1209 8th St SE
MinneapolisMN55414
Cheap Homes for Rent in Nicollet Island Neighborhood of Minneapolis, MN from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Nicollet Island area of Minneapolis.
1090 16th Ave SE
MinneapolisMN55414
1121 7th St SE
MinneapolisMN55414
2643 N Lyndale Ave
MinneapolisMN55411
709 7th St SE
MinneapolisMN55414
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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$8251 Bedroom Apartments Available Jun 1
701 5th St SE
701 5th St SEMinneapolis, MN 55414
2216 Pleasant Ave, Unit 212
2216 Pleasant Ave
MinneapolisMN55404
2216 Pleasant Ave, Unit 207
2216 Pleasant Ave
MinneapolisMN55404
1820 1st Ave S
MinneapolisMN55403
515 5th St SE
MinneapolisMN55414
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.
Showing Results 1-10, Page 1 of 1
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 a home in Nicollet Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nicollet Island 2 Bedroom Homes for Rent | $2,587 | $1,250 | $6,495 |
| Nicollet Island 3 Bedroom Homes for Rent | $1,991 | $1,500 | $3,100 |
| Nicollet Island 4 Bedroom Homes for Rent | $2,565 | $750 | $5,288 |
| Nicollet Island 5 Bedroom Homes for Rent | $2,855 | $2,300 | $3,750 |
| Nicollet Island 6 Bedroom Homes for Rent | $2,681 | $600 | $4,500 |
| Nicollet Island 7 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 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 3 Beds unit found at Radius priced from $495. Shoreline Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $653. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | C5 | 3BR,2BA | $495 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Bierman Place | The Park - By-the-bed | 2BR,1BA | $695 |
Best Value Apartments for Rent in Nicollet Island, MN
As of May 28, 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 |
| The Bridges Dinkytown | B7 | 2BR,2BA | $0.99 |
| 801 4th St SE, Unit Limelight | 801 4th St SE | 1BR,1BA | $0.98 |
| Radius | C2 | 3BR,2BA | $0.86 |
| Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $1.04 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $1.01 |
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 Article
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.
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.
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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
Frequently Asked Questions about Nicollet Island
What type of rentals are currently available in Nicollet Island?
There are currently 1341 Apartments for Rent in Nicollet Island, MN with pricing that ranges from $469 to $13,719. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nicollet Island ranging from $400 to $6,495.
What is the current price range for Rental Homes in Nicollet Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Nicollet Island ranges from $400 to $6,495 with an average monthly rent of $2,759.
How much are larger Three and Four Bedroom Rentals in Nicollet Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Nicollet Island range from $739 to $13,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,100. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $649.
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
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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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.
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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.