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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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52 Photos7 3D Tours
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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
  • $1,525-$3,200 Total Monthly Price
    3 Month Lease Term

    Total Monthly Price

    Base Rent
    $1,525 - $3,200
    Total Monthly Price
    $1,525 - $3,200
  • 431–1,182 Square 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

View Property Website
Call Us:
(507) 405-2424
Ask About Our Move-In Specials

Office Hours

MondayBy Appointment
TuesdayBy Appointment
WednesdayBy Appointment
ThursdayBy Appointment
FridayBy Appointment
SaturdayClosed
SundayClosed

Floorplan Pricing and Availability

Metropolitan Market Place offers Studio to 3 Bedroom apartments having 431–1,182 sqft. Here is the current pricing and availability:

  • Studio

    Furnished

    Studio, 1 Bath, 431-541 sq ft
     

    Model Gallery

    Photos

    3D Tours

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,525Call for AvailabilityFurnished431-541 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

    • $1,525 - $1,595Total Monthly Price
      Base Rent: $1,525 - $1,595
      Required Monthly Fees: None

    Deposit

    • $1,500 deposit

  • 1 Bedroom

    1 Bed, 1 bath

    1 Bed, 1 Bath, 656 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,595Call for Availability1 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 - $1,795Total Monthly Price
      Base Rent: $1,595 - $1,795
      Required Monthly Fees: None

    Deposit

    • $1,695 deposit

  • 2 Bedrooms

    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

    2 Beds, 2 baths

    2 Beds, 2 Baths, 960-1036 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    From $1,975Call for Availability2 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

  • 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

Request Tour
Call us at: (507) 405-2424 to request a tour.

3D Tours

Lobby
Community Room
Studio
2BD 2BA
Studio, 1BA - 541 SF Type 3
Studio, 1BA
Studio, 1BA

Property Information

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

Lease Terms

  • 3 - 12 mo
  • Short Term Lease Options
Ask About Our Lease Terms

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
Ask About Our Amenities
Google Map

Map

515 1st Ave SW, Rochester, MN 55902

Getting Around

  • 80 / 100 Very Walkable

    Most day-to-day needs are within a few minutes' walk

  • 50 / 100 Some public transit

    Transit is available for most trips

  • 80 / 100 Very Bikeable

    Highly suitable for bicycle commuting and/or recreation

  • 60 / 100 Moderately car friendly

    Good access to freeways and/or major arteries, with a low chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 80 / 100 Restaurants

    Wide variety of restaurants within a few minutes

  • 80 / 100 Cafes

    Wide variety of cafés within a few minutes

  • 80 / 100 Nightlife

    Wide variety of bars within a few minutes

  • 70 / 100 Shopping

    Several shops within a few minutes

  • 70 / 100 Noise Level

    Few sources of noise nearby

Scores provided by Local Logic

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?

Call us today for rates on the Studio to 3 options at Metropolitan Market Place

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

Historic Southwest

Studio to 5 Bedroom Apartments from $900
View Rentals

Downtown Rochester

Studio to 4 Bedroom Apartments from $900
View Rentals

Kutzky Park

Studio to 5 Bedroom Apartments from $900
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Rochester Studio Apartments $1,437$900$1,975
Rochester 1 Bedroom Apartments $1,641$825$2,915
Rochester 2 Bedroom Apartments $1,973$950$3,600
Rochester 3 Bedroom Apartments $2,158$1,170$4,256
Rochester 4 Bedroom Apartments $2,547$695$4,218
2 Bedroom Homes$1,579$995$2,395
3 Bedroom Homes$2,099$1,575$3,200
4 Bedroom Homes$2,578$1,800$4,400
5 Bedroom Homes$2,889$2,600$3,350

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Viewing: Metropolitan Market Place | Desktop Version | Listing Updated: 07/29/2026 | AHLDIA