Cheap Apartments for Rent in the Greater Central Neighborhood of Minneapolis, MN from $400 (194 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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214 Oak Grove | Origen Living
$692 - $712
Total Monthly Price

Total Monthly Price

Base Rent
$675 - $695
Required Monthly Fees
$17

Total Monthly Price
$692 - $712
Studio Apartments Available Now

214 Oak Grove | Origen Living

214 Oak Grove StMinneapolis, MN 55403
Affordability
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  • Low Income
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Brentwood Apartments
$712 - $832
Total Monthly Price

Total Monthly Price

Base Rent
$695 - $815
Required Monthly Fees
$17

Total Monthly Price
$712 - $832
Studio to 1 Bedroom Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
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  • Low Income
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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
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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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Haverhill Apartments
Rent Specials
$812 - $1,112
Total Monthly Price

Total Monthly Price

Base Rent
$795 - $1,095
Required Monthly Fees
$17

Total Monthly Price
$812 - $1,112
Studio to 2 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
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  • Low Income

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 Villa Apartments
$875
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825
Required Monthly Fees
$50

Total Monthly Price
$875
Studio Apartments Available Now

The Villa Apartments

1111 S 7th StMinneapolis, MN 55415
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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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Loring Grove Apartments
Rent Specials
$983 - $1,207
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875 - $1,099
Required Monthly Fees
$108

Total Monthly Price
$983 - $1,207
Studio to 1 Bedroom Apartments Available Nov 5

Loring Grove Apartments

125 Oak Grove StMinneapolis, MN 55403
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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
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LaSalle Apartments
Rent Specials
$1,000 - $1,644
Total Monthly Price

Total Monthly Price

Base Rent
$985 - $1,629
Required Monthly Fees
$15

Total Monthly Price
$1,000 - $1,644
Studio to 1 Bedroom Apartments Available Nov 1

LaSalle Apartments

36 S 9th StMinneapolis, MN 55402
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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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FIT
Rent Specials
$1,153 - $1,858
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,850
Required Monthly Fees
$8

Total Monthly Price
$1,153 - $1,858
Studio to 2 Bedroom Apartments Available Now

FIT

515 E Grant StMinneapolis, MN 55404
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The Larking
Rent Specials
$1,159 - $6,455
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $6,395
Required Monthly Fees
$60

Total Monthly Price
$1,159 - $6,455
Studio to 3 Bedroom Apartments Available Now

The Larking

615 S 8th StMinneapolis, MN 55404
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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.

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
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$692
Spruce Place ApartmentsStudioStudio,1BA$695
Buri ManorEfficiencyStudio,1BA$699
Stevens Community ApartmentsStudioStudio,1BA$700
Brentwood Apartments0BR/1.0BAStudio,1BA$712
The BalmoralEfficiencyStudio,1BA$718
Holmes Park Village2 Bedroom2BR,1BA$723

Best Value Apartments for Rent in Greater Central, MN

As of October 30, 2025 the best value apartment in the Greater Central area is the $1.00 price per square foot Type E Model at 416 Flats in the in the Greater Central neighborhood starting from $1,295. The second greatest value Greater Central apartment is the 4BR/1.0BA Model at 1804 16th Ave S starting at $1,749 with a $1.46 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.
416 FlatsType E1BR,1BA$1.00
1804 16th Ave S4BR/1.0BA4BR,1BA$1.46
1400-1408 Spruce Pl – Oak Grove DowntownSpruce 2 Bedroom2BR,1BA$1.43
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
Best ApartmentsOne Bedroom1BR,1BA$1.34
St. George ApartmentsStudio-DeluxeStudio ,1BA$1.41
1786 Hennepin Ave S, Unit 111786 Hennepin Ave S1BR,1BA$1.59
Copenhagen Enterprises1815 First Ave 1BR1BR,1BA$1.45
Oak Grove Apartment Hotel0BR/1.0BAStudio ,1BA$1.34
Stevens Community ApartmentsStudioStudio ,1BA$1.40

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Pet Friendly Lifestyle
Greater Central, Minneapolis, MN

Ranked #16

Among cities in Minnesota 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.