Cheap Apartments for Rent in the Greater Central Neighborhood of Minneapolis, MN from $420 (221 Rentals)

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Shoreline Plaza
$653 - $1,325

Total Monthly Price

Base Rent$653 - $1,325

Total Monthly Price$653 - $1,325
Studio to 1 Bedroom Apartments Available Now

Shoreline Plaza

15 E Grant StMinneapolis, MN 55403
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Rose
$725 - $1,695

Total Monthly Price

Base Rent$725 - $1,695

Total Monthly Price$725 - $1,695
1 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rose

1928 Portland AveMinneapolis, MN 55404
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Brentwood Apartments
$732 - $847

Total Monthly Price

Base Rent$715 - $830
Required Monthly Fees$17

Total Monthly Price$732 - $847
Studio to 1 Bedroom Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
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Copenhagen Enterprises
$750 - $1,150

Total Monthly Price

Base Rent$750 - $1,150

Total Monthly Price$750 - $1,150
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Sep 18

Copenhagen Enterprises

26 Oak Grove StMinneapolis, MN 55403
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Haverhill Apartments
Rent Specials
$767 - $812

Total Monthly Price

Base Rent$750 - $795
Required Monthly Fees$17

Total Monthly Price$767 - $812
Studio to 1 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
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Copenhagen Enterprises
$775 - $925

Total Monthly Price

Base Rent$775 - $925

Total Monthly Price$775 - $925
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Oct 1

Copenhagen Enterprises

1706 Stevens AveMinneapolis, MN 55403
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Stradford Flats
$788 - $1,361

Total Monthly Price

Base Rent$788 - $1,361

Total Monthly Price$788 - $1,361
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Stradford Flats

16 E 15th StMinneapolis, MN 55403
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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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The Roselle
Rent Specials
$800 - $1,056

Total Monthly Price

Base Rent$800 - $1,056

Total Monthly Price$800 - $1,056
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now

The Roselle

910 Portland Ave SMinneapolis, MN 55404
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The Park Apartments
$820 - $910

Total Monthly Price

Base Rent$820 - $910

Total Monthly Price$820 - $910
Studio to 1 Bedroom Apartments Available Sep 18

The Park Apartments

1430 Spruce PlMinneapolis, MN 55403
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Stage Apartments, LLC
$820 - $1,140

Total Monthly Price

Base Rent$820 - $1,140

Total Monthly Price$820 - $1,140
Studio Apartments Available Oct 1

Stage Apartments, LLC

814-816 Hennepin AveMinneapolis, MN 55403
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Best Apartments
$835 - $1,040

Total Monthly Price

Base Rent$835 - $1,040

Total Monthly Price$835 - $1,040
1 Month Lease Term
Studio to 1 Bedroom Apartments Available Now

Best Apartments

2006-2008 Park AveMinneapolis, MN 55404
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The Commodore
$845 - $1,200

Total Monthly Price

Base Rent$845 - $1,200

Total Monthly Price$845 - $1,200
Studio to 1 Bedroom Apartments Available Now

The Commodore

1417 LaSalle AveMinneapolis, MN 55403
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Loring Park Flats
$850 - $950

Total Monthly Price

Base Rent$850 - $950

Total Monthly Price$850 - $950
Studio to 1 Bedroom Apartments Available Now

Loring Park Flats

330 Oak Grove StMinneapolis, MN 55403
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Hawthorne Gates
$850 - $1,085

Total Monthly Price

Base Rent$850 - $1,085

Total Monthly Price$850 - $1,085
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now

Hawthorne Gates

1205 Hawthorne AveMinneapolis, MN 55403
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Loring Grove Apartments
$855 - $1,025

Total Monthly Price

Base Rent$855 - $1,025

Total Monthly PriceVaries
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Oct 8

Loring Grove Apartments

125 Oak Grove StMinneapolis, MN 55403
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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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Oak Grove Downtown
$860 - $865

Total Monthly Price

Base Rent$845 - $850
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
Studio Apartments Available Now

Oak Grove Downtown

116 Oak Grove StMinneapolis, MN 55403
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Abbott Apartments
Rent Specials
$895 - $1,550

Total Monthly Price

Base Rent$895 - $1,550

Total Monthly Price$895 - $1,550
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Abbott Apartments

110 18th St EMinneapolis, MN 55403
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The Villa Apartments
$900 - $925

Total Monthly Price

Base Rent$850 - $875
Required Monthly Fees$50

Total Monthly Price$900 - $925
12 Month Lease Term
Studio Apartments Available Oct 1

The Villa Apartments

1111 S 7th StMinneapolis, MN 55415
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507 East 14th
$900 - $950

Total Monthly Price

Base Rent$900 - $950

Total Monthly Price$900 - $950
12 Month Lease Term
1 Bedroom Apartments Available Nov 1

507 East 14th

507 E 14th StMinneapolis, MN 55404
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Cromwell Commons
$903

Total Monthly Price

Base Rent$903

Total Monthly Price$903
12 Month Lease Term
1 Bedroom Apartments Available Nov 6

Cromwell Commons

10 E 15th StMinneapolis, MN 55403
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Oak Grove Apartment Hotel
Rent Specials
$905 - $1,060

Total Monthly Price

Base Rent$905 - $1,060

Total Monthly Price$905 - $1,060
12 Month Lease Term
Studio to 1 Bedroom Apartments Available Now

Oak Grove Apartment Hotel

230 Oak Grove StMinneapolis, MN 55403
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225 Place Apartments
Rent Specials
$907 - $957

Total Monthly Price

Base Rent$899 - $949
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio Apartments Available Now

