Cheap Apartments for Rent in Paynesville, MN from $300 (5 Rentals)

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Search the lowest-cost Apartments available for rent right now in Paynesville.

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Edgewood Apartments
1 to 2 Bedroom Apartments

Edgewood Apartments

225 E Main StPaynesville, MN 56362
  • Utilities Included
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330 4th St SW
Studio to 1 Bedroom Apartments

330 4th St SW

330 4th St SWWillmar, MN 56201
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Lake Place II
1 to 2 Bedroom Apartments

Lake Place II

1421 Lake Ave NWWillmar, MN 56201
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1205 S Sibley Ave
Studio to 3 Bedroom Apartments

1205 S Sibley Ave

1205 S Sibley AveLitchfield, MN 55355

Paynesville, MN Local Guide

Cheapest Available Paynesville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paynesville, MN is a 1 Bed unit found at Oak Ridge Manor Senior 62+ Apartments priced from $718. Suncrest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Paynesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$718
Suncrest Apartments1 bedroom1BR,1BA$830
Somerset PropertiesTwo Bedroom A - Ridge2BR,1BA$874

Best Value Apartments for Rent in Paynesville, MN and Nearby

As of November 08, 2025 the best value apartment in the Paynesville area is the $1.29 price per square foot Lotus Model at Gatewood in the in the Pantown neighborhood starting from $1,482. The second greatest value Paynesville apartment is the 2 Bed 1 Bath Single Section Model at Bel Clare Estates starting at $1,299 with a $1.35 price per square foot . Here is today’s list of the best values for Paynesville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
GatewoodLotus3BR,2BA$1.29
Bel Clare Estates2 Bed 1 Bath Single Section2BR,1BA$1.35
Community Park Apartment HomesTwo Bed Two Bath2BR,2BA$1.38
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Nyberg Apartments 55+2 Bed2BR,1BA$1.00
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Pioneer Pointe2 Bed-12BR,1BA$1.19
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96
1517 Becker Ave SE2 bed 1 bath2BR,1BA$1.32
1505 Becker Ave SE2 bed 1 bath2BR,1BA$1.32

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Paynesville, MN

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 134 Crossing listed at $985.

How much is rent for a Cheap One Bedroom Paynesville Apartment?

The lowest price for a Cheap One Bedroom Paynesville Apartment is $718 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 $838 at Oak Ridge Manor Senior 62+ Apartments.

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 $1,015.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.