
Cheap Homes for Rent in the Central Neighborhood of Minneapolis, MN from $1,545 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Central area of Minneapolis.


3348 3rd Ave S
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.

3348 3rd Ave S

3227 Portland Ave
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3227 Portland Ave S
Central, Minneapolis, MN Local Guide

How much does it cost to rent a home in Central?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central 2 Bedroom Homes for Rent | $1,647 | $1,545 | $1,895 |
| Central 3 Bedroom Homes for Rent | $1,898 | $1,795 | $2,200 |
| Central 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Central 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Central Neighborhood of Minneapolis, MN.
Explore Minneapolis
Cheapest Available Central Apartments for Rent
 The cheapest available apartment rental in the Central area of Minneapolis, MN is a 1 Bed unit found at 3533 2nd Avenue priced from $880. 3336 4th Ave S has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,595. Here are the most affordable Central apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3533 2nd Avenue | 3533 2nd Ave - 1 Bedroom | 1BR,1BA | $880 |
| 3336 4th Ave S | 3 Beds, 1 Baths | 3BR,1BA | $1,595 |
| The Central | Lynhurst | 2BR,1BA | $1,673 |
Best Value Apartments for Rent in Central, MN
As of September 06, 2026 the best value apartment in the Central area is the $1.45 price per square foot 3 Beds, 1 Baths Model at 3336 4th Ave S in the in the Powderhorn neighborhood starting from $1,595. The second greatest value Central apartment is the Lynhurst Model at The Central starting at $1,673 with a $2.29 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3336 4th Ave S | 3 Beds, 1 Baths | 3BR,1BA | $1.45 |
| The Central | Lynhurst | 2BR,1BA | $2.29 |
| 3533 2nd Avenue | 3533 2nd Ave - 1 Bedroom | 1BR,1BA | $1.53 |
Frequently Asked Questions about Central
What type of rentals are currently available in Central?
There are currently 63 Apartments for Rent in Central, MN with pricing that ranges from $1,000 to $2,200. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central ranging from $1,545 to $2,995.
What is the current price range for Rental Homes in Central?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central ranges from $1,545 to $2,995 with an average monthly rent of $1,790.
How much are larger Three and Four Bedroom Rentals in Central?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central range from $1,695 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,200. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,200.
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

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.