
Cheap Apartments for Rent in the Greater Central Neighborhood of Minneapolis, MN from $400 (203 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Central area of Minneapolis.


Rose

1820 1st Ave S

Lilium Apartments and Centennial Place

Copenhagen Enterprises

Total Monthly Price
Brentwood Apartments

Total Monthly Price
Haverhill Apartments

Stevens Community Apartments

Spruce Place Apartments

The Roselle
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.

Loring Manor Apartments

Stage Apartments, LLC

Total Monthly Price
Lowry Hill Apartments

The Park Apartments

Best Apartments

Stradford Flats

The Parkway Apartments

Hawthorne Gates

Total Monthly Price
Loring Grove Apartments

Total Monthly Price
Oak Grove Downtown
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.

Total Monthly Price
225–233 Oak Grove – Oak Grove Downtown

Total Monthly Price
The Villa Apartments

Cromwell Commons

Abbott Apartments

Grove 94

The Commodore

St. George Apartments

Oak Grove Apartment Hotel

The Buckingham Apartments

Total Monthly Price
The Jameson Apartments
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.

Three-Thirty-Three Oak Grove

Loring Park Flats

220 E 19th St

Total Monthly Price
225 Place Apartments

Ladder 260

Total Monthly Price
440 Ridgewood Ave, Unit 440 Ridgewood

Loring Park

Total Monthly Price
LaSalle Apartments

Nico East

St Anthony Mills Apartments
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!

Total Monthly Price
City Place Lofts

Total Monthly Price
1400–1408 Spruce Pl – Oak Grove Downtown

The Elms

Total Monthly Price
242 West Franklin Ave

Marquee

Rivergate Apartments

Aberdeen Apartments

Laurel Village

Ridgewood Arches

Total Monthly Price
Lago Apartments
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

How much does it cost to rent an apartment in Greater Central?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater Central Studio Apartments | $1,293 | $653 | $2,209 |
| Greater Central 1 Bedroom Apartments | $1,769 | $782 | $6,729 |
| Greater Central 2 Bedroom Apartments | $2,769 | $907 | $9,228 |
| Greater Central 3 Bedroom Apartments | $4,508 | $1,325 | $10,000+ |
| Greater Central 4 Bedroom Apartments | $3,745 | $2,150 | $5,341 |
Browse Apartments in this Neighborhood
There are currently 203 rentals with your search options within a 1 mile radius of the Greater Central Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Greater Central, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| Copenhagen Enterprises | 1815 First Ave Studio | Studio,1BA | $750 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $752 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $772 |
| Haverhill Apartments | 1BR/1.0BA | 1BR,1BA | $782 |
| Stevens Community Apartments | Studio | Studio,1BA | $795 |
| Monadnock Apartments | 0 Beds, 1 Baths | Studio,1BA | $795 |
| Spruce Place Apartments | 1 Bed | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Loring Park | The Broadway | 2BR,2.5BA | $1.48 |
| Lee Lofts | Stonewash | 1BR,1BA | $1.71 |
| Three-Thirty-Three Oak Grove | 2bed 2bath with large deck | 2BR,2BA | $1.36 |
| Rose | 2 Bedroom, Market Rate | 2BR,1BA | $1.72 |
| Many Rivers West | 1 Bedroom | 1BR,1BA | $1.60 |
| St Anthony Mills Apartments | 1 Bedroom | 1BR,1BA | $1.76 |
| 440 Ridgewood Ave, Unit 440 Ridgewood | 440 Ridgewood Ave | 1BR,1BA | $1.59 |
| Spruce Place Apartments | 1 Bed | 1BR,1BA | $1.45 |
| Stevens Community Apartments | Studio | Studio ,1BA | $1.59 |
| Best Apartments | Studio | Studio ,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.
Read ArticleEnjoy 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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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

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.

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.

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.

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

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.

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.

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.

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.