Cheap Apartments for Rent in the Historic Southwest Neighborhood of Rochester, MN from $600 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Historic Southwest area of Rochester.

property at 1134 W Center St

1134 W Center St

RochesterMN55902
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1600 Marion Rd SE, Unit 10
$900
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
Studio Apartment Available Mar 23, 2026

1600 Marion Rd SE, Unit 10

1600 Marion Rd SERochester, MN 55904
Furnished
  • Smoke Free
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101 Center E St, Unit 416
$900
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
Studio Apartment Available Feb 2, 2026

101 Center E St, Unit 416

101 Center E StRochester, MN 55904
Furnished
  • Smoke Free

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.

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Chester Estates
$935
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925
Required Monthly Fees
$10

Total Monthly Price
$935
2 Bedroom Apartments Contact Us For Availability

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
Affordability
  • Verified
  • Utilities Included
property at 511 10th Ave SE

511 10th Ave SE

RochesterMN55904
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Civic Square Apartments
Rent Specials
$1,092 - $3,006
Total Monthly Price

Total Monthly Price

Base Rent
$1,092 - $3,006

Total Monthly Price
$1,092 - $3,006
1 to 2 Bedroom Apartments Available Now

Civic Square Apartments

101 Civic Center Dr NERochester, MN 55906
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Ida
Rent Specials
$1,100 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,400

Total Monthly Price
$1,100 - $1,400
1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1-8 1/2 2nd St SE

1-8 1/2 2nd St SE

RochesterMN55904

Cash 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.

property at 117 21st St SE

117 21st St SE

RochesterMN55904

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.

property at 916 1st St SE

916 1st St SE

RochesterMN55904
property at 1346 4th Ave SW

1346 4th Ave SW

RochesterMN55902
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1225 8th Ave NW, Unit 1
$1,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400
3 Bedroom Apartment Available Now

1225 8th Ave NW, Unit 1

1225 8th Ave NWRochester, MN 55901
Cost Per Sq.Ft.
  • Smoke Free
property at 1348 4th Ave SW

1348 4th Ave SW

RochesterMN55902
property at 725 7th Ave SE

725 7th Ave SE

RochesterMN55904
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The Graham
Studio to 1 Bedroom Apartments

The Graham

108 16th St SERochester, MN 55904
Corporate Housing
  • Utilities Included
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Newhouse
Studio to 1 Bedroom Apartments

Newhouse

855 1st St SWRochester, MN 55902
Corporate Housing
  • Utilities Included

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.

Historic Southwest, Rochester, MN Local Guide

Cheapest Available Historic Southwest Apartments for Rent

 

The cheapest available apartment rental in the Historic Southwest area of Rochester, MN is a Studio unit found at The Graham priced from $775. Zick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Historic Southwest apartments for rent in Rochester, MN:

Apartment ListingModel NameBed/BathPriced From
The GrahamStudio w/ Utilities & Wifi IncludedStudio,1BA$775
Zick ApartmentsStudioStudio,1BA$895
Hillside ApartmentsStudioStudio,1BA$900
The Colby1bd/1ba1BR,1BA$950
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$995
EastGate ApartmentsS1-60Studio,1BA$1,096
The Midtown ApartmentsOne Bed One Bath1BR,1BA$1,105
The IdaFurnished 1B1B1BR,1BA$1,200
Med City ApartmentsTwo Bed2BR,1BA$1,200

Best Value Apartments for Rent in Historic Southwest, MN

As of December 07, 2025 the best value apartment in the Historic Southwest 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 Historic Southwest apartment is the Excelsior Model at Crystal Bay Townhomes starting at $1,870 with a $1.26 price per square foot in the Historic Southwest neighborhood. Here is today’s list of the best values for Historic Southwest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Crystal Bay TownhomesExcelsior3BR,2BA$1.26
115 16th St NETwo Bedroom2BR,1BA$1.54
1225 8th Ave NW, Unit 11225 8th Ave NW3BR,1BA$1.17
Avani LivingTwo Bedroom A2BR,2BA$1.53
The Quarters2 Bedroom2BR,1BA$1.55
5th on 5th Apartments1 Bedroom 1 Bath +Den1BR,1BA$1.78
1309 3rd Ave SW, Unit 41309 3rd Ave SW2BR,1BA$1.11
Berkshire Village2 Bedroom Corner2BR,1BA$1.69
The Colby1bd/1ba1BR,1BA$1.58

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.

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The 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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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.

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Pet Friendly Lifestyle
Historic Southwest, Rochester, MN

Ranked #3

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Historic Southwest Neighborhood in Rochester, MN

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

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 $1,200.

What is the price of a cheap apartment in Historic Southwest?

The cheapest apartment in Historic Southwest is The Colby which is listed at $950, while the average apartment in Historic Southwest costs $2,097.

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 10 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 $130 which is $1,967 cheaper than the average rent for all rentals in Historic Southwest.

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.