Cheap Apartments for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $400 (433 Rentals)

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

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214 Oak Grove | Origen Living
$632 - $642
Total Monthly Price

Total Monthly Price

Base Rent
$615 - $625
Required Monthly Fees
$17

Total Monthly Price
$632 - $642
Studio Apartments Available Now

214 Oak Grove | Origen Living

214 Oak Grove StMinneapolis, MN 55403
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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Brentwood Apartments
$702 - $812
Total Monthly Price

Total Monthly Price

Base Rent
$685 - $795
Required Monthly Fees
$17

Total Monthly Price
$702 - $812
Studio to 1 Bedroom Apartments Available Now

Brentwood Apartments

117-127 W Grant StMinneapolis, MN 55403
Transit Friendly
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  • Customer Reviewed
  • Low Income
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Rose
$725 - $1,695
Plus Fees1 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Rose

1928 Portland AveMinneapolis, MN 55404
Student Housing
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  • Customer Reviewed
  • 3D Tour
property at 1316 7th St SE

1316 7th St SE

MinneapolisMN55414

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

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property at 900 Centennial Pl

900 Centennial Pl

MinneapolisMN55404
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Haverhill Apartments
Rent Specials
$782 - $922
Total Monthly Price

Total Monthly Price

Base Rent
$765 - $905
Required Monthly Fees
$17

Total Monthly Price
$782 - $922
1 Bedroom Apartments Available Now

Haverhill Apartments

32-34 Spruce PlMinneapolis, MN 55403
Transit Friendly
  • Verified
  • Customer Reviewed
  • Low Income
property at 2210 Pillsbury Ave

2210 Pillsbury Ave

MinneapolisMN55404

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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Loring Grove Apartments
Rent Specials
$805 - $999
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$805 - $999

Total Monthly Price
$805 - $999
Studio to 1 Bedroom Apartments Available Now

Loring Grove Apartments

125 Oak Grove StMinneapolis, MN 55403
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Garfield Ave Apartments | 2323
Rent Specials
$841 - $866
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $850
Required Monthly Fees
$16

Total Monthly Price
$841 - $866
Studio Apartments Available Soon

Garfield Ave Apartments | 2323

2323 Garfield Ave SMinneapolis, MN 55405
Transit Friendly
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  • Utilities Included

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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The Villa Apartments
$875
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825
Required Monthly Fees
$50

Total Monthly Price
$875
Studio Apartments Available Now

The Villa Apartments

1111 S 7th StMinneapolis, MN 55415
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Studios at 7 Corners
$895 - $995
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$845 - $945
Required Monthly Fees
$50

Total Monthly Price
$895 - $995
Studio Apartments Available Now

Studios at 7 Corners

1414 S 3rd StMinneapolis, MN 55454
Pet Friendly
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  • Customer Reviewed
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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.

property at 1401 Willow St

1401 Willow St

MinneapolisMN55403
property at 605 S 9th St

605 S 9th St

MinneapolisMN55404
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Garfield Court
Rent Specials
$912 - $1,057
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,045
Required Monthly Fees
$12

Total Monthly Price
$912 - $1,057
Studio to 1 Bedroom Apartments Available Now

Garfield Court

2101 Garfield Ave SMinneapolis, MN 55405
Corporate Housing
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  • Utilities Included
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Yale Place
$946
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925
Required Monthly Fees
$21

Total Monthly Price
$946
1 Bedroom Apartments Available Jan 1, 2026

Yale Place

48 27th Ave SEMinneapolis, MN 55414
Affordability
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  • Customer Reviewed
  • Smoke Free

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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 $479. Yugo Minneapolis Sydney Hall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $489. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
RadiusD54BR,3BA$479
Yugo Minneapolis Sydney Hall2 Bed, 2 Bath DinkyDome Double Renovated2BR,2BA$489
Paige HallEfficiencyStudio,1BA$551
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$632
Shoreline PlazaStudioStudio,1BA$653
Spruce Place ApartmentsStudioStudio,1BA$695
Buri ManorEfficiencyStudio,1BA$699
Stevens Community ApartmentsStudioStudio,1BA$700
Brentwood Apartments0BR/1.0BAStudio,1BA$702
The BalmoralEfficiencyStudio,1BA$718

Best Value Apartments for Rent in Nicollet Island, MN

As of December 14, 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 2117 Bryant Ave S Model at 2117 Bryant Ave S, Unit 2 starting at $1,595 with a $1.26 price per square foot in the Calhoun Isles 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
2117 Bryant Ave S, Unit 22117 Bryant Ave S3BR,1BA$1.26
RadiusD24BR,2BA$0.63
Sela Campus University Apartments2 Bedroom2BR,1BA$1.28
904-9122BR/1.0BA2BR,1BA$1.26
2012 Garfield | Origen Living1BR/1.0BA1BR,1BA$1.11
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
Haverhill Apartments1BR/1.0BA1BR,1BA$1.02
2222 Nicollet AvenueOne Bedroom1BR,1BA$1.24
814-8TH0BR/1.0BAStudio ,1BA$1.17

Don'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.

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Enjoy 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.

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Pet Friendly Lifestyle
Nicollet Island, Minneapolis, MN

Ranked #1

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

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 $718.

What is the price of a cheap apartment in Nicollet Island?

The cheapest apartment in Nicollet Island is 814-8TH which is listed at $760, while the average apartment in Nicollet Island costs $4,350.

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 371 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 $657 which is $3,693 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

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

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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.

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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

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.