
Cheap Homes for Rent in Nokomis Neighborhood of Minneapolis, MN from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Nokomis area of Minneapolis.


6109-6111 Nicollet Ave

2504 E 42nd St
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.

2804 E 44th St

2804 E 44th St

4541 Bloomington Ave
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Nokomis, Minneapolis, MN Local Guide

How much does it cost to rent a home in Nokomis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nokomis 2 Bedroom Homes for Rent | $1,578 | $1,375 | $1,750 |
| Nokomis 3 Bedroom Homes for Rent | $2,292 | $1,524 | $2,600 |
| Nokomis 4 Bedroom Homes for Rent | $2,958 | $2,395 | $3,300 |
| Nokomis 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Nokomis Neighborhood of Minneapolis, MN.
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Cheapest Available Nokomis Apartments for Rent
 The cheapest available apartment rental in the Nokomis area of Minneapolis, MN is a Studio unit found at Diamond Lake priced from $850. Wexford Commons Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Nokomis apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Lake | East - Studio | Studio,1BA | $850 |
| Wexford Commons Apartments | Efficiency | Studio,1BA | $895 |
| 1001/15 East 66th St. | 1BR/1.0BA | 1BR,1BA | $895 |
Best Value Apartments for Rent in Nokomis, MN
As of May 28, 2026 the best value apartment in the Nokomis area is the $1.25 price per square foot 2 bed Model at Nicollet Manor in the in the Armatage neighborhood starting from $1,495. The second greatest value Nokomis apartment is the Nokomis Model at City Limits Apartments starting at $1,460 with a $1.70 price per square foot in the Armatage neighborhood. Here is today’s list of the best values for Nokomis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Nicollet Manor | 2 bed | 2BR,1BA | $1.25 |
| City Limits Apartments | Nokomis | 2BR,1BA | $1.70 |
| Millworks Lofts | One Bedroom - N | 1BR,1BA | $1.81 |
| 4900 Chicago | 1 bedroom | 1BR,1BA | $1.41 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| 5544/5301 Chicago Ave S | 5301 Chicago | 1BR,1BA | $1.62 |
| Karmel Apartments | 1 BR, 1 BA | 1BR,1BA | $1.78 |
| 4225 Bloomington Ave | 1 Bedroom 1 Bath | 1BR,1BA | $1.50 |
| Garden Apartments | 1Bed/Bath | 1BR,1BA | $1.71 |
| 1001/15 East 66th St. | 1BR/1.0BA | 1BR,1BA | $1.79 |
Frequently Asked Questions about Nokomis
What type of rentals are currently available in Nokomis?
There are currently 260 Apartments for Rent in Nokomis, MN with pricing that ranges from $850 to $2,936. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nokomis ranging from $1,375 to $3,300.
What is the current price range for Rental Homes in Nokomis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Nokomis ranges from $1,375 to $3,300 with an average monthly rent of $2,232.
How much are larger Three and Four Bedroom Rentals in Nokomis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Nokomis range from $1,600 to $2,660, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,524 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,936.
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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