
Cheap Homes for Rent in Nicollet Island Neighborhood of Minneapolis, MN from $700 (18 Rentals)
Cheap Homes in the Nicollet Island area of Minneapolis.


112 S 3rd St

440 Ridgewood Ave, Unit 104

2600 University Ave SE, Unit 400

634 19th Ave NE

433 S 7th St
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.

821 Douglas Ave, Unit 203

1815 Clinton Ave

1815 Clinton Ave

2212 Aldrich Ave S, Unit 206

915 24th Ave S, Unit 2

2526 UNIVERSITY AVE NE Minneapolis, Unit 2
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1770 Bryant Ave S, Unit 103

347 24th Ave NE

15 S 1st St, Unit A617

15 S 1st St

121 S Washington Ave, Unit 609

603 S 9th St
Nicollet Island - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
Nicollet Island, Minneapolis, MN Local Guide

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 | $2,499 | $1,350 | $7,750 |
Nicollet Island 3 Bedroom Homes for Rent | $2,173 | $1,400 | $2,995 |
Nicollet Island 4 Bedroom Homes for Rent | $2,536 | $2,015 | $3,250 |
Nicollet Island 5 Bedroom Homes for Rent | $2,550 | $2,250 | $2,850 |
Nicollet Island 6 Bedroom Homes for Rent | $4,050 | $3,500 | $4,600 |
Nicollet Island 7 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 18 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 Studio unit found at Paige Hall priced from $551. The Quad on Delaware has the second lowest priced unit, which is a 4 Beds apartment currently listed from $620. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Paige Hall | Efficiency | Studio,1BA | $551 |
The Quad on Delaware | D1R - Renovated 4 Bedroom 4 Bath | 4BR,4BA | $620 |
Shoreline Plaza | Studio | Studio,1BA | $653 |
Wadaag Commons | 1 BR Apartment | 1BR,1BA | $676 |
Buri Manor | Efficiency | Studio,1BA | $699 |
Best Value Apartments for Rent in Nicollet Island, MN
As of May 03, 2025 the best value apartment in the Nicollet Island area is the $1.37 price per square foot 3 BR Apartment Model at Wadaag Commons in the in the University Of Minnesota neighborhood starting from $1,633. The second greatest value Nicollet Island apartment is the 3X3A Renovated 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Wadaag Commons | 3 BR Apartment | 3BR,2BA | $1.37 |
The Marshall | 3X3A Renovated | 3BR,3BA | $0.81 |
1810/12 Bryant Ave S | 2BR/1.0BA | 2BR,1BA | $1.25 |
Stonehouse Square | 2 bedroom/1 bathroom | 2BR,1BA | $1.34 |
904-912 | 2BR/1.0BA | 2BR,1BA | $1.26 |
Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
Yugo Minneapolis 412 Lofts | 2 Bed, 2 Bath Classic | 2BR,2BA | $1.13 |
The Quad on Delaware | B1R - Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.10 |
242 West Franklin Ave | 1BR/1.0BA | 1BR,1BA | $1.35 |
The Remington Campus Apartments | STUDIO | Studio ,1BA | $1.35 |
Quick Rent Budget Calculator
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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 $495 to $13,467. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nicollet Island ranging from $750 to $7,750.
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 $750 to $7,750 with an average monthly rent of $2,922.
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 $11,957, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,015 and Four Bedroom Apartments start at $535.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.