Nicollet Island

Minneapolis, MN

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Nicollet Island - Minneapolis, MN

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An upscale oasis on the Mississippi River

Upscale Suburban Island Riverfront Restaurants

A quaint island on the Mississippi River, Nicollet Island is a cozy green space and residential neighborhood that’s partially an island and partially on land across the river from downtown. Residents have easy access to the Warehouse District and Downtown Minneapolis. Although part of town is considered an island, most of the apartments available for rent are on land and range from affordable to upscale with many high-end options. Nicollet Island is home to excellent public schools, beautiful views of the water, charming island inns, and delicious local restaurants.

Rent Trends

As of April 2025, the average apartment rent in Nicollet Island is $1,426 for a studio, $1,887 for one bedroom, $2,767 for two bedrooms, and $4,523 for three bedrooms. Apartment rent in Nicollet Island has decreased by -0.6% in the past year.

  • Studio

  • 493 sq ft

    Average Sq Ft

  • $1,426/month

    Average Rent

  • 1 BR

  • 694 sq ft

    Average Sq Ft

  • $1,887/month

    Average Rent

  • 2 BR

  • 1,102 sq ft

    Average Sq Ft

  • $2,767/month

    Average Rent

  • 3 BR

  • 1,773 sq ft

    Average Sq Ft

  • $4,523/month

    Average Rent

Transportation

94

Walker's Paradise

out of 100 WalkScore® Rating

Lace up your walking shoes because this area is considered a walker’s paradise.

66

Good Transit

out of 100 TransitScore® Rating

The area around this property has good transit with many nearby transportation options.

93

Biker's Paradise

out of 100 BikeScore® Rating

Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.

Points of Interest

Top Apartments in Nicollet Island

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.