Cheap Apartments for Rent in the Greater Central Neighborhood of Minneapolis, MN from $400 (204 Rentals) Page 2 of 5

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Search the lowest-cost Apartments available for rent right now in the Greater Central area of Minneapolis.

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.

property at 520 Ridgewood Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Now

520 Ridgewood Ave

MinneapolisMN55403
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Sora
Rent Specials
$1,255 - $4,032
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $4,032

Total Monthly Price
$1,255 - $4,032
Studio to 2 Bedroom Apartments Available Now

Sora

600 S 5th AveMinneapolis, MN 55415
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  • Customer Reviewed
  • 3D Tour

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.

property at 11 S 12th St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

Studio, 1 Bath Home for Rent

Available Now

11 S 12th St

MinneapolisMN55403
property at 431 S 7th St

$1,100 - $1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

Studio Rentals

Available Now

431 S 7th St

MinneapolisMN55415
property at 433 S 7th St

$1,295 - $2,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 To 2 Bedroom Rentals

Available Now

433 S 7th St

MinneapolisMN55415

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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Kenwood Gables
Rent Specials
$1,375 - $3,090
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $3,090

Total Monthly Price
$1,375 - $3,090
Studio to 2 Bedroom Apartments Available Now

Kenwood Gables

700 Douglas AveMinneapolis, MN 55403
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  • Customer Reviewed
  • Utilities Included
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HQ Apartments
Rent Specials
$1,401 - $3,266
Total Monthly Price

Total Monthly Price

Base Rent
$1,351 - $3,216
Required Monthly Fees
$50

Total Monthly Price
$1,401 - $3,266
Studio to 3 Bedroom Apartments Available Now

HQ Apartments

816 Portland Ave SMinneapolis, MN 55404
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Hencen
Rent Specials
$1,408 - $2,795
Plus Fees
Studio to 2 Bedroom Apartments Available Now

Hencen

455 Central Ave SEMinneapolis, MN 55414
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  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Helpful Local Expert Guides

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

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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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.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

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.

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Authentic Minneapolis: An Insiders 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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

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

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.