Cheap Apartments for Rent in the Historic Southwest Neighborhood of Rochester, MN from $700 (77 Rentals)

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

property at 818 W Center St

818 W Center St

RochesterMN55902

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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 1 Bed unit found at DM Communities - Rochester priced from $795. Meadow Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Historic Southwest apartments for rent in Rochester, MN:

Apartment ListingModel NameBed/BathPriced From
DM Communities - Rochester219 One-Bedrooms1BR,1BA$795
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$800
Chester Estates1BR/1.0BA1BR,1BA$895
The Colby1bd/1ba1BR,1BA$945
Building 4 - 210 16th St NEBuilding 4 - 210 16th St NE - 4-2051BR,1BA$975
The Midtown ApartmentsOne Bed One Bath1BR,1BA$995
Hillside ApartmentsOne Bedroom/One Bath1BR,1BA$1,100
EastGate ApartmentsA2-601BR,1BA$1,195

Best Value Apartments for Rent in Historic Southwest, MN

As of June 22, 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 3bed/2bathroom Model at The Riverview starting at $1,600 with a $1.27 price per square foot in the Meadow Park 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
The Riverview3bed/2bathroom3BR,2BA$1.27
The Quarters4 Bedroom4BR,2BA$1.33
Cascade Shores Townhomes + FlatsB1R2BR,1BA$1.57
702 9th St SE, Unit 3702 9th St SE2BR,1BA$1.05
1st Avenue Flats2 Bedroom2BR,2BA$1.47
TwentyFirst Ave3 Bedrooms 1 Bathroom3BR,1BA$1.46
DM Communities - Rochester219 One-Bedrooms1BR,1BA$0.99
The Midtown ApartmentsTwo Bed One Bath2BR,1BA$1.56
504 7th St SW, Unit 4504 7th St SWStudio ,1BA$1.23

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Pet Friendly Lifestyle
Historic Southwest, Rochester, MN

Ranked #4

Among neighborhoods in Rochester, MN 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

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 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 $1,195.

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

The cheapest apartment in Historic Southwest is DM Communities - Rochester which is listed at $795, while the average apartment in Historic Southwest costs $2,002.

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 35 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 $506 which is $1,496 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.

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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.