15 12th Ave NW, Unit 3
15 12th Ave NW
RochesterMN55901
Cheap Homes for Rent in the Downtown Rochester Neighborhood of Rochester, MN from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Rochester area of Rochester.
28 6th Ave SE
RochesterMN55904
410 6th Ave SW, Unit M5
410 6th Ave SW
RochesterMN55902
220 Broadway Ave S
RochesterMN55904
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.
1119 2nd St SW
RochesterMN55902
1910 Center St W
RochesterMN55902
728 1st Ave SW, Unit 401
728 1st Ave SW
RochesterMN55902
224 9th Ave NW
RochesterMN55901
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.
Showing Results 1-8, Page 1 of 1
Downtown Rochester, Rochester, MN Local Guide
How much does it cost to rent a home in Downtown Rochester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Rochester 2 Bedroom Homes for Rent | $1,863 | $1,395 | $2,800 |
| Downtown Rochester 3 Bedroom Homes for Rent | $2,256 | $1,940 | $2,850 |
| Downtown Rochester 4 Bedroom Homes for Rent | $2,800 | $2,250 | $4,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 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
- 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 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 |
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 Article
Real 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.
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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 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 Downtown Rochester
What type of rentals are currently available in Downtown Rochester?
There are currently 128 Apartments for Rent in Downtown Rochester, MN with pricing that ranges from $825 to $4,144. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Rochester ranging from $900 to $4,400.
What is the current price range for Rental Homes in Downtown Rochester?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Rochester ranges from $900 to $4,400 with an average monthly rent of $2,026.
How much are larger Three and Four Bedroom Rentals in Downtown Rochester?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Rochester range from $1,295 to $4,144, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,940 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $1,950.
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.