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$653 - $1,325
Plus Fees
Studio to 1 Bedroom Apartments Available NowShoreline Plaza
15 E Grant StMinneapolis, MN 55403
Cheap Apartments for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $400 (425 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nicollet Island area of Minneapolis.
1316 7th St SE
MinneapolisMN55414
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$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available NowRose
1928 Portland AveMinneapolis, MN 55404
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$745 - $1,300
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available SoonTotal Monthly Price
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$745 - $1,300
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$745 - $1,300
Remington Apartments
708 5th St SEMinneapolis, MN 55414
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$750 - $925
Plus Fees6 Month Lease Term
Studio Apartments Available NowLilium Apartments and Centennial Place
706 9th St SMinneapolis, MN 55404
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$750 - $1,200
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowCopenhagen Enterprises
26 Oak Grove StMinneapolis, MN 55403
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$752 - $762
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Studio Apartments Available NowTotal Monthly Price
Base Rent
$735 - $745
Required Monthly Fees
$17
Total Monthly Price
$752 - $762
Brentwood Apartments
117-127 W Grant StMinneapolis, MN 55403
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$775 - $975
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowLoring Manor Apartments
1512-1518 Spruce PlMinneapolis, MN 55403
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$782 - $797
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$765 - $780
Required Monthly Fees
$17
Total Monthly Price
$782 - $797
Haverhill Apartments
32-34 Spruce PlMinneapolis, MN 55403
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$795 - $1,500
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Studio to 2 Bedroom Apartments Available NowStevens Community Apartments
128 E 18th StMinneapolis, MN 55403
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$799 - $1,049
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowParkline Flats
2110 S Park AveMinneapolis, MN 55404
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$800 - $1,056
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowThe Roselle
910 Portland Ave SMinneapolis, MN 55404
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Rent Specials
$800 - $975
Plus Fees
1 Bedroom Apartments Available NowSpruce Place Apartments
1365 Spruce PlMinneapolis, MN 55403
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$813 - $1,145
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowStradford Flats
16 E 15th StMinneapolis, MN 55403
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Rent Specials
$820 - $1,140
Plus Fees
Studio Apartments Contact Us For AvailabilityStage Apartments, LLC
814-816 Hennepin AveMinneapolis, MN 55403
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$825 - $1,400
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Parkway Apartments
1501 Lasalle AveMinneapolis, MN 55403
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$825 - $995
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Studio Apartments Available Jul 1Total Monthly Price
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$825 - $995
Total Monthly Price
$825 - $995
Lowry Hill Apartments
1770 Hennepin AveMinneapolis, MN 55403
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$825 - $1,280
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilitySt. Anthony Village
320 7th St SEMinneapolis, MN 55414
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$830 - $1,000
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$780 - $950
Required Monthly Fees
$50
Total Monthly Price
$830 - $1,000
Aster Apartments in Near North Minneapolis
1800 Fremont Ave NMinneapolis, MN 55411
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$835 - $1,040
Plus Fees1 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBest Apartments
2006-2008 Park AveMinneapolis, MN 55404
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$840 - $865
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
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$825 - $850
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Oak Grove Downtown
116 Oak Grove StMinneapolis, MN 55403
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$845 - $910
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Park Apartments
1430 Spruce PlMinneapolis, MN 55403
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$850 - $1,085
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowHawthorne Gates
1205 Hawthorne AveMinneapolis, MN 55403
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$850 - $1,875
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBlue Goose Cooperative
1819 5th St SMinneapolis, MN 55454
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$850 - $1,050
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowBridgewater Crossings
2101-2020 21st Ave SMinneapolis, MN 55404
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$850
Plus Fees
Studio Apartments Available NowLoring Park Flats
330 Oak Grove StMinneapolis, MN 55403
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$850 - $2,594
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$850 - $2,594
Total Monthly Price
$850 - $2,594
22 on the River
22 27th Ave SEMinneapolis, MN 55414
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$875 - $1,100
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available Jun 12Total Monthly Price
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$875 - $1,100
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Loring Grove Apartments
125 Oak Grove StMinneapolis, MN 55403
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$895 - $1,450
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1 to 2 Bedroom Apartments Contact Us For AvailabilityGrove 94
215 Oak Grove StMinneapolis, MN 55403
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$899
Plus Fees
Studio Apartments Available NowThe Commodore
1417 LaSalle AveMinneapolis, MN 55403
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$899
Plus Fees
Studio Apartments Available NowSt. George Apartments
137 E 17th StMinneapolis, MN 55403
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$899 - $1,400
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Buckingham Apartments
1500 LaSalle AveMinneapolis, MN 55403
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$903 - $953
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Studio Apartments Available NowTotal Monthly Price
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$899 - $949
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225 Place Apartments
225 W 15th StMinneapolis, MN 55403
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$916 - $941
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Studio to 1 Bedroom Apartments Available Jun 1Total Monthly Price
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$895 - $920
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Yale Place
48 27th Ave SEMinneapolis, MN 55414
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$917 - $3,218
Plus Fees
Studio to 3 Bedroom Apartments Available NowLoring Park
1300 Yale PlMinneapolis, MN 55403
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$930 - $1,040
Plus Fees
Studio to 1 Bedroom Apartments Available NowCampus East Apartments: Your Perfect Home Near U of M Twin Cities!
