The Central
3503 2nd Ave S,
Minneapolis, MN 55408
$1,028 - $1,379 Plus Fees
Studio - 3 Beds | 12 Month Lease
Central
Minneapolis, MN
Central - Minneapolis, MN
Area Guide
Niche Reviews 
Characterized by single-family homes and low-rise multi-family rentals along tree-lined streets, the Central neighborhood of Minneapolis lies about three miles due south of the city center. Bordered on the west by I-35, the Central area provides its residents with a convenient location and easy access to the amenities of the greater Minneapolis-St. Paul region. Stroll well-kept sidewalks or the walking paths at Powderhorn Park, a 66-acre spread providing picnic facilities, an ice skating rink, a fishing pier, and athletic fields. For a change of pace, visit Central Gym Park on the neighborhood's south side to play tennis or shoot hoops indoors. Then drop into the highly popular Café South Side for a soup and sandwich, a fresh-baked pastry, or a cup of coffee brewed from organic beans.
Rent Trends
As of January 2026, the average apartment rent in Central is $930 for a studio, $956 for one bedroom, $1,311 for two bedrooms, and $1,664 for three bedrooms. Apartment rent in Central has increased by 2.0% in the past year.
-
Studio
-
406 sq ft
Average Sq Ft
-
$930/month
Average Rent
-
1 BR
-
597 sq ft
Average Sq Ft
-
$956/month
Average Rent
-
2 BR
-
871 sq ft
Average Sq Ft
-
$1,311/month
Average Rent
-
3 BR
-
668 sq ft
Average Sq Ft
-
$1,664/month
Average Rent
Transportation
82
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
57
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
94
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Reviews of Central - Minneapolis, MN
Niche Reviews
11 Reviews
Current Resident
7 years and 2 months ago•Niche Review
Central Minneapolis is great... if you're into drive-by's, prostitution, and really loud Spanish music (with a blown speaker, of course) access to 35w is nice though, and it's cheap af.
Niche User
10 years and 9 months ago•Niche Review
The food in the area is great. Always a good time.
Niche User
10 years and 9 months ago•Niche Review
They are average looking homes. Nothing special.
Points of Interest
Shopping Centers
Parks and Recreation
- Phelps Park
- Powderhorn Park
- Painter Park
- Rev. Dr. Martin Luther King Jr. Park
- Stewart Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.