Cheap Apartments for Rent in the Greater Central Neighborhood of Minneapolis, MN from $400 (204 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
Student Housing
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  • Customer Reviewed
  • 3D Tour

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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property at 1910 1st Ave S

$825 - $990

Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825

Studio To 1 Bedroom Rentals

Available Now

1910 1st Ave S

MinneapolisMN55403

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 706 S 9th St

$895 - $925

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

Studio Rentals

Available Now

706 S 9th St

MinneapolisMN55404
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The Jameson Apartments
$899 - $1,099
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$899 - $1,099
Total Monthly Price
$899 - $1,099
1 Bedroom Apartments Available Apr 1

The Jameson Apartments

606 E 15th StMinneapolis, MN 55404
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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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Drexel Apartments
$990 - $1,455
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,455
Total Monthly Price
$990 - $1,455
1 to 2 Bedroom Apartments Available Now

Drexel Apartments

1009 Park AveMinneapolis, MN 55404
Transit Friendly
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  • Utilities Included

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.

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The Elms
$1,056 - $1,187
Plus Fees
Studio to 1 Bedroom Apartments Contact Us For Availability

The Elms

1400-1420 Portland AveMinneapolis, MN 55404
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The Art of the Rental Viewing: What to look for during a property tour

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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. Shoreline Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $653. Here are the most affordable Greater Central apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Paige HallEfficiencyStudio,1BA$551
Shoreline PlazaStudioStudio,1BA$653
Buri ManorEfficiencyStudio,1BA$699
Oak Grove Apartment Hotel0BR/1.0BAStudio,1BA$700
Brentwood Apartments0BR/1.0BAStudio,1BA$717
Holmes Park Village2 Bedroom2BR,1BA$723
Copenhagen Enterprises507 E 14th St StudioStudio,1BA$750
Lilium Apartments and Centennial Place900 Centennial Place StudioStudio,1BA$750
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$772
Loring Manor ApartmentsStudioStudio,1BA$775

Best Value Apartments for Rent in Greater Central, MN

As of March 15, 2026 the best value apartment in the Greater Central area is the $1.39 price per square foot 926 13th Ave S Model at 926 13th Ave S, Unit 2 in the in the Greater Central neighborhood starting from $2,950. The second greatest value Greater Central apartment is the 2 Bedroom Market Model at The Jourdain starting at $1,560 with a $1.60 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.
926 13th Ave S, Unit 2926 13th Ave S4BR,2BA$1.39
The Jourdain2 Bedroom Market2BR,1BA$1.60
The Villa Apartments2BR/1.0BA2BR,1BA$1.50
1785 Bryant Ave S2BR/1.0BA2BR,1BA$1.38
Haverhill Apartments2BR/1.0BA2BR,1BA$1.18
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
1400-1408 Spruce Pl – Oak Grove DowntownSpruce - A21BR,1BA$1.60
1786 Hennepin Ave S1786 Hennepin Ave S1BR,1BA$1.59
Spruce Place Apartments1 Bed1BR,1BA$1.45
Oak Grove Apartment Hotel0BR/1.0BAStudio ,1BA$1.57

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 a cheap apartment in Greater Central?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greater Central is under $775.

What is the price of a cheap apartment in Greater Central?

The cheapest apartment in Greater Central is Stradford Flats which is listed at $790, while the average apartment in Greater Central costs $4,145.

What types of apartments are the cheapest in Greater Central?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 109 regular apartments in Greater Central that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Greater Central?

Cheap apartments in Greater Central have an average cost of $259 which is $3,886 cheaper than the average rent for all rentals in Greater Central.

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.

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

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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

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