Cheap Apartments for Rent in Rochester, MN from $700 (160 Rentals)

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Search the lowest-cost Apartments available for rent right now in Rochester.

property at 1223 2nd St NE

$700 - $800

Total Monthly Price4 Month Lease Term

Total Monthly Price

Base Rent
$700 - $800

Total Monthly Price
$700 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

1223 2nd St NE

RochesterMN55906
property at 414 12th Ave SE

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 Bedroom, 1 Bath Home for Rent

Available Now

414 12th Ave SE

RochesterMN55904
property at 818 W Center St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 Bedroom, 1 Bath Home for Rent

Available Now

818 W Center St

RochesterMN55902
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101 Center E St, Unit 416
$900
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
Studio Apartment Available Aug 1

101 Center E St, Unit 416

101 Center E StRochester, MN 55904
Furnished
  • Smoke Free
property at 320 5th St SE

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Jul 10

320 5th St SE

RochesterMN55904
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2210 18 1/2 Ave NW
$925 - $950
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $950

Total Monthly Price
$925 - $950
2 Bedroom Apartment Contact Us For Availability

2210 18 1/2 Ave NW

2210 18 1/2 Ave NWRochester, MN 55901
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1600 Marion Rd SE, Unit 10
$925
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925
Studio Apartment Available Oct 1

1600 Marion Rd SE, Unit 10

1600 Marion Rd SERochester, MN 55904
Furnished
  • Smoke Free
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The Graham
$925 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $995

Total Monthly Price
$925 - $995
Studio Apartments Available Now

The Graham

108 16th St SERochester, MN 55904
Furnished
  • Verified
  • Utilities Included
  • Smoke Free

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 4717 14th Ave NW

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Now

4717 14th Ave NW

RochesterMN55901
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Zick Apartments
$945 - $1,325
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,325

Total Monthly Price
$945 - $1,325
Studio to 2 Bedroom Apartments Available Now

Zick Apartments

603 1st St SWRochester, MN 55902
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Essex Place
$945 - $1,720
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,720

Total Monthly Price
$945 - $1,720
1 to 3 Bedroom Apartments Available Now

Essex Place

937 41st St NWRochester, MN 55901
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
property at 504 E Center St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Aug 14

504 E Center St

RochesterMN55904
property at 212 7th St NW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

212 7th St NW

RochesterMN55901
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Heritage Manor Apartments
Rent Specials
$955 - $1,230
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$890 - $1,165
Required Monthly Fees
$65

Total Monthly Price
$955 - $1,230
Studio to 2 Bedroom Apartments Available Now

Heritage Manor Apartments

2408 18 1/2 Ave NWRochester, MN 55901
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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301 6th St NW, Unit 3
$995
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995
2 Bedroom Apartment Available Aug 1

301 6th St NW, Unit 3

301 6th St NWRochester, MN 55901
Affordability
  • Smoke Free
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The Gates of Rochester
$999 - $1,539
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$940 - $1,480
Required Monthly Fees
$59

Total Monthly Price
$999 - $1,539
1 to 3 Bedroom Apartments Available Now

The Gates of Rochester

2015 41st St NWRochester, MN 55901
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 723 E Center St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Jul 31

723 E Center St

RochesterMN55904

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Ida
$1,000 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,400

Total Monthly Price
$1,000 - $1,400
Studio to 1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 226 11th St SE

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

226 11th St SE

RochesterMN55904
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The Colby
$1,020 - $1,045
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,045

Total Monthly Price
$1,020 - $1,045
1 Bedroom Apartments Available Now

The Colby

1804-1806 Second St SWRochester, MN 55902
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour
property at 1725 40th St NW

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Jun 29

1725 40th St NW

RochesterMN55901
property at 2604 4th Ave NE

$1,060

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,060

Total Monthly Price
$1,060

2 Bedroom, 1 Bath Condo for Rent

Available Now

2604 4th Ave NE

RochesterMN55906

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Olympik Village Apartments
$1,085 - $1,415
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,005 - $1,335
Required Monthly Fees
$80

Total Monthly Price
$1,085 - $1,415
1 to 3 Bedroom Apartments Available Now

Olympik Village Apartments

402 31st StRochester, MN 55906
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2106 Valleyhigh Dr NW

$1,095

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

2106 Valleyhigh Dr NW, Unit 208

2106 Valleyhigh Dr NW
RochesterMN55901
property at 2120 Valleyhigh Dr NW

$1,095

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

2120 Valleyhigh Dr NW, Unit C108

2120 Valleyhigh Dr NW
RochesterMN55901
property at 428 9th Ave SE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Jul 6

428 9th Ave SE

RochesterMN55904
property at 1620-8 1/2 8 1/2 St SE

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jun 15

1620-8 1/2 8 1/2 St SE

RochesterMN55904
property at 716 N Broadway Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

