
Cheap Apartments for Rent in Payson, UT from $350 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Payson.


32 E Utah Ave, Unit 205

Total Monthly Price
Residence at South Haven Farms

Eversage Apartments

33 S 900 E

43 W 100 S

550 N Main St

Retreat at South Haven Farms

744-746 E 200 N
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Payson Point

1045 S 1700 W

Bountiful Court Apartments

Sixty Three Center

The Freehand

Palladium

The Station at Mill Race

Parkway Lofts

Ridgeline Parkway Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Ascent at Union Square

Lookout Pointe

Cambridge

Oakhurst

400 Element

200 City View

Mountain Run Apartment Homes

River Meadows Apartments

The Boulders
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

High Line Square

Canyon View Apartments

Timpanogos Towers

The Foundry Apartments & Townhomes

Lofts at Rivers Edge

Canyon View Crossing

The Gallery

Arden Place Apartments

Eagle Tree Apartments
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.

Grandview Manor

456 W Main St

Outlook Apartments

Diamond Fork

Liberty Center

Tanaraq on 5th

78 N 300 W St

1338 S 1200 W

660 Frost St
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, UT Local Guide

How much does it cost to rent an apartment in Payson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Payson Studio Apartments | $1,286 | $1,015 | $1,689 |
| Cheap Payson 1 Bedroom Apartments | $1,432 | $1,050 | $1,909 |
| Cheap Payson 2 Bedroom Apartments | $1,629 | $350 | $2,439 |
| Cheap Payson 3 Bedroom Apartments | $2,106 | $1,550 | $2,830 |
| Cheap Payson 4 Bedroom Apartments | $538 | $450 | $630 |
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Payson, UT Local Guide
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Cheapest Available Payson Apartments for Rent
 The cheapest available apartment rental in Payson, UT is a 2 Beds unit found at Bountiful Court Apartments in the Carterville neighborhood priced from $420. Alpine Village Student Housing in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $509. Here is today’s list of the most affordable Payson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bountiful Court Apartments | Upgraded 6 Person 2x2 | 2BR,2BA | $420 |
| Alpine Village Student Housing | Shared Room Floorplan | 2BR,2BA | $509 |
| Palladium | 1x1 | 1BR,1BA | $1,149 |
| Parkway Lofts | Hudson | Studio,1BA | $1,194 |
| Arden Place Apartments | Large 1 Bed 1 Bath | 1BR,1BA | $1,199 |
| The Green on Campus Drive | Studio | Studio,1BA | $1,199 |
| Retreat at South Haven Farms | Magnolia | 1BR,1BA | $1,199 |
| Ridgeline Parkway Apartments | Studio | Studio,1BA | $1,199 |
| Cambridge | Keystone | 1BR,1BA | $1,240 |
| 400 Element | Studios | Studio,1BA | $1,260 |
Best Value Apartments for Rent in Payson, UT
As of September 11, 2026 the best value apartment in the Payson area is the $0.96 price per square foot 1 Car Garage Floorplan Model at Autumn View Townhomes in the in the University neighborhood starting from $1,950. The second greatest value Payson apartment is the Granite Model at Payson Point starting at $1,449 with a $1.10 price per square foot . 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. |
|---|---|---|---|
| Autumn View Townhomes | 1 Car Garage Floorplan | 3BR,2.5BA | $0.96 |
| Payson Point | Granite | 2BR,2BA | $1.10 |
| Raintree | Renovated 3x2 | 3BR,2BA | $0.37 |
| Stadium150 | 3x2 | 3BR,2BA | $0.42 |
| Alpine Village Student Housing | End Cap | 4BR,2BA | $0.54 |
| Outlook Apartments | Panorama | 2BR,2BA | $1.40 |
| The Village at South Campus | Plan A Womens | 4BR,2BA | $0.52 |
| Liberty on Eighth | 3x2 | 3BR,2BA | $0.59 |
| Bountiful Court Apartments | Upgraded 6 Person 2x2 | 2BR,2BA | $0.63 |
| Alta Apartments | Renovated - Shared | 3BR,2BA | $1.21 |
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 ArticleNavigating 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.
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, UT
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Payson, UT Rentals by Map
See the most popular apartments and homes in Payson, UT
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 Parkway Lofts listed at $1,194.
How much is rent for a Cheap One Bedroom Payson Apartment?
The lowest price for a Cheap One Bedroom Payson Apartment is $1,149 at Palladium.
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 $420 at Bountiful Court Apartments.
What is the most affordable Payson Three Bedroom Apartment?
The best deal on a cheap Payson Three Bedroom Apartment rental is at Arden Place Apartments and starts from $1,599.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.