Cheap Apartments for Rent in the Mayo Clinic Neighborhood of Rochester, MN from $700 (65 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mayo Clinic 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 Graham
Studio Apartments

The Graham

108 16th St SERochester, MN 55904
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Chester Estates
1 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
  • Utilities Included
Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at DM Communities - Rochester priced from $845. Heritage Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $855. Here are the most affordable Mayo Clinic apartments for rent in Rochester, MN:

Apartment ListingModel NameBed/BathPriced From
DM Communities - Rochester2nd Street Villas Apartment1BR,1BA$845
Heritage Manor ApartmentsDaisyStudio,1BA$855
Chester Estates1BR/1.0BA1BR,1BA$895
Meadow Park ApartmentsOne Bedroom1BR,1BA$900
The Midtown ApartmentsOne Bed One Bath1BR,1BA$990
The Colby1bd/1ba1BR,1BA$995

Best Value Apartments for Rent in Mayo Clinic, MN

As of April 09, 2025 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 Model at Cascade Shores Townhomes + Flats starting at $2,027 with a $1.47 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
Cascade Shores Townhomes + FlatsC1R3BR,2BA$1.47
15 12th Ave NW, Unit 315 12th Ave NW1BR,1BA$1.11
1245 3rd Ave SW, Unit 21245 3rd Ave SW2BR,1BA$1.16
DM Communities - Rochester2nd Street Villas Apartment1BR,1BA$1.13
The Midtown ApartmentsTwo Bed One Bath2BR,1BA$1.43
1341 6th Ave SE, Unit #41341 6th Ave SE2BR,1BA$1.64
812 1st St NW, Unit 3812 1st St NWStudio ,1BA$1.33
Meadow Park ApartmentsOne Bedroom1BR,1BA$1.56
504 7th St SW, Unit 4504 7th St SWStudio ,1BA$1.23

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
Mayo Clinic, Rochester, MN

Ranked #6

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 Mayo Clinic Neighborhood in Rochester, MN

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 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 Mayo Clinic Apartments

What is a cheap apartment in Mayo Clinic?

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

What is the price of a cheap apartment in Mayo Clinic?

The cheapest apartment in Mayo Clinic is DM Communities - Rochester which is listed at $845, while the average apartment in Mayo Clinic costs $2,010.

What types of apartments are the cheapest in Mayo Clinic?

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 24 regular apartments in Mayo Clinic 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 Mayo Clinic?

Cheap apartments in Mayo Clinic have an average cost of $616 which is $1,394 cheaper than the average rent for all rentals in Mayo Clinic.

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.