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Average Rent in Nicollet Island & Rent Trends

Rent prices and market trends across 2 apartment communities in Nicollet Island, Minneapolis MN. Updated daily.

Market Average

$1,793

/month

▼ 7.5% from last month

Lowest Available

$1,240

Communities

2

Units Listed

59

Nicollet Island vs Minneapolis MN Average

Nicollet Island is the same price as the Minneapolis MN average . The citywide average is $1,793/mo across all neighborhoods.

Is Rent Going Up or Down in Nicollet Island?

As of April 2026, the average rent in Nicollet Island is $1,793 per month across 2 apartment communities and 59 available units. Rents have decreased $146 (7.5%) over the past month.

The most affordable option is Hencen Apartments starting at $1,240/mo. By unit type, a studio averages $1,368/mo, a 1-bedroom averages $1,833/mo, a 2-bedroom averages $2,214/mo.

Prices range from $1,240 to $2,566 per month. The most common price point is the $1,800 range, where 19 units are currently listed.

Nicollet Island Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Nicollet Island

Studio
$1,368
from $1,240 · 15 units
1 Bed
$1,833
from $1,456 · 32 units
2 Bed
$2,214
from $1,724 · 12 units

Rent Prices by Apartment in Nicollet Island

Property Starting at Average Units Rating
Hencen Apartments $1,240/mo $1,644/mo 29 4.3
NoLo Living - NoLo South $1,456/mo $1,936/mo 30 4

Google Search Trends for Nicollet Island Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Nicollet Island

What is the average rent in Nicollet Island?
The average rent in Nicollet Island is $1,793 per month as of April 2026, based on 59 units across 2 apartment communities.
Is rent going up or down in Nicollet Island?
Rent in Nicollet Island has decreased $146 (7.5%) over the past month. The current average is $1,793/mo.
What is the cheapest apartment in Nicollet Island?
The most affordable apartment in Nicollet Island is Hencen Apartments with units starting at $1,240/mo.
How much is a 1-bedroom apartment in Nicollet Island?
A 1-bedroom apartment in Nicollet Island averages $1,833/mo, with prices starting at $1,456/mo across 32 available units.
How many apartments are available in Nicollet Island?
There are 59 units available across 2 apartment communities in Nicollet Island.

Explore Nicollet Island Apartments

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