97 7th Ave S
WahpetonND58075
Cheap Homes for Rent in Kensington, MN from $300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Kensington.
902 1st St S
WahpetonND58075
500 1st Ave S
FairmountND58030
539 Pacific Ave SW
WillmarMN56201
704 1st St S
WillmarMN56201
1628 8th St N
WahpetonND58075
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.
318 S 3rd St
MilanMN56262
316 S 3rd St
MilanMN56262
308 S 3rd St
MilanMN56262
311 5th St S
Grove CityMN56243
512 Maple Ln
Grove CityMN56243
702 8th Ave N
WahpetonND58075
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.
6445 132nd Ave NE
SpicerMN56288
Showing Results 1-13, Page 1 of 1
Kensington, MN Local Guide
Kensington, Minnesota by Andrew Filer is licensed under CC BY 2.0
How much does it cost to rent a home in Kensington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kensington 2 Bedroom Homes for Rent | $1,264 | $300 | $2,400 |
| Kensington 3 Bedroom Homes for Rent | $1,409 | $1,175 | $1,600 |
| Kensington 4 Bedroom Homes for Rent | $2,576 | $1,450 | $4,000 |
| Kensington 5 Bedroom Homes for Rent | $1,850 | $1,200 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Kensington
Explore Kensington
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 Riverside Apartments priced from $695. North Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Kensington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments | 911 studios | Studio,1BA | $695 |
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $761 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Twenty08 Apartments | A.1 TIF | Studio,1BA | $820 |
Best Value Apartments for Rent in Kensington, MN and Nearby
As of April 18, 2026 the best value apartment in the Kensington area is the $1.20 price per square foot 2 Bedrooms, 2 full, 1474 sqft, 3709 South Broad... Model at Lakewood Terrace-3707 in the starting from $1,765. The second greatest value Kensington apartment is the 2B2B C Model at Mainstreeter Apartment Homes starting at $1,595 with a $1.38 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. |
|---|---|---|---|
| Lakewood Terrace-3707 | 2 Bedrooms, 2 full, 1474 sqft, 3709 South Broad... | 2BR,2BA | $1.20 |
| Mainstreeter Apartment Homes | 2B2B C | 2BR,2BA | $1.38 |
| Central Lakes | C.3 | 2BR,2BA | $1.35 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Lakewood Apartments | 2 BD/1 BA | 2BR,1BA | $1.41 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Westfield Apartments | 1 Bed 1 Bath Bld 1&2 | 1BR,1BA | $1.47 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $1.52 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Explore Kensington, MN Rentals by Map
See the most popular apartments and homes in Kensington, MN
Frequently Asked Questions about Kensington
What type of rentals are currently available in Kensington?
There are currently 62 Apartments for Rent in Kensington, MN with pricing that ranges from $695 to $2,719. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kensington ranging from $275 to $4,000.
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 $4,000 with an average monthly rent of $1,558.
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 $1,145 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,270.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.