501 on First Apartments

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(507) 516-8874
Check Availability
501 1st Ave SW, Rochester, MN 55902

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Contact

501 on First

501 1st Ave SW
Rochester, MN 55902
(507) 516-8874
501 on First in Rochester, MN - Building Photo
  • Studio–2 Bedrooms
  • $1,375-$3,200Plus Fees
  • 549–1,313Square Feet

About 501 on First

501 on First provides residents with an unparalleled, convenient living experience in our studio apartments and, 1- and 2-bedroom homes available for rent. View our real-time availability then come in for a tour of our wonderful community! For residents of our apartments, we offer access to high-end community and apartment amenities to provide a more luxurious living experience. See the complete list of what you'll have access to when 501 on First becomes your new home!

501 on First is located in the Downtown Rochester Neighborhood and 55902 Zip code of Rochester, MN. This community is professionally managed by MK Properties

Unique Features and Amenities

  • 24-Hour Fitness Center
  • All stainless steel appliances included
  • Cable/phone ready
  • Carpeted Bedrooms
  • Floor-to-ceiling windows
  • Free high-speed internet, water, sewer, and garbage
  • Fully Furnished short term housing
  • Granite counter top
  • Handicap adaptable units
  • Heated Underground Parking Available
  • In Home Washer and Dryer
  • Individual temperature control in each unit
  • Non Smoking Building
  • Pet Friendly
  • Private Patios and Balconies
  • Professional on site-management and maintenance
  • Spacious closets
  • Spacious Open-concept Floor Plans
  • Spectacular views of downtown Rochester

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

501 on First offers Studio to 2 Bedroom apartments starting from $1,575 and having 549–1,313 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • Studio

    Studio

    Studio, 1 Bath, 549 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,375Call for AvailabilityStudio549 sq ft$1,350

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,375 - $1,450

    Deposit

    • $1,350 deposit
  • 1 Bedroom

    1 Bedroom - 1 Bath (Type 6)

    From $1,575

    1 Bed, 1 Bath, 769 sq ft
    Plus Fees
    Available Apr 1

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,600 April 1, 2026501 on First-419769$1,600
    $1,575 April 15, 2026501 on First-319769$1,575

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,550 - $1,600

    Current Available Pricing

    • $1,575 - $1,600 Plus Fees

    Deposit

    • $1,575 deposit

    Unit 501 on First-419 Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Unit 501 on First-419 Lease Information

    Unit Price

    • $1,600
    • View Details and Rent Estimate

    Deposit

    • $1,600 deposit

    Model Rent and Fees

    Model Price Range

    • $1,550 - $1,600Plus Fees

    Unit 501 on First-319 Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Windows

    • Floor-to-ceiling windows

    Unit 501 on First-319 Lease Information

    Unit Price

    • $1,575
    • View Details and Rent Estimate

    Deposit

    • $1,575 deposit

    Model Rent and Fees

    Model Price Range

    • $1,550 - $1,600Plus Fees

    1 Bedroom - 1 Bath (Type 7)

    From $1,675

    1 Bed, 1 Bath, 773 sq ft
    Plus Fees
    Available May 16

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,675 May 16, 2026501 on First-315773$1,675

    Unit 501 on First-315 Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Windows

    • Floor-to-ceiling windows

    Unit 501 on First-315 Lease Information

    Unit Price

    • $1,675
    • View Details and Rent Estimate

    Deposit

    • $1,675 deposit

    Model Rent and Fees

    Model Price Range

    • $1,650 - $1,700Plus Fees

    1 Bedroom - 1 Bath (Type 2.B)

    1 Bed, 1 Bath, 609 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,400Call for Availability1 Bedroom - 1 Bath (Type 2.B)609 sq ft

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,400 - $1,475

    1 Bedroom - 1 Bath (Type 2.A)

    1 Bed, 1 Bath, 609 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,425Call for Availability1 Bedroom - 1 Bath (Type 2.A)609 sq ft$1,400

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,425 - $1,500

    Deposit

    • $1,400 deposit

    1 Bedroom - 1 Bath (Type 3)

    1 Bed, 1 Bath, 668 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,475Call for Availability1 Bedroom - 1 Bath (Type 3)668 sq ft$1,425

