Apartments for Rent in Payne Springs, TX

Prices and availability in Payne Springs, TX were last updated on 31 Aug 2026.

The best apartment in Payne Springs, TX is: 120 Excalibur Cir.

The average rent in Payne Springs, TX is $1,198.

In Payne Springs, 19% of the residents are renting compared to 81% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Payne Springs's rentals, 40% are small-scale complexes with under 50 units, and 49% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Payne Springs are about 14 years old, on average. Of these, all have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 1 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Payne Springs come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 44% of the total apartments in the city, while 2-bedroom floorplans represent around 52% of all rentals in Payne Springs. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.