
Cheap Homes for Rent near Paynesville, MN from $400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Paynesville.


718 6th Ave S

310 8th St N

512 Maple Ln

519 14th St S
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

320 Augusta Ave SE

706 1st St S

6445 132nd Ave NE

510 2nd St N

154 3rd Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1049 13th St N
Paynesville, MN Local Guide

How much does it cost to rent a home in Paynesville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paynesville 2 Bedroom Homes for Rent | $1,446 | $825 | $2,295 |
| Paynesville 3 Bedroom Homes for Rent | $1,842 | $1,240 | $2,395 |
| Paynesville 4 Bedroom Homes for Rent | $2,067 | $1,500 | $2,900 |
| Paynesville 5 Bedroom Homes for Rent | $3,195 | $2,590 | $3,800 |
Browse Top Homes for Rent in Paynesville
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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 Building Three Thirty priced from $425. Suite Liv'N - Willmar has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable Paynesville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Building Three Thirty | Small Studio | Studio,1BA | $425 |
| Suite Liv'N - Willmar | Studio 1 Bath | Studio,1BA | $745 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $768 |
| Cardinal Manor Apartments | One Bedroom - Handicap Accessible | 1BR,1BA | $775 |
| Suite Livn Suites | Suite | 2BR,1BA | $800 |
Best Value Apartments for Rent in Paynesville, MN and Nearby
As of September 08, 2026 the best value apartment in the Paynesville area is the $1.45 price per square foot Willow Model at Wobegon Crossings in the starting from $1,479. The second greatest value Paynesville apartment is the B9R Model at Prosper West starting at $1,413 with a $1.47 price per square foot in the West Saint Cloud neighborhood. 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. |
|---|---|---|---|
| Wobegon Crossings | Willow | 2BR,2BA | $1.45 |
| Prosper West | B9R | 2BR,2BA | $1.47 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Suite Livn Suites | Suite | 2BR,1BA | $0.94 |
| Sterling Manor Apartments | Large 1 Bedroom | 1BR,1BA | $1.27 |
| Gatewood | Iris | 2BR,1BA | $1.24 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $1.39 |
| Boulder Ridge Apartment Homes | 1 Bedroom | 1BR,1BA | $1.55 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
| Cardinal Manor Apartments | One Bedroom | 1BR,1BA | $1.24 |
Don'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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
Paynesville Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Paynesville, MN
Frequently Asked Questions about Paynesville
What type of rentals are currently available in Paynesville?
There are currently 59 Apartments for Rent in Paynesville, MN with pricing that ranges from $425 to $2,750. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paynesville ranging from $400 to $3,800.
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 $400 to $3,800 with an average monthly rent of $1,631.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.