Last updated
Average Rent in Rochester, MN & Rent Trends
Rent prices and market trends across 12 apartment communities in Rochester, MN. Updated daily.
Market Average
$1,758/mo
▲ +0.2% from last month
Lowest Available
$950/mo
cheapest unit on market
Communities
12
tracked daily
Units Listed
122
available now
Price Cuts This Week in Rochester, MN
77 listed units across 10 buildings in Rochester, MN dropped their asking rent in the past 7 days, an average cut of $59/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Black Swan Living | Unit 1 | $1,495 | $1,295 | $200 |
| The Vista at South Broadway | Unit 6, Cyrus | $1,709 | $1,533 | $176 |
| The Berkman Apartments | Unit 1025 | $1,852 | $1,751 | $101 |
| The Berkman Apartments | Unit 1209 | $2,280 | $2,179 | $101 |
| The Berkman Apartments | Unit 351 | $2,166 | $2,065 | $101 |
| The Berkman Apartments | Unit 1203 | $1,868 | $1,768 | $100 |
| The Berkman Apartments | Unit 1223 | $1,882 | $1,782 | $100 |
| The Berkman Apartments | Unit 1321 | $1,911 | $1,811 | $100 |
Rent by Neighborhood in Rochester, MN
Compare average rent across Rochester, MN neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Rochester 55902 | $2,023 | ▼ $111 | $1,497 | 2 | 40 |
| Rochester 55904 | $1,799 | ▲ $66 | $1,125 | 5 | 40 |
| Rochester 55901 | $1,466 | ▼ $46 | $950 | 5 | 42 |
Is Rent Going Up or Down in Rochester, MN?
As of August 2026, the average rent in Rochester, MN is $1,758 per month across 12 apartment communities and 122 available units. Rents have increased $4 (0.2%) over the past month.
The most affordable option is Gates of Rochester Apartments starting at $950/mo. By unit type, a studio averages $1,545/mo, a 1-bedroom averages $1,639/mo, a 2-bedroom averages $1,773/mo, a 3-bedroom averages $2,126/mo.
Prices range from $950 to $4,089 per month. The most common price point is the $1,600 range, where 32 units are currently listed.
Rochester, MN Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $1,700 | - | 12 |
| July 2026 | $1,715 | +$15 | 12 |
| August 2026 | $1,689 | -$26 | 12 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Rochester, MN
Rent Prices by Apartment in Rochester, MN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Gates of Rochester Apartments | $950/mo | $1,181/mo | 12 | 3.7 |
| Quarry Ridge Apartments | $1,015/mo | $1,557/mo | 19 | 4.5 |
| Summit Square | $1,071/mo | $1,154/mo | 4 | 4.3 |
| Homestead Village Townhomes | $1,125/mo | $1,225/mo | 2 | 3.5 |
| Black Swan Living | $1,295/mo | $1,295/mo | 1 | 4.6 |
| TwentyFirst Ave | $1,340/mo | $1,340/mo | 1 | 2.6 |
| The Vista at South Broadway | $1,394/mo | $1,737/mo | 15 | 4.3 |
Frequently Asked Questions About Rent in Rochester, MN
What is the average rent in Rochester, MN?
Is rent going up or down in Rochester, MN?
What is the cheapest apartment in Rochester, MN?
How much is a 1-bedroom apartment in Rochester, MN?
How many apartments are available in Rochester, MN?
What salary do I need to live comfortably in Rochester, MN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$70,000/year
Based on the 30 percent rule, using our tracked average rent of $1,758/mo.
Comfortable income
$84,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($950/mo), you need to earn at least $38,000/year.
Cost of living in Rochester, MN
We only have live rent data for Rochester, MN so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,758 |
| Estimated total | $1,758/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Rochester, MN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Rochester, MN Apartments
Browse all 12 communities with daily-updated pricing and availability.