
Cheap Apartments for Rent in Paynesville, MN from $300 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Paynesville.


815 5th Ave S

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Suite Liv'N - Willmar

Oak Ridge Manor Senior 62+ Apartments

Westfield Apartments

134 21st Ave N

Oak Place Apartments

Nyberg Apartments 55+

Suncrest 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.

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Clover Hill Apartments

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Somerset Properties

Westwood Village

Pioneer Pointe

Savanna Apartments

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Parkview Apartments

Graceview Estates

Edgeview Apartments

Lakeland Apartments
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.

134 Crossing

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Block 25 Lofts

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Avon Estates

Riverview Lofts

Boulder Ridge Apartment Homes

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Valleyside Townhomes

Sterling Manor Apartments

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Birch Spring Apartment Homes

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Gatewood
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.

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The Preserve on 24th

Prosper West

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Joetown Apartment Homes

Granite Landing

330 4th St SW

Grove Heights Townhomes

Lake Place II

539 Pacific Ave SW

Lake Ripley Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

704 1st St S

Spicer B Apartments

Cardinal Manor Apartments

1505 Becker Ave SE

Suite Liv'n on 15th NW

311 5th St S

512 Maple Ln

505 15th Ave SW

6445 132nd Ave NE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Meadowlark Apartments

255 6th Ave NE

812 6th St SE

1301 24th St NW
Paynesville, MN Local Guide

How much does it cost to rent an apartment in Paynesville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paynesville Studio Apartments | $1,032 | $745 | $1,175 |
| Paynesville 1 Bedroom Apartments | $1,135 | $747 | $1,605 |
| Paynesville 2 Bedroom Apartments | $1,361 | $825 | $2,700 |
| Paynesville 3 Bedroom Apartments | $1,565 | $1,060 | $1,860 |
Browse Top Apartments in Paynesville
See all Apartments in PaynesvilleExplore Paynesville
Paynesville, MN Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Paynesville Apartments for Rent and Nearby
 The cheapest available apartment rental in Paynesville, MN is a Studio unit found at Suite Liv'N - Willmar priced from $745. Oak Ridge Manor Senior 62+ Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $747. Here is today’s list of the most affordable Paynesville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Suite Liv'N - Willmar | Studio 1 Bath | Studio,1BA | $745 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $747 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| 1505 Becker Ave SE | 1 bed 1 bath | 1BR,1BA | $825 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $830 |
| Somerset Properties | Two Bedroom + Den - By The Lake | 2BR,1BA | $874 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $920 |
| Pioneer Pointe | 2 Bed-1 | 2BR,1BA | $925 |
| Savanna Apartments | A | 1BR,1BA | $940 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $975 |
Best Value Apartments for Rent in Paynesville, MN and Nearby
As of April 22, 2026 the best value apartment in the Paynesville area is the $0.99 price per square foot 3 Bed 2 Bath Single Section Model at Bel Clare Estates in the starting from $1,439. The second greatest value Paynesville apartment is the 2BR/1 Bath Model at Valleyside Townhomes starting at $1,055 with a $1.10 price per square foot . Here is today’s list of the best values for Paynesville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bel Clare Estates | 3 Bed 2 Bath Single Section | 3BR,2BA | $0.99 |
| Valleyside Townhomes | 2BR/1 Bath | 2BR,1BA | $1.10 |
| Somerset Properties | Two Bedroom + Den - By The Lake | 2BR,1BA | $0.95 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Pioneer Pointe | 2 Bed-1 | 2BR,1BA | $1.19 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $1.00 |
| Savanna Apartments | A | 1BR,1BA | $1.26 |
| 1505 Becker Ave SE | 1 bed 1 bath | 1BR,1BA | $1.18 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.19 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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 Paynesville, MN
Paynesville Elementary
Paynesville Area High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paynesville, MN Rentals by Map
See the most popular apartments and homes in Paynesville, MN
Frequently Asked Questions about Cheap Paynesville Apartments
What is the Cheapest Studio apartment in Paynesville?
Currently the most affordable Cheap Studio Apartment in Paynesville is at Suite Liv'N - Willmar listed at $745.
How much is rent for a Cheap One Bedroom Paynesville Apartment?
The lowest price for a Cheap One Bedroom Paynesville Apartment is $747 at Oak Ridge Manor Senior 62+ Apartments.
What is the lowest price for a Cheap Two Bedroom Paynesville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Paynesville is starting from $825 at Suite Liv'N - Willmar.
What is the most affordable Paynesville Three Bedroom Apartment?
The best deal on a cheap Paynesville Three Bedroom Apartment rental is at Westwood Village and starts from $1,060.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.