Photos
- Studio–3 Bedrooms
- $1,495-$3,200Plus Fees3 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:
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Furnished
From $1,495
Studio, 1 Bath, 431-541 sq ftPlus FeesAvailable Nov 4Model Gallery
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit From $1,495 November 4, 2025 Furnished 431-541 sq ft $1,500 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
- $1,495 - $1,595
Deposit
- $1,500 deposit
Apartment Model: FurnishedFrom $1,495Studio, 1 Bath, 431-541 sq ftAvailable November 4, 2025![]()
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Furnished - Image 9 1 Bedroom
1 Bed, 1 bath
From $1,625
1 Bed, 1 Bath, 656 sq ftPlus FeesAvailable Nov 12Availability Details
Price Availability Date Unit Sq Ft Deposit From $1,625 November 12, 2025 1 Bed, 1 bath 656 sq ft $1,650 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
- $1,625 - $1,850
Deposit
- $1,650 deposit
2 Bedrooms
Show Unavailable Floorplans2 Beds, 2 baths
From $2,095
2 Beds, 2 Baths, 960-1036 sq ftPlus FeesAvailable Dec 1Availability Details
Price Availability Date Unit Sq Ft Deposit From $2,095 December 1, 2025 2 Beds, 2 baths 960-1036 sq ft $2,095 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 - $3,200
Deposit
- $2,095 deposit
2 Beds, 1 bath
2 Beds, 1 Bath, 783-1060 sq ftAvailability Details
Price Availability Date Unit Sq Ft From $1,925 Call for Availability 2 Beds, 1 bath 783-1060 sq ft 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 - $2,095
3 Bedrooms
3 Beds, 2 baths
3 Beds, 2 Baths, 1182 sq ftAvailability Details
Price Availability Date Unit Sq Ft Deposit From $2,395 Call for Availability 3 Beds, 2 baths 1182 sq ft $2,395 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 - $2,795
Deposit
- $2,395 deposit
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Schedule a Tour
Call us at: (507) 405-2424 to schedule a tour.
Matterport 3D Tours
Lobby
Community Room
Studio
2BD 2BA
Studio, 1BA - 541 SF Type 3
Studio, 1BA
Studio, 1BA
Property Information
- Built in 2013
- 62 Units
- 4 Stories
- Furnished Units Available
- View Property Website
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Lease Terms
- 3 - 12 mo
- Short Term Lease Options
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Required Fees
One-Time Move-In Fees
- Due at Application
- Application Fee Per Applicant$50
Parking Info and Fees
- Garage ParkingiUnderground Parking
- Assigned Parking
- $150/Mo
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
- Property Manager On Site
- Community Wide Wi Fi
- Recycling
- Maintenance On Site
Community Features
- Disposal Chutes
- Multi Use Room
- Corporate Housing
- Elevator
Outdoor Features
- Grill
- Controlled Access
Recreation and Fitness
- Bicycle Storage
Interior Features
- Storage Space
- Security System
- High Speed Internet Access
- Sprinkler System
- Tub/Shower
- Heating
- Cable Ready
- Washer/Dryer
- Air Conditioning
- Wi Fi
- Smoke Free
Kitchen Amenities
- Refrigerator
- Range
- Dishwasher
- Oven
- Kitchen
- Disposal
- Microwave
Unique Amenities
- Garage Available
Pet Policy
- No Pets Allowed
Map
515 1st Ave SW, Rochester, MN 55902
- Shopping
- Colleges
- Medical
Map
Hours and Contact Info
Call Us - Open Now!
Currently Closed
By Appointment
| Monday | By Appointment |
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | Closed |
| Sunday | Closed |
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $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
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
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.
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.
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
Community Behavioral Health Hospital Rochester
251 Wood Lake Drive Southeast
6 minute drive / 3.22 miles away
Shopping Centers
Metropolitan Market Place has 5 shopping centers within 1.2 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rochester Studio Apartments | $1,418 | $670 | $2,050 |
| Rochester 1 Bedroom Apartments | $1,640 | $775 | $2,705 |
| Rochester 2 Bedroom Apartments | $2,050 | $895 | $3,700 |
| Rochester 3 Bedroom Apartments | $2,110 | $995 | $5,353 |
| Rochester 4 Bedroom Apartments | $3,595 | $2,000 | $4,125 |
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Viewing: Metropolitan Market Place | Desktop Version | Listing Updated: 10/07/2025 | AHLPLA