
Cheap Studio Apartments for Rent in the Downtown Rochester Neighborhood of Rochester, MN from $775 (21 Rentals)


DM Communities - Rochester

1301 1st St SW

101 Center E St, Unit 404

313 7th Ave 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.

5th on 5th Apartments

501 on First

Flats on 4th

Residence at Discovery Square
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.

Maven on Broadway

1201 1st St SW
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $1,331 | $775 | $3,565 |
Downtown Rochester 1 Bedroom Apartments | $1,622 | $800 | $4,914 |
Downtown Rochester 2 Bedroom Apartments | $2,062 | $1,000 | $7,278 |
Downtown Rochester 3 Bedroom Apartments | $2,608 | $1,200 | $5,000 |
Downtown Rochester 4 Bedroom Apartments | $1,925 | $1,900 | $1,950 |
Explore Rochester
Downtown Rochester, Rochester, MN Local Guide
- Nearby Rochester neighborhoods
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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.
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 $1,450.
What is the price of a cheap apartment in Downtown Rochester?
The cheapest apartment in Downtown Rochester is Hillside Apartments which is listed at $870, while the average apartment in Downtown Rochester costs $2,133.
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.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.