Oak Place Apartments
44 Oak St N,
Kimball, MN 55353
2 Beds | $875
Rental Market Trends in Kimball, MN
Updated August 2026
The average rent in Kimball, MN is $766/month.
Rent in Kimball is 54% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$766/month
Average Rent
710 Sq Ft
Average Size
+18.4%
Change / Year
1
Available Apartments
Kimball rent varies by unit size and layout:
- Studio apartments in Kimball average per month.
- One-bedroom apartments in Kimball average $766 per month.
- Two-bedroom apartments in Kimball average $742 per month.
- Three-bedroom apartments in Kimball average $987 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Kimball, MN?
In the past year, rent has increased by 18.4%, which averages out to $141 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Kimball, MN
August 2026
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
50%
Below $700/month
50%
$700 - $1,000/month
0%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Kimball, MN?
Because the average rent in Kimball is $766, you’ll want to make about $2,553 per month or $30,636 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Kimball, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Kimball, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Annandale
Avg Rent: $1,187/month
-
Saint Augusta
Avg Rent: $1,535/month
-
Cold Spring
Avg Rent: $803/month
-
Clearwater
Avg Rent: $1,123/month
-
Waite Park
Avg Rent: $944/month
Apartment Communities in Kimball We Think You'll Love
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Frequently Asked Questions
What is the average rent in Kimball?
The average rent in Kimball is $766 per month, which is 54.0% lower than the national average of $1,664.
Are rents going up or down in Kimball?
Rents in Kimball, MN are increasing, with prices up 18.4% year-over-year and $141 more per month.
What rent range is most common in Kimball?
In Kimball, MN, 50% of apartments fall below $700/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.