Cheap Homes for Rent in Paynesville, MN from $800 (11 Rentals)

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

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.

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.

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. Westfield Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $768. 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
Westfield Apartments1 Bedroom1BR,1BA$768
1505 Becker Ave SE1 bed 1 bath1BR,1BA$825
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$880
Somerset PropertiesTwo Bedroom A - Somerset2BR,1BA$892

Best Value Apartments for Rent in Paynesville, MN and Nearby

As of June 17, 2025 the best value apartment in the Paynesville area is the $1.24 price per square foot Three Bedroom A - By The Lake Model at Somerset Properties in the starting from $1,403. The second greatest value Paynesville apartment is the E Model at Savanna Apartments starting at $1,150 with a $1.17 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.
Somerset PropertiesThree Bedroom A - By The Lake3BR,2BA$1.24
Savanna ApartmentsE2BR,2BA$1.17
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Clover Hill Apartments2B/1B2BR,1BA$1.00
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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Frequently Asked Questions about Paynesville

What type of rentals are currently available in Paynesville?

There are currently 53 Apartments for Rent in Paynesville, MN with pricing that ranges from $718 to $2,599. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paynesville ranging from $800 to $3,000.

What is the current price range for Rental Homes in Paynesville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paynesville ranges from $800 to $3,000 with an average monthly rent of $2,073.

How much are larger Three and Four Bedroom Rentals in Paynesville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Paynesville range from $1,015 to $2,015, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,225 and Four Bedroom Apartments start at $2,200.

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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.