Cheap Apartments for Rent in the Central Neighborhood of Minneapolis, MN from $800 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central area of Minneapolis.

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3153 Columbus Ave S
1 to 4 Bedroom Apartments

3153 Columbus Ave S

3153 Columbus Ave SMinneapolis, MN 55407
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3550 Park Ave S
Studio to 1 Bedroom Apartments

3550 Park Ave S

3550 Park Ave SMinneapolis, MN 55407

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.

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3123 2nd Ave S
Studio to 2 Bedroom Apartments

3123 2nd Ave S

3123 2nd Ave SMinneapolis, MN 55408
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3715 Oakland Ave
1 to 2 Bedroom Apartments

3715 Oakland Ave

3715 Oakland AveMinneapolis, MN 55407
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3540 5th Ave S
Studio Apartments

3540 5th Ave S

3540 5th Ave SMinneapolis, MN 55408
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3336 4th Ave S
3 Bedroom Apartments

3336 4th Ave S

3336 4th Ave SMinneapolis, MN 55408

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.

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E 36th St Apartments
Studio to 1 Bedroom Apartments

E 36th St Apartments

501 E 36th StMinneapolis, MN 55408
  • Utilities Included
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3001 N 3rd St
1 to 2 Bedroom Apartments

3001 N 3rd St

3001 3rd Ave SMinneapolis, MN 55408
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3533 2nd Avenue
1 to 2 Bedroom Apartments

3533 2nd Avenue

3533 2nd Ave SMinneapolis, MN 55408
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Sabathani Senior Housing
Studio to 2 Bedroom Apartments

Sabathani Senior Housing

3701 3rd AveMinneapolis, MN 55409
Senior Living
  • Utilities Included

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

Cheapest Available Central Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The CentralHoweStudio,1BA$1,028

Best Value Apartments for Rent in Central, MN

As of January 23, 2026 the best value apartment in the Central area is the $0.93 price per square foot 3233 Chicago Ave Model at 3233 Chicago Ave, Unit 2 in the in the Powderhorn neighborhood starting from $1,400. The second greatest value Central apartment is the Carag Model at The Central starting at $1,379 with a $2.68 price per square foot in the Powderhorn neighborhood. Here is today’s list of the best values for Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3233 Chicago Ave, Unit 23233 Chicago Ave2BR,1BA$0.93
The CentralCarag1BR,1BA$2.68

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.

Helpful Local Expert Guides

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

decorative image for Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes article

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Articles, How-To's, and Tips

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.