
Cheap Homes for Rent in Historic Southwest Neighborhood of Rochester, MN from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Historic Southwest area of Rochester.


2106 Valleyhigh Dr NW, Unit 208

1513 2nd St NE

2120 Valleyhigh Dr NW

2094 11th Ave SE

1807 Greenfield Ln SW, Unit 1
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

415 10th St NW

220 Broadway Ave S

1910 Center St W

1909 5th St SW

410 6th Ave SW, Unit M5

728 1st Ave SW, Unit 401
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.
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 | $1,621 | $1,095 | $2,800 |
| Historic Southwest 3 Bedroom Homes for Rent | $2,096 | $1,600 | $3,000 |
| Historic Southwest 4 Bedroom Homes for Rent | $2,681 | $1,995 | $4,400 |
| Historic Southwest 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Studio unit found at Hillside Apartments priced from $900. Meadow Park Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. 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 Two Bedroom | 2BR,1BA | $1,075 |
| The Colby | 1bd/1ba | 1BR,1BA | $1,095 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,125 |
| Andrew Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Historic Southwest, MN
As of July 06, 2026 the best value apartment in the Historic Southwest area is the $1.65 price per square foot Terzina Model at The Berkman in the in the Meadow Park neighborhood starting from $3,884. The second greatest value Historic Southwest apartment is the 4BR/2.5BA Model at 318 Commons starting at $1,950 with a $1.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Berkman | Terzina | 3BR,2BA | $1.65 |
| 318 Commons | 4BR/2.5BA | 4BR,2.5BA | $1.50 |
| The Quarters | 4 Bedroom A | 4BR,2BA | $0.63 |
| Avani Living | Two Bedroom A | 2BR,2BA | $1.65 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.32 |
| 864 9th Ave SE | 864 9th Ave SE | 1BR,1BA | $1.20 |
| West Willow | Two Bedroom | 2BR,1BA | $1.62 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Berkshire Village | 2 Bedroom Standard | 2BR,1BA | $1.66 |
| 504 7th St SW, Unit 3 | 504 7th St SW | Studio ,1BA | $1.32 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #4
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Historic Southwest
What type of rentals are currently available in Historic Southwest?
There are currently 208 Apartments for Rent in Historic Southwest, MN with pricing that ranges from $760 to $3,887. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Historic Southwest ranging from $1,050 to $4,400.
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 $1,050 to $4,400 with an average monthly rent of $2,128.
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 $1,175 to $3,887, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,575.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.