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Apartments for Rent in Payson, AZ

1-8 of 8 rentals

Apartment for rent at 333 N McLane Rd, Payson, AZ 85541

1/17

Managed by Desert Pacific Advisors

$1,785

Apartment2 Beds2 Baths1,160 ft²

333 N McLane Rd

Payson, AZ 85541

We are offering 1-month free rent with a 14-month lease. Amenities: Range/Oven & Water (in select units) sewer trash.

1/10

Featured

Managed by Valley Income Properties

$1,450 - $1,550

Apartment1-2 Beds1.5-2 Baths850-1,180 ft²

Tonto Oaks

120 S Tonto St, Payson, AZ 85541

Discover your perfect mountain-town retreat at Tonto Oaks Apartments, located at 120 S Tonto Street in beautiful Payson, Arizona. This private community offers an exceptional blend of modern interior updates and serene outdoor living. Managed with care by our dedicated on-site team, our spacious floorplans are designed to elevate your everyday lifestyle. Inside each fully renovated home, you will find premium comforts tailored for year-round enjoyment. Each residence extends to a private patio, giving you the perfect personal space to unwind in the fresh mountain air. The community amenities extend your living space outdoors under the canopy of large, mature shade trees.

Condo for rent at 200 E Malibu Dr #C2, Payson, AZ 85541

1/10

Managed by Payson Property Management

$1,600

Condo2 Beds2 Baths

200 E Malibu Dr #C2

Payson, AZ 85541

Unit C2 is a ground level condo that includes assigned/covered parking space, private balcony, and view of the tree covered common area. This 2 bed / 2 bath has washer/dryer, full kitchen with black/stainless appliances, double stainless sink with garbage disposal. Enjoy this comfortable unit in the heart of Payson and still feel away from it all in a quiet pine covered community. Owner pays sewer, trash, and HOA / tenant pays electric & water + internet/TV if desired. On-site storage unit available upon request, for $50 per month.

1/10

Managed by Payson Property Management

$1,600

Apartment2 Beds2 Baths

200 E Malibu Dr #B6

Payson, AZ 85541

Unit B6 is a 2nd floor unit in the quiet Bison Cove Complex. This 2 bed / 2 bath condo has new interior paint, in unit washer/dryer, plus a bright kitchen with fridge, microwave, dishwasher, and electric stove. Enjoy this comfortable unit in the heart of Payson and still feel away from it all in a quiet, pine covered community. Owner pays sewer, trash, and HOA / tenant pays electric & water + internet/TV if desired. Assigned/covered parking space included and storage unit available for $50 monthly. NOTE: There will be no waterline to the fridge/freezer.

1/10

Managed by Payson Property Management

$1,600

Condo2 Beds2 Baths

200 E Malibu Dr #B2

Payson, AZ 85541

Unit B2 is a ground level condo at $1600 per month (includes assigned/covered parking space). This 2 bed / 2 bath has washer/dryer, full kitchen with modern black appliances, double stainless sink with garbage disposal. Enjoy this comfortable unit in the heart of Payson and still feel away from it all in a quiet pine covered community. Owner pays sewer, trash, and HOA / tenant pays electric & water + internet/TV if desired. On-site storage unit available upon request, for $50 per month. Amenities: Central Heating.

1/10

Managed by Aspen Cove

$1,375 - $1,395

Apartment2 Beds2 Baths960 ft²

801 E Frontier St

Payson, AZ 85541

Amenities: Heat (Electric), Range (Electric) & Window Coverings.

1/10

New 1 day ago

Managed by Payson Property Management

$2,300

Condo4 Beds3 Baths

308 W Frontier St #D

Payson, AZ 85541

This lovely (stand alone) 4 bed / 2.5 bath condo with single car garage is right in the middle of town, walking distance to Main Street, but still has that away from it all feel due to being set back away from main highway. Very clean unit with laundry hookups, all new kitchen appliances, and new carpet throughout. Primary bed has walk in closet and large bath, remaining 3 bedrooms share a full bath, plus an additional half bath downstairs. Fully fenced yard NOTE: No street parking.

