
Cheap Homes for Rent in Payson, AZ from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Payson.


4140 E Cliffside Trail

4140 E Cliffside Trl

513 W Frontier St

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.

312 W Roundup Rd

499 S 2nd St

4203 E Commercial Way

200 E Malibu Dr

1501 N Beeline Hwy
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.

502 N William Tell Cir
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 | $3,270 | $1,080 | $10,000+ |
| Payson 3 Bedroom Homes for Rent | $7,705 | $1,185 | $10,000+ |
| Payson 4 Bedroom Homes for Rent | $6,399 | $2,500 | $10,000+ |
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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 $1,000. Village Apartments in the North Scottsdale neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,299. 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 | $1,000 |
| Village Apartments | 2x1 | 2BR,1BA | $1,299 |
| Ninety Degrees | E1 | Studio,1BA | $1,330 |
| Kota North Scottsdale | A1 South | 1BR,1BA | $1,425 |
| Sonoran Vista | Pima | 1BR,1BA | $1,444 |
Best Value Apartments for Rent in Payson, AZ
As of June 10, 2026 the best value apartment in the Payson area is the $1.33 price per square foot TH-B2 Model at Amavi Aster Ridge in the in the Rio Vista neighborhood starting from $1,845. The second greatest value Payson apartment is the B4 Model at IMT Desert Ridge starting at $2,280 with a $2.01 price per square foot in the North Scottsdale 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-B2 | 2BR,2.5BA | $1.33 |
| IMT Desert Ridge | B4 | 2BR,2BA | $2.01 |
| EDGE at Grayhawk | Tesero | 1BR,1.5BA | $1.83 |
| Bela Rosa | B2 | 2BR,2BA | $1.53 |
| Jade Scottsdale | Onyx | 2BR,2BA | $1.79 |
| Desert Parks Vista | A2 Premier | 1BR,1BA | $1.98 |
| Vintage at Scottsdale | Pinnacle | 1BR,1BA | $1.97 |
| Sonoran Vista | Pima | 1BR,1BA | $1.85 |
| GlenEagles | The Shetland | 1BR,1BA | $2.00 |
| Village Apartments | 2x1 | 2BR,1BA | $2.00 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 $1,000 to $6,531. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Payson ranging from $960 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 $960 to $20,000 with an average monthly rent of $4,632.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.