
Cheap Apartments for Rent in Payson, AZ from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Payson.


Canal Senior Apartments

Maurnez Apartments

807 S Beeline Hwy

Frontier Village/Aspen Cove Apartments

Mount View Apartments

Payson Apartments

Payson's BEST location ... close to everything!!
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.

411 E Alpine Dr

200 E Malibu Dr

502 N William Tell Cir

Mountain View Villa Apartments

Village Apartments

IMT Desert Ridge

Jade Scottsdale

Ninety Degrees
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.

Azure Creek at Tatum Ranch

Kota North Scottsdale

Sonoran Vista

Scottsdale Highlands Apartments

San Carlos

56 North

Desert Club

Total Monthly Price
GlenEagles
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.

One North Scottsdale Apartments

Avion on Legacy

Vintage at Scottsdale

EDGE at Grayhawk

Total Monthly Price
The Beverly

3990 E Yuma Dr

Alta Vista

4360 E Waldron Rd
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.

Ventana Apartments

Parkway Apartments

Bela Rosa

142 Maryvale Dr

Sedona Resort Apartments

Avilla Vista Norte

499 S 2nd St

1855 N Badger Ln
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.

333 N 16th St

Desert Parks Vista
Payson, AZ Local Guide

How much does it cost to rent an apartment in Payson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Payson Studio Apartments | $1,595 | $955 | $2,055 |
| Cheap Payson 1 Bedroom Apartments | $1,932 | $1,240 | $3,399 |
| Cheap Payson 2 Bedroom Apartments | $2,500 | $1,395 | $5,359 |
| Cheap Payson 3 Bedroom Apartments | $2,907 | $2,099 | $6,531 |
Browse Top Apartments in Payson
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Payson, AZ Local Guide
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Cheapest Available Payson Apartments for Rent
 The cheapest available apartment rental in Payson, AZ is a Studio unit found at Mountain View Villa Apartments priced from $955. Ventana Apartments in the West Cactus neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Payson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Villa Apartments | Studio | Studio,1BA | $955 |
| Ventana Apartments | One Bedroom One Bath A1, A2 | 1BR,1BA | $1,300 |
| Village Apartments | 1x1 | 1BR,1BA | $1,306 |
| Bela Rosa | A1 | 1BR,1BA | $1,325 |
| Jade Scottsdale | Amethyst | 1BR,1BA | $1,367 |
| Kota North Scottsdale | A1 South | 1BR,1BA | $1,425 |
| Payson's BEST location ... close to everything!! | 2x1 R | 2BR,1BA | $1,450 |
| Sonoran Vista | Pima | 1BR,1BA | $1,469 |
| Avilla Vista Norte | The Alcove | 1BR,1BA | $1,482 |
| San Carlos | Ruby | 1BR,1BA | $1,525 |
Best Value Apartments for Rent in Payson, AZ
As of April 27, 2026 the best value apartment in the Payson area is the $1.97 price per square foot Simone Model at Montreux in the in the North Scottsdale neighborhood starting from $2,981. The second greatest value Payson apartment is the TH-B2 Model at Amavi Aster Ridge starting at $1,925 with a $1.38 price per square foot in the Rio Vista neighborhood. Here is today’s list of the best values for Payson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Montreux | Simone | 3BR,2BA | $1.97 |
| Amavi Aster Ridge | TH-B2 | 2BR,2.5BA | $1.38 |
| Scottsdale Highlands Apartments | Carson | 3BR,2BA | $1.94 |
| Avion on Legacy | B1 | 2BR,2BA | $1.74 |
| Bela Rosa | A1 | 1BR,1BA | $1.45 |
| Desert Parks Vista | A2 Premier | 1BR,1BA | $1.90 |
| Payson's BEST location ... close to everything!! | 2x1 R | 2BR,1BA | $1.66 |
| Ventana Apartments | One Bedroom One Bath A1, A2 | 1BR,1BA | $1.53 |
| Azure Creek at Tatum Ranch | 1B-R1 | 1BR,1BA | $1.97 |
| Sonoran Vista | Pima | 1BR,1BA | $1.88 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Payson, AZ
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Payson, AZ Rentals by Map
See the most popular apartments and homes in Payson, AZ
Frequently Asked Questions about Cheap Payson Apartments
What is the Cheapest Studio apartment in Payson?
Currently the most affordable Cheap Studio Apartment in Payson is at Mountain View Villa Apartments listed at $955.
How much is rent for a Cheap One Bedroom Payson Apartment?
The lowest price for a Cheap One Bedroom Payson Apartment is $1,240 at Mountain View Villa Apartments.
What is the lowest price for a Cheap Two Bedroom Payson Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Payson is starting from $1,395 at Mountain View Villa Apartments.
What is the most affordable Payson Three Bedroom Apartment?
The best deal on a cheap Payson Three Bedroom Apartment rental is at Bela Rosa and starts from $1,780.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.