
Cheap Homes for Rent in Nicollet Island Neighborhood of Minneapolis, MN from $600 (34 Rentals)
Search the lowest-cost Homes available for rent right now in the Nicollet Island area of Minneapolis.


1129 SE 8th St

1101 University Ave SE

1311 Yale Pl

1430 Madison St NE

730 Jefferson St NE

2601 Kenzie Ter, Unit 131

1800 La Salle Ave
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.

1115 N 33rd Ave

2007 Aldrich Ave S

340 16th Ave NE

1912 Dupont Ave S

1605 Portland Ave

1715 Polk St NE

2317 Harriet Avenue, Unit #2

2640 Fillmore St NE
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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.

2204 Grand Ave S

121 S Washington Ave, Unit 8

711 University Ave SE

929 Portland Ave

414 N 33rd Ave

2601 Kenzie Ter, Unit 118

2124 Fremont Ave N

433 S 7th St, Unit 1926
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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929 Portland Ave

2106 Grand Ave S

2106 Grand Ave S

1431 Jefferson St NE

1307 22ND AVE NE, Unit UNIT 2

1134 Lincoln St NE

2628 Quincy St NE

1015 N Humboldt Ave
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1920 S 1st St

2700 Irving Ave N, Unit 2702
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 | $2,147 | $1,250 | $4,495 |
| Nicollet Island 3 Bedroom Homes for Rent | $2,510 | $1,375 | $5,995 |
| Nicollet Island 4 Bedroom Homes for Rent | $2,801 | $1,490 | $5,288 |
| Nicollet Island 5 Bedroom Homes for Rent | $3,186 | $2,500 | $3,895 |
| Nicollet Island 6 Bedroom Homes for Rent | $3,680 | $3,195 | $4,695 |
Browse Homes for Rent in this Neighborhood
There are currently 34 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 4 Beds unit found at Radius priced from $479. Yugo Minneapolis Sydney Hall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $489. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Radius | D5 | 4BR,3BA | $479 |
| Yugo Minneapolis Sydney Hall | 2 Bed, 2 Bath DinkyDome Double Renovated | 2BR,2BA | $489 |
| Paige Hall | Efficiency | Studio,1BA | $551 |
| Shelby Commons | One Bedroom | 1BR,1BA | $624 |
| 214 Oak Grove | Origen Living | 0BR/1.0BA | Studio,1BA | $632 |
| Shoreline Plaza | Studio | Studio,1BA | $653 |
| Spruce Place Apartments | Studio | Studio,1BA | $695 |
| Buri Manor | Efficiency | Studio,1BA | $699 |
| Stevens Community Apartments | Studio | Studio,1BA | $700 |
Best Value Apartments for Rent in Nicollet Island, MN
As of November 27, 2025 the best value apartment in the Nicollet Island area is the $0.78 price per square foot The Augsburg Model at Minnehaha 94 in the in the Cedar-Riverside neighborhood starting from $1,189. The second greatest value Nicollet Island apartment is the G2: 3 Bedrooms/3 Bathrooms Model at Factory Lofts starting at $745 with a $0.50 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. |
|---|---|---|---|
| Minnehaha 94 | The Augsburg | 3BR,2.5BA | $0.78 |
| Factory Lofts | G2: 3 Bedrooms/3 Bathrooms | 3BR,3BA | $0.50 |
| Radius | D2 | 4BR,2BA | $0.63 |
| 872 19th Ave SE, Unit 19th | 872 19th Ave SE | 2BR,1BA | $0.46 |
| Bierman Place | The Quad - By-the-bed | 4BR,2BA | $0.65 |
| 2012 Garfield | Origen Living | 1BR/1.0BA | 1BR,1BA | $1.00 |
| Three-Thirty-Three Oak Grove | 1 bed 1 Beth | 1BR,1BA | $1.09 |
| The Marshall | 2DX2B | 2BR,2BA | $0.78 |
| Pleasant View | 1 Bedroom 1 Bath - Pleasant View | 1BR,1BA | $1.03 |
| 814-8TH | 0BR/1.0BA | Studio ,1BA | $1.17 |
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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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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 1335 Apartments for Rent in Nicollet Island, MN with pricing that ranges from $469 to $12,900. There are also 106 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nicollet Island ranging from $650 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 $650 to $5,995 with an average monthly rent of $2,399.
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 $11,318, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,490 and Four Bedroom Apartments start at $479.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.