
Cheap Homes for Rent in the Nokomis Neighborhood of Minneapolis, MN from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Nokomis area of Minneapolis.


4620 4th Ave S, Unit 1

1405 E 40th St, Unit APT 6F

5136 Hiawatha Ave, Unit 101

6029 Portland Ave S
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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3815 2nd Ave S

6336 Nicollet Ave, Unit 1

4239 Minnehaha Ave

4244 45th Ave S

3632 5th Ave S
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4030 Pillsbury Ave, Unit #2
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 | $1,831 | $1,500 | $2,145 |
| Nokomis 3 Bedroom Homes for Rent | $2,506 | $2,100 | $3,200 |
| Nokomis 4 Bedroom Homes for Rent | $2,673 | $2,395 | $2,999 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Nokomis Neighborhood of Minneapolis, MN.
Explore Minneapolis
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. 3816 Nicollet Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. 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 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $925 |
| Overland Apartments | Pacific | Studio,1BA | $945 |
| 4225 Bloomington Ave | 1 Bedroom 1 Bath | 1BR,1BA | $975 |
| CityLine | Morris | Studio,1BA | $999 |
Best Value Apartments for Rent in Nokomis, MN
As of August 26, 2026 the best value apartment in the Nokomis area is the $1.33 price per square foot 2BR/1.0BA Model at 4200 1st Avenue South in the in the Powderhorn neighborhood starting from $1,300. The second greatest value Nokomis apartment is the Harriet Model at City Limits Apartments starting at $1,480 with a $1.62 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. |
|---|---|---|---|
| 4200 1st Avenue South | 2BR/1.0BA | 2BR,1BA | $1.33 |
| City Limits Apartments | Harriet | 2BR,1BA | $1.62 |
| Millworks Lofts | One Bedroom - N | 1BR,1BA | $1.81 |
| Snelling Yards | 2 Bedroom (50%) | 2BR,1BA | $1.90 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| 4052 Minnehaha Avenue | 1-Bedroom Large | 1BR,1BA | $1.50 |
| 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 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $1.68 |
Frequently Asked Questions about Nokomis
What type of rentals are currently available in Nokomis?
There are currently 262 Apartments for Rent in Nokomis, MN with pricing that ranges from $850 to $2,799. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nokomis ranging from $1,200 to $3,200.
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 $1,200 to $3,200 with an average monthly rent of $2,310.
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 $1,615 to $2,658, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,799.
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

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.