1/10

New 5 days ago

Managed by Valley Income Properties

$1,450

Apartment2 Beds1 Bath875 ft²

300 W Frontier St

Payson, AZ 85541

Located in the heart of the Payson, this booming district is fast becoming the place to live. We are very proud to offer this exclusive community to you. Some of Payson's best restaurants, bars and hangouts are minutes away. Community and Apartment Features: Brand New Stainless Steel Appliances. Full Size stackable washer/dryer. Gooseneck faucet. Central heat and air conditioning. Breakfast bar. Decorative shower enclosure with Tub. Select units: Full size patios. Balcony. Washer/dryer. Fully remodeled. Nearby: Fargos. Buffalo Bar & Grill. Mackys. La Sierra. Mazatzal Casino. Sawmill Theater. I look forward to showing you your new home.

Viewing 1-8 of 8 rentals in Payson

What to Know About

Life in Payson & Beyond

Payson shares many of the great qualities that make Arizona a desirable place to live.

Arizona is where the beauty of nature and the richness of culture collide. From the majestic red rocks of Sedona to the vibrant streets of Phoenix, Arizona is a state like no other. Explore its diverse cultural offerings by visiting historical landmarks such as the Heard Museum and the Pueblo Grande Museum & Archaeological Park. And for those seeking higher education, this is the place for renowned universities like Arizona State University and the University of Arizona, one of the largest research universities in the United States. In addition, Arizona's economy is ever-growing thanks to the industries of technology, tourism, and agriculture.

Adventure seekers and sports enthusiasts will find no shortage of activities in Arizona. Explore the Grand Canyon, go for a hike in the many scenic state parks, cheer on the Arizona Cardinal (NFL), Arizona Coyotes (NHL), Arizona Diamondbacks (MLB), and Phoenix Suns (NBA), or watch exciting college sports games at the state's universities. In addition, appreciate famous attractions like the Saguaro National Park, the Petrified Forest National Park, and the historic city of Tombstone.

A desert oasis of adventure and discovery, Arizona is a great place to call home for those seeking an exciting and relaxing lifestyle.

Rental Market Trends

Payson, AZ

View full report

As of November 2026, Payson's rental market is stable, with rentals spending about 32 days on the market, about the same as in Arizona (33), and rents down 2.9% over the past year. Payson's average rent is 2.9% ($50) higher than the Arizona average of $1,720 and 13.1% ($266) lower than the U.S. average of $2,036.

Average Rent

$1,770

Monthly ChangeMonth Over Month Change

0.11% ($2)

Yearly ChangeYear Over Year Change

2.9% ($53)

Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,283	0.23% ($3)	0.4% ($5)
2 Beds	$1,636	0.25% ($4)	1.3% ($21)
3 Beds	$2,180	0.13% ($3)	1.5% ($32)

Based on rentals advertised on RentalSource in and around Payson.

Frequently Asked Questions

Payson Rental Market FAQs

Explore rental prices, market conditions, and affordability in Payson, AZ.

What is the average rent in Payson, AZ?

The average rent in Payson, AZ is about $1,770 per month.

What is the average rent for different bedroom sizes in Payson, AZ?

In Payson, the average rent is about $1,283 per month for a 1-bedroom apartment, about $1,636 for a 2-bedroom apartment and about $2,180 for a 3-bedroom apartment.

How do rent prices in Payson, AZ compare with the national average?

The average rent in Payson is 13.1% ($266) lower than the national average of $2,036 per month.

How competitive is the rental market in Payson, AZ?

The rental market in Payson, AZ is currently stable, with rentals spending about 32 days on the market, about the same as in Arizona (33), and rents down 2.9% over the past year.

Can I afford to rent an apartment in Payson, AZ?

Based on the current averages, a household would need an annual income of about $65,400 to comfortably afford a 2-bedroom apartment in Payson.

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