501 on First Apartments in Rochester, MN

Q: 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,

Photos

501 on First in Rochester, MN - Building Photo — Interior Photo

501 on First in Rochester, MN - Building Photo - Interior Photo — Interior Photo

Contact

501 on First

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

Studio–2 Bedrooms
$1,325-$3,200Total Monthly Price
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
A multitude of restaurants, shops, and other entertainment options within walking distance
All Stainless Steel Appliances Included
Cable/phone ready
Carpeted Bedrooms
Community Room with Full Kitchen
Controlled Access Entry
Floor-to-Ceiling Windows
Free high-speed internet, water, sewer, and garbage
Fully Furnished short term housing
Granite counter top
Handicap adaptable units
Heated Sidewalk
Heated Underground Parking Available
In Home Washer and Dryer
Individual temperature control in each unit
Indoor Bike Storage
Landscaping maintenance and snow removal
Located in the heart of downtown Rochester
Meet your neighbor social gatherings
Non Smoking Building
One block from sky way system
One block from Soldiers Field, which includes an eighteen-hole golf course, swimming pool, and bikin
Pasquale's Neighborhood Pizzeria and Pure Barre are located at 501 on First
Pet Friendly
PFC located right next door
Private Patios and Balconies
Professional on site-management and maintenance
Recycling/trash chutes located on each floor for convenient disposal
Rental car on site
Spacious Closets
Spacious Open-concept Floor Plans
Spectacular views of downtown Rochester
Storage Units Available
Top floor terrace
Video Surveillance

See All Amenities

Property Contact Info

Call Us: (507) 516-8874

Ask About Our Move-In Specials

Floorplan Pricing and Availability

501 on First offers Studio to 2 Bedroom apartments starting from $1,350 and having 549–1,313 sq ft. Here is the current pricing and availability:

Studio
1 Bedrooms
2 Bedrooms

Studio
Studio
Studio, 1 Bath, 549 sq ft
Model Gallery
Availability Details
Price Availability Date Unit Sq Ft Deposit
From $1,325 Call for Availability Studio 549 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
$1,325 - $1,375
Deposit
$1,350 deposit

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,325	Call for Availability	Studio	549 sq ft	$1,350

1 Bedroom - 1 Bath (Type 11)

From $1,715

1 Bed, 1 Bath, 847 sq ft

Total Monthly Price

Available Now

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit	Property Map
$1,715	Available Now	501 on First-327	847	$1,715

Unit 501 on First-327 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-327 Lease Information

Unit Price

$1,715

Deposit

$1,715 deposit

Model Rent and Fees

Model Price Range

$1,675 - $1,750

1 Bedroom - 1 Bath (Type 11) - Floorplan 1

1 Bedroom - 1 Bath (Type 2.B)

From $1,350

1 Bed, 1 Bath, 609 sq ft

Total Monthly Price

Available Oct 13

Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Property Map
$1,350	October 13, 2025	501 on First-213	609

Unit 501 on First-213 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-213 Lease Information

Unit Price

$1,350

Model Rent and Fees

Model Price Range

$1,350 - $1,425

1 Bedroom - 1 Bath (Type 2.B) - Floorplan 1

1 Bedroom - 1 Bath (Type 10)

From $1,675

1 Bed, 1 Bath, 847 sq ft

Total Monthly Price

Available Oct 20

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit	Property Map	View Details
$1,675	October 20, 2025	501 on First-200	847	$1,675		View Details Below
$1,750	November 12, 2025	501 on First-500	847	$1,750		View Details Below

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

$1,675 deposit

Unit 501 on First-200 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-200 Lease Information

Unit Price

$1,675

Deposit

$1,675 deposit

Model Rent and Fees

Model Price Range

$1,675 - $1,750

Unit 501 on First-500 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-500 Lease Information

Unit Price

$1,750

Deposit

$1,750 deposit

Model Rent and Fees

Model Price Range

$1,675 - $1,750

1 Bedroom - 1 Bath (Type 10) - Floorplan 1

1 Bedroom - 1 Bath (Type 2.A)

1 Bed, 1 Bath, 609 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,375	Call for Availability	1 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

$1,375 - $1,450

Deposit

$1,400 deposit

1 Bedroom - 1 Bath (Type 2.A) - Floorplan 1

1 Bedroom - 1 Bath (Type 3)

1 Bed, 1 Bath, 668 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,400	Call for Availability	1 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

$1,400 - $1,475

Deposit

$1,425 deposit

1 Bedroom - 1 Bath (Type 3) - Floorplan 1

1 Bedroom - 1 Bath (Type 4)

1 Bed, 1 Bath, 668 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,400	Call for Availability	1 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

$1,400 - $1,475

Deposit

$1,450 deposit

1 Bedroom - 1 Bath (Type 4) - Floorplan 1

1 Bedroom - 1 Bath (Type 5)

1 Bed, 1 Bath, 744 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,525	Call for Availability	1 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

