Cheap Homes for Rent in Mayo Clinic Neighborhood of Rochester, MN from $700 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Mayo Clinic area of Rochester.

property at 1223 2nd St NE

$700 - $800

Total Monthly Price4 Month Lease Term

Total Monthly Price

Base Rent
$700 - $800

Total Monthly Price
$700 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

1223 2nd St NE

RochesterMN55906
property at 28 6th Ave SE

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available May 11

28 6th Ave SE

RochesterMN55904
property at 120-9-1/2 9 1/2 St SE

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

2 Bedroom, 1 Bath Home for Rent

Available Apr 27

120-9-1/2 9 1/2 St SE

RochesterMN55904
property at 362 Elton Hills Dr NW

$1,125

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

1 Bedroom, 1 Bath Condo for Rent

Available Now

362 Elton Hills Dr NW, Unit 27

362 Elton Hills Dr 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 2120 Valleyhigh Dr NW

$1,195

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

2120 Valleyhigh Dr NW, Unit C202

2120 Valleyhigh Dr NW
RochesterMN55901
property at 607 11th Ave NE

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available May 10

607 11th Ave NE

RochesterMN55906
property at 366 Elton Hills Dr NW

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Jun 12

366 Elton Hills Dr NW

RochesterMN55901
property at 20 Mayo Park Dr SE

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Apr 11

20 Mayo Park Dr SE

RochesterMN55904

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 725 7th St NW

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

725 7th St NW

RochesterMN55901
property at 1910 Center St W

$1,400

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

1910 Center St W

RochesterMN55902
property at 1732 2nd Ave SE

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available May 1

1732 2nd Ave SE

RochesterMN55904
property at 524 10th St SE

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Now

524 10th St SE

RochesterMN55904

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.

Mayo Clinic, Rochester, MN Local Guide

Cheapest Available Mayo Clinic Apartments for Rent

 

The cheapest available apartment rental in the Mayo Clinic area of Rochester, MN is a 2 Beds unit found at Meadow Park Apartments priced from $870. Zick Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Mayo Clinic apartments for rent in Rochester, MN:

Apartment ListingModel NameBed/BathPriced From
Meadow Park ApartmentsClassic Two Bedrooom2BR,1BA$870
Zick Apartments1BR Basement1BR,1BA$895
Hillside ApartmentsStudioStudio,1BA$900
The BeaconStudioStudio,1BA$995
Med City ApartmentsTwo Bed2BR,1BA$1,175

Best Value Apartments for Rent in Mayo Clinic, MN

As of April 08, 2026 the best value apartment in the Mayo Clinic area is the $1.07 price per square foot 2BR Model at Broadway Plaza - Mayo Clinic in the in the Meadow Park neighborhood starting from $1,700. The second greatest value Mayo Clinic apartment is the C1R Townhome Model at Avalon Cove Townhomes starting at $2,169 with a $1.42 price per square foot in the Historic Southwest neighborhood. Here is today’s list of the best values for Mayo Clinic apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Avalon Cove TownhomesC1R Townhome3BR,2.5BA$1.42
Avani LivingTwo Bedroom B2BR,2BA$1.48
1st Avenue Flats2 Bedroom2BR,2BA$1.48
2216 18 1/2 Ave NW, Unit 12216 18 1/2 Ave NW2BR,1BA$1.03
2210 18 1/2 Ave NW, Unit 42210 18 1/2 Ave NW2BR,1BA$1.06
1015 12th St NW, Unit Unit 21015 12th St NW2BR,1BA$1.55
Med City ApartmentsTwo Bed2BR,1BA$1.40
1143 1st St NW, Unit 3011143 1st St NW1BR,1BA$1.24
Zick Apartments1BR Basement1BR,1BA$1.43

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Mayo Clinic, Rochester, MN

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Mayo Clinic

What type of rentals are currently available in Mayo Clinic?

There are currently 197 Apartments for Rent in Mayo Clinic, MN with pricing that ranges from $800 to $5,588. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mayo Clinic ranging from $700 to $3,950.

What is the current price range for Rental Homes in Mayo Clinic?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mayo Clinic ranges from $700 to $3,950 with an average monthly rent of $1,822.

How much are larger Three and Four Bedroom Rentals in Mayo Clinic?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mayo Clinic range from $1,050 to $5,588, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,645 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,950.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.