
Cheap Homes for Rent in Kensington, MN from $300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Kensington.


902 1st St S

500 1st Ave S

401 Tower RdApt

208 Oregon Ave.

815 Center St S

725 8th St N
Kensington, MN Local Guide

How much does it cost to rent a home in Kensington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Kensington 2 Bedroom Homes for Rent | $1,006 | $300 | $1,400 |
Kensington 3 Bedroom Homes for Rent | $1,345 | $875 | $1,750 |
Kensington 4 Bedroom Homes for Rent | $1,899 | $1,350 | $2,500 |
Browse Top Homes for Rent in Kensington
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Kensington, MN Local Guide
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Cheapest Available Kensington Apartments for Rent and Nearby
 The cheapest available apartment rental in Kensington, MN is a Studio unit found at 806 W 5th St priced from $525. Riverside has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Kensington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
806 W 5th St | Studio | Studio,1BA | $525 |
Riverside | 911 studios | Studio,1BA | $695 |
Westfield Apartments | 1 Bedroom | 1BR,1BA | $768 |
Best Value Apartments for Rent in Kensington, MN and Nearby
As of March 25, 2025 the best value apartment in the Kensington area is the $1.10 price per square foot 3B2B Model at Pheasant Run Apartments in the starting from $1,325. The second greatest value Kensington apartment is the 2 Bedroom 1 Bathroom Model at River Bluff Apartments starting at $940 with a $0.95 price per square foot . Here is today’s list of the best values for Kensington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pheasant Run Apartments | 3B2B | 3BR,2BA | $1.10 |
River Bluff Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
Westfield Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
Sunset Ridge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.15 |
Wobegon Crossings | Maple | 2BR,2BA | $1.47 |
Oak Knoll Complex | 2 Bed | 2BR,1BA | $1.03 |
Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $1.21 |
Granite Manor/Runestone | One bedroom/ One bathroom | 1BR,1BA | $1.63 |
Bridgewater Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.60 |
Riverside | 911 studios | Studio ,1BA | $1.54 |
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Frequently Asked Questions about Kensington
What type of rentals are currently available in Kensington?
There are currently 46 Apartments for Rent in Kensington, MN with pricing that ranges from $575 to $2,170. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington ranging from $275 to $2,500.
What is the current price range for Rental Homes in Kensington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kensington ranges from $275 to $2,500 with an average monthly rent of $1,185.
How much are larger Three and Four Bedroom Rentals in Kensington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Kensington range from $960 to $1,815, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,220.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.