Cheap Homes for Rent in Nicollet Island Neighborhood of Minneapolis, MN from $600 (34 Rentals)

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

property at 344 16th Ave NE

344 16th Ave NE

MinneapolisMN55413
property at 1129 SE 8th St

1129 SE 8th St

MinneapolisMN55414
property at 1430 Madison St NE

1430 Madison St NE

MinneapolisMN55413
property at 730 Jefferson St NE

730 Jefferson St NE

MinneapolisMN55413
property at 2601 Kenzie Ter

2601 Kenzie Ter, Unit 131

2601 Kenzie Ter
MinneapolisMN55418
property at 1800 La Salle Ave

1800 La Salle Ave

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 1115 N 33rd Ave

1115 N 33rd Ave

MinneapolisMN55412
property at 340 16th Ave NE

340 16th Ave NE

MinneapolisMN55413
property at 1912 Dupont Ave S

1912 Dupont Ave S

MinneapolisMN55403
property at 1605 Portland Ave

1605 Portland Ave

MinneapolisMN55404
property at 1715 Polk St NE

1715 Polk St NE

MinneapolisMN55413
property at 2317 Harriet Avenue

2317 Harriet Avenue, Unit #2

2317 Harriet Avenue
MinneapolisMN55405

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 2204 Grand Ave S

2204 Grand Ave S

MinneapolisMN55405
property at 121 S Washington Ave

121 S Washington Ave, Unit 8

121 S Washington Ave
MinneapolisMN55401
property at 711 University Ave SE

711 University Ave SE

MinneapolisMN55414
property at 929 Portland Ave

929 Portland Ave

MinneapolisMN55404
property at 414 N 33rd Ave

414 N 33rd Ave

MinneapolisMN55412
property at 2601 Kenzie Ter

2601 Kenzie Ter, Unit 118

2601 Kenzie Ter
MinneapolisMN55418
property at 2124 Fremont Ave N

2124 Fremont Ave N

MinneapolisMN55411
property at 433 S 7th St

433 S 7th St, Unit 1926

433 S 7th St
MinneapolisMN55415

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.

property at 929 Portland Ave

929 Portland Ave

MinneapolisMN55404
property at 2106 Grand Ave S

2106 Grand Ave S

MinneapolisMN55405
property at 1431 Jefferson St NE

1431 Jefferson St NE

MinneapolisMN55413
property at 1307 22ND AVE NE

1307 22ND AVE NE, Unit UNIT 2

1307 22ND AVE NE
MinneapolisMN55418
property at 2628 Quincy St NE

2628 Quincy St NE

MinneapolisMN55418
property at 1015 N Humboldt Ave

1015 N Humboldt Ave

MinneapolisMN55411

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

property at 1920 S 1st St

1920 S 1st St

MinneapolisMN55454
property at 2700 Irving Ave N

2700 Irving Ave N, Unit 2702

2700 Irving 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 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 ListingModel NameBed/BathPriced From
RadiusD54BR,3BA$479
Yugo Minneapolis Sydney Hall2 Bed, 2 Bath DinkyDome Double Renovated2BR,2BA$489
Paige HallEfficiencyStudio,1BA$551
Shelby CommonsOne Bedroom1BR,1BA$624
214 Oak Grove | Origen Living0BR/1.0BAStudio,1BA$632
Shoreline PlazaStudioStudio,1BA$653
Spruce Place ApartmentsStudioStudio,1BA$695
Buri ManorEfficiencyStudio,1BA$699
Stevens Community ApartmentsStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Minnehaha 94The Augsburg3BR,2.5BA$0.78
Factory LoftsG2: 3 Bedrooms/3 Bathrooms3BR,3BA$0.50
RadiusD24BR,2BA$0.63
872 19th Ave SE, Unit 19th872 19th Ave SE2BR,1BA$0.46
Bierman PlaceThe Quad - By-the-bed4BR,2BA$0.65
2012 Garfield | Origen Living1BR/1.0BA1BR,1BA$1.00
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
The Marshall2DX2B2BR,2BA$0.78
Pleasant View1 Bedroom 1 Bath - Pleasant View1BR,1BA$1.03
814-8TH0BR/1.0BAStudio ,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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The 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.

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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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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 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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.