
Cheap Apartments for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $400 (432 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nicollet Island area of Minneapolis.


Copenhagen Enterprises

Peregrine

Total Monthly Price
214 Oak Grove | Origen Living

Spruce Place Apartments

Stevens Community Apartments

Total Monthly Price
Brentwood Apartments

The Buckingham / The Commodore / The Parkway Apartments

Rose

1316 7th St SE

The Remington Campus Apartments

Pleasant View

Loring Manor Apartments

Stradford Flats

Oak Grove Apartment Hotel

Castleton

The Park Apartments

Stage Apartments, LLC

2210 Pillsbury Ave

Wadaag Commons

Loring Park Flats

116 Oak Grove St – Oak Grove Downtown

Total Monthly Price
Haverhill Apartments

Gateway Northeast

1910 1st Ave S

St. Anthony Village

Best Apartments

22 on the River

Bridgewater Crossings

Hawthorne Gates

Blue Goose Cooperative

Total Monthly Price
The Villa Apartments

2001 Bryant Ave S

Varsity Apartments

1818 La Salle Ave

2950 Dupont Ave N

Grove 94

912 22nd Ave

Total Monthly Price
Garfield Court

Seven Corners

242 West Franklin Ave

Lowry Hill Apartments

2222 Nicollet Avenue

Abbott Apartments

225/227/233 Oak Grove St – Oak Grove Downtown

Total Monthly Price
Studios at 7 Corners

225 Place Apartments

Sela Campus University Apartments

Three-Thirty-Three Oak Grove
Nicollet Island, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Nicollet Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nicollet Island Studio Apartments | $1,262 | $653 | $2,499 |
| Nicollet Island 1 Bedroom Apartments | $1,636 | $691 | $6,500 |
| Nicollet Island 2 Bedroom Apartments | $2,296 | $469 | $8,971 |
| Nicollet Island 3 Bedroom Apartments | $2,339 | $495 | $10,000+ |
| Nicollet Island 4 Bedroom Apartments | $1,878 | $499 | $6,883 |
| Nicollet Island 5 Bedroom Apartments | $3,598 | $2,395 | $4,095 |
| Nicollet Island 6 Bedroom Apartments | $4,037 | $2,500 | $4,800 |
Browse Apartments in this Neighborhood
There are currently 432 rentals with your search options within a 2 mile radius of the Nicollet Island Neighborhood of Minneapolis, MN.
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Nicollet Island, Minneapolis, MN Local Guide
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Cheapest Available Nicollet Island Apartments for Rent
 The cheapest available apartment rental in the Nicollet Island area of Minneapolis, MN is a 2 Beds unit found at Yugo Minneapolis Sydney Hall priced from $489. Radius has the second lowest priced unit, which is a 3 Beds apartment currently listed from $495. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo Minneapolis Sydney Hall | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Radius | C5 | 3BR,2BA | $495 |
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Shelby Commons | One Bedroom | 1BR,1BA | $624 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Spruce Place Apartments | Studio | Studio,1BA | $695 |
| Buri Manor | Efficiency | Studio,1BA | $699 |
| Stevens Community Apartments | Studio | Studio,1BA | $700 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $712 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $712 |
Best Value Apartments for Rent in Nicollet Island, MN
As of October 29, 2025 the best value apartment in the Nicollet Island area is the $0.78 price per square foot The Augsburg Model at Minnehaha 94 in the in the Cedar-Riverside neighborhood starting from $1,189. The second greatest value Nicollet Island apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $745 with a $0.50 price per square foot in the University Of Minnesota neighborhood. Here is today’s list of the best values for Nicollet Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Minnehaha 94 | The Augsburg | 3BR,2.5BA | $0.78 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.50 |
| 416 Flats | Type E | 1BR,1BA | $1.00 |
| Radius | D2 | 4BR,2BA | $0.65 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.65 |
| 2120 Garfield Avenue | 2120 Garfield Ave - 1 Bedroom | 1BR,1BA | $1.17 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| 904-912 | 1BR/1.0BA | 1BR,1BA | $1.11 |
| The Marshall | 2DX2B | 2BR,2BA | $0.78 |
| Pleasant View | 1 Bedroom 1 Bath - Pleasant View | 1BR,1BA | $1.03 |
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.
Pet Friendly LifestyleNicollet Island, Minneapolis, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Minneapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Nicollet Island Neighborhood in Minneapolis, MN
Walk Score®
94 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
93 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
66 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Nicollet Island Apartments
What is a cheap apartment in Nicollet Island?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Nicollet Island is under $712.
What is the price of a cheap apartment in Nicollet Island?
The cheapest apartment in Nicollet Island is Shelby Commons which is listed at $624, while the average apartment in Nicollet Island costs $5,400.
What types of apartments are the cheapest in Nicollet Island?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 294 regular apartments in Nicollet Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Nicollet Island?
Cheap apartments in Nicollet Island have an average cost of $512 which is $4,888 cheaper than the average rent for all rentals in Nicollet Island.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
