Cheap Homes for Rent in the Greater Central Neighborhood of Minneapolis, MN from $960 (6 Rentals)

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

property at 504 W Franklin Ave
$1,295

Total Monthly Price

Base Rent$1,295

Total Monthly Price$1,295
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

504 W Franklin Ave

MinneapolisMN55405

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.

property at 1800 Lasalle Ave
$1,350

Total Monthly Price

Base Rent$1,350

Total Monthly Price$1,350
12 Month Lease Term
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1800 Lasalle Ave, Unit 203

1800 Lasalle Ave
MinneapolisMN55403
property at 210 W Grant St
$1,395

Total Monthly Price

Base Rent$1,395

Total Monthly Price$1,395
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

210 W Grant St

MinneapolisMN55403
property at 929 Portland Ave S
$1,595

Total Monthly Price

Base Rent$1,595

Total Monthly Price$1,595
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

929 Portland Ave S

MinneapolisMN55404

Rent According to Income: A Look at Income-Restricted Rentals

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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 ListingModel NameBed/BathPriced From
Shoreline PlazaStudioStudio,1BA$653
Spruce Place ApartmentsStudioStudio,1BA$695
Holmes Park Village2 Bedroom2BR,1BA$723

Best Value Apartments for Rent in Greater Central, MN

As of September 08, 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 2BR/1.0BA Model at 1785 Bryant Ave S starting at $1,345 with a $1.49 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.
Three-Thirty-Three Oak Grove2bed 2bath with large deck2BR,2BA$1.36
1785 Bryant Ave S2BR/1.0BA2BR,1BA$1.49
St Anthony Mills Apartments1 Bedroom1BR,1BA$1.61
Many Rivers West1 Bedroom1BR,1BA$1.60
242 West Franklin Ave1BR/1.0BA1BR,1BA$1.57
East Town ApartmentsVan Brocklin - 1 Bedroom1BR,1BA$1.47
728 East 16th Street (New Town)1BR/1.0BA1BR,1BA$1.55
Franklin VillaOne Bedroom1BR,1BA$1.63
Stevens Community ApartmentsStudioStudio ,1BA$1.59
Spruce Place ApartmentsStudioStudio ,1BA$1.54

Frequently Asked Questions about Greater Central

What type of rentals are currently available in Greater Central?

There are currently 543 Apartments for Rent in Greater Central, MN with pricing that ranges from $653 to $9,203. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Central ranging from $960 to $4,495.

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 $960 to $4,495 with an average monthly rent of $2,234.

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

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Articles, How-To's, and Tips

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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.

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.