
Cheap Homes for Rent in Rochester, MN from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Rochester.


1015 8th Ave NW

1015 8th Ave NW

1816 34th St NW

513 13th St NE

2604 4th Ave NE, Unit 5
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.

111 8th Ave SE

1911 Viking Dr NW

2011 Viking Dr NW

620 2nd Ave NW

2705 55th St NW

6450 37th Ave 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.

3422 19th Ave NW

207 5th Ave SW

513 4th Ave NW

728 1st Ave SW, Unit 401

5983 Sandcherry Pl NW

725 7th St NW
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.

1807 3rd St SW
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 | $1,751 | $945 | $2,730 |
| Rochester 3 Bedroom Homes for Rent | $2,075 | $1,300 | $3,675 |
| Rochester 4 Bedroom Homes for Rent | $2,418 | $1,895 | $3,500 |
| Rochester 5 Bedroom Homes for Rent | $2,116 | $2,000 | $2,250 |
Browse Top Homes for Rent in Rochester
Explore Rochester
Rochester, MN Local Guide
- Rochester Neighborhoods
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Cheapest Neighborhoods for Apartments in Rochester, MN
Pricing Updated: 01/19/2026Current apartment rentals in the Rochester, MN area range in price from $840 to $4,250 with an overall median price of $2,323. The three Rochester neighborhoods with the lowest median rent pricing are Uptown Rochester at $840, Northwest Rochester at $950, and Kutzky Park at $840. 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 | $1,803 | $840 | 43 |
| Northwest Rochester | $1,852 | $950 | 146 |
| Kutzky Park | $1,925 | $840 | 358 |
| Historic Southwest | $2,000 | $840 | 358 |
| East Rochester | $2,003 | $840 | 415 |
| Mayo Clinic | $2,075 | $840 | 355 |
| Meadow Park | $2,095 | $840 | 343 |
| Forest Knoll Heritage | $2,434 | $1,260 | 28 |
| Downtown Rochester | $2,795 | $840 | 301 |
| North Rochester | $4,250 | $840 | 574 |
Cheapest Available Rochester Apartments for Rent
 The cheapest available apartment rental in Rochester, MN is a Studio unit found at The Graham in the Meadow Park neighborhood priced from $775. The Beacon in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Rochester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Graham | Studio w/ Utilities & Wifi Included | Studio,1BA | $775 |
| The Beacon | Studio | Studio,1BA | $900 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Chester Estates | 2BR/1.0BA | 2BR,1BA | $935 |
| 2nd St Flats | 1BR/1.0BA | 1BR,1BA | $950 |
Best Value Apartments for Rent in Rochester, MN
As of January 20, 2026 the best value apartment in the Rochester area is the $1.11 price per square foot 3 BD/ 1.5BA Model at The Brittany's Apartments and Townhomes in the in the Kutzky Park neighborhood starting from $1,850. The second greatest value Rochester apartment is the 2BR Model at Broadway Plaza - Mayo Clinic starting at $1,700 with a $1.07 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. |
|---|---|---|---|
| The Brittany's Apartments and Townhomes | 3 BD/ 1.5BA | 2BR,1.5BA | $1.11 |
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.10 |
| 1225 8th Ave NW, Unit 1 | 1225 8th Ave NW | 3BR,1BA | $1.17 |
| Dakota Townhomes | Three Bedroom | 3BR,1.5BA | $1.20 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1.05 |
| 1602 45th St NW, Unit APT # 1 | 1602 45th St NW | 2BR,1BA | $1.19 |
| Chester Estates | 2BR/1.0BA | 2BR,1BA | $1.17 |
| 2216 18 1/2 Ave NW, Unit 1 | 2216 18 1/2 Ave NW | 2BR,1BA | $1.19 |
| 1143 1st St NW, Unit 206 | 1143 1st St NW | 1BR,1BA | $1.18 |
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.
Best Local Schools in Rochester, MN
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 284 Apartments for Rent in Rochester, MN with pricing that ranges from $840 to $4,250. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rochester ranging from $775 to $3,675.
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 $775 to $3,675 with an average monthly rent of $1,808.
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 $1,150 to $3,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,675. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $3,675.
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

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.

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!