Cheap Homes for Rent in Nicollet Island Neighborhood of Minneapolis, MN from $1,000 (28 Rentals)

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

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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property at 1815 Clinton Ave

1815 Clinton Ave

MinneapolisMN55404
property at 1204 Harmon Pl

1204 Harmon Pl

MinneapolisMN55403
property at 433 S 7th St

433 S 7th St

MinneapolisMN55415

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 15 S 1st St

15 S 1st St

MinneapolisMN55401
property at 20 NE 2nd St

20 NE 2nd St

MinneapolisMN55413

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 720 3rd Ave NE

720 3rd Ave NE

MinneapolisMN55413

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 1 Bed unit found at Pleasant View priced from $75. Paige Hall has the second lowest priced unit, which is a Studio apartment currently listed from $551. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Pleasant View1 Bedroom 1 Bath - Pleasant View1BR,1BA$75
Paige HallEfficiencyStudio,1BA$551
Shelby CommonsOne Bedroom1BR,1BA$624
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$640
Shoreline PlazaStudioStudio,1BA$653
Buri ManorEfficiencyStudio,1BA$699
Stevens Community ApartmentsStudioStudio,1BA$700
Haverhill | Origen Living0BR/1.0BAStudio,1BA$705
The BalmoralEfficiencyStudio,1BA$718
Holmes Park Village2 Bedroom2BR,1BA$723

Best Value Apartments for Rent in Nicollet Island, MN

As of June 23, 2025 the best value apartment in the Nicollet Island area is the $1.07 price per square foot 1727 Girard Ave N Model at 1727 Girard Ave N, Unit 1727 in the in the Greater Near North neighborhood starting from $1,600. The second greatest value Nicollet Island apartment is the 3X3A Model at The Marshall starting at $889 with a $0.81 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1727 Girard Ave N, Unit 17271727 Girard Ave N2BR,1BA$1.07
The Marshall3X3A3BR,3BA$0.81
2300 Nicollet AvenueOne Bedroom1BR,1BA$0.90
Stonehouse Square2 bedroom/1 bathroom2BR,1BA$1.34
904-9122BR/1.0BA2BR,1BA$1.26
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
The Knoll DinkytownB12BR,2BA$1.06
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.12
Shelby CommonsOne Bedroom1BR,1BA$0.90
Central Avenue Lofts1 Bedroom1BR,1BA$1.32

Quick 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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Frequently Asked Questions about Nicollet Island

What type of rentals are currently available in Nicollet Island?

There are currently 1337 Apartments for Rent in Nicollet Island, MN with pricing that ranges from $479 to $12,267. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nicollet Island ranging from $1,000 to $4,995.

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 $1,000 to $4,995 with an average monthly rent of $2,538.

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 $495 to $12,267, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,699 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,140 and Four Bedroom Apartments start at $495.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.