
Cheap Homes for Rent in Historic Southwest Neighborhood of Rochester, MN from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Historic Southwest area of Rochester.


1015 8th Ave NW

513 13th St NE

513 13th St NE

7 11th Ave NW

1107 5th Ave NW

1419 8th Ave NW, Unit Upstairs
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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

2114 Valleyhigh Dr NW, Unit 2114 Condo

2114 Valleyhigh Dr NW

1911 Viking Dr NW

2011 Viking Dr NW
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.
Historic Southwest, Rochester, MN Local Guide

How much does it cost to rent a home in Historic Southwest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Historic Southwest 2 Bedroom Homes for Rent | $1,552 | $1,085 | $1,995 |
| Historic Southwest 3 Bedroom Homes for Rent | $1,941 | $1,300 | $2,995 |
| Historic Southwest 4 Bedroom Homes for Rent | $2,197 | $1,800 | $3,500 |
| Historic Southwest 5 Bedroom Homes for Rent | $2,050 | $2,000 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Historic Southwest Neighborhood of Rochester, MN.
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Historic Southwest, Rochester, MN Local Guide
- Nearby Rochester neighborhoods
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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 Hillside Apartments priced from $900. Meadow Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,045. Here are the most affordable Historic Southwest apartments for rent in Rochester, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Meadow Park Apartments | Modern One Bedroom | 1BR,1BA | $1,045 |
| The Midtown Apartments | One Bed One Bath | 1BR,1BA | $1,105 |
| Med City Apartments | Studio | Studio,1BA | $1,125 |
| The Ida | Furnished 1B1B | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Historic Southwest, MN
As of December 28, 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 1225 8th Ave NW Model at 1225 8th Ave NW, Unit 1 starting at $1,400 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| 1225 8th Ave NW, Unit 1 | 1225 8th Ave NW | 3BR,1BA | $1.17 |
| Quarry Ridge Apartments | B2R | 2BR,2BA | $1.59 |
| The Quarters | 2 Bedroom | 2BR,1BA | $1.55 |
| 115 16th St NE | One Bedroom | 1BR,1BA | $1.63 |
| Cascade Shores Townhomes + Flats | A3R | 1BR,1BA | $1.76 |
| TwentyFirst Ave | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.49 |
| 1309 3rd Ave SW, Unit 4 | 1309 3rd Ave SW | 2BR,1BA | $1.11 |
| Berkshire Village | 2 Bedroom Corner | 2BR,1BA | $1.69 |
| Woodridge on Second | A1R | 1BR,1BA | $1.78 |
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
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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 #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Historic Southwest
What type of rentals are currently available in Historic Southwest?
There are currently 197 Apartments for Rent in Historic Southwest, MN with pricing that ranges from $650 to $3,700. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Historic Southwest ranging from $750 to $3,500.
What is the current price range for Rental Homes in Historic Southwest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Historic Southwest ranges from $750 to $3,500 with an average monthly rent of $1,738.
How much are larger Three and Four Bedroom Rentals in Historic Southwest?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Historic Southwest range from $1,150 to $3,660, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,277.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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!

