
Cheap Apartments for Rent in Rochester, MN from $700 (160 Rentals)
Search the lowest-cost Apartments available for rent right now in Rochester.


414 12th Ave SE

818 W Center St

Total Monthly Price
101 Center E St, Unit 416

Hillside Apartments

320 5th St SE

Total Monthly Price
2210 18 1/2 Ave NW

Eastwood Manor

Total Monthly Price
1600 Marion Rd SE, Unit 10

Total Monthly Price
The Graham
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.

4717 14th Ave NW

Total Monthly Price
Zick Apartments

Total Monthly Price
Meadow Park Apartments

Total Monthly Price
Essex Place

504 E Center St

212 7th St NW

Total Monthly Price
Heritage Manor Apartments

Total Monthly Price
301 6th St NW, Unit 3

Total Monthly Price
The Gates of Rochester

723 E Center St
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.

Total Monthly Price
The Ida

226 11th St SE

Bella Grove

Total Monthly Price
The Colby

Total Monthly Price
Furlow Apartments

Berkshire Village

River Glen

1725 40th St NW

Forte Living of Rochester: 55+ Community!

2604 4th Ave NE
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.

Total Monthly Price
Olympik Village Apartments

Total Monthly Price
Civic Square Apartments

2106 Valleyhigh Dr NW, Unit 208

2120 Valleyhigh Dr NW, Unit C108

Total Monthly Price
812 1st St NW, Unit 2

428 9th Ave SE

4904 Opal Ln NW

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

716 N Broadway Ave

1348 5th Ave SE
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Total Monthly Price
Winchester Apartments & Townhomes

Technology Park

Rochester Heights

Homestead Village Townhomes

Med City Apartments

Total Monthly Price
2520 28th St SE, Unit 2

410 6th Ave SW

2414 30th Ave NW

EastGate Apartments

23 8th St NW
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

How much does it cost to rent an apartment in Rochester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Rochester Studio Apartments | $1,442 | $900 | $1,980 |
| Cheap Rochester 1 Bedroom Apartments | $1,646 | $875 | $2,705 |
| Cheap Rochester 2 Bedroom Apartments | $2,014 | $900 | $3,695 |
| Cheap Rochester 3 Bedroom Apartments | $2,210 | $1,020 | $4,034 |
| Cheap Rochester 4 Bedroom Apartments | $2,391 | $1,495 | $4,168 |
Browse Top Apartments in Rochester
See all Apartments in RochesterExplore Rochester
Rochester, MN Local Guide

- Rochester Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Rochester, MN
Pricing Updated: 06/13/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Historic Southwest | $1,850 | $875 | 204 |
| Uptown Rochester | $1,895 | $875 | 31 |
| Northwest Rochester | $1,901 | $945 | 124 |
| Kutzky Park | $2,195 | $875 | 191 |
| East Rochester | $2,200 | $875 | 240 |
| Meadow Park | $2,314 | $875 | 192 |
| Forest Knoll Heritage | $2,492 | $1,417 | 11 |
| Mayo Clinic | $2,495 | $875 | 197 |
| Downtown Rochester | $3,295 | $875 | 148 |
| North Rochester | $4,348 | $875 | 383 |
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 |
| Meadow Park Apartments | Classic One Bedroom | 1BR,1BA | $945 |
| Flats at Uptown | 1BR/1.0BA | 1BR,1BA | $950 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $999 |
| Furlow Apartments | Studio | Studio,1BA | $1,020 |
| The Colby | 1bd/1ba | 1BR,1BA | $1,045 |
| Heritage Manor Apartments | Sunflower | 2BR,1BA | $1,075 |
| Center Stone Apartments | 1 Bedroom Furnished Apartment | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Oliver | 2 Bed | 2BR,2BA | $1.06 |
| The Brittany's Apartments and Townhomes | 3 BD/ 1.5BA | 2BR,1.5BA | $1.11 |
| River Glen | 3 x 2 | 3BR,2BA | $1.19 |
| Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.19 |
| Dakota Townhomes | Three Bedroom | 3BR,1.5BA | $1.22 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.32 |
| The Quarters | 2 Bedroom | 2BR,2BA | $1.40 |
| 2520 28th St SE, Unit 2 | 2520 28th St SE | 2BR,1BA | $1.27 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1.34 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,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.
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.
Read ArticleQuick 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.
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 $1,100.
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

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.

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.

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.

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.