Cheap Homes for Rent in Rochester, MN from $700 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in Rochester.

property at 1223 2nd St NE

1223 2nd St NE, Unit Room A

1223 2nd St NE
RochesterMN55906
property at 4733 14th Ave NW

4733 14th Ave NW, Unit 4

4733 14th Ave NW
RochesterMN55901

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.

property at 2604 4th Ave NE

2604 4th Ave NE, Unit 5

2604 4th Ave NE
RochesterMN55906
property at 2011 Viking Dr NW

2011 Viking Dr NW, Unit 34

2011 Viking Dr NW
RochesterMN55901
property at 1419 8th Ave NW

1419 8th Ave NW, Unit Upstairs

1419 8th Ave NW
RochesterMN55901
property at 358 Elton Hills Dr NW

358 Elton Hills Dr NW, Unit Unit 12

358 Elton Hills Dr NW
RochesterMN55901
property at 111 8th Ave SE

111 8th Ave SE

RochesterMN55904
property at 2114 Valleyhigh Dr NW

2114 Valleyhigh Dr NW

RochesterMN55901

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.

property at 1107 5th Ave NW

1107 5th Ave NW

RochesterMN55901
property at 120 11th St NW

120 11th St NW

RochesterMN55901
property at 6450 37th Ave NW

6450 37th Ave NW

RochesterMN55901
property at 491 Pointe Ct SW

491 Pointe Ct SW

RochesterMN55902
property at 3422 19th Ave NW

3422 19th Ave NW

RochesterMN55901

Cash 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.

property at 10 8th St NE

10 8th St NE

RochesterMN55906

Rochester, MN Local Guide

Cheapest Neighborhoods for Apartments in Rochester, MN

Pricing Updated: 12/05/2025

Current apartment rentals in the Rochester, MN area range in price from $650 to $4,640 with an overall median price of $2,311. The three Rochester neighborhoods with the lowest median rent pricing are Uptown Rochester at $650, Kutzky Park at $650, and East Rochester at $650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Rochester Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Uptown Rochester$1,890$65074
Kutzky Park$1,956$650251
East Rochester$2,025$650311
Historic Southwest$2,047$650250
Northwest Rochester$2,064$950135
Mayo Clinic$2,097$650247
Meadow Park$2,111$650227
Forest Knoll Heritage$2,275$1,22529
Downtown Rochester$2,395$650192
North Rochester$4,250$650450

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. Zick Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Rochester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The GrahamStudio w/ Utilities & Wifi IncludedStudio,1BA$775
Zick ApartmentsStudioStudio,1BA$895
Hillside ApartmentsStudioStudio,1BA$900
Heritage Manor ApartmentsDaisyStudio,1BA$930
The Colby1bd/1ba1BR,1BA$950

Best Value Apartments for Rent in Rochester, MN

As of December 06, 2025 the best value apartment in the Rochester area is the $1.17 price per square foot 3 BD/2.5 BA Townhome Model at The Brittany's Apartments and Townhomes in the in the Kutzky Park neighborhood starting from $1,950. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Brittany's Apartments and Townhomes3 BD/2.5 BA Townhome3BR,2.5BA$1.17
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Crystal Bay TownhomesExcelsior3BR,2BA$1.26
Georgetowne Homes3 Bedroom3BR,2BA$1.16
1225 8th Ave NW, Unit 11225 8th Ave NW3BR,1BA$1.17
Olympik Village ApartmentsApollo3BR,2BA$1.19
Green Arbor Commons2 Beds, 1 bath2BR,1BA$1.05
1309 3rd Ave SW, Unit 41309 3rd Ave SW2BR,1BA$1.11
2825 56th St NW, Unit C2825 56th St NW2BR,1BA$1.25
2216 18 1/2 Ave NW, Unit 12216 18 1/2 Ave NW2BR,1BA$1.19

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.

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The 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.

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Quick 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.

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Rochester, MN
Population: 116,961

Ranked #243

in US Census Population by City

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Pet Friendly Lifestyle
Rochester, MN

Ranked #29

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Rochester, MN Rentals by Map

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Frequently Asked Questions about Rochester

What type of rentals are currently available in Rochester?

There are currently 279 Apartments for Rent in Rochester, MN with pricing that ranges from $650 to $4,640. There are also 91 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 $1,768.

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 $3,660, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,675. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $3,725.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.