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Rental Market Trends in Kimball, MN

What is the average rent in Kimball, MN?

$642/month

Average Rent

710 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of April 2026, the average rent in Kimball, MN is $642 per month. This is 61% lower than the national average rent of $1,640/month, making renting in Kimball more affordable than most cities in the US. When you rent an apartment in Kimball, you can expect to pay about per month for a studio, $642 for a one-bedroom apartment, and around $752 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $995 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$642/month
710 Sq Ft
Two Bedroom
$752/month
750 Sq Ft
Three Bedroom
$995/month
960 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Kimball, MN?

In the past year, rent has increased by 2.6%, which averages out to $17 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Kimball, MN
Last Updated April 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Kimball, MN
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 $642, you’ll want to make about $2,140 per month or $25,680 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.

City

Kimball, MN

1 Available Apartments for Rent

Search for Nearby Apartments

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.

Apartment Averages

Apartment communities in Kimball we think you'll love

Oak Place Apartments

Oak Place Apartments

44 Oak St N,
Kimball, MN 55353

$795 Plus Fees

1 Bed

St. Anthony's Manor

St. Anthony's Manor

131 Church St,
Watkins, MN

Call for Rent

1 Bed

13796 Hwy 55

13796 Hwy 55

13796 Hwy 55,
Annandale, MN 55302

$2,500 Total Monthly Price

2 Beds | 12 Month Lease

Grand Gateway

Grand Gateway

4005 24th St S,
Saint Cloud, MN 56301

$1,148 - $2,445 Plus Fees

1-3 Beds

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United States Minnesota Kimball Rental Trends

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 February 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity