
Cheap Homes for Rent in Greater Central Neighborhood of Minneapolis, MN from $1,000 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Greater Central area of Minneapolis.


431 S 7th St, Unit Apt 2610

17 S 1st St

11 S 12th St

1818 La Salle Ave, Unit 7
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1204 Harmon Pl

609 S 9th St

433 S 7th St

2007 Aldrich Ave S, Unit 4

2007 Aldrich Ave S, Unit 2
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.

1804 13th Ave S, Unit 1

15 E Franklin Ave

1902 4th Ave S, Unit 6A, Unit 6A

433 S 7th St, Unit #2102, Unit #2102

929 Portland Ave
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.
Greater Central, Minneapolis, MN Local Guide

How much does it cost to rent a home in Greater Central?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater Central 2 Bedroom Homes for Rent | $2,594 | $1,310 | $4,795 |
| Greater Central 3 Bedroom Homes for Rent | $2,050 | $2,050 | $2,050 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Greater Central Neighborhood of Minneapolis, MN.
Explore Minneapolis
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Shelby Commons | One Bedroom | 1BR,1BA | $624 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $742 |
Best Value Apartments for Rent in Greater Central, MN
As of April 25, 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 Type A Model at 416 Lofts starting at $1,749 with a $1.59 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. |
|---|---|---|---|
| 926 13th Ave S, Unit 2 | 926 13th Ave S | 4BR,2BA | $1.39 |
| 416 Lofts | Type A | 2BR,1BA | $1.59 |
| 1400–1408 Spruce Pl – Oak Grove Downtown | 2 Bedroom - 1400 Spruce | 2BR,1BA | $1.61 |
| 1785 Bryant Ave S | 2BR/1.0BA | 2BR,1BA | $1.49 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Bath | 1BR,1BA | $1.09 |
| Abbott Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.62 |
| Twin Court Apartments | 1BR/1.0BA | 1BR,1BA | $1.60 |
| Stevens Community Apartments | 1B/1Ba | 1BR,1BA | $1.33 |
| Spruce Place Apartments | 1 Bed | 1BR,1BA | $1.45 |
| Lowry Hill Apartments | 1 bedroom | 1BR,1BA | $1.50 |
Frequently Asked Questions about Greater Central
What type of rentals are currently available in Greater Central?
There are currently 523 Apartments for Rent in Greater Central, MN with pricing that ranges from $624 to $13,825. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Central ranging from $1,000 to $4,795.
What is the current price range for Rental Homes in Greater Central?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greater Central ranges from $1,000 to $4,795 with an average monthly rent of $1,986.
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

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.

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.

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.

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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.