Apartments for Rent in Rochester, MN

The best apartments in Rochester, MN are: Maven on Broadway, Falcon Heights Townhomes, TLE Townhomes, Crystal Bay Townhomes and 2845 Fox Valley Dr Sw.

The average rent in Rochester, MN is $1,549.

The price range for a studio apartment in Rochester, MN is between $775 and $3,492.

The price range for a 1-bedroom apartment in Rochester, MN is between $775 and $5,477.

The price range for a 2-bedroom apartment in Rochester, MN is between $950 and $12,906.

The price range for a 3-bedroom apartment in Rochester, MN is between $1,005 and $12,906.

In Rochester 35% of the housing is rented out compared to 65% of homes are owned, according to the most recent Census Bureau estimates. 29% of Rochester's apartments are found in large buildings of 50 units or more, 56% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Rochester are about 23 years old, on average. Of these, 65% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 86% of the rental communities here are low-rise, garden-style communities, 13% are mid-rises, and 7% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Rochester come in a range of sizes and floorplans. Studio apartments represent 5% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 41% of the total apartments in the city, while 2-bedroom floorplans represent around 41% of all rentals in Rochester. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.