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Studio, 1, 2 & 3 Bedroom Apartments in Minneapolis

1500 Nicollet participates in an affordable housing program. Rent at a Low Income Housing Tax Credit Program property has a rent advantage to the resident compared to other neighboring communities. Rental rates are a specific percentage below the area median income (AMI). To accommodate different household income levels, we offer 60% AMI homes and 80% AMI homes, which have different income requirements and are detailed below. This variety allows for more households to be eligible to call 1500 Nicollet home!

Before applying for an available floor plan, review the income limits to determine if you are eligible for a 60% AMI or 80% AMI home.

60% AMI HOMES

*Rental rates that are 60% of the Average Median Income. More information on Tax Credit/Affordable housing here.

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Max. Income

$52,200

$59,604

$67,080

$74,520

$80,520

$86,460

80% AMI HOMES

*Rental rates that are 80% of the Average Median Income. More information on Tax Credit/Affordable housing here.

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Max. Income

$69,600

$79,520

$89,440

$99,360

$107,360

$115,280

The household income is based on GROSS annual income (before any deductions) earned from all sources including; wages, social security payments, public assistance, pensions, annuities, interest income, dividends, stocks, bonds, insurance settlements, recurring gifts from family/friends, lottery winnings, etc. The property has a minimum household income requirement of 2.5 times the monthly rent amount to qualify. Third-party verification will be required of all income and copies of tax returns and pay stubs may be required.

Floorplan Filters

One Bedroom - L (80%)

1 Bed | 1 Bath | 749 Sq. Ft.

80% Household Income Limit Restrictions

One Bedroom - L (60%)

1 Bed | 1 Bath | 749 Sq. Ft.

60% Household Income Limit Restrictions

Two Bedroom - F (60%)

2 Beds | 2 Baths | 1,032 Sq. Ft.

60% Household Income Limit Restrictions

Two Bedroom - Y (60%)

2 Beds | 2 Baths | 1,170 Sq. Ft.

60% Household Income Limit Restrictions

Two Bedroom - Q (60%)

2 Beds | 2 Baths | 1,080 Sq. Ft.

60% Household Income Limit Restrictions

Two Bedroom - U (60%)

2 Beds | 2 Baths | 1,123 Sq. Ft.

60% Household Income Limit Restrictions

Two Bedroom - L (80%)

2 Beds | 2 Baths | 1,056 Sq. Ft.

80% Household Income Limit Restrictions

Two Bedroom - K (60%)

2 Beds | 2 Baths | 1,049 Sq. Ft.

60% Household Income Limit Restrictions

Three Bedroom - B (80%)

3 Beds | 2 Baths | 1,230 Sq. Ft.

80% Household Income Limit Restrictions

Three Bedroom - M (60%)

3 Beds | 2 Baths | 1,310 Sq. Ft.

60% Household Income Limit Restrictions

Welcoming You to Our Apartments in Minneapolis

Discover affordable living with a twist – 1500 Nicollet blends stylish apartment homes with several community leisure options at a fraction of the cost. Our apartments for rent in Minneapolis, MN are well-equipped to welcome professionals, students, families, seniors and everyone in between. We are pet friendly, so bring your four-legged friend along too!

When selecting your floor plan, finding your match has never been easier. Our floorplans start at 543 square feet and go all the way up to 1,310 square feet, offering plenty of space for various family sizes. Whether you opt for a studio, 1, 2, and 3 bedroom apartment home, rest assured that you'll enjoy modern living areas, as well as the convenience of quartz countertops, stainless-steel appliances and a full size washer and dryer. Plus, all residents have access to our Coffee and Tech bar, fitness center with yoga studio and an outdoor community playground.

When you need to venture outside our community, our apartments near Downtown Minneapolis put you right in the center of it all. Quality entertainment and shopping destinations are easily accessible by car or public transportation, with North Loop, Walker Art Center and Minneapolis Convention Center just a few minutes away. Not to mention, you can enjoy a picture-perfect setting or get some fresh air at nearby Loring Park!

Our Loring Park apartments have something exciting for you at every turn. Contact us today to find out more about 1500 Nicollet!