Cheap Apartments for Rent in the Downtown Rochester Neighborhood of Rochester, MN from $700 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Rochester area of Rochester.

818 W Center St

867 8th Ave SE

DM Communities - Rochester

Meadow Park Apartments

101 Center E St, Unit 404
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.

Hillside Apartments

428 9th Ave SE

Civic Square Apartments

423 4th Ave SE

5th on 5th Apartments

The Ida

103 7th Ave NW
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 Gryff Apartments

318 Commons

Nicholas Apartments

Bryk on Broadway

Flats on 4th

420 8th Ave SE

Residence at Discovery Square

Quarry Ridge Apartments

Red44

Metropolitan Market Place

Maven on Broadway
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.

725 7th Ave SE

1st Avenue Flats

Riverwalk Rochester
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.

17 6th Ave SE
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 | $1,294 | $700 | $2,906 |
Downtown Rochester 1 Bedroom Apartments | $1,598 | $700 | $4,892 |
Downtown Rochester 2 Bedroom Apartments | $2,055 | $900 | $6,633 |
Downtown Rochester 3 Bedroom Apartments | $2,368 | $1,000 | $8,244 |
Browse Apartments in this Neighborhood
There are currently 50 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 1 Bed unit found at DM Communities - Rochester priced from $795. Meadow Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Downtown Rochester apartments for rent in Rochester, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
DM Communities - Rochester | 219 One-Bedrooms | 1BR,1BA | $795 |
Meadow Park Apartments | Classic One Bedroom | 1BR,1BA | $800 |
Chester Estates | 1BR/1.0BA | 1BR,1BA | $895 |
The Colby | 1bd/1ba | 1BR,1BA | $995 |
Hillside Apartments | One Bedroom/One Bath | 1BR,1BA | $1,100 |
Nicholas Apartments | Studio | Studio,1BA | $1,325 |
Bryk on Broadway | Studio - Type 2 - 80% | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Downtown Rochester, MN
As of June 07, 2025 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 3bed/2bathroom Model at The Riverview starting at $1,650 with a $1.31 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. |
---|---|---|---|
Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
The Riverview | 3bed/2bathroom | 3BR,2BA | $1.31 |
702 9th St SE, Unit 3 | 702 9th St SE | 2BR,1BA | $1.05 |
1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.47 |
DM Communities - Rochester | 219 One-Bedrooms | 1BR,1BA | $0.99 |
The Colby | 1bd/1ba | 1BR,1BA | $1.66 |
Meadow Park Apartments | Modern One Bedroom | 1BR,1BA | $1.73 |
504 7th St SW, Unit 4 | 504 7th St SW | Studio ,1BA | $1.23 |
315 5th St SE, Unit 2 | 315 5th St SE | 1BR,1BA | $1.40 |
Chester Estates | 1BR/1.0BA | 1BR,1BA | $1.88 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDowntown Rochester, Rochester, MN
Ranked #10
Among neighborhoods in Rochester, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Rochester Neighborhood in Rochester, MN
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Rochester Apartments
What is a cheap apartment in Downtown Rochester?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Rochester is under $1,350.
What is the price of a cheap apartment in Downtown Rochester?
The cheapest apartment in Downtown Rochester is DM Communities - Rochester which is listed at $795, while the average apartment in Downtown Rochester costs $2,042.
What types of apartments are the cheapest in Downtown 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 16 regular apartments in Downtown 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 Downtown Rochester?
Cheap apartments in Downtown Rochester have an average cost of $381 which is $1,661 cheaper than the average rent for all rentals in Downtown Rochester.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.