
Cheap Apartments for Rent in Payson, AZ from $600 (41 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

Tonto Oaks
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.

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

200 E Malibu Dr

601 S Colcord Rd

1042 S Hunter Creek Dr

Village Apartments

Bela Rosa

IMT Desert Ridge

Jade Scottsdale
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.

Azure Creek at Tatum Ranch

Ninety Degrees

Four Peaks

Kota North Scottsdale

Scottsdale Highlands Apartments

56 North

One North Scottsdale Apartments

Montreux
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.

San Carlos

Inspiration Apartments

Desert Club

Sonoran Vista

Total Monthly Price
Avion on Legacy

Total Monthly Price
GlenEagles

Vintage at Scottsdale

EDGE at Grayhawk
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.

The View at Cascade

Alta Vista

Parkway Apartments

3990 E Yuma Dr

Ventana Apartments

Sedona Resort Apartments

Desert Parks Vista

Avilla Vista Norte
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.

333 N 16th St
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 | $1,678 | $1,450 | $2,049 |
| Cheap Payson 1 Bedroom Apartments | $1,983 | $1,199 | $3,489 |
| Cheap Payson 2 Bedroom Apartments | $2,524 | $1,299 | $5,209 |
| Cheap Payson 3 Bedroom Apartments | $2,880 | $1,760 | $6,571 |
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 1 Bed unit found at Bela Rosa in the Deer Valley neighborhood priced from $1,220. Jade Scottsdale in the McDowell Mountain Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,339. Here is today’s list of the most affordable Payson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bela Rosa | A1 | 1BR,1BA | $1,220 |
| Jade Scottsdale | Amethyst | 1BR,1BA | $1,339 |
| Ventana Apartments | One Bedroom One Bath A1, A2 | 1BR,1BA | $1,351 |
| Azure Creek at Tatum Ranch | 1A-R1 | 1BR,1BA | $1,402 |
| Tonto Oaks | One Bedroom | 1BR,1BA | $1,450 |
| Kota North Scottsdale | A1 North | 1BR,1BA | $1,500 |
| Ninety Degrees | A3 | 1BR,1BA | $1,510 |
| Payson's BEST location ... close to everything!! | 2x1 RLP | 2BR,1BA | $1,525 |
| 56 North | Open 1 Bedroom, 1 Bath | 1BR,1BA | $1,534 |
| Avilla Vista Norte | The Alcove | 1BR,1BA | $1,536 |
Best Value Apartments for Rent in Payson, AZ
As of March 13, 2026 the best value apartment in the Payson area is the $1.45 price per square foot TH-C2 Model at Amavi Aster Ridge in the in the Rio Vista neighborhood starting from $2,175. The second greatest value Payson apartment is the B1RR Model at Four Peaks starting at $1,799 with a $1.62 price per square foot in the Downtown Fountain Hills 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. |
|---|---|---|---|
| Amavi Aster Ridge | TH-C2 | 3BR,2.5BA | $1.45 |
| Four Peaks | B1RR | 2BR,2BA | $1.62 |
| Bela Rosa | B2 | 2BR,2BA | $1.41 |
| IMT Desert Ridge | B3 | 2BR,2BA | $1.70 |
| Sonoran Vista | Thunderbird | 1BR,1.5BA | $1.71 |
| GlenEagles | The Lomond | 1BR,1.5BA | $1.70 |
| Inspiration Apartments | B1 | 2BR,2BA | $1.68 |
| Ventana Apartments | One Bedroom One Bath B1, B2 | 1BR,1BA | $1.65 |
| Payson's BEST location ... close to everything!! | 2x1 RLP | 2BR,1BA | $1.74 |
| Tonto Oaks | One Bedroom | 1BR,1.5BA | $1.71 |
Don'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 The Beverly listed at $1,733.
How much is rent for a Cheap One Bedroom Payson Apartment?
The lowest price for a Cheap One Bedroom Payson Apartment is $1,220 at Bela Rosa.
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 $1,460 at Bela Rosa.
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 $1,760.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.