Cheap Apartments for Rent in the Historic Southwest Neighborhood of Rochester, MN from $500 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Historic Southwest area of Rochester.

property at 1120 4th St SE

1120 4th St SE

RochesterMN55904
property at 19 12th St NW

19 12th St NW

RochesterMN55901
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855 1st St SW
Studio Apartments

855 1st St SW

855 1st St SWRochester, MN 55902
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Mile Manor Apartments
Studio to 3 Bedroom Apartments

Mile Manor Apartments

1617 4th St NWRochester, MN 55901
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The Marion Apartments
Studio Apartments

The Marion Apartments

1600 Marion Rd SERochester, MN 55904
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The Graham
Studio Apartments

The Graham

108 16th St SERochester, MN 55904
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Chester Estates
1 to 2 Bedroom Apartments

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
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Zick Apartments
Studio to 1 Bedroom Apartments

Zick Apartments

603 1st St SWRochester, MN 55902
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2nd St Flats
1 Bedroom Apartments

2nd St Flats

221-229 19th Ave SWRochester, MN 55902
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The Meadows Apartments
1 to 3 Bedroom Apartments

The Meadows Apartments

1225 20th St SERochester, MN 55904
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Uptown Landing
1 Bedroom Apartments

Uptown Landing

621 1st St SWRochester, MN 55902
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Showing Results 1-50, Page 1 of 2

Historic Southwest, Rochester, MN Local Guide

Cheapest Available Historic Southwest Apartments for Rent

 

The cheapest available apartment rental in the Historic Southwest area of Rochester, MN is a 1 Bed unit found at DM Communities - Rochester priced from $550. Hillside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $860. Here are the most affordable Historic Southwest apartments for rent in Rochester, MN:

Apartment ListingModel NameBed/BathPriced From
DM Communities - Rochester219 Apartments1BR,1BA$550
Hillside ApartmentsStudioStudio,1BA$860
The Colby1bd/1ba1BR,1BA$875
Chester Estates1BR/1.0BA1BR,1BA$895
The Midtown ApartmentsOne Bed One Bath1BR,1BA$990
EastGate ApartmentsS1-60Studio,1BA$995

Best Value Apartments for Rent in Historic Southwest, MN

As of March 31, 2025 the best value apartment in the Historic Southwest 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 Historic Southwest apartment is the 4 Bedroom Model at The Quarters starting at $1,650 with a $1.33 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Historic Southwest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
The Quarters4 Bedroom4BR,2BA$1.33
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1.40
15 12th Ave NW, Unit 315 12th Ave NW1BR,1BA$1.11
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.30
1245 3rd Ave SW, Unit 21245 3rd Ave SW2BR,1BA$1.16
1143 1st St NW, Unit 3051143 1st St NW1BR,1BA$1.08
DM Communities - RochesterUptown Court Apartment1BR,1BA$1.13
The Midtown ApartmentsTwo Bed One Bath2BR,1BA$1.43
812 1st St NW, Unit 3812 1st St NWStudio ,1BA$1.33

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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Pet Friendly Lifestyle
Historic Southwest, Rochester, MN

Ranked #5

Among neighborhoods in Rochester, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Historic Southwest Neighborhood in Rochester, MN

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Historic Southwest Apartments

What is a cheap apartment in Historic Southwest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Historic Southwest is under $995.

What is the price of a cheap apartment in Historic Southwest?

The cheapest apartment in Historic Southwest is DM Communities - Rochester which is listed at $550, while the average apartment in Historic Southwest costs $2,068.

What types of apartments are the cheapest in Historic Southwest?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 34 regular apartments in Historic Southwest that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Historic Southwest?

Cheap apartments in Historic Southwest have an average cost of $628 which is $1,440 cheaper than the average rent for all rentals in Historic Southwest.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.