Cheap Apartments for Rent in the Historic Southwest Neighborhood of Rochester, MN from $700 (92 Rentals)

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

property at 619 2nd St NW

$760 - $1,625

Total Monthly Price

Total Monthly Price

Base Rent
$760

Total Monthly Price
$760

1 To 3 Bedroom Rentals

Available Now

619 2nd St NW

RochesterMN55901
property at 504 E Center St

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

504 E Center St

RochesterMN55904
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Zick Apartments
$895 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $1,525

Total Monthly Price
$895 - $1,525
1 Bedroom Apartments Available Now

Zick Apartments

603 1st St SWRochester, MN 55902
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 818 W Center St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Jun 10

818 W Center St

RochesterMN55902

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property at 212 7th St NW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

212 7th St NW

RochesterMN55901
property at 1348 5th Ave SE

$950 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 To 2 Bedroom Rentals

Available Jul 10

1348 5th Ave SE

RochesterMN55904
property at 223 8th Ave SE

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Now

223 8th Ave SE

RochesterMN55904
property at 229 19th Ave SW

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available May 10

229 19th Ave SW

RochesterMN55902

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The Ida
Rent Specials
$1,000 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,400

Total Monthly Price
$1,000 - $1,400
Studio to 1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 423 4th Ave SE

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

423 4th Ave SE

RochesterMN55904
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Civic Square Apartments
Rent Specials
$1,092 - $3,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,092 - $3,530

Total Monthly Price
$1,092 - $3,530
1 to 2 Bedroom Apartments Available Now

Civic Square Apartments

101 Civic Center Dr NERochester, MN 55906
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1340 4th Ave SW

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available May 11

1340 4th Ave SW

RochesterMN55902

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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Quarry Ridge Apartments
$1,206 - $2,332
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $2,321
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Quarry Ridge Apartments

1728 Quarry Ridge Pl NWRochester, MN 55901
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2016-8 1/2 8 1/2 St SE

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 2 Bath Home for Rent

Available Now

2016-8 1/2 8 1/2 St SE

RochesterMN55904
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5th on 5th Apartments
$1,270 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $1,640
Required Monthly Fees
$40

Total Monthly Price
$1,270 - $1,680
Studio to 1 Bedroom Apartments Contact Us For Availability

5th on 5th Apartments

510 5th St SWRochester, MN 55902
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
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The Riverview
$1,320 - $1,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,320 - $1,375

Total Monthly Price
$1,320 - $1,375
1 Bedroom Apartments Available Jul 1

The Riverview

211 1st St NERochester, MN 55906
Transit Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

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Nicholas Apartments
$1,345 - $1,845
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $1,845

Total Monthly Price
$1,345 - $1,845
Studio to 2 Bedroom Apartments Available Jul 7

Nicholas Apartments

722 W Center StRochester, MN 55902
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour
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The Manor at Med City
$1,360 - $1,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,630
Required Monthly Fees
$135

Total Monthly Price
$1,360 - $1,765
1 to 3 Bedroom Apartments Available Now

The Manor at Med City

1505 Marion Rd SERochester, MN 55904
Affordability
  • Verified
  • Utilities Included
  • Low Income
property at 917 N Broadway Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

917 N Broadway Ave

RochesterMN55901
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Uptown Apartments
$1,470 - $1,890
Total Monthly Price

Total Monthly Price

Base Rent
$1,320 - $1,740
Required Monthly Fees
$150

Total Monthly Price
$1,470 - $1,890
1 to 2 Bedroom Apartments Available Jul 1

Uptown Apartments

1721 3rd St SWRochester, MN 55902
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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Flats on 4th
$1,475 - $3,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $3,300

Total Monthly Price
$1,475 - $3,300
Studio to 2 Bedroom Apartments Available Now

Flats on 4th

412 SE 3rd AveRochester, MN 55904
Family Friendly
  • Verified
  • Customer Reviewed
  • 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 1 Bed unit found at Zick Apartments priced from $895. Hillside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Historic Southwest apartments for rent in Rochester, MN:

Apartment ListingModel NameBed/BathPriced From
Zick Apartments1BR Basement1BR,1BA$895
Hillside ApartmentsStudioStudio,1BA$900
Meadow Park ApartmentsClassic Two Bedrooom2BR,1BA$970
The BeaconStudioStudio,1BA$995
Bryk on BroadwayStudio - Type 1 - 50%Studio,1BA$1,100
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,125
The IdaUnfurnished 1B1B1BR,1BA$1,200
Berkshire Village2 Bedroom Standard2BR,1BA$1,325
The Manor at Med City1 Bedroom - Deluxe1BR,1BA$1,360

Best Value Apartments for Rent in Historic Southwest, MN

As of April 28, 2026 the best value apartment in the Historic Southwest area is the $1.48 price per square foot Two Bedroom B Model at Avani Living in the in the Meadow Park neighborhood starting from $1,696. The second greatest value Historic Southwest apartment is the B1R Model at Woodridge on Second starting at $1,656 with a $1.58 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.
Avani LivingTwo Bedroom B2BR,2BA$1.48
Woodridge on SecondB1R2BR,2BA$1.58
1st Avenue Flats2 Bedroom2BR,2BA$1.48
The Quarters2 Bedroom2BR,1BA$1.55
521 19th St NW, Unit 18521 19th St NW2BR,1BA$1.56
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
Berkshire Village2 Bedroom Standard2BR,1BA$1.66
Lobb Field ApartmentsA2BR,1BA$1.42
Zick Apartments1BR Basement1BR,1BA$1.43
DM Communities - Rochester620-3071BR,1BA$1.66

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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 #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 Zick Apartments which is listed at $895, while the average apartment in Historic Southwest costs $2,425.

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 $2,099 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

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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.

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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.

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Written by: Christine Leonard, Esq.

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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.