Cheap Apartments for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $400 (423 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Nicollet Island area of Minneapolis.

property at 1316 7th St SE

1316 7th St SE

MinneapolisMN55414

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Nicollet Island, Minneapolis, MN Local Guide

Cheapest Available Nicollet Island Apartments for Rent

 

The cheapest available apartment rental in the Nicollet Island area of Minneapolis, MN is a 4 Beds unit found at Radius priced from $495. Yugo Minneapolis Sydney Hall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $504. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
RadiusD64BR,3BA$495
Yugo Minneapolis Sydney Hall2 Bed, 2 Bath DinkyDome Double Renovated2BR,2BA$504
Paige HallEfficiencyStudio,1BA$551
Shelby CommonsOne Bedroom1BR,1BA$624
Shoreline PlazaStudioStudio,1BA$653
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$665
Buri ManorEfficiencyStudio,1BA$699
Stevens Community ApartmentsStudioStudio,1BA$700
The BalmoralEfficiencyStudio,1BA$718

Best Value Apartments for Rent in Nicollet Island, MN

As of September 05, 2025 the best value apartment in the Nicollet Island area is the $0.50 price per square foot G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts in the in the University Of Minnesota neighborhood starting from $745. The second greatest value Nicollet Island apartment is the One Bedroom Model at 2300 Nicollet Avenue starting at $999 with a $0.97 price per square foot in the Whittier neighborhood. Here is today’s list of the best values for Nicollet Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.50
2300 Nicollet AvenueOne Bedroom1BR,1BA$0.97
Bierman PlaceThe Quad - By-the-bed - Unfurnished4BR,2BA$0.60
2120 Garfield Avenue2120 Garfield Ave - 1 Bedroom1BR,1BA$1.17
904-9122BR/1.0BA2BR,1BA$1.16
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
Yugo Minneapolis 412 Lofts2 Bed, 2 Bath Classic2BR,2BA$0.97
RadiusB22BR,2BA$0.91
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.12
The Arrow Apartments - Student Housing2.2S-Furnished2BR,2BA$1.11

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Nicollet Island, Minneapolis, MN

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 the Cheapest Studio apartment in Nicollet Island?

Currently the most affordable Cheap Studio Apartment in Nicollet Island is at Paige Hall listed at $551.

How much is rent for a Cheap One Bedroom Nicollet Island Apartment?

The lowest price for a Cheap One Bedroom Nicollet Island Apartment is $624 at Shelby Commons.

What is the lowest price for a Cheap Two Bedroom Nicollet Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Nicollet Island is starting from $504 at Yugo Minneapolis Sydney Hall.

What is the most affordable Nicollet Island Three Bedroom Apartment?

The best deal on a cheap Nicollet Island Three Bedroom Apartment rental is at Radius and starts from $495.

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.

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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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.