
Cheap Apartments for Rent in the Greater Central Neighborhood of Minneapolis, MN from $420 (221 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Central area of Minneapolis.


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Spruce Place Apartments

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Rose

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Brentwood Apartments

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Lilium Apartments and Centennial Place

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Copenhagen Enterprises

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Haverhill Apartments

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Copenhagen Enterprises

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Loring Manor Apartments

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Stradford Flats
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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Stevens Community Apartments

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The Roselle

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Lowry Hill Apartments

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The Park Apartments

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Stage Apartments, LLC

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Best Apartments

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The Commodore

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Loring Park Flats

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Hawthorne Gates

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Loring Grove Apartments
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

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225–233 Oak Grove – Oak Grove Downtown

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Abbott Apartments

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The Villa Apartments

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507 East 14th

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Cromwell Commons

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Oak Grove Apartment Hotel

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225 Place Apartments

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The Buckingham Apartments

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St. George 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.

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Three-Thirty-Three Oak Grove

220 E 19th St

1920 Stevens Ave, Unit 5

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1901 Lyndale

431 S 7th St

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LaSalle Apartments

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St Anthony Mills Apartments

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The Parkway Apartments

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Bryant Towers

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City Place Lofts
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

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Grove 94

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The Elms

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Nico East

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Ladder 260

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Marquee

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242 West Franklin Ave

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Laurel Village

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Aberdeen Apartments

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1400–1408 Spruce Pl – Oak Grove Downtown
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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 | $1,299 | $653 | $2,301 |
| Greater Central 1 Bedroom Apartments | $1,724 | $782 | $6,629 |
| Greater Central 2 Bedroom Apartments | $2,675 | $907 | $8,928 |
| Greater Central 3 Bedroom Apartments | $3,940 | $1,325 | $9,203 |
| Greater Central 4 Bedroom Apartments | $5,341 | $5,341 | $5,341 |
Browse Apartments in this Neighborhood
There are currently 221 rentals with your search options within a 1 mile radius of the Greater Central Neighborhood of Minneapolis, MN.
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Greater Central, Minneapolis, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Spruce Place Apartments | Studio | Studio,1BA | $695 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $732 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $762 |
| Haverhill Apartments | 0BR/1.0BA | Studio,1BA | $767 |
| Loring Manor Apartments | Studio | Studio,1BA | $775 |
| Stradford Flats | Studio | Studio,1BA | $783 |
| Stevens Community Apartments | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Three-Thirty-Three Oak Grove | 2bed 2bath with large deck | 2BR,2BA | $1.36 |
| Rose | 2 Bedroom, Market Rate | 2BR,1BA | $1.72 |
| 1785 Bryant Ave S | 2BR/1.0BA | 2BR,1BA | $1.49 |
| St Anthony Mills Apartments | 1 Bedroom | 1BR,1BA | $1.61 |
| Many Rivers West | 1 Bedroom | 1BR,1BA | $1.60 |
| East Town Apartments | Van Brocklin - 1 Bedroom | 1BR,1BA | $1.47 |
| 1901 Lyndale | 1BR/1.0BA | 1BR,1BA | $1.66 |
| Best Apartments | Studio | Studio ,1BA | $1.67 |
| Stevens Community Apartments | Studio | Studio ,1BA | $1.59 |
| Spruce Place Apartments | Studio | Studio ,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.
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 ArticleNavigating 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.
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 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.