Cheap Apartments for Rent in Kensington, MN from $700 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in Kensington.

property at 902 1st St S
$400

Total Monthly Price

Base Rent$400

Total Monthly Price$400
2 Bedroom, 1 Bath Home for Rent
Available Now

902 1st St S

WahpetonND58075
property at 97 7th Ave S
$400

Total Monthly Price

Base Rent$400

Total Monthly Price$400
1 Bedroom, 1 Bath Home for Rent
Available Now

97 7th Ave S

WahpetonND58075
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North Valley Apartments
$700 - $1,100

Total Monthly Price

Base Rent$700 - $1,100

Total Monthly Price$700 - $1,100
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

North Valley Apartments

910 34th Ave WAlexandria, MN 56308
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  • Customer Reviewed
  • Utilities Included
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Central Lakes
$710 - $1,835

Total Monthly Price

Base Rent$710 - $1,835

Total Monthly Price$710 - $1,835
Studio to 3 Bedroom Apartments Available Now

Central Lakes

2106 Runestone AveAlexandria, MN 56308
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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McKay Apartments
$775 - $1,100

Total Monthly Price

Base Rent$775 - $1,100

Total Monthly Price$775 - $1,100
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

McKay Apartments

404 S Mckay AveAlexandria, MN 56308
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  • Utilities Included
  • Smoke Free

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.

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Somerset Apartments
$945 - $1,255

Total Monthly Price

Base Rent$945 - $1,255

Total Monthly Price$945 - $1,255
6 Month Lease Term
1 to 3 Bedroom Apartments Available Soon

Somerset Apartments

1120 Somerset RdFergus Falls, MN 56537
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  • Utilities Included
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property at 1100 Elizabeth Ave SE
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
2 Bedroom, 1 Bath Home for Rent
Available Now

1100 Elizabeth Ave SE

WillmarMN56201
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Granite Manor/Runestone
$953 - $1,763

Total Monthly Price

Base Rent$945 - $1,755
Required Monthly Fees$8

Total Monthly Price$953 - $1,763
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Granite Manor/Runestone

4727 Arbor Crossing SEAlexandria, MN 56308
Pet Friendly
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Page House
1 Bedroom Apartments

Page House

221 E Cavour AveFergus Falls, MN 56537
  • Utilities Included
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Osakis Community Manor
1 to 2 Bedroom Apartments

Osakis Community Manor

480 W Main StOsakis, MN 56360
Senior Living
  • Utilities Included
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Silverleaf Apartments
1 Bedroom Apartments

Silverleaf Apartments

124 E Summit AveFergus Falls, MN 56537
  • Utilities Included
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Goldenwood
1 to 2 Bedroom Apartments

Goldenwood

1145 Friberg AveFergus Falls, MN 56537
Senior Living
  • Utilities Included
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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
Corporate Housing
  • Utilities Included
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Carolina Village
1 to 2 Bedroom Apartments

Carolina Village

511 Carolina AveHoffman, MN 56339
  • Utilities Included
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Willow Square
1 Bedroom Apartments

Willow Square

305 N Clayborn AveParkers Prairie, MN 56361
Senior Living
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Greenleaf Apartments
1 Bedroom Apartments

Greenleaf Apartments

222 1st Ave NEEagle Bend, MN 56446
  • Utilities Included
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Aspen Green II
1 to 2 Bedroom Apartments

Aspen Green II

720 Melody LnFergus Falls, MN 56537
  • Utilities Included
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1504 & 1508 Jefferson St
1 to 2 Bedroom Apartments

1504 & 1508 Jefferson St

1504-1508 Jefferson StAlexandria, MN 56308
Student Housing
  • Utilities Included
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Eastside Acres
1 Bedroom Apartments

Eastside Acres

404 E 3rd StChokio, MN 56221
  • Utilities Included
property at 310 8th St N
$825

Total Monthly Price

Base Rent$825

Total Monthly Price$825
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now

310 8th St N

KerkhovenMN56252
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Lamplighter Apartments
1 to 2 Bedroom Apartments

Lamplighter Apartments

201 W 5th StMorris, MN 56267
Student Housing
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Kensington, MN Local Guide

Cheapest Available Kensington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Kensington, MN is a Studio unit found at North Valley Apartments priced from $700. 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 Kensington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Valley ApartmentsEfficiencyStudio, 1BA$700
Westfield Apartments1 bedroom1BR, 1BA$768
Twenty08 ApartmentsA.1 TIFStudio, 1BA$820
10th Avenue Apartments1873 - Studio/1BAStudio, 1BA$850
Water Station Apartments1 bedroom1BR, 1BA$860
Central LakesB.1 INCOME RESTRICTED1BR, 1BA$893
Cascade ApartmentsOne Bedroom1BR, 1BA$898
Spruce Place Apartments2 Bedroom | Laurel Place2BR, 1BA$900
Campus View Historic Apartments1 Beds, 1 Baths1BR, 1BA$900
Trailside Apartments - 55+ CommunityCOWDREY STUDIO - AVAILABLE FALL 2026!Studio, 1BA$923

Best Value Apartments for Rent in Kensington, MN and Nearby

As of September 19, 2026 the best value apartment in the Kensington area is the $1.34 price per square foot 3 Bedrooms, 2 full, 4727 Arbor Xing SE Model at Granite Manor/Runestone starting from $1,763. The second greatest value Kensington apartment is the 1 bedroom 1 bathroom Model at Broadway Garden Estates starting at $1,135 with a $1.19 price per square foot. Here is today’s list of the best values for Kensington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Granite Manor/Runestone3 Bedrooms, 2 full, 4727 Arbor Xing SE3BR, 2BA$1.34
Broadway Garden Estates1 bedroom 1 bathroom1BR, 1BA$1.19
Spruce Place Apartments2 Bedroom | Laurel Place2BR, 1BA$1.01
Runestone Grand Apartments2 Bedroom2BR, 1BA$1.07
Colonial Village ApartmentsColonial: 2 Bedroom Apt2BR, 1BA$1.13
Water Station Apartments1 bedroom1BR, 1BA$1.08
McKay Apartments2 Bed/1 Bath2BR, 1BA$1.38
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR, 1BA$1.30
Cascade ApartmentsOne Bedroom1BR, 1BA$1.33
Westfield Apartments1 bedroom1BR, 1BA$1.23

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.

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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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Kensington Apartments

What is the Cheapest Studio apartment in Kensington?

Currently the most affordable Cheap Studio Apartment in Kensington is at North Valley Apartments listed at $700.

How much is rent for a Cheap One Bedroom Kensington Apartment?

The lowest price for a Cheap One Bedroom Kensington Apartment is $768 at Westfield Apartments.

What is the lowest price for a Cheap Two Bedroom Kensington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Kensington is starting from $900 at Spruce Place Apartments.

What is the most affordable Kensington Three Bedroom Apartment?

The best deal on a cheap Kensington Three Bedroom Apartment rental is at 10th Avenue Apartments and starts from $1,095.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.