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Rental Market Trends in Rochester, MN

What is the average rent in Rochester, MN?

$1,425/month

Average Rent

708 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of July 2025, the average rent in Rochester, MN is $1,425 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Rochester rent prices are 13% lower than the national average. When you rent an apartment in Rochester, you can expect to pay about $1,249 per month for a studio, $1,425 for a one-bedroom apartment, and around $1,691 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,986 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,249/month
453 Sq Ft
One Bedroom
$1,425/month
708 Sq Ft
Two Bedroom
$1,691/month
1,049 Sq Ft
Three Bedroom
$1,986/month
1,392 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,095/month
1,005 Sq Ft
Two Bedroom
$1,748/month
911 Sq Ft
Three Bedroom
$2,044/month
1,573 Sq Ft
Four Bedroom
$2,637/month
2,129 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,758/month
1,007 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,813/month
1,286 Sq Ft

How much has average rent changed in Rochester, MN?

In the past year, rent has increased by 3.8%, which averages out to $55 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Rochester, MN
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Rochester, MN
Percentage*
Rent Range
1% Below $700/month
15% $700 - $1,000/month
40% $1,001 - $1,500/month
36% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Rochester?

Based on current rent prices, Medial-Clinical District, West Zumbro and Hundred Acre Woods are the most affordable neighborhoods in Rochester.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Medial-Clinical District
$1,278/month
695 Sq Ft
West Zumbro
$1,449/month
669 Sq Ft
Hundred Acre Woods
$1,478/month
658 Sq Ft
Educational-Research District
$1,528/month
742 Sq Ft
Main Street District
$1,562/month
685 Sq Ft
East Rochester
$1,643/month
741 Sq Ft
North Rochester
$1,648/month
771 Sq Ft
Northwest Rochester
$1,727/month
793 Sq Ft
Orchard Ridge
$1,732/month
794 Sq Ft
Downtown Rochester
$1,781/month
741 Sq Ft

What are the most expensive neighborhoods in Rochester?

Based on current rent prices, Kutzky Park, Historic Southwest and Bandel North are the most expensive neighborhoods in Rochester.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Kutzky Park
$2,129/month
703 Sq Ft
Historic Southwest
$2,023/month
738 Sq Ft
Bandel North
$1,966/month
756 Sq Ft
Prairie Crossing
$1,925/month
748 Sq Ft
Arts-Cultural District
$1,911/month
717 Sq Ft
East Side Pioneers
$1,845/month
808 Sq Ft
Uptown Rochester
$1,842/month
704 Sq Ft
Mayo Clinic
$1,783/month
707 Sq Ft
Downtown Rochester
$1,781/month
741 Sq Ft
Orchard Ridge
$1,732/month
794 Sq Ft

Which Rochester neighborhoods have the most rentals available?

The neighborhoods in Rochester with the most apartments available are North Rochester, Mayo Clinic and Downtown Rochester .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Rochester
$1,648/month
771 Sq Ft
Mayo Clinic
$1,783/month
707 Sq Ft
Downtown Rochester
$1,781/month
741 Sq Ft
East Rochester
$1,643/month
741 Sq Ft
Northwest Rochester
$1,727/month
793 Sq Ft
Orchard Ridge
$1,732/month
794 Sq Ft
Historic Southwest
$2,023/month
738 Sq Ft
Uptown Rochester
$1,842/month
704 Sq Ft
East Side Pioneers
$1,845/month
808 Sq Ft
Main Street District
$1,562/month
685 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Rochester, MN?

Because the average rent in Rochester is $1,425, you’ll want to make about $4,750 per month or $57,000 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Rochester, MN is 0.0% lower than the national average. Generally, housing in Rochester is 4.7% less expensive than the national average, with rent falling between $1,249 - $1,986. You can expect to pay 2.5% more for groceries, 2.7% more for utilities, and 0.9% less for transportation.

City

Rochester, MN

1,365 Available Apartments for Rent

Search for Nearby Apartments

How does Rochester, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Rochester, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Rochester, MN

Apartment Averages

Medial-Clinical District

Rochester, MN

Kutzky Park

Rochester, MN

Studio
-
$1,247/month
One Bedroom
-
$1,654/month
Two Bedroom
-
$1,741/month
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Byron Average Rent
  • Stewartville Average Rent
  • Pine Island Average Rent

Apartment communities in Rochester we think you'll love

The Pines of Rochester

The Pines of Rochester

4871 Pines View Pl NW,
Rochester, MN 55901

1-2 Beds | $2,030 - $2,499

SoRoc on Maine

SoRoc on Maine

4850 Maine Ave SE,
Rochester, MN 55904

Studio - 3 Beds | $1,415 - $4,046

Falcon Heights Townhomes

Falcon Heights Townhomes

4400 Red Hawk Dr SE,
Rochester, MN 55904

1-3 Beds | $1,745 - $2,200

Forte Living of Rochester: 55+ Community!

Forte Living of Rochester: 55+ Community!

3955 Superior Dr,
Rochester, MN 55901

Studio - 2 Beds | $1,001 - $1,590

Property Management Companies in Rochester, MN

Black Swan Real Estate
Black Swan Real Estate
  • 12

    Communities

  • 948

    Units

  • 4

    Cities

10 Communities in Rochester
INH Property Management
INH Property Management
  • 92

    Communities

  • 6,557

    Units

  • 52

    Cities

7 Communities in Rochester
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 306

    Communities

  • 74,563

    Units

  • 141

    Cities

6 Communities in Rochester
Centerspace
Centerspace
  • 57

    Communities

  • 11,361

    Units

  • 28

    Cities

5 Communities in Rochester
Greystar
Greystar
  • 3,274

    Communities

  • 911,040

    Units

  • 847

    Cities

3 Communities in Rochester
Timberland Partners
Timberland Partners
  • 46

    Communities

  • 11,787

    Units

  • 41

    Cities

3 Communities in Rochester
PRE/3
PRE/3
  • 174

    Communities

  • 13,916

    Units

  • 111

    Cities

2 Communities in Rochester
Northland
Northland
  • 81

    Communities

  • 25,063

    Units

  • 43

    Cities

2 Communities in Rochester

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United States Minnesota Rochester Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity