Cheap Apartments for Rent in Paynesville, MN from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Paynesville.

Oak Place Apartments

Sterling Manor Apartments
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.

Oak Ridge Manor Senior 62+ Apartments

Westfield Apartments

Nyberg Apartments 55+
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.

140 4th Ave N
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 | $957 | $691 | $1,125 |
Paynesville 1 Bedroom Apartments | $1,122 | $718 | $1,555 |
Paynesville 2 Bedroom Apartments | $1,315 | $690 | $2,945 |
Paynesville 3 Bedroom Apartments | $1,598 | $1,015 | $1,990 |
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Paynesville, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sterling Manor Apartments | Studio | Studio,1BA | $691 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $718 |
1505 Becker Ave SE | 1 bed 1 bath | 1BR,1BA | $825 |
Somerset Properties | Two Bedroom A - Somerset | 2BR,1BA | $870 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $880 |
Best Value Apartments for Rent in Paynesville, MN and Nearby
As of July 30, 2025 the best value apartment in the Paynesville area is the $1.17 price per square foot E Model at Savanna Apartments in the starting from $1,150. The second greatest value Paynesville apartment is the 2B/1B Model at Clover Hill Apartments starting at $900 with a $1.00 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. |
---|---|---|---|
Savanna Apartments | E | 2BR,2BA | $1.17 |
Clover Hill Apartments | 2B/1B | 2BR,1BA | $1.00 |
Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
Suncrest Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
Oak Place Apartments | 2 Bedroom A | 2BR,1BA | $0.81 |
Somerset Properties | Two Bedroom A - Ridge | 2BR,1BA | $1.02 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
1505 Becker Ave SE | 2 bed 1 bath | 2BR,1BA | $1.32 |
1517 Becker Ave SE | 2 bed 1 bath | 2BR,1BA | $1.32 |
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Best Local Schools in Paynesville, MN
Paynesville Elementary
Paynesville Area High School
School data provided by Great Schools
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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Sterling Manor Apartments listed at $691.
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 $690 at Oak Place 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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.