Cheap Apartments for Rent in the Downtown Rochester Neighborhood of Rochester, MN from $800 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Rochester area of 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 Mar 13

504 E Center St

RochesterMN55904
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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
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 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

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 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
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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

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 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.

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Flats on 4th
Rent Specials
$1,475 - $3,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $3,300

Total Monthly Price
$1,475 - $3,300
Studio to 2 Bedroom Apartments Available Now

Flats on 4th

412 SE 3rd AveRochester, MN 55904
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1215 7th Ave SE

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Home for Rent

Available Jul 15

1215 7th Ave SE

RochesterMN55904
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The Beacon
Studio Apartments

The Beacon

431 3rd Ave SERochester, MN 55904
Corporate Housing
  • Utilities Included
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Chester Estates
1 to 2 Bedroom Apartments

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
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Raymond Apartments
Studio to 1 Bedroom Apartments

Raymond Apartments

23 7th Ave SWRochester, MN 55902
  • Utilities Included

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.

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The Colby
1 Bedroom Apartments

The Colby

1804-1806 Second St SWRochester, MN 55902
Corporate Housing
  • Utilities Included
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Uptown Landing
1 Bedroom Apartments

Uptown Landing

621 1st St SWRochester, MN 55902
  • Utilities Included
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Furlow Apartments
Studio to 1 Bedroom Apartments

Furlow Apartments

512 4th St SWRochester, MN 55902
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Uptown Terrace
1 to 2 Bedroom Apartments

Uptown Terrace

625 3rd StRochester, MN 55902
  • Utilities Included
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Maria Apartments
Studio to 1 Bedroom Apartments

Maria Apartments

1119 2nd St SWRochester, MN 55902
  • Utilities Included
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Old City Hall
1 to 2 Bedroom Apartments

Old City Hall

224 1st Ave SWRochester, MN 55902
  • Utilities Included

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.

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1st Avenue Flats
1 to 2 Bedroom Apartments

1st Avenue Flats

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

Lofts at Mayo Park

123 6th Ave SERochester, MN 55904
Corporate Housing
  • Utilities Included
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The Lofts
Studio to 1 Bedroom Apartments

The Lofts

609 1st St SWRochester, MN 55902
  • Utilities Included

Downtown Rochester, Rochester, MN Local Guide

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 Chester Estates priced from $865. Meadow Park Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here are the most affordable Downtown Rochester apartments for rent in Rochester, MN:

Apartment ListingModel NameBed/BathPriced From
Chester Estates1 Bed1BR,1BA$865
Meadow Park ApartmentsClassic Two Bedrooom2BR,1BA$895
Hillside ApartmentsStudioStudio,1BA$900
The BeaconStudioStudio,1BA$995
The IdaUnfurnished 1B1B1BR,1BA$1,200
The Riverview1 Bed1BR,1BA$1,295
318 Commons0BR/1.0BAStudio,1BA$1,295
Bryk on BroadwayStudio - Type 2 - 80%Studio,1BA$1,339
Residence at Discovery SquareAlcoveStudio,1BA$1,370
Richard Apartments1 Bedroom 1 Bath1BR,1BA$1,375

Best Value Apartments for Rent in Downtown Rochester, MN

As of March 10, 2026 the best value apartment in the Downtown Rochester area is the $1.07 price per square foot 2BR Model at Broadway Plaza - Mayo Clinic in the in the Meadow Park neighborhood starting from $1,700. The second greatest value Downtown Rochester apartment is the 2 Bedroom Model at 1st Avenue Flats starting at $1,490 with a $1.48 price per square foot in the Historic Southwest neighborhood. Here is today’s list of the best values for Downtown Rochester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
1st Avenue Flats2 Bedroom2BR,2BA$1.48
1148 5th Ave SE, Unit 21148 5th Ave SE2BR,1BA$1.71
The Riverview2bed/2 Bathroom2BR,2BA$1.68
Civic Square ApartmentsTwo Bedroom - 855 Sq. Ft.2BR,2BA$1.77
Richard Apartments1 Bedroom 1 Bath1BR,1BA$1.96
Meadow Park ApartmentsModern Two Bedroom2BR,1BA$1.44
Chester Estates1 Bed1BR,1BA$1.33
The IdaUnfurnished 1B1B1BR,1BA$1.85
Hillside ApartmentsStudioStudio ,1BA$1.90

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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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.

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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.

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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.

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Pet Friendly Lifestyle
Downtown Rochester, Rochester, MN

Ranked #5

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 $865 at Chester Estates.

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 $895 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 $1,220.

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.