$1,525 - $1,600

Deposit

$1,525 deposit

1 Bedroom - 1 Bath (Type 5) - Floorplan 1

1 Bedroom - 1 Bath (Type 6)

1 Bed, 1 Bath, 769 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,500	Call for Availability	1 Bedroom - 1 Bath (Type 6)	769 sq ft	$1,550

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

$1,500 - $1,550

Deposit

$1,550 deposit

1 Bedroom - 1 Bath (Type 6) - Floorplan 1

1 Bedroom - 1 Bath (Type 7)

1 Bed, 1 Bath, 773 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,550	Call for Availability	1 Bedroom - 1 Bath (Type 7)	773 sq ft	$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 - $1,625

Deposit

$1,575 deposit

1 Bedroom - 1 Bath (Type 7) - Floorplan 1

1 Bedroom - 1 Bath (Type 8)

1 Bed, 1 Bath, 823 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,625	Call for Availability	1 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

$1,625 - $1,700

Deposit

$1,600 deposit

1 Bedroom - 1 Bath (Type 8) - Floorplan 1

1 Bedroom - 1 Bath (Type 9)

1 Bed, 1 Bath, 832 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
$1,600	Call for Availability	1 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

$1,600

Deposit

$1,590 deposit

1 Bedroom - 1 Bath (Type 9) - Floorplan 1

1 Bedroom with Den (Type 12)

1 Bed, 1 Bath, 859 sq ft

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft	Deposit
From $1,675	Call for Availability	1 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

$1,675 - $1,750

Deposit

$1,700 deposit

1 Bedroom with Den (Type 12) - Floorplan 1

1 Bedroom - 1 Bath (Type 13)

1 Bed, 1 Bath, 924 sq ft

Largest 1 BedroomThis is the largest 1 Bedroom at this Property

Model Gallery

Floorplans

Availability Details

Price	Availability Date	Unit	Sq Ft
From $1,650	Call for Availability	1 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

$1,650 - $1,750

1 Bedroom - 1 Bath (Type 13) - Floorplan 1

Show Unavailable Floorplans

2 Bedrooms
2 Bedroom - 2 Bath (Type 16)
From $3,000
2 Beds, 2 Baths, 1193 sq ft
Total Monthly Price
Available Oct 10
Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit Property Map
$3,000 October 10, 2025 501 on First-522 1193 $1,500
Unit 501 on First-522 Gallery
Property Map
Unit 501 on First-522 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-522 Lease Information
Unit Price
$3,000
Deposit
$1,500 deposit
Model Rent and Fees
Model Price Range
$3,000 - $3,200
Apartment Model: 2 Bedroom - 2 Bath (Type 16)From $3,0002 Bedroom, 2 Bath, 1193 sq ftAvailable October 10, 2025
2 Bedroom - 2 Bath (Type 16) - Floorplan 1
Apartment Unit: 501 on First-522Apartment Model: 2 Bedroom - 2 Bath (Type 16)$3,0002 Bedroom, 2 Bath, 1193 sq ftAvailable October 10, 2025
2 Bedroom - 2 Bath (Type 14)
2 Beds, 2 Baths, 1021 sq ft
Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit
From $2,000 Call for Availability 2 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
Apartment Model: 2 Bedroom - 2 Bath (Type 14)From $2,0002 Bedroom, 2 Bath, 1021 sq ftUnavailable
2 Bedroom - 2 Bath (Type 14) - Floorplan 1
2 Bedroom - 2 Bath (Type 15)
2 Beds, 2 Baths, 1098 sq ft
Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft
From $2,125 Call for Availability 2 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
Apartment Model: 2 Bedroom - 2 Bath (Type 15)From $2,1252 Bedroom, 2 Bath, 1098 sq ftUnavailable
2 Bedroom - 2 Bath (Type 15) - Floorplan 1
2 Bedroom - 2 Bath (Type 17)
2 Beds, 2 Baths, 1313 sq ft

Largest 2 BedroomThis is the largest 2 Bedroom at this Property
Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft
$2,650 Call for Availability 2 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
$2,650
Apartment Model: 2 Bedroom - 2 Bath (Type 17)$2,6502 Bedroom, 2 Bath, 1313 sq ftUnavailable
2 Bedroom - 2 Bath (Type 17) - Floorplan 1
Show Unavailable Floorplans

Price	Availability Date	Unit	Sq Ft	Deposit	Property Map
$3,000	October 10, 2025	501 on First-522	1193	$1,500

Price	Availability Date	Unit	Sq Ft	Deposit
From $2,000	Call for Availability	2 Bedroom - 2 Bath (Type 14)	1021 sq ft	$2,000

