
Cheap 2 Bedroom Apartments for Rent in the Historic Southwest Neighborhood of Rochester, MN from $850 (44 Rentals)


Total Monthly Price
Meadow Park Apartments

Eastwood Manor

2020-2022 Eastwood Rd SE

Total Monthly Price
1653 4th St SE, Unit 7, Unit 7

Lobb Field Apartments

1340 4th Ave SW

Homestead Village Townhomes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2120 Valleyhigh Dr NW, Unit C202, Unit C202

Berkshire Village

TwentyFirst Ave

Med City Apartments

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607 5th Ave SE, Unit Unit 1, Unit Unit 1

Total Monthly Price
521 19th St NW, Unit 18, Unit 18

917 N Broadway Ave

Hillside Apartments
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.

Bryk on Broadway

Total Monthly Price
The Manor at Med City

EastGate Apartments

1204 2nd Ave NW

Total Monthly Price
Civic Square Apartments

Total Monthly Price
1148 5th Ave SE, Unit Unit 2, Unit Unit 2

1215 7th Ave SE

Total Monthly Price
Uptown Apartments
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.

Mile Manor Apartments

Chester Estates

1017 21st St SE

504 14th St SE

Sunshine Highland Block

Center Street Village

The Midtown Apartments

Valley High
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.

Washington Village East Apartments

Cascade Creek Apartments

Uptown Terrace

Village On 3rd Apartments

2094 11th Ave SE

The Hamptons Townhouse

725 7th St NW

1732 2nd 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.

524 10th St SE

1st Avenue Flats

Old City Hall

The Quarters
Historic Southwest, Rochester, MN Local Guide

How much does it cost to rent an apartment in Historic Southwest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Historic Southwest Studio Apartments | $1,470 | $875 | $1,945 |
| Historic Southwest 1 Bedroom Apartments | $1,710 | $760 | $2,705 |
Historic Southwest 2 Bedroom Apartments | $2,082 | $850 | $4,000 |
| Historic Southwest 3 Bedroom Apartments | $2,471 | $1,020 | $5,388 |
| Historic Southwest 4 Bedroom Apartments | $2,343 | $1,950 | $2,548 |
Explore Rochester
Historic Southwest, Rochester, MN Local Guide
- Nearby Rochester neighborhoods
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleHistoric Southwest, Rochester, MN
Ranked #5
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Historic Southwest Apartments
What is a cheap apartment in Historic Southwest?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Historic Southwest is under $1,360.
What is the price of a cheap apartment in Historic Southwest?
The cheapest apartment in Historic Southwest is Meadow Park Apartments which is listed at $970, while the average apartment in Historic Southwest costs $2,438.
What types of apartments are the cheapest in Historic Southwest?
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 Historic Southwest 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 Historic Southwest?
Cheap apartments in Historic Southwest have an average cost of $326 which is $2,112 cheaper than the average rent for all rentals in Historic Southwest.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.