318 Commons Apartments

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(507) 512-3556
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318 1st Ave SW, Rochester, MN 55902

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318 Commons

318 1st Ave SW
Rochester, MN 55902
(507) 512-3556
318 Commons in Rochester, MN - Building Photo
  • Studio–3 Bedrooms
  • $1,295-$1,825Plus Fees11 Month Lease Term
  • 497–1,071Square Feet

Rent Specials

Specials~~Currently furnished and unfurnished units available!

About 318 Commons

318 Commons offers modern living in the heart of downtown Rochester, MN. With convenient access to Mayo Clinic, the University of Minnesota Rochester, dining, shopping, and entertainment, 318 Commons is perfect for students, professionals, and anyone seeking a vibrant, urban lifestyle. Enjoy contemporary apartments with premium finishes and amenities designed to enhance your comfort and convenience. Please note that leases may not extend past July 31st, 2026.

318 Commons is located in the Downtown Rochester Neighborhood and 55902 Zip code of Rochester, MN. This community is professionally managed by Alliance Property Management

Property Contact Info

Floorplan Pricing and Availability

318 Commons offers Studio to 3 Bedroom apartments starting from $1,350 and having 497–1,071 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • Studio

    0BR/1.0BA

    From $1,350

    Studio, 1 Bath, 497 sq ft
    Plus Fees
    Available Apr 7

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,350 April 7, 2026708497

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Security System
    • Smoke Free
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Granite Countertops

    Unit 708 Lease Information

    Unit Price

    • $1,350
    • View Details and Rent Estimate

    Model Lease Information

    Model Price Range

    • $1,295 - $1,495Plus Fees
  • 2 Bedrooms

    2BR/1.0BA

    From $1,550

    2 Beds, 1 Bath, 698 sq ft
    Plus Fees
    Available May 7

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,550 May 7, 2026812698$1,000

    Unit 812 Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Washer/Dryer

    Kitchen

    • Dishwasher
    • Eat-in Kitchen
    • Granite Countertops
    • Stainless Steel Appliances

    Living Space

    • High Ceilings
    • Vinyl Flooring

    Unit 812 Lease Information

    Unit Price

    • $1,550
    • View Details and Rent Estimate

    Deposit

    • $1,000 deposit

    Unit Description

    Located in the heart of downtown Rochester, 318 Commons offers an unbeatable living experience with its modern and stylish apartments. The building is conveniently skyway connected, providing easy access to all of the downtown hotspots, shops, and restaurants. Each unit comes furnished with living room and bedroom furniture, offering comfort and convenience to residents. To make life even easie...Contact the property to learn more about this unit.

    Model Lease Information

    Model Price Range

    • $1,495 - $1,675Plus Fees
  • 3 Bedrooms

    3BR/3.0BA

    $1,825

    3 Beds, 3 Baths, 1071 sq ft
    Plus Fees
    Available May 15

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotos
    $1,825 May 15, 2026818 - A1071$1,000

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Security System
    • Smoke Free
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)
    • Wi-Fi
    • Windows

    Kitchen

    • Dishwasher
    • Granite Countertops

    Unit 818 - A Lease Information

    Unit Price

    • $1,825
    • View Details and Rent Estimate

    Deposit

    • $1,000 deposit

    Unit Description

    Located in the heart of downtown Rochester, 318 Commons offers an unbeatable living experience with its modern and stylish apartments. The building is conveniently skyway connected, providing easy access to all of the downtown hotspots, shops, and restaurants. Each unit comes furnished with living room and bedroom furniture, offering comfort and convenience to residents. To make life even easie...Contact the property to learn more about this unit.

    Model Lease Information

    Price

    • $1,825Plus Fees
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

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Schedule a Tour
Call us at: (507) 512-3556 to schedule a tour.

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Property Information

  • 98 Units
  • 9 Stories
  • Built in 2011
  • Furnished

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$50

Other Fees and Policies

Pet Fees

No Pets Allowed

Parking Info and Fees

Coveredi3rd Street Ramp across the street
  • 160 Max
  • $168/Mo

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Unique Amenities

  • Outdoor Plaza With A Large Sitting Area
  • Skyway connected

On-Site Services

  • Property Manager On Site
  • Community Wide Wi Fi

Community Features

  • Elevator

Outdoor Features

  • Sundeck
  • Controlled Access

Recreation and Fitness

  • Gameroom

Interior Features

  • Windows
  • Security System
  • High Speed Internet Access
  • Cable Ready
  • Washer/Dryer
  • Air Conditioning
  • Wi Fi
  • Wheelchair Accessible (Rooms)
  • Smoke Free

Kitchen Amenities

  • Dishwasher
  • Granite Countertops

Living Area Features

  • Tile Floors
  • Views
  • Hardwood Floors

Pet Policy

  • No Pets Allowed
Google Map

Map

318 1st Ave SW, Rochester, MN 55902

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday8:30 am–4:30 pm
Tuesday8:30 am–4:30 pm
Wednesday8:30 am–4:30 pm
Thursday8:30 am–4:30 pm
Friday8:30 am–4:30 pm
SaturdayBy Appointment
SundayBy Appointment

Frequently Asked Questions about 318 Commons

Where is 318 Commons located?

