Cheap Homes for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $600 (25 Rentals)

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

property at 1100 15th Ave SE

$625 - $660

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$625 - $660

Total Monthly Price
$625 - $660

1 To 6 Bedroom Townhomes for Rent

Available Sep 1

1100 15th Ave SE

MinneapolisMN55414
property at 709 7th St SE

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

6 Bedroom, 3 Bath Home for Rent

Available Now

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.

property at 427 6th St SE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

427 6th St SE

MinneapolisMN55414
property at 2600 University Ave SE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Townhome for Rent

Available Sep 18

2600 University Ave SE

MinneapolisMN55414
property at 1204 Harmon Pl

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Jul 13

1204 Harmon Pl, Unit #10

1204 Harmon Pl
MinneapolisMN55403

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.

property at 2202 Hennepin Ave

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom, 1 Bath Condo for Rent

Available Now

2202 Hennepin Ave

MinneapolisMN55405
property at 2202 Hennepin Ave S

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom, 1 Bath Condo for Rent

Available Now

2202 Hennepin Ave S

MinneapolisMN55405
property at 614 NE 20th Ave

$1,307

1 Bedroom, 1 Bath Rentals

Available Now

614 NE 20th Ave

MinneapolisMN55418
property at 211 17th Avenue Northeast

$1,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

211 17th Avenue Northeast, Unit 2

211 17th Avenue Northeast
MinneapolisMN55413

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.

property at 1009 18th Ave SE

$1,425

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

1009 18th Ave SE

MinneapolisMN55414
property at 2019.5 2nd Ave S

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Sep 1

2019.5 2nd Ave S

MinneapolisMN55404
property at 2918 Dupont Ave N

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Jul 15

2918 Dupont Ave N

MinneapolisMN55411

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.

property at 2226 N Dupont Ave N

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

2226 N Dupont Ave N, Unit 2

2226 N Dupont Ave N
MinneapolisMN55411

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 2 Beds unit found at Bottineau Commons and Lofts priced from $280. Radius has the second lowest priced unit, which is a 3 Beds apartment currently listed from $599. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Bottineau Commons and Lofts2BR-D-MARI2BR,1BA$280
RadiusC43BR,2BA$599
Shoreline PlazaStudioStudio,1BA$653
Holmes Park Village2 Bedroom2BR,1BA$723
Remington ApartmentsStudio September Move InStudio,1BA$745

Best Value Apartments for Rent in Nicollet Island, MN

As of July 12, 2026 the best value apartment in the Nicollet Island area is the $0.52 price per square foot G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts in the in the University Of Minnesota neighborhood starting from $776. The second greatest value Nicollet Island apartment is the Large 2B2B - Private Model at University Village starting at $1,075 with a $0.88 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.
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.52
University VillageLarge 2B2B - Private2BR,2BA$0.88
Yugo The Sydney at Dinkytown2 Bed, 2 Bath DinkyDome Double2BR,2BA$0.44
The Bridges DinkytownB72BR,2BA$0.84
801 4th St SE, Unit Limelight801 4th St SE1BR,1BA$0.95
Bierman PlaceThe Quad - By-the-bed4BR,2BA$0.50
RadiusC23BR,2BA$0.86
Yugo Minneapolis 412 Lofts2 Bed, 2 Bath Classic2BR,2BA$1.04
The Arrow Apartments2.2S-Furnished2BR,2BA$0.99
814-8TH1BR/1.0BA1BR,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.

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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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Real 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 Article
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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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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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Frequently Asked Questions about Nicollet Island

What type of rentals are currently available in Nicollet Island?

There are currently 1342 Apartments for Rent in Nicollet Island, MN with pricing that ranges from $280 to $11,439. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nicollet Island ranging from $625 to $5,995.

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 $625 to $5,995 with an average monthly rent of $2,729.

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 $11,439, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,900 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.

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