Cheap Apartments for Rent in the Nicollet Island Neighborhood of Minneapolis, MN from $400 (409 Rentals)

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

Nicollet Island

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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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 Studio unit found at Paige Hall priced from $551. The Quad on Delaware has the second lowest priced unit, which is a 4 Beds apartment currently listed from $620. Here are the most affordable Nicollet Island apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Paige HallEfficiencyStudio,1BA$551
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$620
Shoreline PlazaStudioStudio,1BA$653
Wadaag Commons1 BR Apartment1BR,1BA$676
Buri ManorEfficiencyStudio,1BA$699
Brentwood | Origen Living0BR/1.0BAStudio,1BA$715
The BalmoralEfficiencyStudio,1BA$718
Holmes Park Village2 Bedroom2BR,1BA$723
The Remington Campus ApartmentsSTUDIOStudio,1BA$745
Copenhagen Enterprises1706 Stevens Ave StudioStudio,1BA$750

Best Value Apartments for Rent in Nicollet Island, MN

As of April 15, 2025 the best value apartment in the Nicollet Island area is the $0.81 price per square foot 3X3A Renovated Model at The Marshall in the in the University Of Minnesota neighborhood starting from $889. The second greatest value Nicollet Island apartment is the 2BR/1.0BA Model at 1810/12 Bryant Ave S starting at $1,245 with a $1.25 price per square foot in the Greater Central 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.
The Marshall3X3A Renovated3BR,3BA$0.81
1810/12 Bryant Ave S2BR/1.0BA2BR,1BA$1.25
904-9122BR/1.0BA2BR,1BA$1.26
Three-Thirty-Three Oak Grove1 bed 1 Beth1BR,1BA$1.09
Loring Grove Apartments1 Bedroom1BR,1BA$1.00
Yugo Minneapolis 412 Lofts2 Bed, 2 Bath Classic2BR,2BA$1.13
Stevens Community Apartments2B/1B2BR,1BA$1.22
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.10
The Chalet22BR,1BA$1.00
242 West Franklin Ave1BR/1.0BA1BR,1BA$1.28

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Pet Friendly Lifestyle
Nicollet Island, Minneapolis, MN

Ranked #2

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Minneapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Nicollet Island Neighborhood in Minneapolis, MN

Walk Score®

94 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

66 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Nicollet Island Apartments

What is a cheap apartment in Nicollet Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Nicollet Island is under $750.

What is the price of a cheap apartment in Nicollet Island?

The cheapest apartment in Nicollet Island is Wadaag Commons which is listed at $676, while the average apartment in Nicollet Island costs $4,500.

What types of apartments are the cheapest in Nicollet Island?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 181 regular apartments in Nicollet Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Nicollet Island?

Cheap apartments in Nicollet Island have an average cost of $785 which is $3,715 cheaper than the average rent for all rentals in Nicollet Island.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.