
Cheap Apartments for Rent in Rochester, MN from $700 (149 Rentals)
Search the lowest-cost Apartments available for rent right now in Rochester.


1816 34th St NW

Eastwood Manor Apartments

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101 Center E St, Unit 416

15 12th Ave NW, Unit 3

Hillside Apartments

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1600 Marion Rd SE, Unit 10

Sutton Place

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Zick Apartments

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Essex Place
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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2210 18 1/2 Ave NW

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Heritage Manor Apartments

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Meadow Park Apartments

The Beacon

723 E Center St

2414 30th Ave NW

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The Gates of Rochester

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Furlow Apartments

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Berkshire Village

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The Colby
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

River Glen

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Winchester Apartments & Townhomes

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Olympik Village Apartments

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Civic Square Apartments

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812 1st St NW, Unit 2

Rochester Heights

1348 5th Ave SE

Cascade Apartments

Homestead Village Townhomes

Bella Grove
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.

Technology Park

EastGate Apartments

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George Apartments

23 8th St NW

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Andrew Apartments

Bryk on Broadway

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The Ida

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3117 15th Ave NW, Unit 3117 B

2426 30th Ave NW

712 10th Ave SE
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

2315 30th Ave NW

2321 30th Ave NW

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West Willow

Forte Living of Rochester: 55+ Community!

802 2nd St NW

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Residence at Discovery Square

322 6th St SE

2016-8 1/2 8 1/2 St SE

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Silver Lake Crossing

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5th on 5th Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.
Rochester, MN Local Guide

How much does it cost to rent an apartment in Rochester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Rochester Studio Apartments | $1,423 | $900 | $1,975 |
| Cheap Rochester 1 Bedroom Apartments | $1,644 | $825 | $2,705 |
| Cheap Rochester 2 Bedroom Apartments | $1,984 | $950 | $3,600 |
| Cheap Rochester 3 Bedroom Apartments | $2,196 | $1,170 | $4,241 |
| Cheap Rochester 4 Bedroom Apartments | $2,945 | $1,495 | $4,218 |
Browse Top Apartments in Rochester
See all Apartments in RochesterExplore Rochester
Rochester, MN Local Guide

- Rochester Neighborhoods
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Cheapest Neighborhoods for Apartments in Rochester, MN
Pricing Updated: 07/28/2026Current apartment rentals in the Rochester, MN area range in price from $825 to $4,348 with an overall median price of $2,902. The three Rochester neighborhoods with the lowest median rent pricing are Northwest Rochester at $995, Historic Southwest at $825, and East Rochester at $825. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Rochester Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Northwest Rochester | $1,823 | $995 | 149 |
| Historic Southwest | $2,050 | $825 | 187 |
| East Rochester | $2,191 | $825 | 230 |
| Meadow Park | $2,280 | $825 | 187 |
| Mayo Clinic | $2,495 | $825 | 190 |
| Forest Knoll Heritage | $2,594 | $1,410 | 13 |
| Kutzky Park | $3,295 | $825 | 188 |
| Downtown Rochester | $3,775 | $825 | 142 |
| Uptown Rochester | $4,241 | $900 | 35 |
| North Rochester | $4,285 | $825 | 403 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Zick Apartments | Studio | Studio,1BA | $945 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $945 |
| Heritage Manor Apartments | Daisy | Studio,1BA | $960 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $995 |
| The Beacon | Studio | Studio,1BA | $995 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $1,006 |
| Furlow Apartments | Studio | Studio,1BA | $1,020 |
| Olympik Village Apartments | Zeus | 1BR,1BA | $1,090 |
Best Value Apartments for Rent in Rochester, MN
As of July 28, 2026 the best value apartment in the Rochester area is the $1.14 price per square foot 864 9th Ave SE Model at 864 9th Ave SE in the in the Meadow Park neighborhood starting from $1,595. The second greatest value Rochester apartment is the 1131 7th Ave SW Model at 1131 7th Ave SW starting at $1,295 with a $1.00 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Rochester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 864 9th Ave SE | 864 9th Ave SE | 2BR,1BA | $1.14 |
| 1131 7th Ave SW | 1131 7th Ave SW | 2BR,1BA | $1.00 |
| Avalon Cove Townhomes | B1R Townhome | 2BR,1.5BA | $1.42 |
| Georgetowne Homes | 2 Bedroom Income Restricted | 2BR,2BA | $1.21 |
| The Brittany's Apartments and Townhomes | 2 BD/1 BA | 2BR,1BA | $1.40 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.35 |
| 2210 18 1/2 Ave NW | 2210 18 1/2 Ave NW | 2BR,1BA | $1.06 |
| 812 1st St NW, Unit 2 | 812 1st St NW | 2BR,1BA | $1.22 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $1.42 |
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.
Read ArticleReal 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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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.
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.
Best Local Schools in Rochester, MN
Lincoln K-8 District-Wide School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rochester, MN Rentals by Map
See the most popular apartments and homes in Rochester, MN
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 $1,090.
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 $2,902.
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 167 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 $795 which is $2,107 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.