Metropolitan Market Place Apartments

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(507) 405-2424
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515 1st Ave SW, Rochester, MN 55902

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Metropolitan Market Place

515 1st Ave SW
Rochester, MN 55902
(507) 405-2424
Metropolitan Market Place in Rochester, MN - Building Photo
  • Studio–3 Bedrooms
  • $1,550-$3,200 Total Monthly Price3 Month Lease Term

    Total Monthly Price

    Base Rent
    $1,550 - $3,200

    Total Monthly Price
    $1,550 - $3,200
  • 431–1,182 Square Feet

About Metropolitan Market Place

Metropolitan Market Place is located in the Downtown Rochester Neighborhood and 55902 Zip code of Rochester, MN. This community is professionally managed by Gerrard Corporation

Property Contact Info

Floorplan Pricing and Availability

Metropolitan Market Place offers Studio to 3 Bedroom apartments starting from $1,550 and having 431–1,182 sq ft. Here is the current pricing and availability:

  • Studio

    Furnished

    From $1,550

    Studio, 1 Bath, 431-541 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,550 - $1,595

    Total Monthly Price
    $1,550 - $1,595
    Available Jul 1

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,550July 1, 2026Furnished431-541 sq ft$1,500
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Tub/Shower
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Freezer
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Services

    • Furnished

    Unique Features

    • .

    Model Lease Information

    Model Price Range

    • $1,550 - $1,595Total Monthly Price
      Base Rent: $1,550 - $1,595
      Required Monthly Fees: None

    Deposit

    • $1,500 deposit
  • 1 Bedroom

    1 Bed, 1 bath

    From $1,595

    1 Bed, 1 Bath, 656 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,595 - $1,695

    Total Monthly Price
    $1,595 - $1,695
    Available Jul 7

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,595July 7, 20261 Bed, 1 bath656 sq ft$1,695
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • High Speed Internet Access
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Tub/Shower
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price Range

    • $1,595 - $1,695Total Monthly Price
      Base Rent: $1,595 - $1,695
      Required Monthly Fees: None

    Deposit

    • $1,695 deposit
  • 2 Bedrooms

    2 Beds, 2 baths

    From $1,975

    2 Beds, 2 Baths, 960-1036 sq ft
    Total Monthly Price

    Total Monthly Price

    Base Rent
    $1,975 - $3,200

    Total Monthly Price
    $1,975 - $3,200
    Available Aug 25

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,975August 25, 20262 Beds, 2 baths960-1036 sq ft$1,975
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • High Speed Internet Access
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Tub/Shower
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price Range

    • $1,975 - $3,200Total Monthly Price
      Base Rent: $1,975 - $3,200
      Required Monthly Fees: None

    Deposit

    • $1,975 deposit

    2 Beds, 1 bath

    2 Beds, 1 Bath, 783-1060 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,925Call for Availability2 Beds, 1 bath783-1060 sq ft
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • High Speed Internet Access
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Tub/Shower
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price Range

    • $1,925 - $2,095Total Monthly Price
      Base Rent: $1,925 - $2,095
      Required Monthly Fees: None
    Show Unavailable Floorplans
  • 3 Bedrooms

    3 Beds, 2 baths

    3 Beds, 2 Baths, 1182 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $2,395Call for Availability3 Beds, 2 baths1182 sq ft$2,795
    Prices shown for this property are the Total Monthly Price including Fees.

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Heating
    • High Speed Internet Access
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Tub/Shower
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Lease Information

    Model Price Range

    • $2,395 - $2,795Total Monthly Price
      Base Rent: $2,395 - $2,795
      Required Monthly Fees: None

    Deposit

    • $2,795 deposit
Price shown is total price based on community-supplied monthly required fees. 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) 405-2424 to schedule a tour.

3D Tours

Property Information

  • 62 Units
  • 4 Stories
  • Built in 2013
  • Furnished Units Available

Lease Terms

  • 3 - 12 mo
  • Short Term Lease Options

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.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$50.00
Administrative FeeiCharged per unit.$250.00

Utilities

Utility - ElectriciCharged Per Unit. Payable to Third Party.Usage-Based/mo

Other Fees and Policies

Parking Fees

Garage
Parking FeeiCharged per vehicle.$150.00/mo
Comments:

Underground Parking.

Storage Fees

Storage Locker
Storage FeeiCharged per rentable item.$30.00/mo

Pet Policy and Fees

No Pets Allowed

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

  • .

On-Site Services

  • Maintenance On Site
  • Property Manager On Site
  • Recycling
  • Community Wide Wi Fi

Community Features

  • Disposal Chutes
  • Multi Use Room
  • Corporate Housing
  • Elevator

Outdoor Features

  • Grill
  • Controlled Access

Recreation and Fitness

  • Bicycle Storage

Interior Features

  • Security System
  • Storage Space
  • High Speed Internet Access
  • Heating
  • Sprinkler System
  • Tub/Shower
  • Cable Ready
  • Washer/Dryer
  • Air Conditioning
  • Wi Fi
  • Smoke Free

Kitchen Amenities

  • Disposal
  • Kitchen
  • Dishwasher
  • Microwave
  • Range
  • Refrigerator
  • Oven

Unique Amenities

  • Garage Available

Pet Policy

  • No Pets Allowed
Google Map

Map

515 1st Ave SW, Rochester, MN 55902

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
MondayBy Appointment
TuesdayBy Appointment
WednesdayBy Appointment
ThursdayBy Appointment
FridayBy Appointment
SaturdayClosed
SundayClosed

Frequently Asked Questions about Metropolitan Market Place

Where is Metropolitan Market Place located?

Metropolitan Market Place is located at 515 1st Ave SW near the Downtown Rochester area of Rochester, MN

What is the current rent range at Metropolitan Market Place?

Studio to 3 Bedroom Apartments at Metropolitan Market Place currently range from $1,550 to $3,200

When is the leasing office open?

  • The office Hours for Metropolitan Market Place are
  • Monday By Appointment
  • Tuesday By Appointment
  • Wednesday By Appointment
  • Thursday By Appointment
  • Friday By Appointment
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

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

Points of Interest

Time and distance from Metropolitan Market Place.

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

Kohl's

20 25th St SE
5 minute drive / 2.45 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

Metropolitan Market Place has 5 shopping centers within 1.2 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $760
View Rentals
Studio to 4 Bedroom Apartments from $760
View Rentals
Studio to 4 Bedroom Apartments from $760
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Rochester Studio Apartments $1,482$875$7,270
Rochester 1 Bedroom Apartments $1,647$760$2,705
Rochester 2 Bedroom Apartments $2,043$850$4,000
Rochester 3 Bedroom Apartments $2,367$1,020$5,388
Rochester 4 Bedroom Apartments $3,544$1,950$4,168

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Viewing: Metropolitan Market Place | Desktop Version | Listing Updated: 04/30/2026 | AHLDIA