Cheap Homes for Rent in Greater Central Neighborhood of Minneapolis, MN from $1,200 (15 Rentals)

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

property at 210 W Grant St

210 W Grant St

MinneapolisMN55403
property at 433 S 7th St

433 S 7th St

MinneapolisMN55415

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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property at 1605 Portland Ave

1605 Portland Ave

MinneapolisMN55404
property at 343 E 19th St

343 E 19th St, Unit #3B

343 E 19th St
MinneapolisMN55404

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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property at 15 S 1st St

15 S 1st St, Unit A1414

15 S 1st St
MinneapolisMN55401
property at 1825 Park Ave

1825 Park Ave, Unit 1

1825 Park Ave
MinneapolisMN55404
property at 401 S 1st St

401 S 1st St, Unit 15th floor

401 S 1st St
MinneapolisMN55401
property at 20 NE 2nd St

20 NE 2nd St

MinneapolisMN55413
property at 1801 10th Ave S

1801 10th Ave S, Unit 1801 10th Ave.

1801 10th Ave S
MinneapolisMN55404

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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Showing Results 1-15, Page 1 of 1

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
Spruce Place ApartmentsStudioStudio,1BA$695
Buri ManorEfficiencyStudio,1BA$699

Best Value Apartments for Rent in Greater Central, MN

As of October 24, 2025 the best value apartment in the Greater Central area is the $1.23 price per square foot Type B Model at 416 Flats in the in the Greater Central neighborhood starting from $1,595. 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 B2BR,1BA$1.23
1804 16th Ave S4BR/1.0BA4BR,1BA$1.46
LaSalle Apartments1 bedroom/den1BR,1BA$1.44
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
225/227/233 Oak Grove St – Oak Grove DowntownTriplets 1 Bedroom1BR,1BA$1.41
St. George ApartmentsStudio-DeluxeStudio ,1BA$1.41
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 #18

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $653 to $9,923. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Central ranging from $1,295 to $6,495.

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 $1,295 to $6,495 with an average monthly rent of $2,800.

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.

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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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.