Cheap Apartments for Rent in the Greater Central Neighborhood of Minneapolis, MN from $400 (191 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 Paige Hall priced from $551. Shelby Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $624. Here are the most affordable Greater Central apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Paige HallEfficiencyStudio,1BA$551
Shelby CommonsOne Bedroom1BR,1BA$624
Shoreline PlazaStudioStudio,1BA$653
Buri ManorEfficiencyStudio,1BA$699
Stevens Community ApartmentsStudioStudio,1BA$700
The BalmoralEfficiencyStudio,1BA$718
Holmes Park Village2 Bedroom2BR,1BA$723
Brentwood | Origen Living0BR/1.0BAStudio,1BA$725
Copenhagen Enterprises1728 3rd Ave StudioStudio,1BA$725
Loring Manor ApartmentsStudioStudio,1BA$775

Best Value Apartments for Rent in Greater Central, MN

As of June 15, 2025 the best value apartment in the Greater Central area is the $1.09 price per square foot 1 bed 1 Beth Model at Three-Thirty-Three Oak Grove in the in the Greater Central neighborhood starting from $950. The second greatest value Greater Central apartment is the 1815 10th Ave S Model at 1815 10th Ave S, Unit 3 starting at $1,150 with a $1.35 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.
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
1815 10th Ave S, Unit 31815 10th Ave S1BR,1BA$1.35
242 West Franklin Ave1BR/1.0BA1BR,1BA$1.35
FITClassic - One Bedroom1BR,1BA$1.41
1912 Stevens Ave1 bedroom1BR,1BA$1.50
Shelby CommonsOne Bedroom1BR,1BA$0.90
1786 Hennepin Ave S, Unit 111786 Hennepin Ave S1BR,1BA$1.59
Haverhill | Origen Living1BR/1.0BA1BR,1BA$1.51
Yale Place Apartments1 Bedroom1BR,1BA$1.54
Stevens Community ApartmentsStudioStudio ,1BA$1.40

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Greater Central, Minneapolis, MN

Ranked #17

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Paige Hall listed at $551.

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

The lowest price for a Cheap One Bedroom Greater Central Apartment is $624 at Shelby Commons.

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

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.