4451 Bloomington Ave
MinneapolisMN55407
Cheap Homes for Rent in the Nokomis Neighborhood of Minneapolis, MN from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Nokomis area of Minneapolis.
5430 S 34th Ave
MinneapolisMN55417
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.
4527 Minnehaha Ave
MinneapolisMN55406
5749 33rd Ave S
MinneapolisMN55417
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.
4429 Nicollet Ave
MinneapolisMN55419
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Nokomis, Minneapolis, MN Local Guide
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in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent a home in Nokomis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nokomis 2 Bedroom Homes for Rent | $1,796 | $1,375 | $2,050 |
| Nokomis 3 Bedroom Homes for Rent | $2,412 | $2,095 | $2,800 |
| Nokomis 4 Bedroom Homes for Rent | $2,847 | $2,695 | $2,999 |
| Nokomis 5 Bedroom Homes for Rent | $4,495 | $4,495 | $4,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 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 |
| 3816 Nicollet Apartments | One Bedroom | 1BR,1BA | $925 |
Best Value Apartments for Rent in Nokomis, MN
As of July 12, 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 Hiawatha Model at City Limits Apartments starting at $1,345 with a $1.71 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 | Hiawatha | 1BR,1BA | $1.71 |
| Sander Drive Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.32 |
| Snelling Yards | 2 Bedroom (50%) | 2BR,1BA | $1.92 |
| South Pleasant Apartments | 2BR/1.0BA | 2BR,1BA | $1.56 |
| Karmel Apartments | 1 BR, 1 BA | 1BR,1BA | $1.78 |
| Blaisdell Manor | 1 Bedroom | 1BR,1BA | $1.57 |
| 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 263 Apartments for Rent in Nokomis, MN with pricing that ranges from $850 to $3,350. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nokomis ranging from $1,150 to $4,495.
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 $1,150 to $4,495 with an average monthly rent of $2,331.
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 $2,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $2,750.
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
A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
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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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Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.