
Payne 1 Bedroom Apartments | $1,140 | $514 | $1,950 |
Payne 2 Bedroom Apartments | $1,248 | $609 | $2,849 |
Payne 3 Bedroom Apartments | $1,392 | $539 | $1,984 |
Payne 4 Bedroom Apartments | $600 | $600 | $600 |
Browse Top Apartments in Payne
See all Apartments in PayneExplore Payne
Payne, OH Local Guide
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Villa Capri Apartments | Prato | 1BR,1BA | $514 |
Emerald Square Apartments & Villas | Studio Hickory Mill | Studio,1BA | $525 |
Shoaff Park Villas | Studio, 1 bath | Studio,1BA | $645 |
Partridge Place | 2 Bedroom Unit | 2BR,1BA | $650 |
The Huntington | 1 Bed, 1 bath | 1BR,1BA | $665 |
The Meridian (Waterloo Gardens) | Premium 1 BED | 1 BATH | 1BR,1BA | $680 |
Apple Glen | 2 Bedroom Unit | 2BR,1BA | $744 |
Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $759 |
Graystone Apartments | Graystone Apartments 1bed studio | 1BR,1BA | $790 |
Stratford Place Apartments | Find 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Morada at Maysville | 2 Bed 2 Bath | 2BR,2BA | $0.85 |
Evard Place - Solar Powered | 2 Bedroom 2 Bath | 2BR,2BA | $1.07 |
Partridge Place | 2 Bedroom Unit | 2BR,1.5BA | $0.67 |
Blackhawk Apartments | Willow-Renovated | 2BR,1.5BA | $1.23 |
Windsor Oaks | The Cedar | 1BR,1BA | $1.26 |
Apple Glen | 2 Bedroom Unit | 2BR,1BA | $0.86 |
St Joe Place | 2x2 | 2BR,2BA | $0.80 |
Villa Capri Apartments | Prato | 1BR,1BA | $0.71 |
Stratford Place Apartments | Find Your Perfect Space at Stratford Place — Fo... | 1BR,1BA | $1.29 |
The Huntington | 1 Bed, 1 bath | 1BR,1BA | $1.28 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Payne, OH Rentals by Map
See the most popular apartments and homes in Payne, OH
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 $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.

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.

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.

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.

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.