Nerstrand is a small town in Rice County, Minnesota, United States. The population was 295 at the 2010 census.
Minnesota State Highway 246 serves as a main route in the community. Minnesota State Highways 56 and 60 are nearby.
In 1856, Norwegian immigrant Osmund Osmundson moved to Wheeling Township in Rice County. He homesteaded the present site of Nerstrand, building a house and farm, and began to envision a town on the site. In 1877, he built a store on what became the right-of-way for railroad tracks on what is now Main Street. In 1885, the Minnesota and North Western Railroad (later the Chicago Great Western Railway) was constructed, extending from Lyle, Minnesota to St. Paul, and Osmundson platted the town on the line, naming it after his hometown of Nedstrand in Tysvær, Norway.