716 N Broadway Ave

RochesterMN55906
property at 1348 5th Ave SE

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jul 10

1348 5th Ave SE

RochesterMN55904

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Winchester Apartments & Townhomes
$1,105 - $1,610
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,055 - $1,560
Required Monthly Fees
$50

Total Monthly Price
$1,105 - $1,610
1 to 3 Bedroom Apartments Available Jul 14

Winchester Apartments & Townhomes

3908 19th Ave NWRochester, MN 55901
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 410 6th Ave SW

$1,150 - $1,450

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,450

Total Monthly Price
$1,150 - $1,450

1 To 2 Bedroom Condos for Rent

Available Now

410 6th Ave SW

RochesterMN55902
property at 2414 30th Ave NW

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Home for Rent

Available Aug 10

2414 30th Ave NW

RochesterMN55901
property at 23 8th St NW

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

3 Bedroom, 1 Bath Home for Rent

Available Oct 14

23 8th St NW

RochesterMN55901

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Rochester, MN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Rochester, MN

Pricing Updated: 06/13/2026

Current apartment rentals in the Rochester, MN area range in price from $875 to $4,348 with an overall median price of $2,498. The three Rochester neighborhoods with the lowest median rent pricing are Historic Southwest at $875, Uptown Rochester at $875, and Northwest Rochester at $945. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Rochester Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Historic Southwest$1,850$875204
Uptown Rochester$1,895$87531
Northwest Rochester$1,901$945124
Kutzky Park$2,195$875191
East Rochester$2,200$875240
Meadow Park$2,314$875192
Forest Knoll Heritage$2,492$1,41711
Mayo Clinic$2,495$875197
Downtown Rochester$3,295$875148
North Rochester$4,348$875383

Cheapest Available Rochester Apartments for Rent

 

The cheapest available apartment rental in Rochester, MN is a Studio unit found at Hillside Apartments in the Meadow Park neighborhood priced from $900. Zick Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here is today’s list of the most affordable Rochester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillside ApartmentsStudioStudio,1BA$900
Zick ApartmentsStudioStudio,1BA$945
Essex PlaceOne Bedroom - Finch1BR,1BA$945
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$945
Flats at Uptown1BR/1.0BA1BR,1BA$950
The Gates of RochesterCarlyle1BR,1BA$999
Furlow ApartmentsStudioStudio,1BA$1,020
The Colby1bd/1ba1BR,1BA$1,045
Heritage Manor ApartmentsSunflower2BR,1BA$1,075
Center Stone Apartments1 Bedroom Furnished Apartment1BR,1BA$1,100

Best Value Apartments for Rent in Rochester, MN

As of June 13, 2026 the best value apartment in the Rochester area is the $1.06 price per square foot 2 Bed Model at The Oliver in the in the Meadow Park neighborhood starting from $1,895. The second greatest value Rochester apartment is the 3 BD/ 1.5BA Model at The Brittany's Apartments and Townhomes starting at $1,850 with a $1.11 price per square foot in the Kutzky Park neighborhood. Here is today’s list of the best values for Rochester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Oliver2 Bed2BR,2BA$1.06
The Brittany's Apartments and Townhomes3 BD/ 1.5BA2BR,1.5BA$1.11
River Glen3 x 23BR,2BA$1.19
Georgetowne Homes3 Bedroom3BR,2BA$1.19
Dakota TownhomesThree Bedroom3BR,1.5BA$1.22
1st Avenue Flats2 Bedroom2BR,2BA$1.32
The Quarters2 Bedroom2BR,2BA$1.40
2520 28th St SE, Unit 22520 28th St SE2BR,1BA$1.27
Olympik Village ApartmentsAres2BR,1BA$1.34
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Rochester Overview

The third largest city in all of Minnesota, apartments in Rochester have been rising in popularity for the better part of the last few decades. Located on the shores of the beautiful Silver Lake, this hub of industry and natural scenery is a fantastic place to hang your hat.

Why live in Rochester, MN?

Boasting a charmed quality of life and easy access to a growing and steady job market, apartments in Rochester are sure to fit the bill for many Minnesota residents. Offering all of the amenities of a large city (including numerous public parks and excellent schools), Rochester still manages to maintain a small town feel all its own.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Rochester, MN Rentals by Map

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Frequently Asked Questions about Cheap Rochester Apartments

What is a cheap apartment in Rochester?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rochester is under $1,100.

What is the price of a cheap apartment in Rochester?

The cheapest apartment in Rochester is Essex Place which is listed at $945, while the average apartment in Rochester costs $2,498.

What types of apartments are the cheapest in Rochester?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 124 regular apartments in Rochester that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Rochester?

Cheap apartments in Rochester have an average cost of $270 which is $2,228 cheaper than the average rent for all rentals in Rochester.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.