Cheap New Apartments for Rent in Rochester, MN from $700 (33 Rentals)

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Bella Grove
$1,135 - $1,675
Plus Fees12 Month Lease Term
Built in 20211 to 3 Bedroom Apartments Available Aug 14

Bella Grove

4320 Marigold Pl NWRochester, MN 55901
Affordability
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  • Customer Reviewed
  • Utilities Included

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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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
Built in 2024Studio to 2 Bedroom Apartments Available Now

Silver Lake Crossing

28 7th St NERochester, MN 55906
Eco-Friendly
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  • Customer Reviewed
  • Utilities Included
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The Riverview
Rent Specials
$1,345 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $1,595

Total Monthly Price
$1,345 - $1,595
Built in 20171 to 2 Bedroom Apartments Available Now

The Riverview

211 1st St NERochester, MN 55906
Affordability
  • 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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SoRoc on Maine
Rent Specials
$1,415 - $3,249
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $3,249

Total Monthly Price
Varies
Built in 2018Studio to 2 Bedroom Apartments Available Now

SoRoc on Maine

4850 Maine Ave SERochester, MN 55904
Furnished
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  • 3D Tour
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The Rosewater
Rent Specials
$1,471 - $2,661
Total Monthly Price

Total Monthly Price

Base Rent
$1,381 - $2,571
Required Monthly Fees
Varies

Total Monthly Price
Varies
Built in 20251 to 3 Bedroom Apartments Available Now

The Rosewater

1155 Felty Ave SERochester, MN 55904
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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The Meadows Apartments
Built in 20161 to 3 Bedroom Apartments

The Meadows Apartments

1225 20th St SERochester, MN 55904
  • Utilities Included

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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ValleyHigh Flats
Built in 20181 to 3 Bedroom Apartments

ValleyHigh Flats

3433 Kenosha Dr NWRochester, MN 55901
  • Utilities Included
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Northern Heights
Built in 20231 to 3 Bedroom Apartments

Northern Heights

2251 26th St NWRochester, MN 55906
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Nue 52
Built in 20161 to 2 Bedroom Apartments

Nue 52

6717 Gaillardia Dr NWRochester, MN 55901
Corporate Housing
  • Utilities Included
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ValleyHigh Flats II
Built in 20241 to 4 Bedroom Apartments

ValleyHigh Flats II

3450 Kenosha Dr NWRochester, MN 55901
  • Utilities Included
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Technology Park II
Built in 2023Studio to 2 Bedroom Apartments

Technology Park II

2712 Commerce Dr NWRochester, MN 55901
Corporate Housing
  • Smoke Free
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1st Avenue Flats
Built in 20171 to 2 Bedroom Apartments

1st Avenue Flats

400 1st Ave NWRochester, MN 55901
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Lofts at Mayo Park
Built in 20171 to 2 Bedroom Apartments

Lofts at Mayo Park

123 6th Ave SERochester, MN 55904
Corporate Housing
  • Utilities Included

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.

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Oakwood Meadows
Built in 20202 to 3 Bedroom Apartments

Oakwood Meadows

3611 NW 85th StOronoco, MN 55960

Rochester, MN Local Guide

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

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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 $1,095.

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 $2,829.

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 171 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 $798 which is $2,031 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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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.

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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.