225 Place Apartments

225 W 15th StMinneapolis, MN 55403
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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

Base Rent$950

Total Monthly Price$950
1 To 2 Bedroom Rentals
Available Now
Affordability

220 E 19th St

MinneapolisMN55403
property at 431 S 7th St
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
Studio Rentals
Available Now
Affordability

431 S 7th St

MinneapolisMN55415
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LaSalle Apartments
Rent Specials
$1,014 - $1,684

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 Now

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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St Anthony Mills Apartments
Rent Specials
$1,020 - $1,475

Total Monthly Price

Base Rent$1,020 - $1,475

Total Monthly Price$1,020 - $1,475
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

St Anthony Mills Apartments

720 Washington Ave SMinneapolis, MN 55415
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Bryant Towers
$1,030

Total Monthly Price

Base Rent$875
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio Apartments Available Oct 1

Bryant Towers

2001 Bryant Ave SMinneapolis, MN 55405
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City Place Lofts
Rent Specials
$1,044 - $1,249

Total Monthly Price

Base Rent$1,040 - $1,245
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

City Place Lofts

730 Hennepin AveMinneapolis, MN 55403
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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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Ridgewood Arches
Rent Specials
$1,050 - $1,685

Total Monthly Price

Base Rent$1,050 - $1,685

Total Monthly Price$1,050 - $1,685
1 Bedroom Apartments Available Now

Ridgewood Arches

221-229 Ridgewood AveMinneapolis, MN 55403
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Grove 94
$1,050 - $1,450

Total Monthly Price

Base Rent$1,050 - $1,450

Total Monthly Price$1,050 - $1,450
1 to 2 Bedroom Apartments Available Now

Grove 94

215 Oak Grove StMinneapolis, MN 55403
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The Elms
Rent Specials
$1,056 - $1,187

Total Monthly Price

Base Rent$1,056 - $1,187

Total Monthly Price$1,056 - $1,187
Studio to 1 Bedroom Apartments Available Now

The Elms

1400-1420 Portland AveMinneapolis, MN 55404
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Nico East
Rent Specials
$1,057 - $1,888

Total Monthly Price

Base Rent$1,057 - $1,888

Total Monthly Price$1,057 - $1,888
Studio to 2 Bedroom Apartments Available Now

Nico East

1725 Nicollet AveMinneapolis, MN 55403
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Ladder 260
$1,062 - $1,418

Total Monthly Price

Base Rent$1,062 - $1,418

Total Monthly Price$1,062 - $1,418
Studio to 1 Bedroom Apartments Available Now

Ladder 260

260 Portland AveMinneapolis, MN 55415
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Marquee
Rent Specials
$1,078 - $3,208

Total Monthly Price

Base Rent$1,078 - $3,208

Total Monthly Price$1,078 - $3,208
Studio to 2 Bedroom Apartments Available Now

Marquee

1410 Nicollet AveMinneapolis, MN 55403
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242 West Franklin Ave
$1,080 - $1,160

Total Monthly Price

Base Rent$925 - $1,005
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 1 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

Total Monthly Price

Base Rent$1,100 - $2,500

Total Monthly Price$1,100 - $2,500
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Soon

Laurel Village

1254 Hennepin Ave NMinneapolis, MN 55403
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Aberdeen Apartments
$1,100 - $1,550

Total Monthly Price

Base Rent$1,100 - $1,550

Total Monthly Price$1,100 - $1,550
3 Month Lease Term
Studio Apartments Available Nov 1

Aberdeen Apartments

500 E 14th StMinneapolis, MN 55404
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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. Spruce Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Greater Central apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Shoreline PlazaStudioStudio,1BA$653
Spruce Place ApartmentsStudioStudio,1BA$695
Holmes Park Village2 Bedroom2BR,1BA$723
Brentwood Apartments0BR/1.0BAStudio,1BA$732
Lilium Apartments and Centennial Place900 Centennial Place StudioStudio,1BA$750
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$762
Haverhill Apartments0BR/1.0BAStudio,1BA$767
Loring Manor ApartmentsStudioStudio,1BA$775
Stradford FlatsStudioStudio,1BA$783
Stevens Community ApartmentsStudioStudio,1BA$795

Best Value Apartments for Rent in Greater Central, MN

As of September 13, 2026 the best value apartment in the Greater Central area is the $1.36 price per square foot 2bed 2bath with large deck Model at Three-Thirty-Three Oak Grove in the in the Greater Central neighborhood starting from $1,500. The second greatest value Greater Central apartment is the 2 Bedroom, Market Rate Model at Rose starting at $1,695 with a $1.72 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 Grove2bed 2bath with large deck2BR,2BA$1.36
Rose2 Bedroom, Market Rate2BR,1BA$1.72
1785 Bryant Ave S2BR/1.0BA2BR,1BA$1.49
St Anthony Mills Apartments1 Bedroom1BR,1BA$1.61
Many Rivers West1 Bedroom1BR,1BA$1.60
East Town ApartmentsVan Brocklin - 1 Bedroom1BR,1BA$1.47
1901 Lyndale1BR/1.0BA1BR,1BA$1.66
Best ApartmentsStudioStudio ,1BA$1.67
Stevens Community ApartmentsStudioStudio ,1BA$1.59
Spruce Place ApartmentsStudioStudio ,1BA$1.54

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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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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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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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.

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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 $795.

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

The cheapest apartment in Greater Central is Haverhill Apartments which is listed at $782, while the average apartment in Greater Central costs $1,733.

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 76 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 $329 which is $1,404 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.

Helpful Local Expert Guides

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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

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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

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

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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.