Cheap Homes for Rent in Nokomis Neighborhood of Minneapolis, MN from $900 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-10, Page 1 of 1

Nokomis, Minneapolis, MN Local Guide

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 Properties priced from $795. Wexford Commons Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Nokomis apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Diamond Lake PropertiesModel EAStudio,1BA$795
Wexford Commons ApartmentsEfficiencyStudio,1BA$875
3816 Nicollet ApartmentsOne Bedroom1BR,1BA$925

Best Value Apartments for Rent in Nokomis, MN

As of September 20, 2025 the best value apartment in the Nokomis area is the $1.53 price per square foot 4406-1 Nicollet Ave Model at 4406-1 Nicollet Ave, Unit 1 in the in the Armatage neighborhood starting from $2,300. The second greatest value Nokomis apartment is the 4241 Cedar Ave S Model at 4241 Cedar Ave S, Unit 4241 starting at $1,700 with a $1.36 price per square foot in the Windom neighborhood. Here is today’s list of the best values for Nokomis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4406-1 Nicollet Ave, Unit 14406-1 Nicollet Ave3BR,2BA$1.53
4241 Cedar Ave S, Unit 42414241 Cedar Ave S2BR,1BA$1.36
4242 S 15th Ave, Unit 14242 S 15th Ave3BR,1BA$1.75
4137 4th Ave S, Unit A4137 4th Ave S1BR,1BA$1.72
Millworks LoftsOne Bedroom - B1BR,1BA$1.70
South Pleasant Apartments2BR/1.0BA2BR,1BA$1.69
5544/5301 Chicago Ave S5600 Nicollet1BR,1BA$1.78
34th Ave S Apartments1Bed/Bath1BR,1BA$1.79
Windom GablesStudioStudio ,1BA$1.89
3816 Nicollet ApartmentsOne Bedroom1BR,1BA$1.68

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Nokomis, Minneapolis, MN

Ranked #110

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $700 to $2,845. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nokomis ranging from $975 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 $975 to $4,495 with an average monthly rent of $2,295.

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.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.