This single-floor space serves as the welcoming lobby and mailroom area for Metropolitan Marketplace. The entrance is defined by neutral-toned tile flooring that lends a clean, polished look to the space. A prominent feature of the lobby is the expansive bank of dark-finished individual mailboxes mounted along the main wall, providing secure mail access for all residents or tenants. A branded Metropolitan Marketplace area rug anchors the center of the room, accompanied by a cushioned bench that offers a convenient spot for sorting mail or brief rest. The walls are finished in a crisp, light tone that enhances the sense of openness and brightness throughout. Decorative elements, including a tall floor vase and a framed mirror, add subtle style to the functional space. A mirrored or glass-paneled entryway is visible to one side, contributing to the airy, open feel of the area. Overall, the lobby strikes a balance between practicality and refined aesthetics, creating a welcoming first impression that reflects the professional character of the Metropolitan Marketplace property.
Metropolitan Market Place
515 1st Ave SW,
Rochester,
MN
55902
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Total Monthly Price
$1,495 - $3,200
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Bedrooms
Studio - 3 bd
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Bathrooms
1 - 2 ba
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Square Feet
431 - 1,182 sq ft
Now is your chance to be a part of the next wave of modern Rochester living. Metropolitan Market Place offers an upscale urban residence, perfect for Mayo Clinic Health Professionals, Minnesota Rochester students or faculty members, or anyone who wants to take advantage of Rochester’s contemporary housing.
Highlights
- Furnished Units Available
- Controlled Access
- Elevator
- Grill
- Property Manager on Site
Pricing & Floor Plans
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
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Utilities & Essentials
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Utility - ElectricCharged per unit. Payable to 3rd PartyUsage-Based
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One-Time Basics
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Administrative FeeCharged per unit.$250
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$50
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Garage Lot
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Parking FeeCharged per vehicle.$150 / mo
CommentsUnderground ParkingRead More Read Less -
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Storage Locker
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Storage FeeCharged per rentable item.$30 / mo
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Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Utilities Included
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Gas
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Water
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Heat
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Trash Removal
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Sewer
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Cable
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Air Conditioning
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Internet
Lease Options
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3 - 12 Month Leases
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Short term lease
Property Information
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Built in 2013
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62 units/4 stories
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Furnished Units Available
Matterport 3D Tours
About Metropolitan Market Place
Now is your chance to be a part of the next wave of modern Rochester living. Metropolitan Market Place offers an upscale urban residence, perfect for Mayo Clinic Health Professionals, Minnesota Rochester students or faculty members, or anyone who wants to take advantage of Rochester’s contemporary housing.
Metropolitan Market Place is an apartment community located in Olmsted County and the 55902 ZIP Code. This area is served by the Rochester Public School District attendance zone.
Unique Features
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Community Amenities
Furnished Units Available
Elevator
Controlled Access
Recycling
- Community-Wide WiFi
- Wi-Fi
- Controlled Access
- Maintenance on site
- Property Manager on Site
- Furnished Units Available
- Recycling
- Elevator
- Multi Use Room
- Storage Space
- Disposal Chutes
- Bicycle Storage
- Grill
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
High Speed Internet Access
Microwave
Refrigerator
Wi-Fi
Tub/Shower
Indoor Features
- High Speed Internet Access
- Wi-Fi
- Washer/Dryer
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Security System
- Storage Space
- Tub/Shower
- Sprinkler System
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
Model Details
- Furnished
Downtown Rochester is perched along the Zumbro River, a picture-perfect river lined with parks. Minnesota is home to one of the country's best park systems, and Rochester is no exception. The city contains more than 100 parks, many located in or near downtown. And with roughly 85 miles of paved trails, it's the ideal place for jogging and bike-riding. Downtown, you'll find Silver Lake Park, which includes boat ramps and a playground, Cooke Park, Kutzky Park, Plummer House Park, St Marys Park, and Soldiers Field Golf Course -- one of the city's many public golf courses.
While Downtown Rochester is best known for its prestigious Mayo Clinic, there's much more to the neighborhood. Residents enjoy shopping at the Rochester Downtown Farmers Market, enjoying an event at the Mayo Civic Center, spending time at the Rochester Art Center, and attending a wide variety of festivals and events.
Learn more about living in Downtown RochesterCompare neighborhood and city base rent averages by bedroom.
| Downtown Rochester | Rochester, MN | |
|---|---|---|
| Studio | $1,375 | $1,300 |
| 1 Bedroom | $1,622 | $1,450 |
| 2 Bedrooms | $2,369 | $1,724 |
| 3 Bedrooms | $3,411 | $2,013 |
- Community-Wide WiFi
- Wi-Fi
- Controlled Access
- Maintenance on site
- Property Manager on Site
- Furnished Units Available
- Recycling
- Elevator
- Multi Use Room
- Storage Space
- Disposal Chutes
- Grill
- Bicycle Storage
- .
- High Speed Internet Access
- Wi-Fi
- Washer/Dryer
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Security System
- Storage Space
- Tub/Shower
- Sprinkler System
- Dishwasher
- Disposal
- Stainless Steel Appliances
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Freezer
- Furnished
| Monday | By Appointment |
|---|---|
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | Closed |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 7 min | 0.4 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Traffic
ActiveAirport
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HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksMetropolitan Market Place Photos
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Metropolitan Market Place
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Lobby
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Studio
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Studio
Nearby Apartments
Within 50 Miles of Metropolitan Market Place
Metropolitan Market Place has units with in‑unit washers and dryers, making laundry day simple for residents.
Select utilities are included in rent at Metropolitan Market Place, including gas, water, heat, trash removal, sewer, cable, air conditioning, and internet. Residents are responsible for any other utilities not listed.
Parking is available at Metropolitan Market Place for $150 / mo. Contact this property for details.
Metropolitan Market Place has studios to three-bedrooms with rent ranges from $1,495/mo. to $3,200/mo.
Metropolitan Market Place does not allow pets, though service animals are always welcome in accordance with applicable laws.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,495 for a studio, you would need to earn about $59,800 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Metropolitan Market Place is not currently offering any rent specials. Check back soon, as promotions change frequently.
Yes! Metropolitan Market Place offers 7 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
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.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
515 1st Ave SW
Rochester, MN 55902