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

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.

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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
Senior Living
  • Utilities Included

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.

Paynesville, MN Local Guide

Cheapest Available Paynesville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paynesville, MN is a Studio unit found at Sterling Manor Apartments priced from $691. Oak Ridge Manor Senior 62+ Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $718. Here is today’s list of the most affordable Paynesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sterling Manor ApartmentsStudioStudio,1BA$691
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$718
1505 Becker Ave SE1 bed 1 bath1BR,1BA$825

Best Value Apartments for Rent in Paynesville, MN and Nearby

As of September 15, 2025 the best value apartment in the Paynesville area is the $1.37 price per square foot Willow Model at Boulder Ridge Apartment Homes in the starting from $1,488. The second greatest value Paynesville apartment is the 2 Bedroom 2 Bath Model at Birch Spring Apartment Homes starting at $1,395 with a $1.36 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.
Boulder Ridge Apartment HomesWillow3BR,1BA$1.37
Birch Spring Apartment Homes2 Bedroom 2 Bath2BR,2BA$1.36
Community Park Apartment HomesTwo Bed Two Bath2BR,2BA$1.38
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
GatewoodLily2BR,1BA$1.31
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96
1505 Becker Ave SE2 bed 1 bath2BR,1BA$1.32
1517 Becker Ave SE2 bed 1 bath2BR,1BA$1.32
Somerset PropertiesOne Bedroom + Den - By The Lake1BR,1BA$1.49

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

Explore Paynesville, MN Rentals by Map

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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

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 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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.