
Cheap Homes for Rent in Kensington, MN from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Kensington.


902 1st St S

500 1st Ave S

401 Tower RdApt

308 8th St

815 Center St S

411 E Soo St

310 20th Ave W

408 McKay SApt
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $995 | $300 | $1,275 |
Kensington 3 Bedroom Homes for Rent | $1,489 | $1,045 | $1,750 |
Kensington 4 Bedroom Homes for Rent | $1,810 | $1,345 | $2,500 |
Kensington 5 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
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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 2 Beds unit found at Natures Edge Partners LLC priced from $25. 806 W 5th St has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Kensington apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Natures Edge Partners LLC | 2B1B Subsidy | 2BR,1BA | $25 |
806 W 5th St | Studio | Studio,1BA | $525 |
Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $720 |
Best Value Apartments for Rent in Kensington, MN and Nearby
As of April 26, 2025 the best value apartment in the Kensington area is the $1.38 price per square foot Hemlock Model at Wobegon Crossings in the starting from $1,690. The second greatest value Kensington apartment is the 3B2B - CONTACT FOR AVAILABILITY Model at Pheasant Run Apartments starting at $1,325 with a $1.10 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. |
---|---|---|---|
Wobegon Crossings | Hemlock | 3BR,2BA | $1.38 |
Pheasant Run Apartments | 3B2B - CONTACT FOR AVAILABILITY | 3BR,2BA | $1.10 |
Hatchery Row | One Bedroom/ One Bathroom | 1BR,1BA | $1.56 |
Oak Knoll Complex | 2 Bed | 2BR,1BA | $1.03 |
Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $1.23 |
Granite Manor/Runestone | One bedroom/ One bathroom | 1BR,1BA | $1.63 |
Bridgewater Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.61 |
Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $1.00 |
Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $1.52 |
806 W 5th St | Studio | Studio ,1BA | $1.64 |
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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 $2,195. There are also 31 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 $1,279.
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 $1,045 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,345 and Four Bedroom Apartments start at $1,245.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.