Metropolitan Market Place Apartments

Verified
This is a CoStar Verified® Listing

Metropolitan Market Place 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.

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

Photos

Contact

Metropolitan Market Place

515 1st Ave SW
Rochester, MN 55902
(507) 405-2424
Metropolitan Market Place in Rochester, MN - Building Photo
  • Studio–3 Bedrooms
  • $1,425-$2,995Total Monthly Price3 Month Lease Term
  • 431–1,182Square Feet

About Metropolitan Market Place

Now is your chance to be a part of the next wave of modern Rochester living. Metropolitan Market Place offers an upscale urban residence, perfect for Mayo Clinic Health Professionals, Minnesota Rochester students or faculty members, or anyone who wants to take advantage of Rochester’s contemporary housing.

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 $1,495 and having 431–1,182 sq ft. Here is the current pricing and availability:

  • Studio

    Furnished

    Studio, 1 Bath, 431-541 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,425Call for AvailabilityFurnished431-541 sq ft$1,500
    * Price shown is 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

    • $1,425 - $1,595Total Monthly Price

    Deposit

    • $1,500 deposit
  • 1 Bedroom

    1 Bed, 1 bath

    From $1,495

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

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,495Available Now1 Bed, 1 bath656 sq ft$1,695
    * Price shown is 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

    • $1,495 - $1,695Total Monthly Price

    Deposit

    • $1,695 deposit
  • 2 Bedrooms

    2 Beds, 2 baths

    From $2,095

    2 Beds, 2 Baths, 960-1036 sq ft
    Total Monthly Price
    Available Feb 10

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $2,095February 10, 20262 Beds, 2 baths960-1036 sq ft$2,995
    * Price shown is 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

    • $2,095 - $2,995Total Monthly Price

    Deposit

    • $2,995 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
    * Price shown is 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
    Show Unavailable Floorplans
  • 3 Bedrooms

    3 Beds, 2 baths

    From $2,395

    3 Beds, 2 Baths, 1182 sq ft
    Total Monthly Price
    Available Mar 19

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $2,395March 19, 20263 Beds, 2 baths1182 sq ft$2,795
    * Price shown is 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

    Deposit

    • $2,795 deposit
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

Schedule a Tour
Call us at: (507) 405-2424 to schedule a tour.

3D Tours

Property Information

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 Move-In Fees

Administrative FeeiCharged per unit$250
Due at Application
Application Fee Per ApplicantiCharged per applicant$50

Utilities & Essentials

Utility - ElectriciCharged per unitUsage-Based/mo

Other Fees

Parking Fees

Garage

Parking FeeiCharged per vehicle$150/mo

Storage Fees

Storage Locker

Storage FeeiCharged per rentable item$30/mo

Pet 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 $1,495 to $2,995

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

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 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

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

Metropolitan Market Place has 5 shopping centers within 1.2 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $775
View Rentals
Studio to 3 Bedroom Apartments from $800
View Rentals
Studio to 4 Bedroom Apartments from $775
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Rochester Studio Apartments $1,450$895$2,000
Rochester 1 Bedroom Apartments $1,644$775$2,705
Rochester 2 Bedroom Apartments $2,021$945$4,000
Rochester 3 Bedroom Apartments $2,185$1,195$3,875
Rochester 4 Bedroom Apartments $3,815$2,260$4,217

Browse Top Apartments in Rochester

Viewing: Metropolitan Market Place | Desktop Version | Listing Updated: 01/26/2026 | AHLDIA