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,475 - $1,550

    Deposit

    • $1,425 deposit

    1 Bedroom - 1 Bath (Type 4)

    1 Bed, 1 Bath, 668 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,475Call for Availability1 Bedroom - 1 Bath (Type 4)668 sq ft$1,450

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,475 - $1,550

    Deposit

    • $1,450 deposit

    1 Bedroom - 1 Bath (Type 5)

    1 Bed, 1 Bath, 744 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,600Call for Availability1 Bedroom - 1 Bath (Type 5)744 sq ft$1,525

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,600 - $1,675

    Deposit

    • $1,525 deposit

    1 Bedroom - 1 Bath (Type 8)

    1 Bed, 1 Bath, 823 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,675Call for Availability1 Bedroom - 1 Bath (Type 8)823 sq ft$1,600

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,675 - $1,750

    Deposit

    • $1,600 deposit

    1 Bedroom - 1 Bath (Type 9)

    1 Bed, 1 Bath, 832 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,650Call for Availability1 Bedroom - 1 Bath (Type 9)832 sq ft$1,590

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price

    • $1,650

    Deposit

    • $1,590 deposit

    1 Bedroom - 1 Bath (Type 11)

    1 Bed, 1 Bath, 847 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,700Call for Availability1 Bedroom - 1 Bath (Type 11)847 sq ft$1,715

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,700 - $1,750

    Deposit

    • $1,715 deposit

    1 Bedroom - 1 Bath (Type 10)

    1 Bed, 1 Bath, 847 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,700Call for Availability1 Bedroom - 1 Bath (Type 10)847 sq ft$1,675

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,700 - $1,775

    Deposit

    • $1,675 deposit

    1 Bedroom with Den (Type 12)

    1 Bed, 1 Bath, 859 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,725Call for Availability1 Bedroom with Den (Type 12)859 sq ft$1,700

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,725 - $1,800

    Deposit

    • $1,700 deposit

    1 Bedroom - 1 Bath (Type 13)

    1 Bed, 1 Bath, 924 sq ft
     
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,700Call for Availability1 Bedroom - 1 Bath (Type 13)924 sq ft

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $1,700 - $1,775
    Show Unavailable Floorplans
  • 2 Bedrooms

    2 Bedroom - 2 Bath (Type 14)

    2 Beds, 2 Baths, 1021 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $2,000Call for Availability2 Bedroom - 2 Bath (Type 14)1021 sq ft$2,000

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $2,000 - $2,100

    Deposit

    • $2,000 deposit

    2 Bedroom - 2 Bath (Type 15)

    2 Beds, 2 Baths, 1098 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $2,125Call for Availability2 Bedroom - 2 Bath (Type 15)1098 sq ft

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price Range

    • $2,125 - $2,200

    2 Bedroom - 2 Bath (Type 16)

    2 Beds, 2 Baths, 1193 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $3,200Call for Availability2 Bedroom - 2 Bath (Type 16)1193 sq ft$1,500

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price

    • $3,200

    Deposit

    • $1,500 deposit

    2 Bedroom - 2 Bath (Type 17)

    2 Beds, 2 Baths, 1313 sq ft
     
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $3,000Call for Availability2 Bedroom - 2 Bath (Type 17)1313 sq ft

    Model Amenities and Features

    Unique Features

    • 24-hour fitness center
    • All stainless steel appliances included
    • Cable/phone ready
    • Carpeted bedrooms
    • Floor-to-ceiling windows
    • Free high-speed internet, water, sewer, and garbage
    • Fully Furnished short term housing
    • Granite counter top
    • Handicap adaptable units
    • Heated underground parking available
    • In Home Washer and Dryer
    • Individual temperature control in each unit
    • Non smoking building
    • Pet Friendly
    • Private patios and balconies
    • Professional on site-management and maintenance
    • Spacious closets
    • Spacious open-concept floor plans
    • Spectacular views of downtown Rochester

    Model Lease Information

    Model Price

    • $3,000
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.

Schedule a Tour

Schedule a Tour
Call us at: (507) 516-8874 to schedule a tour.

3D Tours

Property Information

Lease Terms

  • 9 - 13 mo

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.

