Last updated September 24, 2026

Average Rent in Rochester 55902 & Rent Trends

Rent prices and market trends across 2 apartment communities in Rochester 55902, Rochester, MN. Updated daily.

Area All Areas

Rochester 55901 55902 55904

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed

Market Average

$1,954/mo

Lowest Available

$1,419/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

Price Cuts This Week in Rochester 55902

14 listed units across 2 buildings in Rochester 55902 dropped their asking rent in the past 7 days, an average cut of $34/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
Cascade Shores Townhomes + Flats	Unit 5, B5R	$1,922	$1,857	$65
The Berkman Apartments	Unit 150, Misura	$1,554	$1,514	$40
The Berkman Apartments	Unit 1209	$2,151	$2,112	$39
The Berkman Apartments	Unit 1117, Adagio	$1,672	$1,642	$30
The Berkman Apartments	Unit 1314, Accelerando	$1,617	$1,587	$30
The Berkman Apartments	Unit 1327, Alto	$1,693	$1,663	$30
The Berkman Apartments	Unit 141, Miscella	$1,538	$1,508	$30
The Berkman Apartments	Unit 406, Allegro	$1,449	$1,419	$30

See today's prices on all 28 listed units

Rochester 55902 vs Rochester, MN Average

Rochester 55902 is more expensive than the Rochester, MN average by $259/mo (15%). The citywide average is $1,695/mo across all neighborhoods.

Is Rent Going Up or Down in Rochester 55902?

As of September 2026, the average rent in Rochester 55902 is $1,954 per month across 2 apartment communities and 28 available units.

The most affordable option is The Berkman Apartments starting at $1,419/mo. By unit type, a studio averages $1,552/mo, a 1-bedroom averages $1,806/mo, a 2-bedroom averages $2,050/mo, a 3-bedroom averages $2,740/mo.

Prices range from $1,419 to $4,325 per month. The most common price point is the $1,400 range, where 8 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Rochester 55902

Studio

$1,552

from $1,419 · 8 units

1 Bed

$1,806

from $1,482 · 6 units

2 Bed

$2,050

from $1,797 · 10 units

3 Bed

$2,740

from $2,182 · 4 units

Rent Prices by Apartment in Rochester 55902

Property	Starting at	Average	Units	Rating
The Berkman Apartments	$1,419/mo	$1,963/mo	17	4
Cascade Shores Townhomes + Flats	$1,482/mo	$1,941/mo	11	4.5

Frequently Asked Questions About Rent in Rochester 55902

What is the average rent in Rochester 55902?

The average rent in Rochester 55902 is $1,954 per month as of September 2026, based on 28 units across 2 apartment communities.

Is rent going up or down in Rochester 55902?

The current average rent in Rochester 55902 is $1,954/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Rochester 55902?

The most affordable apartment in Rochester 55902 is The Berkman Apartments with units starting at $1,419/mo.

How much is a 1-bedroom apartment in Rochester 55902?

A 1-bedroom apartment in Rochester 55902 averages $1,806/mo, with prices starting at $1,482/mo across 6 available units.

How many apartments are available in Rochester 55902?

There are 28 units available across 2 apartment communities in Rochester 55902.

What salary do I need to live comfortably in Rochester 55902?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$78,000/year

Based on the 30 percent rule, using our tracked average rent of $1,954/mo.

Comfortable income

$94,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,419/mo), you need to earn at least $57,000/year.

Median household income in Rochester 55902 is $87,767 , about 6% below the comfortable-living threshold.

Cost of living in Rochester 55902

Overall prices in Rochester 55902 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 55902's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,954	daily refresh
Utilities	$400	BLS × BEA RPP
Groceries	$524	BLS × BEA RPP
Transportation	$953	BLS × BEA RPP
Healthcare	$465	BLS × BEA RPP
Other goods and services	$744	BLS × BEA RPP
Estimated total	$5,039/mo	$60,463/year

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

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

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

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

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.

Minnesota Rent Trends

Compare rent across all Minnesota cities

Explore Rochester, MN on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Rochester, MN rents stack up against the national median