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Rental Market Trends in Rochester, MN

What is the average rent in Rochester, MN?

$1,406/month

Average Rent

707 Sq Ft

Average Apartment Size

+2.8%

Increase in the Last Year

As of October 2025, the average rent in Rochester, MN is $1,406 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Rochester rent prices are 14% lower than the national average. When you rent an apartment in Rochester, you can expect to pay about $1,231 per month for a studio, $1,406 for a one-bedroom apartment, and around $1,648 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,947 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,231/month
454 Sq Ft
One Bedroom
$1,406/month
707 Sq Ft
Two Bedroom
$1,648/month
1,047 Sq Ft
Three Bedroom
$1,947/month
1,388 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,058/month
405 Sq Ft
Two Bedroom
$1,814/month
1,166 Sq Ft
Three Bedroom
$1,790/month
1,499 Sq Ft
Four Bedroom
$2,368/month
2,069 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,263/month
924 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,427/month
739 Sq Ft

How much has average rent changed in Rochester, MN?

In the past year, rent has increased by 2.8%, which averages out to $40 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 October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Rochester, MN
Last Updated October 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Rochester, MN
Percentage*
Rent Range
1% Below $700/month
16% $700 - $1,000/month
43% $1,001 - $1,500/month
34% $1,501 - $2,000/month
7% 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 Uptown Rochester are the most affordable neighborhoods in Rochester.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Medial-Clinical District
$1,275/month
694 Sq Ft
West Zumbro
$1,405/month
704 Sq Ft
Uptown Rochester
$1,494/month
729 Sq Ft
Hundred Acre Woods
$1,515/month
657 Sq Ft
Grande Ville at Cascade Lake
$1,531/month
822 Sq Ft
North Rochester
$1,534/month
742 Sq Ft
Prairie Crossing
$1,544/month
654 Sq Ft
Kutzky Park
$1,555/month
714 Sq Ft
Bandel North
$1,558/month
654 Sq Ft
Historic Southwest
$1,643/month
756 Sq Ft

What are the most expensive neighborhoods in Rochester?

Based on current rent prices, Northwest Rochester, Orchard Ridge and Educational-Research District are the most expensive neighborhoods in Rochester.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northwest Rochester
$1,859/month
840 Sq Ft
Orchard Ridge
$1,859/month
840 Sq Ft
Educational-Research District
$1,808/month
725 Sq Ft
Main Street District
$1,803/month
710 Sq Ft
Arts-Cultural District
$1,734/month
748 Sq Ft
East Rochester
$1,719/month
712 Sq Ft
Mayo Clinic
$1,706/month
718 Sq Ft
Downtown Rochester
$1,702/month
714 Sq Ft
East Side Pioneers
$1,686/month
728 Sq Ft
Historic Southwest
$1,643/month
756 Sq Ft

Which Rochester neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mayo Clinic
$1,706/month
718 Sq Ft
Downtown Rochester
$1,702/month
714 Sq Ft
East Rochester
$1,719/month
712 Sq Ft
Main Street District
$1,803/month
710 Sq Ft
Educational-Research District
$1,808/month
725 Sq Ft
North Rochester
$1,534/month
742 Sq Ft
Historic Southwest
$1,643/month
756 Sq Ft
Uptown Rochester
$1,494/month
729 Sq Ft
East Side Pioneers
$1,686/month
728 Sq Ft
Medial-Clinical District
$1,275/month
694 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 $1,406, you’ll want to make about $4,686 per month or $56,232 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 2.4% higher than the national average. Generally, housing in Rochester is 2.1% more expensive than the national average, with rent falling between $1,231 - $1,947. You can expect to pay 2.4% more for groceries, 2.5% more for utilities, and 2.3% more for transportation.

City

Rochester, MN

1,335 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

Northwest Rochester

Rochester, MN

Studio
-
$1,340/month
One Bedroom
-
$1,738/month
Two Bedroom
-
$2,487/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 Lodge at Overland

The Lodge at Overland

6635 Lodge View Rd NW,
Rochester, MN 55901

$1,535 - $4,117 Total Monthly Price

1-3 Beds

The Boulders

The Boulders

350 Boulder Rd SE,
Rochester, MN 55904

$1,659 - $2,594 Total Monthly Price

1-3 Beds

Falcon Heights Townhomes

Falcon Heights Townhomes

4400 Red Hawk Dr SE,
Rochester, MN 55904

$1,745 - $2,200 Plus Fees

1-3 Beds

Forte Living of Rochester: 55+ Community!

Forte Living of Rochester: 55+ Community!

3955 Superior Dr,
Rochester, MN 55901

$1,001 - $2,266 Plus Fees

Studio - 2 Beds

Property Management Companies in Rochester, MN

Black Swan Real Estate
Black Swan Real Estate
  • 16

    Communities

  • 1,163

    Units

  • 5

    Cities

13 Communities in Rochester
INH Property Management
INH Property Management
  • 86

    Communities

  • 6,396

    Units

  • 51

    Cities

8 Communities in Rochester
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 311

    Communities

  • 75,994

    Units

  • 143

    Cities

6 Communities in Rochester
Centerspace
Centerspace
  • 55

    Communities

  • 11,487

    Units

  • 27

    Cities

5 Communities in Rochester
Greystar
Greystar
  • 3,427

    Communities

  • 946,595

    Units

  • 870

    Cities

3 Communities in Rochester
PRE/3
PRE/3
  • 176

    Communities

  • 13,961

    Units

  • 111

    Cities

3 Communities in Rochester
Timberland Partners
Timberland Partners
  • 49

    Communities

  • 12,291

    Units

  • 43

    Cities

3 Communities in Rochester
Pedcor Companies
Pedcor Companies
  • 62

    Communities

  • 13,934

    Units

  • 49

    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 September 2025.

* Percentages may not total 100 due to rounding.

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