
Cheap Homes for Rent in Rochester, MN from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Rochester.


1301 1st St SW

1511 7th ave nw, Unit #1

4733 14th Ave NW, Unit 4

2604 4th Ave NE, Unit 5

2011 Viking Dr NW, Unit 34
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.

1419 8th Ave NW, Unit Upstairs

111 8th Ave SE

1107 5th Ave NW

1610 22nd St NW

2114 Valleyhigh Dr NW

2204 Valleyhigh Dr 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.

535 19th St NW

120 11th St NW

3037 Venice Ln NW

6450 37th Ave NW

215 Elton Hills Dr NW, Unit 6

10 8th St NE
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.

1144 W Center St
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 | $1,605 | $995 | $2,730 |
| Rochester 3 Bedroom Homes for Rent | $1,998 | $1,450 | $3,400 |
| Rochester 4 Bedroom Homes for Rent | $2,263 | $1,699 | $3,300 |
| Rochester 5 Bedroom Homes for Rent | $2,657 | $2,100 | $3,500 |
Browse Top Homes for Rent in Rochester
Explore Rochester
Rochester, MN Local Guide
- Rochester Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Rochester, MN
Pricing Updated: 11/11/2025Current apartment rentals in the Rochester, MN area range in price from $650 to $5,353 with an overall median price of $2,342. The three Rochester neighborhoods with the lowest median rent pricing are Northwest Rochester at $895, Uptown Rochester 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Northwest Rochester | $1,889 | $895 | 147 |
| Uptown Rochester | $1,902 | $650 | 80 |
| East Rochester | $2,000 | $650 | 261 |
| Kutzky Park | $2,000 | $650 | 201 |
| Historic Southwest | $2,097 | $650 | 198 |
| Mayo Clinic | $2,185 | $650 | 193 |
| Meadow Park | $2,200 | $650 | 160 |
| Forest Knoll Heritage | $2,206 | $1,260 | 37 |
| Downtown Rochester | $2,395 | $650 | 124 |
| North Rochester | $4,550 | $650 | 412 |
Cheapest Available Rochester Apartments for Rent
 The cheapest available apartment rental in Rochester, MN is a 1 Bed unit found at Chester Estates in the Meadow Park neighborhood priced from $805. DM Communities - Rochester in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Rochester apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chester Estates | 1BR/1.0BA | 1BR,1BA | $805 |
| DM Communities - Rochester | Uptown Court Apartment | 1BR,1BA | $845 |
| Meadow Park Apartments | Classic One Bedroom | 1BR,1BA | $850 |
| Colonial Apartments | 2BR/1.5BA | 2BR,1BA | $895 |
| Zick Apartments | Studio | Studio,1BA | $895 |
Best Value Apartments for Rent in Rochester, MN
As of November 11, 2025 the best value apartment in the Rochester area is the $1.00 price per square foot 4 Beds, 2 baths Model at 1420 3rd Ave SW in the in the Meadow Park neighborhood starting from $2,100. The second greatest value Rochester apartment is the 3 BD/2.5 BA Townhome Model at The Brittany's Apartments and Townhomes starting at $1,950 with a $1.17 price per square foot in the Kutzky 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. |
|---|---|---|---|
| 1420 3rd Ave SW | 4 Beds, 2 baths | 4BR,2BA | $1.00 |
| The Brittany's Apartments and Townhomes | 3 BD/2.5 BA Townhome | 3BR,2.5BA | $1.17 |
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| 1144 Center St W, Unit #1 | 1144 Center St W | 2BR,1BA | $1.25 |
| Olympik Village Apartments | Apollo | 3BR,2BA | $1.19 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1.05 |
| 1309 3rd Ave SW, Unit 4 | 1309 3rd Ave SW | 2BR,1BA | $1.15 |
| 2216 18 1/2 Ave NW, Unit 1 | 2216 18 1/2 Ave NW | 2BR,1BA | $1.19 |
| 1602 45th St NW, Unit APT#4 | 1602 45th St NW | 2BR,1BA | $1.16 |
| DM Communities - Rochester | 2nd Street Villas Apartment | 1BR,1BA | $1.21 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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.
Rochester, MNPopulation: 116,961
Ranked #243
in US Census Population by City
Pet Friendly LifestyleRochester, MN
Ranked #30
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 277 Apartments for Rent in Rochester, MN with pricing that ranges from $650 to $5,353. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rochester ranging from $775 to $3,500.
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 $3,500 with an average monthly rent of $1,790.
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 $5,353, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,699 and Four Bedroom Apartments start at $2,000.
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.

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!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.


