Cheap Apartments for Rent in Rochester, MN from $700 (149 Rentals)

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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
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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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Zick Apartments
Rent Specials
$945 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,895

Total Monthly Price
$945 - $1,895
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
Rent Specials
$945 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,725

Total Monthly Price
$945 - $1,725
1 to 3 Bedroom Apartments Available Now

Essex Place

937 41st St NWRochester, MN 55901
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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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Heritage Manor Apartments
Rent Specials
$960 - $1,235
Total Monthly Price12 Month Lease Term

Total Monthly Price

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

Total Monthly Price
Varies
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
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 Now

723 E Center St

RochesterMN55904
property at 2414 30th Ave NW

$1,000 - $1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom Rentals

Available Aug 10

2414 30th Ave NW

RochesterMN55901
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The Gates of Rochester
$1,006 - $1,396
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$940 - $1,330
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Gates of Rochester

2015 41st St NWRochester, MN 55901
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Furlow Apartments
Rent Specials
$1,020 - $1,220
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,220

Total Monthly Price
$1,020 - $1,220
Studio to 1 Bedroom Apartments Available Now

Furlow Apartments

512 4th St SWRochester, MN 55902
Affordability
  • Verified
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Berkshire Village
$1,035 - $1,395
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,035 - $1,395

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Berkshire Village

1260 17th Ave NWRochester, MN 55901
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
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The Colby
Rent Specials
$1,050 - $1,125
Total Monthly Price

Total Monthly Price

Base Rent
$970 - $1,045
Required Monthly Fees
$80

Total Monthly Price
$1,050 - $1,125
1 Bedroom Apartments Available Now

The Colby

1804-1806 Second St SWRochester, MN 55902
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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Winchester Apartments & Townhomes
$1,075 - $1,615
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,020 - $1,560
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Aug 17

Winchester Apartments & Townhomes

3908 19th Ave NWRochester, MN 55901
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Olympik Village Apartments
$1,090 - $1,215
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,005 - $1,130
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Olympik Village Apartments

402 31st StRochester, MN 55906
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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 Now

1348 5th Ave SE

RochesterMN55904

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.

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George Apartments
Rent Specials
$1,175 - $1,330
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,250
Required Monthly Fees
$80

Total Monthly Price
$1,175 - $1,330
1 Bedroom Apartments Available Oct 1

George Apartments

625 3rd StRochester, MN 55902
Furnished
  • Verified
  • Utilities Included
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
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Andrew Apartments
Rent Specials
$1,175 - $1,280
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,200
Required Monthly Fees
$80

Total Monthly Price
$1,175 - $1,280
1 Bedroom Apartments Available Oct 7

Andrew Apartments

621 1st St SWRochester, MN 55902
Affordability
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  • Utilities Included
  • Smoke Free
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The Ida
$1,200 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,400

Total Monthly Price
$1,200 - $1,400
1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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3117 15th Ave NW, Unit 3117 B
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Now

3117 15th Ave NW, Unit 3117 B

3117 15th Ave NWRochester, MN 55901
Affordability
  • Smoke Free
property at 2426 30th Ave NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

2426 30th Ave NW

RochesterMN55901
property at 712 10th Ave SE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

712 10th Ave SE

RochesterMN55904

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.

property at 2315 30th Ave NW

$1,205

Total Monthly Price

Total Monthly Price

Base Rent
$1,205

Total Monthly Price
$1,205

2 Bedroom, 1 Bath Home for Rent

Available Aug 10

2315 30th Ave NW

RochesterMN55901
property at 2321 30th Ave NW

$1,207

Total Monthly Price

Total Monthly Price

Base Rent
$1,207

Total Monthly Price
$1,207

2 Bedroom, 1 Bath Home for Rent

Available Sep 10

2321 30th Ave NW

RochesterMN55901
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West Willow
Rent Specials
$1,220 - $1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,220 - $1,295

Total Monthly Price
$1,220 - $1,295
2 Bedroom Apartments Available Now

West Willow

1901 26th Ave NWRochester, MN 55901
Affordability
  • Verified
  • Smoke Free
property at 802 2nd St NW

$1,235

Total Monthly Price

Total Monthly Price

Base Rent
$1,235

Total Monthly Price
$1,235

1 Bedroom, 1 Bath Home for Rent

Available Now

802 2nd St NW

RochesterMN55901
property at 322 6th St SE

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Aug 10

322 6th St SE

RochesterMN55904
property at 2016-8 1/2 8 1/2 St SE

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 2 Bath Home for Rent

Available Now

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

RochesterMN55904
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Silver Lake Crossing
Rent Specials
$1,250 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,750

Total Monthly Price
$1,250 - $2,750
Studio to 2 Bedroom Apartments Available Now

Silver Lake Crossing

28 7th St NERochester, MN 55906
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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5th on 5th Apartments
$1,270 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $1,640
Required Monthly Fees
$40

Total Monthly Price
$1,270 - $1,680
Studio to 1 Bedroom Apartments Available Sep 1

5th on 5th Apartments

510 5th St SWRochester, MN 55902
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Rochester, MN

Pricing Updated: 07/28/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Northwest Rochester$1,823$995149
Historic Southwest$2,050$825187
East Rochester$2,191$825230
Meadow Park$2,280$825187
Mayo Clinic$2,495$825190
Forest Knoll Heritage$2,594$1,41013
Kutzky Park$3,295$825188
Downtown Rochester$3,775$825142
Uptown Rochester$4,241$90035
North Rochester$4,285$825403

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
Heritage Manor ApartmentsDaisyStudio,1BA$960
Meadow Park ApartmentsModern Two Bedroom2BR,1BA$995
The BeaconStudioStudio,1BA$995
The Gates of RochesterCarlyle1BR,1BA$1,006
Furlow ApartmentsStudioStudio,1BA$1,020
Olympik Village ApartmentsZeus1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
864 9th Ave SE864 9th Ave SE2BR,1BA$1.14
1131 7th Ave SW1131 7th Ave SW2BR,1BA$1.00
Avalon Cove TownhomesB1R Townhome2BR,1.5BA$1.42
Georgetowne Homes2 Bedroom Income Restricted2BR,2BA$1.21
The Brittany's Apartments and Townhomes2 BD/1 BA2BR,1BA$1.40
Dakota TownhomesTwo Bedroom2BR,1BA$1.35
2210 18 1/2 Ave NW2210 18 1/2 Ave NW2BR,1BA$1.06
812 1st St NW, Unit 2812 1st St NW2BR,1BA$1.22
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
The Gates of RochesterCarlyle1BR,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.

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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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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 $1,090.

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

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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.

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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.

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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.

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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.