
Cheap Homes for Rent in Payson, AZ from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Payson.


4360 E Waldron Rd

3990 E Yuma Dr

719 W Summit St

200 E Malibu Dr

601 S Colcord Rd
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.

1042 S Hunter Creek Dr

610 S Azure Dr

4220 N Montezuma Ave

411 E Alpine Dr

31709 N 164th St

399 Ewing Trail
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.
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 | $4,221 | $1,700 | $10,000+ |
| Payson 3 Bedroom Homes for Rent | $7,257 | $1,795 | $10,000+ |
| Payson 4 Bedroom Homes for Rent | $6,765 | $2,495 | $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 1 Bed unit found at Bela Rosa in the Deer Valley neighborhood priced from $1,240. Jade Scottsdale in the McDowell Mountain Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,307. 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 | $1,240 |
| Jade Scottsdale | Amethyst | 1BR,1BA | $1,307 |
| Ventana Apartments | One Bedroom One Bath A1, A2 | 1BR,1BA | $1,405 |
| Azure Creek at Tatum Ranch | 1A-R1 | 1BR,1BA | $1,410 |
| Tonto Oaks | One Bedroom | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Payson, AZ
As of March 09, 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 C1 Premier Model at Desert Parks Vista starting at $2,622 with a $1.91 price per square foot in the McDowell Mountain Ranch 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 |
| Desert Parks Vista | C1 Premier | 3BR,2BA | $1.91 |
| Scottsdale Highlands Apartments | Carson | 3BR,2BA | $1.94 |
| Four Peaks | B1RR | 2BR,2BA | $1.62 |
| Bela Rosa | B2 | 2BR,2BA | $1.43 |
| Inspiration Apartments | B2 | 2BR,2BA | $1.80 |
| IMT Desert Ridge | B3 | 2BR,2BA | $1.83 |
| Ventana Apartments | One Bedroom One Bath B1, B2 | 1BR,1BA | $1.66 |
| 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
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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 61 Apartments for Rent in Payson, AZ with pricing that ranges from $1,199 to $6,571. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Payson ranging from $950 to $16,000.
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 $16,000 with an average monthly rent of $4,798.
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.