First & Banks in Rochester, MN is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.
Save $2,500 on Rent!~~Receive up to $2,500 in rent credit when you move in by September 30, 2026. Contact us for details on this limited time offer.
Find the ultimate home sanctuary in Rochester, MN. First & Banks offers spacious studio, 1, 2 and 3-bedroom apartments with sophisticated finishes and all-inclusive access to intentional on-site amenities. The property also features premium two-story walk-out units and seventh-floor penthouse units with upgraded finishes. The pet-friendly community is located three blocks from the Mayo Clinic and within walking distance to downtown. Enjoy park views and access to walking paths, tennis courts, a playground and a recently completed aquatics center. Unit features: elevated 9-foot ceilings, walk-in closets, in-home washer & dryer, upgraded painted cabinetry, open-concept living spaces and stainless steel appliance package. Select units have upgraded finishes and features. Community amenities: fitness & yoga studio, third-story amenity deck with grilling stations and spa, grab-and-go mini market, grand lobby with dedicated mail and package room, bike storage, community clubroom with kitchen and fireplace, multi-sports simulator, pool table, outdoor courtyard, exclusive seventh-floor amenity deck and clubroom and makers crafting room.
First & Banks is located in the Downtown Rochester Neighborhood and 55902 Zip code of Rochester, MN. This community is professionally managed by Enclave Property Management
First & Banks offers Studio to 3 Bedroom apartments starting from $1,599 and having 532–1,739 sq ft. Here is the current pricing and availability:
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | |
|---|---|---|---|---|---|---|
| $1,599 | Available Now | 439 | 532 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | View Details | |
|---|---|---|---|---|---|---|---|
| $1,975 | Available Now | 716 | 711 | $500 | |||
| $1,975 | Available Now | 729 | 711 | $500 | |||
| $1,775 | Available Now | 529 | 711 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | View Details | |
|---|---|---|---|---|---|---|---|
| $1,825 | Available Now | 627 | 707 | $500 | |||
| $1,799 | Available Now | 313 | 707 | $500 | |||
| $1,825 | Available Now | 315 | 707 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | View Details | |
|---|---|---|---|---|---|---|---|
| $1,930 | Available Now | 438 | 701 | $500 | |||
| $1,930 | Available Now | 538 | 701 | $500 | |||
| $1,930 | Available Now | 638 | 701 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | View Details | |
|---|---|---|---|---|---|---|---|
| $1,975 | Available Now | 404 | 753 | $500 | |||
| $1,975 | Available Now | 406 | 753 | $500 | |||
| $2,015 | Available Now | 408 | 753 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | View Details | |
|---|---|---|---|---|---|---|---|
| $2,495 | Available Now | 101 | 1246 | $500 | |||
| $2,495 | Available Now | 102 | 1246 | $500 | |||
| $2,495 | Available Now | 103 | 1246 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | View Details | |
|---|---|---|---|---|---|---|---|
| $2,725 | Available Now | 641 | 1084 | $500 | |||
| $2,725 | Available Now | 341 | 1084 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | View Details | |
|---|---|---|---|---|---|---|---|
| $2,895 | Available Now | 625 | 1203 | $500 | |||
| $2,890 | Available Now | 325 | 1203 | $500 | |||
| $2,890 | Available Now | 425 | 1203 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | View Details | |
|---|---|---|---|---|---|---|
| $2,995 | Available Now | 114 | 1348 | $500 | ||
| $3,395 | Available Now | 115 | 1348 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | |
|---|---|---|---|---|---|
| $2,995 | Available Now | 437 | 1393 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | View Details | |
|---|---|---|---|---|---|---|---|
| $3,025 | Available Now | 442 | 1239 | $500 | |||
| $3,025 | Available Now | 542 | 1239 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | |
|---|---|---|---|---|---|
| $3,045 | Available Now | 105 | 1272 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | |
|---|---|---|---|---|---|
| $3,400 | Available Now | 113 | 1341 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | |
|---|---|---|---|---|---|---|
| $3,470 | Available Now | 707 | 1184 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | |
|---|---|---|---|---|---|
| $3,495 | Available Now | 110 | 1739 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | |
|---|---|---|---|---|---|
| $3,600 | Available Now | 111 | 1480 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | |
|---|---|---|---|---|---|
| $3,600 | Available Now | 112 | 1508 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | 3D Tours | |
|---|---|---|---|---|---|---|
| $2,730 | November 13, 2026 | 612 | 1067 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | View Details | |
|---|---|---|---|---|---|---|
| $3,650 | Available Now | 636 | 1280 | $500 | ||
| $2,895 | Available Now | 336 | 1280 | $500 | ||
| $3,650 | Available Now | 436 | 1280 | $500 |
| Price | Availability Date | Unit | Sq Ft | Deposit | View Details | |
|---|---|---|---|---|---|---|
| $3,775 | Available Now | 405 | 1375 | $500 | ||
| $3,775 | Available Now | 505 | 1375 | $500 | ||
| $3,195 | Available Now | 305 | 1375 | $500 |
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.
detailsFirst & Banks is located at 705 1st Ave SW near the Downtown Rochester area of Rochester, MN
Studio to 3 Bedroom Apartments at First & Banks currently range from $1,599 to $3,775
Call us today to find out our pet policy and if we allow pets
The current rent special at First & Banks is: Save $2,500 on Rent!~~Receive up to $2,500 in rent credit when you move in by September 30, 2026. Contact us for details on this limited time offer..
Time and distance from First & Banks.
First & Banks has 5 shopping centers within 1.2 miles.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rochester Studio Apartments | $1,427 | $900 | $1,975 |
| Rochester 1 Bedroom Apartments | $1,616 | $925 | $2,795 |
| Rochester 2 Bedroom Apartments | $1,993 | $950 | $4,259 |
| Rochester 3 Bedroom Apartments | $2,075 | $1,170 | $4,245 |
| Rochester 4 Bedroom Apartments | $2,540 | $1,395 | $4,218 |
| 2 Bedroom Homes | $1,544 | $1,060 | $2,200 |
| 3 Bedroom Homes | $2,055 | $1,600 | $2,850 |
| 4 Bedroom Homes | $2,733 | $1,950 | $4,600 |
| 5 Bedroom Homes | $2,573 | $1,950 | $3,350 |
| 6 Bedroom Homes | $6,000 | $6,000 | $6,000 |
We'll collect some preliminary contact information. You will then be directed to this property's website to complete the application.
Do you want First & Banks to contact you?
Property Manager Responded