
Cheap Apartments for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $400 (433 Rentals)
Search the lowest-cost Apartments available for rent right now in the Nicollet Island area of Minneapolis.


Shoreline Plaza

Peregrine

Spruce Place Apartments

Stevens Community Apartments

Total Monthly Price
Brentwood Apartments

Rose

Copenhagen Enterprises

1316 7th St SE

The Remington Campus Apartments
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.

Sela Campus University Apartments

900 Centennial Pl

The Buckingham / The Commodore / The Parkway Apartments

Loring Manor Apartments

Oak Grove Apartment Hotel

Total Monthly Price
Haverhill Apartments

Stage Apartments, LLC

2210 Pillsbury Ave

Wadaag Commons
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.

Total Monthly Price
Loring Grove Apartments

Stradford Flats

116 Oak Grove St – Oak Grove Downtown

Gateway Northeast

St. Anthony Village

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

Best Apartments

Total Monthly Price
Garfield Ave Apartments | 2323

The Park Apartments

St. George Apartments
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.

Hawthorne Gates

22 on the River

Blue Goose Cooperative

Bridgewater Crossings

Total Monthly Price
The Villa Apartments

Loring Park

Stadium Village Apartments

Total Monthly Price
Studios at 7 Corners

Grove 94

Varsity Apartments
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.

1818 La Salle Ave

1401 Willow St

912 22nd Ave

605 S 9th St

Total Monthly Price
Garfield Court

Total Monthly Price
Chateau Student Housing Cooperative

2222 Nicollet Avenue

Abbott Apartments

Park Plaza

Total Monthly Price
Yale Place
Cash 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.
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 | $1,261 | $632 | $2,599 |
| Nicollet Island 1 Bedroom Apartments | $1,638 | $691 | $5,800 |
| Nicollet Island 2 Bedroom Apartments | $2,293 | $469 | $10,000+ |
| Nicollet Island 3 Bedroom Apartments | $2,366 | $495 | $10,000+ |
| Nicollet Island 4 Bedroom Apartments | $1,731 | $479 | $5,341 |
| Nicollet Island 5 Bedroom Apartments | $3,582 | $2,895 | $3,895 |
Browse Apartments in this Neighborhood
There are currently 433 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
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | D5 | 4BR,3BA | $479 |
| Yugo Minneapolis Sydney Hall | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Paige Hall | Efficiency | Studio,1BA | $551 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $632 |
| 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 |
| Brentwood Apartments | 0BR/1.0BA | Studio,1BA | $702 |
| The Balmoral | Efficiency | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.50 |
| 2117 Bryant Ave S, Unit 2 | 2117 Bryant Ave S | 3BR,1BA | $1.26 |
| Radius | D2 | 4BR,2BA | $0.63 |
| Sela Campus University Apartments | 2 Bedroom | 2BR,1BA | $1.28 |
| 904-912 | 2BR/1.0BA | 2BR,1BA | $1.26 |
| 2012 Garfield | Origen Living | 1BR/1.0BA | 1BR,1BA | $1.11 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| Haverhill Apartments | 1BR/1.0BA | 1BR,1BA | $1.02 |
| 2222 Nicollet Avenue | One Bedroom | 1BR,1BA | $1.24 |
| 814-8TH | 0BR/1.0BA | Studio ,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.
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 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.
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 $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 373 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

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

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.

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.
