
Cheap Apartments for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $300 (389 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nicollet Island area of Minneapolis.


Shoreline Plaza

1316 7th St SE

Rose

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Remington Apartments

Lilium Apartments and Centennial Place

1820 1st Ave S

Copenhagen Enterprises

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Brentwood Apartments

Seven Corners
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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Haverhill Apartments

Stevens Community Apartments

Stradford Flats

Parkline Flats

The Roselle

Spruce Place Apartments

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Bridgewater Crossings

Loring Manor Apartments

Stage Apartments, LLC

The Park Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Lowry Hill Apartments

St. Anthony Village

Best Apartments

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Aster Apartments

The Parkway Apartments

409 University Ave SE

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Loring Grove Apartments

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22 on the River

Hawthorne Gates

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315 11th Ave SE
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.

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225–233 Oak Grove – Oak Grove Downtown

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Oak Grove Downtown

Cromwell Commons

Grove 94

Abbott Apartments

The Commodore

St. George Apartments

Blue Goose Cooperative

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The Villa Apartments

The Buckingham Apartments
Nicollet Island - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

2100 Aldrich

Oak Grove Apartment Hotel

2120 Aldrich Ave S

2120 Garfield Avenue

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Campus Apartments 700-727 University SE

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Studios at 7 Corners

Three-Thirty-Three Oak Grove

Loring Park Flats

2118 Pillsbury Ave

220 E 19th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,300 | $653 | $2,295 |
| Nicollet Island 1 Bedroom Apartments | $1,701 | $782 | $6,729 |
| Nicollet Island 2 Bedroom Apartments | $2,354 | $280 | $10,000+ |
| Nicollet Island 3 Bedroom Apartments | $2,598 | $739 | $9,822 |
| Nicollet Island 4 Bedroom Apartments | $2,093 | $649 | $5,341 |
| Nicollet Island 5 Bedroom Apartments | $3,177 | $2,150 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 389 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 Bottineau Commons and Lofts priced from $280. Yugo The Sydney at Dinkytown 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bottineau Commons and Lofts | 2BR-D-MARI | 2BR,1BA | $280 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $504 |
| Radius | C4 | 3BR,2BA | $599 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Copenhagen Enterprises | 1815 First Ave Studio | Studio,1BA | $750 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $752 |
| Seven Corners | Studio | Studio,1BA | $760 |
Best Value Apartments for Rent in Nicollet Island, MN
As of August 02, 2026 the best value apartment in the Nicollet Island area is the $1.08 price per square foot 2717 Aldrich Ave N Model at 2717 Aldrich Ave N, Unit 2 in the in the Greater Near North neighborhood starting from $2,150. The second greatest value Nicollet Island apartment is the 3 Bedroom Duplex Model at 2215 Pleasant Avenue South starting at $2,045 with a $1.14 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2717 Aldrich Ave N, Unit 2 | 2717 Aldrich Ave N | 5BR,3BA | $1.08 |
| 2215 Pleasant Avenue South | 3 Bedroom Duplex | 3BR,1BA | $1.14 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| University Village | Large 2B2B - Private | 2BR,2BA | $0.88 |
| Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Premier | 2BR,2BA | $0.84 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.47 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.53 |
| Radius | C2 | 3BR,2BA | $0.86 |
| The Arrow Apartments | 2.2S-Furnished | 2BR,2BA | $0.99 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.12 |
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.
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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 $760.
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 $1,685.
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 $1,150 which is $535 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

Authentic Minneapolis: An Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.