
Cheap Homes for Rent in Rochester, MN from $925 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Rochester.


1905 26th Ave NW

1807 Greenfield Ln SW, Unit 1

2604 4th Ave NE, Unit 10

358 Elton Hills Dr NW, Unit 23

2312 Valleyhigh Dr NW

3613 10th Ln NW
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1929 3rd Ave NE, Unit #2

2090 11th Ave SE

621 5th Ave SE

220 Broadway Ave S

410 6th Ave SW, Unit C3

2705 55th St NW

764 Neville Ct SE
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

224 9th Ave NW

513 13th Ave SE

2023 Peregrine Ave NW

207 7th Ave NW

861 37th Ave NW

418 18th Ave SW

2913 Agate Pl NW
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

3023 25th St NW, Unit 1

2719 Markay St SE
Rochester, MN Local Guide

How much does it cost to rent a home in Rochester?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rochester 2 Bedroom Homes for Rent | $1,500 | $1,050 | $2,000 |
| Rochester 3 Bedroom Homes for Rent | $2,114 | $1,600 | $3,000 |
| Rochester 4 Bedroom Homes for Rent | $2,742 | $1,950 | $4,600 |
| Rochester 5 Bedroom Homes for Rent | $2,686 | $1,950 | $3,350 |
| Rochester 6 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Top Homes for Rent in Rochester
Explore Rochester
Rochester, MN Local Guide
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Cheapest Neighborhoods for Apartments in Rochester, MN
Pricing Updated: 09/11/2026Current apartment rentals in the Rochester, MN area range in price from $900 to $4,259 with an overall median price of $1,622. The three Rochester neighborhoods with the lowest median rent pricing are Uptown Rochester at $1,521, Downtown Rochester at $1,595, and Historic Southwest at $1,595. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Rochester Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Uptown Rochester | $1,521 | $900 | 43 |
| Downtown Rochester | $1,595 | $900 | 154 |
| Historic Southwest | $1,595 | $900 | 214 |
| Kutzky Park | $1,595 | $900 | 208 |
| Meadow Park | $1,598 | $900 | 215 |
| East Rochester | $1,600 | $900 | 267 |
| Mayo Clinic | $1,622 | $900 | 212 |
| Forest Knoll Heritage | $1,640 | $1,397 | 21 |
| North Rochester | $1,675 | $900 | 417 |
| Northwest Rochester | $1,679 | $957 | 134 |
Cheapest Available Rochester Apartments for Rent
 The cheapest available apartment rental in Rochester, MN is a Studio unit found at 857 1st St SW in the Meadow Park neighborhood priced from $700. The Graham in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Rochester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 857 1st St SW | 0BR/1.0BA | Studio,1BA | $700 |
| The Graham | Studio w/ Utilities & Wifi Included | Studio,1BA | $925 |
| Heritage Manor Apartments | Lily | Studio,1BA | $925 |
| Sutton Place | 1 bed 1 bath | 1BR,1BA | $925 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $945 |
Best Value Apartments for Rent in Rochester, MN
As of September 11, 2026 the best value apartment in the Rochester area is the $1.07 price per square foot 864 9th Ave SE Model at 864 9th Ave SE in the in the Meadow Park neighborhood starting from $1,395. The second greatest value Rochester apartment is the 4 Bedroom A Model at The Quarters starting at $1,395 with a $1.13 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Rochester apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 864 9th Ave SE | 864 9th Ave SE | 2BR,1BA | $1.07 |
| The Quarters | 4 Bedroom A | 4BR,2BA | $1.13 |
| Harvestview Place II | 3 Bedroom | 3BR,2BA | $1.28 |
| Georgetowne Homes | 2 Bedroom Income Restricted | 2BR,2BA | $1.15 |
| Homestead Village Townhomes | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.22 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.32 |
| Cottages of Stewartville | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.22 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.35 |
| 2210 18 1/2 Ave NW | 2210 18 1/2 Ave NW | 2BR,1BA | $1.06 |
| Eastwood Manor Apartments | 2 Bed | 2BR,1BA | $1.27 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Rochester, MN
Washington Elementary School
Lincoln K-8 District-Wide School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rochester, MN Rentals by Map
See the most popular apartments and homes in Rochester, MN
Frequently Asked Questions about Rochester
What type of rentals are currently available in Rochester?
There are currently 291 Apartments for Rent in Rochester, MN with pricing that ranges from $900 to $4,259. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rochester ranging from $925 to $6,000.
What is the current price range for Rental Homes in Rochester?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rochester ranges from $925 to $6,000 with an average monthly rent of $2,203.
How much are larger Three and Four Bedroom Rentals in Rochester?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rochester range from $1,170 to $4,167, 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 $1,950 and Four Bedroom Apartments start at $1,395.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.