Cheap Homes for Rent in Kenwood Neighborhood of Minneapolis, MN from $1,000 (23 Rentals)

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Search the lowest-cost Homes available for rent right now in the Kenwood area of Minneapolis.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 2608 2nd Ave S

2608 2nd Ave S

MinneapolisMN55408

Navigating 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.

property at 1815 Clinton Ave

1815 Clinton Ave

MinneapolisMN55404

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.

property at 1721 W Lake St

1721 W Lake St

MinneapolisMN55408

Kenwood - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

property at 10 E 26th St

10 E 26th St

MinneapolisMN55404

Kenwood, Minneapolis, MN Local Guide

Cheapest Available Kenwood Apartments for Rent

 

The cheapest available apartment rental in the Kenwood area of Minneapolis, MN is a Studio unit found at Shoreline Plaza priced from $653. Stevens Community Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Kenwood apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Shoreline PlazaStudioStudio,1BA$653
Stevens Community ApartmentsStudioStudio,1BA$700
3415 Nicollet Avenue3415 Nicollet Ave - StudioStudio,1BA$735
3419 Nicollet Avenue3419 Nicollet Ave - StudioStudio,1BA$740
Colfax ManorStudio AStudio,1BA$745

Best Value Apartments for Rent in Kenwood, MN

As of May 11, 2025 the best value apartment in the Kenwood area is the $1.33 price per square foot 3302 Harriet Ave Model at 3302 Harriet Ave, Unit 2 in the in the Lowry Hill East neighborhood starting from $3,200. The second greatest value Kenwood apartment is the 1023 James Ave N Model at 1023 James Ave N, Unit 1023 starting at $1,500 with a $0.69 price per square foot in the Greater Near North neighborhood. Here is today’s list of the best values for Kenwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3302 Harriet Ave, Unit 23302 Harriet Ave4BR,2BA$1.33
1023 James Ave N, Unit 10231023 James Ave N2BR,1BA$0.69
3012 James Ave S, Unit 53012 James Ave S3BR,2BA$1.36
1810/12 Bryant Ave S2BR/1.0BA2BR,1BA$1.25
2828 Blaisdell Ave, Unit 2 Bedroom Apartment2828 Blaisdell Ave2BR,1BA$1.35
CourtyardTwo Bedroom 21A2BR,1BA$1.36
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
3528 Pleasant Ave S2BR/1.0BA2BR,1BA$1.33
242 West Franklin Ave1BR/1.0BA1BR,1BA$1.35
3033 Grand Avenue S.3033 Grand Ave S - 1 Bedroom1BR,1BA$1.30

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Kenwood

What type of rentals are currently available in Kenwood?

There are currently 1393 Apartments for Rent in Kenwood, MN with pricing that ranges from $653 to $15,685. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kenwood ranging from $1,025 to $7,900.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Kenwood ranges from $1,025 to $7,900 with an average monthly rent of $2,997.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Kenwood range from $1,650 to $11,632, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $1,955.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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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.

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

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.