615 15th Ave SEMinneapolis, MN 55414
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$945
Total Monthly Price12 Month Lease Term
Studio Apartments Available NowTotal Monthly Price
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$895
Required Monthly Fees
$50
Total Monthly Price
$945
The Villa Apartments
1111 S 7th StMinneapolis, MN 55415
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$950 - $1,500
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThree-Thirty-Three Oak Grove
333 Oak Grove StMinneapolis, MN 55403
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$960 - $2,465
Plus Fees
Studio to 3 Bedroom Apartments Available NowNico East
1725 Nicollet AveMinneapolis, MN 55403
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$960
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityMonroe Village Senior Apartments
1900 Central Ave NEMinneapolis, MN 55418
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.
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$964 - $1,826
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$959 - $1,821
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Cedars 94
2220 E Franklin AveMinneapolis, MN 55404
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$965 - $1,880
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$965 - $1,880
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Five15 on the Park
515 15th Ave SMinneapolis, MN 55454
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$970 - $1,395
Plus Fees11 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityStadium Village Apartments
1015 Essex St SEMinneapolis, MN 55414
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$975 - $1,545
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$925 - $1,495
Required Monthly Fees
$50
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$975 - $1,545
Studios at 7 Corners
1414 S 3rd StMinneapolis, MN 55454
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$980 - $1,380
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Endurance
725 8th St SEMinneapolis, MN 55414
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$995 - $1,525
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAbbott Apartments
110 18th St EMinneapolis, MN 55403
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$995 - $1,455
Total Monthly Price1 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$995 - $1,455
Total Monthly Price
$995 - $1,455
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
220 E 19th St
MinneapolisMN55403
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$1,000 - $1,615
Total Monthly Price12 Month Lease Term
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$995 - $1,610
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Varies
Timber & Tie
900 14th Ave NEMinneapolis, MN 55413
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$1,008 - $11,273
Plus Fees
Studio to 2 Bedroom Apartments Available NowArtistry on 10th
95 S 10th StMinneapolis, MN 55403
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
Nicollet Island, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Nicollet Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nicollet Island Studio Apartments | $1,314 | $653 | $3,189 |
| Nicollet Island 1 Bedroom Apartments | $1,697 | $782 | $8,679 |
| Nicollet Island 2 Bedroom Apartments | $2,349 | $469 | $9,268 |
| Nicollet Island 3 Bedroom Apartments | $2,833 | $739 | $10,000+ |
| Nicollet Island 4 Bedroom Apartments | $1,863 | $649 | $5,341 |
| Nicollet Island 5 Bedroom Apartments | $3,663 | $2,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 425 rentals with your search options within a 2 mile radius of the Nicollet Island Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Nicollet Island, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
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- Local Counties
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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 The Sydney at Dinkytown 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 The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Radius | C5 | 3BR,2BA | $495 |
| Shelby Commons | 1 Bdrm | 1BR,1BA | $624 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Bierman Place | The Park - By-the-bed | 2BR,1BA | $695 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $752 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $772 |
Best Value Apartments for Rent in Nicollet Island, MN
As of May 02, 2026 the best value apartment in the Nicollet Island area is the $1.10 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N in the in the Greater Near North neighborhood starting from $2,200. The second greatest value Nicollet Island apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $776 with a $0.52 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. |
|---|---|---|---|
| 2717 Aldrich Ave N | 2717 Aldrich Ave N | 5BR,3BA | $1.10 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| The Marshall | 3X35A | 3BR,3.5BA | $0.70 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.46 |
| Radius | D1 | 4BR,2BA | $0.54 |
| 904-912 | 2BR/1.0BA | 2BR,1BA | $1.16 |
| The Knoll Dinkytown | B2 | 2BR,2BA | $1.15 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.03 |
| Haverhill Apartments | 1BR/1.0BA | 1BR,1BA | $1.02 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleQuick 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.
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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!
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 $772.
What is the price of a cheap apartment in Nicollet Island?
The cheapest apartment in Nicollet Island is Haverhill Apartments which is listed at $782, while the average apartment in Nicollet Island costs $3,587.
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 267 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 $893 which is $2,694 cheaper than the average rent for all rentals in Nicollet Island.
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
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.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.