Price	Availability Date	Unit	Sq Ft
From $2,125	Call for Availability	2 Bedroom - 2 Bath (Type 15)	1098 sq ft

Price	Availability Date	Unit	Sq Ft
$2,650	Call for Availability	2 Bedroom - 2 Bath (Type 17)	1313 sq ft

Price shown is total price including community-supplied monthly required fees. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

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

Matterport 3D Tours

1BR, 1BA - 744SF

2BR, 2BA - 1193 SF

Fitness Center

Property Information

84 Units
5 Stories
Built in 2016
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Lease Terms

9 - 13 mo

Ask About Our Lease Terms

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Other Fees

Pet Fees

One-Time Pet Fee$300
Monthly Pet Fee$30/mo
One-Time Pet Fee$300
Monthly Pet Fee$40/mo

Features and Amenities

Unique Amenities

24-Hour Fitness Center
A multitude of restaurants, shops, and other entertainment options within walking distance
All Stainless Steel Appliances Included
Cable/phone ready
Carpeted Bedrooms
Community Room with Full Kitchen
Controlled Access Entry
Floor-to-Ceiling Windows
Free high-speed internet, water, sewer, and garbage
Fully Furnished short term housing
Granite counter top
Handicap adaptable units
Heated Sidewalk
Heated Underground Parking Available
In Home Washer and Dryer
Individual temperature control in each unit
Indoor Bike Storage
Landscaping maintenance and snow removal
Located in the heart of downtown Rochester
Meet your neighbor social gatherings
Non Smoking Building
One block from sky way system
One block from Soldiers Field, which includes an eighteen-hole golf course, swimming pool, and bikin
Pasquale's Neighborhood Pizzeria and Pure Barre are located at 501 on First
Pet Friendly
PFC located right next door
Private Patios and Balconies
Professional on site-management and maintenance
Recycling/trash chutes located on each floor for convenient disposal
Rental car on site
Spacious Closets
Spacious Open-concept Floor Plans
Spectacular views of downtown Rochester
Storage Units Available
Top floor terrace
Video Surveillance

Community Features

Business Center

Ask About Our Amenities

Map

501 1st Ave SW, Rochester, MN 55902

Shopping
Colleges
Medical

Map

Schedule a Time to Come See Us

Hours and Contact Info

Call Us - Open Now!

Currently Closed

By Appointment

(507) 516-8874

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

Ask About Live Online Tours

Getting Around

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

85 / 100

Very Bikeable

Biking is convenient for most trips

Scores provided by Walk Score.

details

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 $1,350 to $3,000

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 13.53% cheaper than the average apartment in the Downtown Rochester area, and 7.43% cheaper than the average apartment city-wide.
Rent Comparison to the Downtown Rochester Neighborhood
Floorplan Lowest Price Here Neighborhood Avg Rent Nbhd Avg Rent Cost Difference %
1 Bedroom $1,350 $1,708 -$358 -21.0%
2 Bedroom $2,000 $2,337 -$337 -14.4%
Studio $1,325 $1,398 -$73 -5.2%
Rent Comparison to the city of Rochester
Floorplan Lowest Price Here City Average Rent Cost Difference %
1 Bedroom $1,350 $1,634 -$284 -17.4%
2 Bedroom $2,000 $2,059 -$59 -2.9%
Studio $1,325 $1,352 -$27 -2.0%
Methodology: On 10/05/2025, ApartmentHomeLiving.com compared current rents by floorplan to 231 other apartment communities in the immediate area around 501 on First (Downtown Rochester), and 419 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 10/05/2025

Floorplan	Lowest Price Here	Neighborhood Avg Rent	Nbhd Avg Rent	Cost Difference	%
1 Bedroom	$1,350	$1,708	-$358	-21.0%
2 Bedroom	$2,000	$2,337	-$337	-14.4%
Studio	$1,325	$1,398	-$73	-5.2%

Floorplan	Lowest Price Here	City Average Rent	Cost Difference	%
1 Bedroom	$1,350	$1,634	-$284	-17.4%
2 Bedroom	$2,000	$2,059	-$59	-2.9%
Studio	$1,325	$1,352	-$27	-2.0%

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Renters Reviews and Ratings

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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

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

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

School data provided by GreatSchools.

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

501 on First has 5 shopping centers within 0.9 miles.

Rental Price Ranges in the Area

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Rochester Studio Apartments	$1,352	$820	$1,829
Rochester 1 Bedroom Apartments	$1,634	$750	$2,705
Rochester 2 Bedroom Apartments	$2,059	$895	$3,700
Rochester 3 Bedroom Apartments	$2,154	$995	$4,080
Rochester 4 Bedroom Apartments	$3,114	$1,900	$4,125

501 on First Apartments

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501 on First

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1 Bedroom - 1 Bath (Type 11)

From $1,715

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From $1,350

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From $1,675

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