
Cheap Apartments for Rent in the Downtown Rochester Neighborhood of Rochester, MN from $700 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Rochester area of Rochester.


504 E Center St

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101 Center E St, Unit 416, Unit 416

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Zick Apartments

1301 1st St SW, Unit 203

Hillside Apartments

818 W Center St

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Meadow Park Apartments

223 8th Ave SE

Lobb Field 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.

229 19th Ave SW

Furlow Apartments

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The Ida

423 4th Ave SE

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Civic Square Apartments

Bryk on Broadway

1348 5th Ave SE

1340 4th Ave SW

Med City Apartments

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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.

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5th on 5th Apartments

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Residence at Discovery Square

The Gryff Apartments

318 Commons

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The Riverview

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Nicholas Apartments

501 on First

Richard Apartments

1910 Center St W

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Metropolitan Market Place
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.

The HUE

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Uptown Apartments

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Flats on 4th

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1148 5th Ave SE, Unit Unit 2, Unit Unit 2

1215 7th Ave SE

1215 7th Ave SE

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The Park in Kutzky Neighborhood

Flats at Uptown

Chester Estates

Raymond Apartments
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.

The Beacon

The Colby

Uptown Landing

Newhouse

28 6th Ave SE

Center Street Village

Village On 3rd Apartments

Cascade Creek Apartments

Uptown Terrace

20 Mayo Park Dr SE
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.
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 | $1,499 | $875 | $1,945 |
| Downtown Rochester 1 Bedroom Apartments | $1,726 | $760 | $2,705 |
| Downtown Rochester 2 Bedroom Apartments | $2,196 | $995 | $4,000 |
| Downtown Rochester 3 Bedroom Apartments | $2,872 | $1,020 | $5,388 |
| Downtown Rochester 4 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Downtown Rochester Neighborhood of Rochester, MN.
See all Apartments in RochesterExplore Rochester
Downtown Rochester, Rochester, MN Local Guide
- Nearby Rochester neighborhoods
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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 1 Bed unit found at Zick Apartments priced from $895. Hillside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Downtown Rochester apartments for rent in Rochester, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Zick Apartments | 1BR Basement | 1BR,1BA | $895 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $920 |
| The Beacon | Studio | Studio,1BA | $995 |
| Lobb Field Apartments | A | 2BR,1BA | $995 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1,200 |
| Civic Square Apartments | One Bedroom - 602 Sq.Ft. | 1BR,1BA | $1,250 |
| 318 Commons | 0BR/1.0BA | Studio,1BA | $1,295 |
| The Riverview | 1 Bed | 1BR,1BA | $1,320 |
| Bryk on Broadway | Studio - Type 2 - 80% | Studio,1BA | $1,339 |
Best Value Apartments for Rent in Downtown Rochester, MN
As of April 24, 2026 the best value apartment in the Downtown Rochester area is the $1.91 price per square foot 2 Beds, 2 baths Model at Metropolitan Market Place in the in the Meadow Park neighborhood starting from $1,975. The second greatest value Downtown Rochester apartment is the Orbit Model at Red44 Luxury Apartments | Specials Available starting at $1,920 with a $1.91 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. |
|---|---|---|---|
| Metropolitan Market Place | 2 Beds, 2 baths | 2BR,2BA | $1.91 |
| Red44 Luxury Apartments | Specials Available | Orbit | 1BR,1BA | $1.91 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.48 |
| 1148 5th Ave SE, Unit Unit 2 | 1148 5th Ave SE | 2BR,1BA | $1.71 |
| Med City Apartments | Two Bed | 2BR,1BA | $1.61 |
| Lobb Field Apartments | A | 2BR,1BA | $1.42 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1.85 |
| Zick Apartments | 1BR Basement | 1BR,1BA | $1.43 |
| DM Communities - Rochester | 620-307 | 1BR,1BA | $1.66 |
| Hillside Apartments | Studio | Studio ,1BA | $1.90 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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 ArticleCash 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 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 #6
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $895 at Zick Apartments.
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 $920 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 $1,020.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.