
Cheap Homes for Rent in Kensington, MN from $300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Kensington.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

902 1st St S
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

500 1st Ave S
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 | $987 | $300 | $1,550 |
Kensington 3 Bedroom Homes for Rent | $1,748 | $1,695 | $1,850 |
Kensington 4 Bedroom Homes for Rent | $1,248 | $950 | $1,600 |
Browse Top Homes for Rent in Kensington
Explore Kensington
Kensington, MN Local Guide
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Best Value Apartments for Rent in Kensington, MN and Nearby
As of June 05, 2025 the best value apartment in the Kensington area is the $1.10 price per square foot 3B2B - CONTACT FOR AVAILABILITY Model at Pheasant Run Apartments in the starting from $1,325. The second greatest value Kensington apartment is the One Bedroom Model at The Rune starting at $2,023 with a $1.93 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 - CONTACT FOR AVAILABILITY | 3BR,2BA | $1.10 |
The Rune | One Bedroom | 1BR,1BA | $1.93 |
Granite Manor/Runestone | Two bedroom/ 1 3/4 Bath | 2BR,1.5BA | $1.41 |
Broadway Garden Estates | 1 bedroom 1 bathroom | 1BR,1BA | $1.68 |
Hatchery Row | One Bedroom/ One Bathroom | 1BR,1BA | $1.56 |
Oak Knoll Complex | 2 Bed | 2BR,1BA | $1.03 |
Central Lakes | B.4 (Plus Den) | 1BR,1BA | $1.56 |
10th Avenue Apartments | 1770 - 1BD/1BA | 1BR,1BA | $1.81 |
Lincoln Apartments | Lincoln Apartments | 2BR,1BA | $1.81 |
Natures Edge Partners LLC | 1B1B MKT | 1BR,1BA | $1.52 |
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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 $600 to $2,195. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington ranging from $275 to $1,850.
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 $1,850 with an average monthly rent of $1,082.
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 $1,000 to $1,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $1,850. Four Bedroom Single-Family rentals are also available starting from $950 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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.

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.

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.