
Cheap Homes for Rent in Historic Southwest Neighborhood of Rochester, MN from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Historic Southwest area of Rochester.


521 4th Ave NW, Unit 1

1015 8th Ave NW

2120 Valleyhigh Dr NW, Unit C202
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.

2011 Viking Dr NW

305 17th St NE

1302 12th Ave NW

215 Elton Hills Dr NW, Unit 6
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 | $1,659 | $900 | $2,550 |
| Historic Southwest 3 Bedroom Homes for Rent | $1,757 | $1,300 | $2,550 |
| Historic Southwest 4 Bedroom Homes for Rent | $2,268 | $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 8 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
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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 1 Bed unit found at Eastwood Manor Apartments priced from $850. Meadow Park Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here are the most affordable Historic Southwest apartments for rent in Rochester, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eastwood Manor Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Meadow Park Apartments | Classic Two Bedrooom | 2BR,1BA | $895 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Historic Southwest, MN
As of February 19, 2026 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 Lafayette Model at Crystal Bay Townhomes starting at $1,780 with a $1.43 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 |
| Crystal Bay Townhomes | Lafayette | 2BR,1.5BA | $1.43 |
| 1225 8th Ave NW, Unit 1 | 1225 8th Ave NW | 3BR,1BA | $1.15 |
| 1910 Valleyhigh Dr NW, Unit 1910 | 1910 Valleyhigh Dr NW | 2BR,1BA | $1.27 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.50 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.18 |
| 1017 21st St SE | 2 beds 1 bath | 2BR,1BA | $1.27 |
| Eastwood Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.21 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $1.44 |
| Lobb Field Apartments | 1BR/1.0BA | 1BR,1BA | $1.50 |
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
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 #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 199 Apartments for Rent in Historic Southwest, MN with pricing that ranges from $800 to $4,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Historic Southwest ranging from $800 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 $800 to $3,500 with an average monthly rent of $1,793.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.