1301 1st St SW
RochesterMN55902
Cheap Homes for Rent in Downtown Rochester Neighborhood of Rochester, MN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Rochester area of Rochester.
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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.
111 8th Ave SE
RochesterMN55904
1144 W Center St
RochesterMN55902
826 1st St NW
RochesterMN55901
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.
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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 | $1,627 | $1,050 | $2,095 |
| Downtown Rochester 3 Bedroom Homes for Rent | $2,136 | $1,650 | $3,100 |
| Downtown Rochester 4 Bedroom Homes for Rent | $2,003 | $1,850 | $2,275 |
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 6 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 Chester Estates priced from $805. DM Communities - Rochester has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Downtown Rochester apartments for rent in Rochester, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chester Estates | 1BR/1.0BA | 1BR,1BA | $805 |
| DM Communities - Rochester | Uptown Court Apartment | 1BR,1BA | $845 |
| Meadow Park Apartments | Classic One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Downtown Rochester, MN
As of November 13, 2025 the best value apartment in the Downtown Rochester area is the $1.00 price per square foot 4 Beds, 2 baths Model at 1420 3rd Ave SW in the in the Meadow Park neighborhood starting from $2,100. The second greatest value Downtown Rochester apartment is the 2BR Model at Broadway Plaza - Mayo Clinic starting at $1,700 with a $1.07 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. |
|---|---|---|---|
| 1420 3rd Ave SW | 4 Beds, 2 baths | 4BR,2BA | $1.00 |
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| 1144 Center St W, Unit #1 | 1144 Center St W | 2BR,1BA | $1.25 |
| Quarry Ridge Apartments | B2R | 2BR,2BA | $1.48 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.50 |
| 1148 5th Ave SE, Unit Unit 2 | 1148 5th Ave SE | 2BR,1BA | $1.71 |
| 1309 3rd Ave SW, Unit 4 | 1309 3rd Ave SW | 2BR,1BA | $1.15 |
| DM Communities - Rochester | 2nd Street Villas Apartment | 1BR,1BA | $1.21 |
| The Colby | 1bd/1ba | 1BR,1BA | $1.58 |
| Chester Estates | 1BR/1.0BA | 1BR,1BA | $1.61 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 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.
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Pet Friendly LifestyleDowntown Rochester, Rochester, MN
Ranked #9
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Rochester
What type of rentals are currently available in Downtown Rochester?
There are currently 123 Apartments for Rent in Downtown Rochester, MN with pricing that ranges from $650 to $5,353. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Rochester ranging from $775 to $3,100.
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 $775 to $3,100 with an average monthly rent of $1,635.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.