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Exhibit 21.1

SUBSIDIARIES OF CENTERSPACE

Name of Subsidiary						State of Incorporation or Organization
Centerspace, Inc.						North Dakota
Centerspace, LP, a North Dakota Limited Partnership						North Dakota
CSR - Bayberry Place, LLC						Minnesota
CSR - Elements, LLC						Minnesota
CSR - Grove Ridge, LLC						Minnesota
CSR - Lake Vista, LLC						Delaware
CSR - Lyra, LLC						Minnesota
CSR - Lyra Holding, LLC						Minnesota
CSR - Martin Blu, LLC						Minnesota
CSR - Monticello Crossings, LLC						Minnesota
CSR - New Hope Hillsboro, LLC						Minnesota
CSR - New Hope Village, LLC						Minnesota
CSR - Palisades, LLC						Minnesota
CSR - Parkhouse, LLC						Minnesota
CSR - Plymouth Pointe, LLC						Minnesota
CSR - River Pointe, LLC						Minnesota
CSR - SME, LLC						Minnesota
CSR - Southdale Parc, LLC						Minnesota
CSR - The Calhoun, LLC						Minnesota
CSR - Wingate Realty, LLC						Minnesota
CSR - Woodhaven Group, LLC						Minnesota
CSR - Woodland Pointe, LLC						Minnesota
CSR - Zest, LLC						Minnesota
IRET-71 France, LLC						North Dakota
IRET - Canyon Lake, LLC						North Dakota
IRET - Cardinal Point, LLC						North Dakota
IRET-Cypress Court Apartments, LLC						North Dakota
IRET - Grandeville, LLC						North Dakota
IRET - Ironwood, LLC						Minnesota
IRET-QR, LLC						Delaware
IRET-Quarry Ridge, LLC						Delaware
IRET-RED 20, LLC						North Dakota
IRET - SH1, LLC						North Dakota
IRET - South Fork Apartments, LLC						North Dakota
IRET - West Stonehill Apartments, LLC						North Dakota
IRET - Whispering Ridge Apartments, LLC						Delaware