Cheap Apartments for Rent in Rochester, MN from $700 (127 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 504 E Center St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

504 E Center St

RochesterMN55904
close
View Me
101 Center E St, Unit 416
$875
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875
Studio Apartment Available Apr 16

101 Center E St, Unit 416

101 Center E StRochester, MN 55904
Furnished
  • Smoke Free
close
View Me
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 Aug 10

1600 Marion Rd SE, Unit 10

1600 Marion Rd SERochester, MN 55904
Furnished
  • Smoke Free

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.

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 Mar 20

212 7th St NW

RochesterMN55901
property at 1209.5 13th Ave NE

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

1209.5 13th Ave NE

RochesterMN55906
property at 824 W Center St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available May 11

824 W Center St

RochesterMN55902
property at 223 8th Ave SE

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Apr 10

223 8th Ave SE

RochesterMN55904
property at 453 13th Ave NW

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

453 13th Ave NW

RochesterMN55901
property at 103 7th Ave NW

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available May 11

103 7th Ave NW

RochesterMN55901

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.

close
View Me
The Ida
Rent Specials
$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 423 4th Ave SE

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

423 4th Ave SE

RochesterMN55904
property at 2414 30th Ave NW

$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 May 14

2414 30th Ave NW

RochesterMN55901

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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: 03/15/2026

Current apartment rentals in the Rochester, MN area range in price from $800 to $5,588 with an overall median price of $2,383. The three Rochester neighborhoods with the lowest median rent pricing are Northwest Rochester at $981, Uptown Rochester at $895, and Kutzky Park at $800. 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$1,830$981170
Uptown Rochester$1,908$89546
Kutzky Park$2,000$800324
Historic Southwest$2,046$800312
East Rochester$2,066$800359
Meadow Park$2,075$800291
Mayo Clinic$2,130$800304
Forest Knoll Heritage$2,594$1,38720
Downtown Rochester$3,195$800263
North Rochester$3,993$800532

Cheapest Available Rochester Apartments for Rent

 

The cheapest available apartment rental in Rochester, MN is a 2 Beds unit found at Meadow Park Apartments in the Meadow Park neighborhood priced from $895. Hillside Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Rochester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow Park ApartmentsClassic Two Bedrooom2BR,1BA$895
Hillside ApartmentsStudioStudio,1BA$900
1017 21st St SE2 beds 1 bath2BR,1BA$950
The Gates of RochesterCarlyle1BR,1BA$989
Essex PlaceOne Bedroom - Finch1BR,1BA$1,045
Rochester Heights1 Bedroom B1BR,1BA$1,099
Summit Square1 Bedroom Deluxe1BR,1BA$1,106
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,125

Best Value Apartments for Rent in Rochester, MN

As of March 15, 2026 the best value apartment in the Rochester area is the $1.14 price per square foot 3 BD/1.5 BA Model at The Brittany's Apartments and Townhomes in the in the Kutzky Park neighborhood starting from $1,900. The second greatest value Rochester apartment is the 2BR Model at Broadway Plaza - Mayo Clinic starting at $1,700 with a $1.07 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.
The Brittany's Apartments and Townhomes3 BD/1.5 BA3BR,1.5BA$1.14
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Georgetowne Homes3 Bedroom3BR,2BA$1.10
Winchester Apartments & TownhomesPemberton3BR,1.5BA$1.20
Olympik Village ApartmentsApollo3BR,2BA$1.13
1910 Valleyhigh Dr NW, Unit 19101910 Valleyhigh Dr NW2BR,1BA$1.25
Heritage Manor ApartmentsSunflower2BR,1BA$1.26
2216 18 1/2 Ave NW, Unit 12216 18 1/2 Ave NW2BR,1BA$1.03
2210 18 1/2 Ave NW, Unit 42210 18 1/2 Ave NW2BR,1BA$1.06
1017 21st St SE2 beds 1 bath2BR,1BA$1.27

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

View Map
Rochester, MN Apartments Map
View Map
Rochester, MN Rental Homes Map

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 $1,125.

What is the price of a cheap apartment in Rochester?

The cheapest apartment in Rochester is The Gates of Rochester which is listed at $989, while the average apartment in Rochester costs $2,383.

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 203 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 $229 which is $2,154 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.