Cheap Apartments for Rent in the Greater Central Neighborhood of Minneapolis, MN from $400 (203 Rentals)

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

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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rose

1928 Portland AveMinneapolis, MN 55404
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property at 1820 1st Ave S

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

Studio, 1 Bath Home for Rent

Available Now

1820 1st Ave S

MinneapolisMN55403
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Brentwood Apartments
$752 - $782
Total Monthly Price

Total Monthly Price

Base Rent
$735 - $765
Required Monthly Fees
$17

Total Monthly Price
$752 - $782
Studio Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
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  • Low Income
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Haverhill Apartments
Rent Specials
$782 - $932
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $915
Required Monthly Fees
$17

Total Monthly Price
$782 - $932
Studio to 1 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
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  • Low Income

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.

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Loring Grove Apartments
$850 - $965
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850 - $965

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Sep 8

Loring Grove Apartments

125 Oak Grove StMinneapolis, MN 55403
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Oak Grove Downtown
$860 - $870
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$845 - $855
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Sep 11

Oak Grove Downtown

116 Oak Grove StMinneapolis, MN 55403
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  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Villa Apartments
$875 - $925
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825 - $875
Required Monthly Fees
$50

Total Monthly Price
$875 - $925
Studio Apartments Available Aug 1

The Villa Apartments

1111 S 7th StMinneapolis, MN 55415
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Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

property at 220 E 19th St

$950 - $1,150

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 To 2 Bedroom Rentals

Available Now

220 E 19th St

MinneapolisMN55403
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225 Place Apartments
Rent Specials
$953
Total Monthly Price

Total Monthly Price

Base Rent
$949
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
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LaSalle Apartments
Rent Specials
$1,014 - $1,684
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,669
Required Monthly Fees
$15

Total Monthly Price
$1,014 - $1,684
Studio to 1 Bedroom Apartments Available Aug 14

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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Greater Central - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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City Place Lofts
Rent Specials
$1,044 - $1,249
Total Monthly Price

Total Monthly Price

Base Rent
$1,040 - $1,245
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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242 West Franklin Ave
$1,065 - $1,480
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $1,325
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

242 West Franklin Ave

242 W Franklin AveMinneapolis, MN 55404
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Laurel Village
Rent Specials
$1,100 - $2,500
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For Availability

Laurel Village

1254 Hennepin Ave NMinneapolis, MN 55403
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Lago Apartments
Rent Specials
$1,129 - $2,159
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $2,155
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Lago Apartments

500 W Lake StMinneapolis, MN 55408
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Greater Central, Minneapolis, MN Local Guide

Cheapest Available Greater Central Apartments for Rent

 

The cheapest available apartment rental in the Greater Central area of Minneapolis, MN is a Studio unit found at Shoreline Plaza priced from $653. Holmes Park Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $723. Here are the most affordable Greater Central apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Shoreline PlazaStudioStudio,1BA$653
Holmes Park Village2 Bedroom2BR,1BA$723
Lilium Apartments and Centennial Place900 Centennial Place StudioStudio,1BA$750
Copenhagen Enterprises1815 First Ave StudioStudio,1BA$750
Brentwood Apartments0BR/1.0BAStudio,1BA$752
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$772
Haverhill Apartments1BR/1.0BA1BR,1BA$782
Stevens Community ApartmentsStudioStudio,1BA$795
Monadnock Apartments0 Beds, 1 BathsStudio,1BA$795
Spruce Place Apartments1 Bed1BR,1BA$800

Best Value Apartments for Rent in Greater Central, MN

As of July 29, 2026 the best value apartment in the Greater Central area is the $1.48 price per square foot The Broadway Model at Loring Park in the in the Greater Central neighborhood starting from $2,552. The second greatest value Greater Central apartment is the Stonewash Model at Lee Lofts starting at $1,902 with a $1.71 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Greater Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Loring ParkThe Broadway2BR,2.5BA$1.48
Lee LoftsStonewash1BR,1BA$1.71
Three-Thirty-Three Oak Grove2bed 2bath with large deck2BR,2BA$1.36
Rose2 Bedroom, Market Rate2BR,1BA$1.72
Many Rivers West1 Bedroom1BR,1BA$1.60
St Anthony Mills Apartments1 Bedroom1BR,1BA$1.76
440 Ridgewood Ave, Unit 440 Ridgewood440 Ridgewood Ave1BR,1BA$1.59
Spruce Place Apartments1 Bed1BR,1BA$1.45
Stevens Community ApartmentsStudioStudio ,1BA$1.59
Best ApartmentsStudioStudio ,1BA$1.67

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States, including Minneapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Greater Central Apartments

What is the Cheapest Studio apartment in Greater Central?

Currently the most affordable Cheap Studio Apartment in Greater Central is at Shoreline Plaza listed at $653.

How much is rent for a Cheap One Bedroom Greater Central Apartment?

The lowest price for a Cheap One Bedroom Greater Central Apartment is $782 at Haverhill Apartments.

What is the lowest price for a Cheap Two Bedroom Greater Central Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Greater Central is starting from $723 at Holmes Park Village.

What is the most affordable Greater Central Three Bedroom Apartment?

The best deal on a cheap Greater Central Three Bedroom Apartment rental is at Holmes Park Village and starts from $792.

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

Authentic Minneapolis: An Insider's 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.

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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.

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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.