
Cheap Homes for Rent in Rochester, MN from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Rochester.


515 1/2 8th St SW

28 6th Ave SE

366 Elton Hills Dr NW
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

4049 18th Ave NW

1207 8th Ave SE

1929 3rd Ave NE, Unit #1

1513 4th St NE
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

6450 37th Ave NW, Unit 115

4047 18th Ave NW

220 Broadway Ave S, Unit 907

6134 S Pointe Dr SW
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

2096 11th Ave SE
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 | $1,982 | $1,295 | $2,925 |
Rochester 3 Bedroom Homes for Rent | $2,318 | $1,649 | $3,500 |
Rochester 4 Bedroom Homes for Rent | $2,442 | $1,700 | $3,875 |
Rochester 5 Bedroom Homes for Rent | $3,100 | $2,600 | $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: 05/12/2025Current apartment rentals in the Rochester, MN area range in price from $745 to $7,713 with an overall median price of $2,630. The three Rochester neighborhoods with the lowest median rent pricing are Forest Knoll Heritage at $1,276, Historic Southwest at $745, and Kutzky Park at $745. 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 |
---|---|---|---|
Forest Knoll Heritage | $2,110 | $1,276 | 24 |
Historic Southwest | $2,123 | $745 | 157 |
Kutzky Park | $2,132 | $745 | 164 |
Mayo Clinic | $2,132 | $745 | 143 |
Downtown Rochester | $2,188 | $745 | 86 |
East Rochester | $2,209 | $745 | 207 |
Meadow Park | $2,216 | $745 | 125 |
Uptown Rochester | $2,249 | $745 | 105 |
North Rochester | $4,475 | $745 | 544 |
Northwest Rochester | $4,475 | $1,001 | 319 |
Cheapest Available Rochester Apartments for Rent
 The cheapest available apartment rental in Rochester, MN is a Studio unit found at DM Communities - Rochester in the Meadow Park neighborhood priced from $745. Heritage Manor Apartments in the Kutzky Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $865. Here is today’s list of the most affordable Rochester apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
DM Communities - Rochester | 219 Studios | Studio,1BA | $745 |
Heritage Manor Apartments | Daisy | Studio,1BA | $865 |
Hillside Apartments | Studio | Studio,1BA | $870 |
Chester Estates | 1BR/1.0BA | 1BR,1BA | $895 |
Meadow Park Apartments | One Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Rochester, MN
As of May 12, 2025 the best value apartment in the Rochester 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 Rochester apartment is the 3 Bedroom Model at Georgetowne Homes starting at $1,600 with a $1.18 price per square foot in the North Rochester 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. |
---|---|---|---|
Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.18 |
The Quarters | 4 Bedroom | 4BR,2BA | $1.33 |
Crown Apartments | 2Bed, plus Den | 3BR,2BA | $1.29 |
River Glen | 2 Bedroom | 2BR,2BA | $1.31 |
Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.27 |
Olympik Village Apartments | Ares | 2BR,1BA | $1.14 |
2210 18 1/2 Ave NW, Unit 1 | 2210 18 1/2 Ave NW | 2BR,1BA | $1.06 |
Winchester Apartments & Townhomes | OHara | 1BR,1BA | $1.36 |
DM Communities - Rochester | 219 Studios | Studio ,1BA | $1.24 |
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.
Frequently Asked Questions about Rochester
What type of rentals are currently available in Rochester?
There are currently 255 Apartments for Rent in Rochester, MN with pricing that ranges from $745 to $7,713. There are also 96 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rochester ranging from $790 to $3,875.
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 $790 to $3,875 with an average monthly rent of $2,018.
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 $1,200 to $5,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,649 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,900.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.