Cheap Homes for Rent in Rochester, MN from $700 (21 Rentals)

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Rochester, MN Local Guide

Cheapest Neighborhoods for Apartments in Rochester, MN

Pricing Updated: 07/31/2025

Current apartment rentals in the Rochester, MN area range in price from $775 to $11,010 with an overall median price of $2,296. The three Rochester neighborhoods with the lowest median rent pricing are Meadow Park at $775, East Rochester at $775, and Historic Southwest at $775. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Rochester Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Meadow Park$1,941$775130
East Rochester$1,979$775202
Historic Southwest$1,987$775153
Kutzky Park$2,007$775148
Mayo Clinic$2,007$775137
Uptown Rochester$2,007$84544
Downtown Rochester$2,015$77596
Forest Knoll Heritage$2,214$1,34015
Northwest Rochester$2,330$915281
North Rochester$4,475$775488

Cheapest Available Rochester Apartments for Rent

 

The cheapest available apartment rental in Rochester, MN is a 1 Bed unit found at DM Communities - Rochester in the Meadow Park neighborhood priced from $795. Meadow Park Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Rochester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
DM Communities - RochesterFull Studio1BR,1BA$795
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$850
The Colby1bd/1ba1BR,1BA$875
Winchester Apartments & TownhomesOHara1BR,1BA$985
The Midtown ApartmentsOne Bed One Bath1BR,1BA$995

Best Value Apartments for Rent in Rochester, MN

As of July 31, 2025 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Brittany's Apartments and Townhomes3 BD/1.5BA2BR,1.5BA$1.11
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Georgetowne Homes3 Bedroom3BR,2BA$1.03
106 14th St NE, Unit Basement Duplex106 14th St NE2BR,1BA$1.04
The Quarters4 Bedroom4BR,2BA$1.33
Harvestview Place II3 Bedroom3BR,2BA$1.24
Cottages of Stewartville3 Bedroom 1 Bathroom3BR,1BA$1.25
Dakota TownhomesTwo Bedroom2BR,1BA$1.26
Heritage Manor ApartmentsSunflower2BR,1BA$1.14
DM Communities - RochesterFull StudioStudio ,1BA$1.33

Quick Rent Budget Calculator

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Frequently Asked Questions about Rochester

What type of rentals are currently available in Rochester?

There are currently 251 Apartments for Rent in Rochester, MN with pricing that ranges from $775 to $11,010. There are also 106 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rochester ranging from $750 to $50,000.

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 $750 to $50,000 with an average monthly rent of $2,430.

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 $995 to $11,010, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,225. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,395.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.