The screening of poplar varieties that demonstrate tolerance to low nitrogen (N) represents a promising strategy for improving nitrogen-use efficiency in trees. Such an approach could reduce reliance on N fertilizers while mitigating environmental pollution associated with their cultivation. In this study, a total of 87 poplar varieties were evaluated in a controlled greenhouse pot experiment. Under both low-nitrogen (LN) and normal-nitrogen (NN) conditions, 18 traits spanning four categories—growth performance, leaf morphology, chlorophyll fluorescence, and N isotope parameters were measured. For 13 of these traits (growth, leaf morphology, chlorophyll fluorescence), genetic variation and parameters, including genotypic values, were analyzed using best linear unbiased prediction (BLUP) within a linear mixed model (LMM). LN tolerance of tested poplar varieties was comprehensively assessed with three MGIDI strategies by integrating means, BLUPs, and low-nitrogen tolerance coefficient (LNindex) to rank poplar varieties. The results exhibited highly significant differences across all traits between LN and NN experiments, as well as among varieties. LN stress markedly inhibited growth, altered leaf morphology, and reduced chlorophyll fluorescence parameters in young poplar plants. Among the selection strategies, the MGIDI_LNindex approach demonstrated the highest selection differential percent (SD% = 10.5–35.23%). Using a selection intensity (SI) of 20%, we systematically identified 17 superior genotypes across all three strategies. In a thorough, comprehensive MGIDI-based evaluation, these varieties exhibited exceptional adaptability and stability under LN stress. The selected genotypes represent valuable genetic resources for developing improved poplar cultivars with enhanced low-nitrogen tolerance.