Average Rent in Rochester, MN
What is the average rent in Rochester, MN?
The average listed apartment rent in Rochester, MN is $770,838 per month, as of November 6, 2026. This sample includes 130 priced apartments in 11 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
11 apartment buildings, 130 units. Recorded asking prices and price history where available.
Browse apartments in Rochester, MNCheapest
$950/mo
Gates of Rochester Apartments
Properties
11
tracked daily
Units
130
available now
Rochester, MN Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 11 properties in Rochester, MN.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Rochester, MN Rent Prices
All 11 properties ranked by lowest available rent.
Gates of Rochester Apartments
2015 41st St NW, Rochester, MN 55901, USA
Homestead Village Townhomes
862 Homestead Village Ln SE, Rochester, MN 55904, USA
Summit Square
936 41st St NW, Rochester, MN 55901, USA
The Berkman Apartments
217 14th Ave SW, Rochester, MN 55902, USA
The Vista at South Broadway
560 28th St SE, Rochester, MN 55904, USA
Eastwood Ridge
3043 Towne Club Pkwy SE, Rochester, MN 55904, USA
TwentyFirst Ave
875 21st Ave SE, Rochester, MN 55904, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Gates of Rochester Apartments 2015 41st St NW, Rochester, MN 55901, USA | $950 | $1,164 | $1.24/ft² | 3.7 (404) | 11 |
| 2 | Homestead Village Townhomes 862 Homestead Village Ln SE, Rochester, MN 55904, USA | $1,000 as of Oct 26 | $1,472 | $1.21/ft² | 3.5 (75) | 60 |
| 3 | Summit Square 936 41st St NW, Rochester, MN 55901, USA | $1,025 | $1,127 | $1.39/ft² | 4.3 (64) | 15 |
| 4 | The Berkman Apartments 217 14th Ave SW, Rochester, MN 55902, USA | $1,203 | $1,888 | $2.32/ft² | 4 (139) | 17 |
| 5 | The Vista at South Broadway 560 28th St SE, Rochester, MN 55904, USA | $1,206 | $1,766 | $1.59/ft² | 4.3 (164) | 18 |
| 6 | Eastwood Ridge 3043 Towne Club Pkwy SE, Rochester, MN 55904, USA | $1,227 | $1,660 | $1.75/ft² | 4.6 (106) | 20 |
| 7 | TwentyFirst Ave 875 21st Ave SE, Rochester, MN 55904, USA | $1,340 | $1,440 | $1.52/ft² | 2.6 (16) | 2 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Gates of Rochester Apartments
3.7 (404)2015 41st St NW, Rochester, MN 55901, USA
Homestead Village Townhomes
3.5 (75)862 Homestead Village Ln SE, Rochester, MN 55904, USA
Summit Square
4.3 (64)936 41st St NW, Rochester, MN 55901, USA
The Berkman Apartments
4 (139)217 14th Ave SW, Rochester, MN 55902, USA
The Vista at South Broadway
4.3 (164)560 28th St SE, Rochester, MN 55904, USA
Eastwood Ridge
4.6 (106)3043 Towne Club Pkwy SE, Rochester, MN 55904, USA
By Area
Rochester, MN neighborhoods
Tracked buildings across 3 named neighborhoods. Pick one to see its apartments.
Rochester, MN Average Rent Prices 2026
The average listed rent in Rochester, MN is $770,838 per month, based on 130 units across 11 apartment communities. Prices range from $950 at Gates of Rochester Apartments to $100,000,000 at Black Swan Living.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,331/mo | $1,203/mo | 13 |
| 1 Bed | $1,407/mo | $950/mo | 43 |
| 2 Bed | $1,699/mo | $1,070/mo | 52 |
| 3 Bed | $2,039/mo | $1,255/mo | 21 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Rochester, MN, and what they pay
Tracked one-bedroom rent in Rochester, MN averages $1,407/mo , with two-bedroom units averaging $1,699/mo. At the local median household income of $87,767, that works out to 10539% of gross income, a severely rent-burdened market by HUD standards.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Rochester, MN at $1,316/mo. The current tracked market average runs 58474% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Rochester, MN while the tracked market average covers units currently listed in larger apartment communities.
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
$30,834,000/year
Based on the 30 percent rule, using our tracked average rent of $770,838/mo.
Comfortable income
$37,000,000/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.
Median household income in Rochester, MN is $87,767 , about 100% below the comfortable-living threshold.
Cost of living in Rochester, MN
Overall prices in Rochester, MN runs below the national average by about 7% (BEA Regional Price Parity index 93.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Rochester, MN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $770,838 |
| Utilities | $400 |
| Groceries | $524 |
| Transportation | $953 |
| Healthcare | $465 |
| Other goods and services | $744 |
| Estimated total | $773,923/mo |
Population
121,638
Median household income
$87,767
Census median rent
$1,316/mo
Census rent burden
29.6%
Median age
36.4
Mean commute
17 min
Methodology
Rent data
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
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
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
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 were last published in 2023.
Compare
Nearby cities in Minnesota
How Rochester, MN rent compares to other markets in the state.
| City | Avg Rent | vs Rochester, MN | 30-Day Change | Properties |
|---|---|---|---|---|
| Minneapolis, MN | $2,111 | -100% | +3.7% | 75 |
| Burnsville, MN | $1,692 | -100% | +1.5% | 16 |
| Eden Prairie, MN | $2,117 | -100% | +4.5% | 16 |
| Woodbury, MN | $1,934 | -100% | -1.2% | 16 |
| ST Paul, MN | $1,854 | -100% | +6.2% | 15 |
| Eagan, MN | $1,964 | -100% | +5.4% | 14 |
Frequently asked questions
What is the average rent in Rochester, MN?
The average listed apartment rent in Rochester, MN is $770,838 per month, as of November 6, 2026. This sample includes 130 priced apartments in 11 buildings. These are tracked asking prices, not signed leases.
What is the median rent in Rochester, MN?
The median asking rent in Rochester, MN is $1,581 per month, computed from 130 priced listings; check the observation dates shown on this page. The average is $770,838/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Rochester, MN?
The lowest available rent in Rochester, MN starts at $950 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Rochester, MN?
1-bedroom apartments in Rochester, MN average $1,407/mo. The lowest listed 1-bedroom starts at $950/mo across 43 units tracked.
How much is a 2-bedroom apartment in Rochester, MN?
2-bedroom apartments in Rochester, MN average $1,699/mo. Units start from $1,070/mo across 52 units currently listed.
Rent Trends in Rochester, MN
Track how apartment prices are changing over time.
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