
Cheap Apartments for Rent in the Downtown Rochester Neighborhood of Rochester, MN from $800 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Rochester area of Rochester.


Hillside Apartments

15 12th Ave NW, Unit 3

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101 Center E St, Unit 416

320 5th St SE

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Meadow Park Apartments

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Zick Apartments

504 E Center St

The Beacon

723 E Center St
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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Furlow Apartments

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The Colby

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Civic Square Apartments

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812 1st St NW, Unit 2

1348 5th Ave SE

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Andrew Apartments

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George Apartments

Bryk on Broadway

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The Ida

802 2nd St NW
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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Residence at Discovery Square

322 6th St SE

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5th on 5th Apartments

The HUE

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1131 7th Ave SW

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The Riverview

The Gryff Apartments

319 14th St SW

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Nicholas Apartments

Richard Apartments
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.

501 on First

410 6th Ave SW, Unit M5

1910 Center St W

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The Berkman

824 W Center St

728 1st Ave SW, Unit 401

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Metropolitan Market Place

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864 9th Ave SE

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Flats on 4th

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Uptown Apartments
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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Maven on Broadway

1215 7th Ave SE

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The Park in Kutzky Neighborhood

Flats at Uptown

Raymond Apartments

Chester Estates

Lobb Field Apartments

Newhouse

28 6th Ave SE

Quarry Ridge 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.
Downtown Rochester, Rochester, MN Local Guide

How much does it cost to rent an apartment in Downtown Rochester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Rochester Studio Apartments | $1,470 | $900 | $1,975 |
| Downtown Rochester 1 Bedroom Apartments | $1,657 | $825 | $2,705 |
| Downtown Rochester 2 Bedroom Apartments | $2,180 | $900 | $3,600 |
| Downtown Rochester 3 Bedroom Apartments | $3,331 | $1,295 | $4,144 |
| Downtown Rochester 4 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 2 mile radius of the Downtown Rochester Neighborhood of Rochester, MN.
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Downtown Rochester, Rochester, MN Local Guide
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Cheapest Available Downtown Rochester Apartments for Rent
 The cheapest available apartment rental in the Downtown Rochester area of Rochester, MN is a Studio unit found at Hillside Apartments priced from $900. Zick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here are the most affordable Downtown Rochester apartments for rent in Rochester, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Zick Apartments | Studio | Studio,1BA | $945 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $995 |
| The Beacon | Studio | Studio,1BA | $995 |
| The Colby | 1bd/1ba | 1BR,1BA | $1,095 |
| George Apartments | 1 Bedroom | 1BR,1BA | $1,175 |
| Furlow Apartments | One Bed | 1BR,1BA | $1,195 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Downtown Rochester, MN
As of July 24, 2026 the best value apartment in the Downtown 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 Downtown 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 Downtown 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 |
| Quarry Ridge Apartments | B2R | 2BR,2BA | $1.63 |
| The Oliver | 2 Bed | 2BR,2BA | $1.89 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.32 |
| 812 1st St NW, Unit 2 | 812 1st St NW | 2BR,1BA | $1.22 |
| Civic Square Apartments | Two Bedroom - 855 Sq. Ft. | 2BR,2BA | $1.77 |
| Meadow Park Apartments | Classic Two Bedrooom | 2BR,1BA | $1.51 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1.85 |
| Zick Apartments | Studio | Studio ,1BA | $1.89 |
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.
Pet Friendly LifestyleDowntown Rochester, Rochester, MN
Ranked #7
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Rochester Apartments
What is the Cheapest Studio apartment in Downtown Rochester?
Currently the most affordable Cheap Studio Apartment in Downtown Rochester is at Hillside Apartments listed at $900.
How much is rent for a Cheap One Bedroom Downtown Rochester Apartment?
The lowest price for a Cheap One Bedroom Downtown Rochester Apartment is $1,095 at The Colby.
What is the lowest price for a Cheap Two Bedroom Downtown Rochester Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Rochester is starting from $995 at Meadow Park Apartments.
What is the most affordable Downtown Rochester Three Bedroom Apartment?
The best deal on a cheap Downtown Rochester Three Bedroom Apartment rental is at Meadow Park Apartments and starts from $1,320.
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.