Apartment Rent in Kenwood

Minneapolis, Minnesota ยท MN

Avg 1BR Rent $1,125 /month

Rent by Bedroom Count

Studio $800/mo ~529 sq ft $1.51/sq ft
1 Bedroom $1,125/mo ~735 sq ft $1.53/sq ft
2 Bedrooms $1,675/mo ~1066 sq ft $1.57/sq ft
3 Bedrooms $2,400/mo ~1360 sq ft $1.76/sq ft

Market Metrics

Year-over-Year Change -0.1% Rents declining
Vacancy Rate 3% Very tight supply
Walk Score 52/100 Somewhat Walkable
Transit Score 47/100 Some Transit

What to Budget

At $1,125/mo for a 1-bedroom in Kenwood, you should budget at least $3,375/mo in gross income (the standard 30% rule). For a studio at $800/mo, you'd need roughly $2,400/mo.

Studio income needed $2,400/mo
1BR income needed $3,375/mo
2BR income needed $5,025/mo

Moving to Kenwood?

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