Other Fees

Pet Fees

Dog

One-Time Pet FeeiCharged Per Pet$300
Monthly Pet FeeiCharged Per Pet$40/mo
20 lbs. Weight Limit
Comments:

We require a pet interview for approval of any pet. Should you have both a cat and dog, it is a 2 pet limit per apartment. We reserve the right to deny any pet.

Cat

One-Time Pet FeeiCharged Per Pet$300
Monthly Pet FeeiCharged Per Pet$30/mo
15 lbs. Weight Limit
Comments:

We require a pet interview for approval of any pet. Should you have both a cat and dog, it is a 2 pet limit per apartment. We reserve the right to deny any pet.

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

Community Features

  • Corporate Housing

Interior Features

  • Windows
Google Map

Map

501 1st Ave SW, Rochester, MN 55902

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayBy Appointment
SundayBy Appointment

Frequently Asked Questions about 501 on First

Where is 501 on First located?

501 on First is located at 501 1st Ave SW near the Downtown Rochester area of Rochester, MN

What is the current rent range at 501 on First?

Studio to 2 Bedroom Apartments at 501 on First currently range from $1,575 to $1,675

When is the leasing office open?

  • The office Hours for 501 on First are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday By Appointment
  • Sunday By Appointment

Are pets allowed?

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

Lifestyle Ratings

  • Luxury 3.2

    The Luxury rating shows you how this community's high end floorplan pricing relates to the local average.

  • Affordability Nice Value3.0

    The 501 on First Apartments are 13.8% cheaper than the average apartment in the Downtown Rochester area, and 6.73% cheaper than the average apartment city-wide.

    Rent Comparison to the Downtown Rochester Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,400$1,723-$323-18.7%
    Studio$1,375$1,523-$148-9.7%
    2 Bedroom$2,000$2,299-$299-13.0%

    Rent Comparison to the city of Rochester

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,400$1,646-$246-14.9%
    Studio$1,375$1,443-$68-4.7%
    2 Bedroom$2,000$2,012-$12-0.6%

    Methodology: On 02/20/2026, ApartmentHomeLiving.com compared current rents by floorplan to 233 other apartment communities in the immediate area around 501 on First (Downtown Rochester), and 436 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 02/20/2026

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
603 15th Avenue Southwest
Public School - Grades PK-5 (315 Students)
In Attendance Zone3 minute drive / 1.0 miles away
8/10

Mayo Senior High

Rochester Public
1420 11th Avenue Southeast
Public School - Grades 8-12 (1862 Students)
In Attendance Zone4 minute drive / 1.4 miles away
9/10

John Adams Middle

Rochester Public
1525 31st Street Northwest
Public School - Grades 6-8 (731 Students)
In Attendance Zone6 minute drive / 2.9 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 501 on First.

Big Box and Retail

Walgreens

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

Macy's

901 Apache Mall
3 minute drive / 1.3 miles away

Autozone

1880 Broadway Ave N
5 minute drive / 1.67 miles away

Colleges and Universities

University Of Minnesota-Rochester

300 University Square 111 South Broadway
1 minute drive / 0.36 miles away

Hospitals

Mayo Clinic Hospital Rochester

1216 Second Street Southwest
1 minute drive / 0.58 miles away

Olmsted Medical Center

1650 Fourth Street Southeast
4 minute drive / 1.49 miles away

Community Behavioral Health Hospital Rochester

251 Wood Lake Drive Southeast
7 minute drive / 3.28 miles away

Shopping Centers

Centerplace Galleria

111 S Broadway
1 minute drive / 0.37 miles away

Strip Mall on Broadway

200-216 N Broadway
1 minute drive / 0.55 miles away

Soldier Field Plaza

816 S Broadway
1 minute drive / 0.56 miles away

501 on First has 5 shopping centers within 0.9 miles.

Nearby Neighborhoods

Studio to 3 Bedroom Apartments from $800
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Rochester Studio Apartments $1,443$850$1,995
Rochester 1 Bedroom Apartments $1,646$800$2,705
Rochester 2 Bedroom Apartments $2,012$875$4,000
Rochester 3 Bedroom Apartments $2,280$1,050$3,875
Rochester 4 Bedroom Apartments $4,010$3,773$4,218

Browse Top Apartments in Rochester

Viewing: 501 on First | Desktop Version | Listing Updated: 02/19/2026 | AHLPLA