1100 15th Ave SE
MinneapolisMN55414
Cheap Homes for Rent in Nicollet Island Neighborhood of Minneapolis, MN from $600 (30 Rentals)
Search the lowest-cost Homes available for rent right now in the Nicollet Island area of Minneapolis.
1121 7th St SE
MinneapolisMN55414
514 5th Ave SE
MinneapolisMN55414
1129 SE 8th St
MinneapolisMN55414
2216 Pleasant Ave, Unit 204, Unit 204
2216 Pleasant Ave
MinneapolisMN55404
1901 Stevens Ave, Unit 105
1901 Stevens Ave
MinneapolisMN55403
720 3rd Ave NE, Unit 107
720 3rd Ave NE
MinneapolisMN55413
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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$1,2502 Bedroom Apartments Available Now
515 5th St SE, Unit 3
515 5th St SEMinneapolis, MN 55414
1500 N Irving Ave
MinneapolisMN55411
431 S 7th St, Unit Apt 2610
431 S 7th St
MinneapolisMN55415
17 S 1st St
MinneapolisMN55401
11 S 12th St
MinneapolisMN55403
1920 Stevens Ave, Unit 3
1920 Stevens Ave
MinneapolisMN55403
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.
2601 Kenzie Ter, Unit #324, Unit #324
2601 Kenzie Ter
MinneapolisMN55418
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$1,3752 Bedroom Apartments Available May 1
2007 Aldrich Ave S, Unit 4
2007 Aldrich Ave SMinneapolis, MN 55405
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$1,375
Total Monthly Price
2 Bedroom Apartments Available May 1Total Monthly Price
Base Rent
$1,375
Total Monthly Price
$1,375
2007 Aldrich Ave S, Unit 10
2007 Aldrich Ave SMinneapolis, MN 55405
609 S 9th St
MinneapolisMN55404
347 24th Ave NE
MinneapolisMN55418
433 S 7th St
MinneapolisMN55415
713 26th Ave S
MinneapolisMN55454
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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$1,4452 Bedroom Apartments Available May 1
1818 La Salle Ave, Unit 7
1818 La Salle AveMinneapolis, MN 55403
1010 16th Ave SE
MinneapolisMN55414
644 Van Buren St NE
MinneapolisMN55413
19 S 1st St
MinneapolisMN55401
2208 NE 2nd St
MinneapolisMN55418
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$1,4952 Bedroom Apartments Available Jul 1
1804 13th Ave S, Unit 1
1804 13th Ave SMinneapolis, MN 55404
15 E Franklin Ave
MinneapolisMN55404
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.
1908 NE Jackson St
MinneapolisMN55418
1902 4th Ave S, Unit 6A, Unit 6A
1902 4th Ave S
MinneapolisMN55404
Showing Results 1-30, 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 | $2,369 | $1,250 | $4,850 |
| Nicollet Island 3 Bedroom Homes for Rent | $2,198 | $1,450 | $5,449 |
| Nicollet Island 4 Bedroom Homes for Rent | $2,446 | $635 | $5,288 |
| Nicollet Island 5 Bedroom Homes for Rent | $2,949 | $2,100 | $3,750 |
| Nicollet Island 6 Bedroom Homes for Rent | $3,292 | $600 | $4,500 |
| Nicollet Island 7 Bedroom Homes for Rent | $3,350 | $3,350 | $3,350 |
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 30 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
- Nearby Minneapolis neighborhoods
- Nearby Cities
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- 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 2 Beds unit found at Yugo The Sydney at Dinkytown priced from $489. Radius has the second lowest priced unit, which is a 3 Beds apartment currently listed from $495. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Radius | C5 | 3BR,2BA | $495 |
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Shelby Commons | One Bedroom | 1BR,1BA | $624 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Holmes Park Village | 2 Bedroom | 2BR,1BA | $723 |
| Remington Apartments | Studio September Move In | Studio,1BA | $745 |
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $760 |
| 214 Oak Grove | 0BR/1.0BA | Studio,1BA | $772 |
Best Value Apartments for Rent in Nicollet Island, MN
As of April 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 C3 Model at Radius starting at $859 with a $0.82 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. |
|---|---|---|---|
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.52 |
| Radius | C3 | 3BR,2BA | $0.82 |
| The Arrow Apartments | 3.3S | 3BR,3BA | $0.82 |
| Yugo The Sydney at Dinkytown | 2 Bed, 2 Bath DinkyDome Double | 2BR,2BA | $0.46 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.53 |
| 904-912 | 2BR/1.0BA | 2BR,1BA | $1.16 |
| Haverhill Apartments | 2BR/1.0BA | 2BR,1BA | $1.18 |
| The Knoll Dinkytown | B2 | 2BR,2BA | $1.15 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Bath | 1BR,1BA | $1.09 |
| 814-8TH | 1BR/1.0BA | 1BR,1BA | $0.97 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleCash 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.
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.
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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 1338 Apartments for Rent in Nicollet Island, MN with pricing that ranges from $469 to $13,719. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nicollet Island ranging from $600 to $5,449.
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 $600 to $5,449 with an average monthly rent of $2,274.
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 $1,450 to $5,449. Four Bedroom Single-Family rentals are also available starting from $635 and Four Bedroom Apartments start at $529.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.