318 Commons is located at 318 1st Ave SW near the Downtown Rochester area of Rochester, MN

What is the current rent range at 318 Commons?

Studio to 3 Bedroom Apartments at 318 Commons currently range from $1,350 to $1,825

When is the leasing office open?

  • The office Hours for 318 Commons are
  • Monday 8:30 am–4:30 pm
  • Tuesday 8:30 am–4:30 pm
  • Wednesday 8:30 am–4:30 pm
  • Thursday 8:30 am–4:30 pm
  • Friday 8:30 am–4:30 pm
  • Saturday By Appointment
  • Sunday By Appointment

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at 318 Commons is: Specials~~Currently furnished and unfurnished units available!.

Lifestyle Ratings

  • Affordability Nice Value3.2

    The 318 Commons Apartments are 28.5% cheaper than the average apartment in the Downtown Rochester area, and 18.87% cheaper than the average apartment city-wide.

    Rent Comparison to the Downtown Rochester Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$1,295$1,523-$228-15.0%
    2 Bedroom$1,495$2,333-$838-35.9%
    3 Bedroom$1,825$2,790-$965-34.6%

    Rent Comparison to the city of Rochester

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$1,295$1,476-$181-12.3%
    2 Bedroom$1,495$2,007-$512-25.5%
    3 Bedroom$1,825$2,247-$422-18.8%

    Methodology: On 03/18/2026, ApartmentHomeLiving.com compared current rents by floorplan to 142 other apartment communities in the immediate area around 318 Commons (Downtown Rochester), and 324 other apartment communities in Rochester using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 03/18/2026

  • Transit Friendly 3.0

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

5.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Folwell Elementary

Rochester Public School District
603 15th Avenue Southwest
Public School - Grades PK-5 (0 Students)
In Attendance Zone3 minute drive / 1.1 miles away
8/10

Mayo Senior High

Rochester Public School District
1420 11th Avenue Southeast
Public School - Grades 6-12 (0 Students)
In Attendance Zone4 minute drive / 1.4 miles away
9/10

John Adams Middle

Rochester Public School District
1525 31st Street Northwest
Public School - Grades 6-8 (0 Students)
In Attendance Zone5 minute drive / 2.8 miles away
5/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from 318 Commons.

Big Box and Retail

Walgreens

80 14th St SW
3 minute drive / 1.2 miles away

Macy's

901 Apache Mall
4 minute drive / 1.55 miles away

Autozone

1880 Broadway Ave N
4 minute drive / 1.58 miles away

Colleges and Universities

University Of Minnesota-Rochester

300 University Square 111 South Broadway
1 minute drive / 0.23 miles away

Hospitals

Olmsted Medical Center

1650 Fourth Street Southeast
3 minute drive / 1.0 miles away

Mayo Clinic Hospital Rochester

1216 Second Street Southwest
3 minute drive / 1.07 miles away

Community Behavioral Health Hospital Rochester

251 Wood Lake Drive Southeast
6 minute drive / 3.22 miles away

Shopping Centers

Centerplace Galleria

111 S Broadway
1 minute drive / 0.25 miles away

Strip Mall on Broadway

200-216 N Broadway
1 minute drive / 0.42 miles away

Soldier Field Plaza

816 S Broadway
1 minute drive / 0.43 miles away

318 Commons has 5 shopping centers within 1.2 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $800
View Rentals
Studio to 3 Bedroom Apartments from $800
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Studio to 4 Bedroom Apartments from $800
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Rochester Studio Apartments $1,476$875$1,995
Rochester 1 Bedroom Apartments $1,673$800$10,000+
Rochester 2 Bedroom Apartments $2,007$895$4,000
Rochester 3 Bedroom Apartments $2,247$1,050$5,588
Rochester 4 Bedroom Apartments $4,015$3,773$4,218

Browse Top Apartments in Rochester

Viewing: 318 Commons | Desktop Version | Listing Updated: 03/16/2026 | AHLGLD