
Cheap Homes for Rent in Payson, AZ from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Payson.


3990 E Yuma Dr

4360 E Waldron Rd
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.

142 Maryvale Dr

499 S 2nd St

1855 N Badger Ln
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.

200 E Malibu Dr
Payson, AZ Local Guide

How much does it cost to rent a home in Payson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Payson 2 Bedroom Homes for Rent | $3,180 | $1,110 | $10,000+ |
| Payson 3 Bedroom Homes for Rent | $7,686 | $1,260 | $10,000+ |
| Payson 4 Bedroom Homes for Rent | $6,408 | $2,450 | $10,000+ |
Browse Top Homes for Rent 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. Village Apartments in the North Scottsdale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,306. 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 |
| Village Apartments | 1x1 | 1BR,1BA | $1,306 |
| Bela Rosa | A1 | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Payson, AZ
As of April 25, 2026 the best value apartment in the Payson area is the $2.00 price per square foot Simone Model at Montreux in the in the North Scottsdale neighborhood starting from $3,035. 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 | $2.00 |
| Amavi Aster Ridge | TH-B2 | 2BR,2.5BA | $1.38 |
| EDGE at Grayhawk | Firenze | 2BR,2BA | $1.99 |
| 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 | $1.56 |
| Azure Creek at Tatum Ranch | 1B-R1 | 1BR,1BA | $2.05 |
| Sonoran Vista | Pima | 1BR,1BA | $1.88 |
| Kota North Scottsdale | A1 South | 1BR,1BA | $2.02 |
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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Frequently Asked Questions about Payson
What type of rentals are currently available in Payson?
There are currently 63 Apartments for Rent in Payson, AZ with pricing that ranges from $955 to $6,531. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Payson ranging from $950 to $20,000.
What is the current price range for Rental Homes in Payson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Payson ranges from $950 to $20,000 with an average monthly rent of $4,556.
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.