Last updated
Average Rent in Rochester 55904 & Rent Trends
Rent prices and market trends across 5 apartment communities in Rochester 55904, Rochester, MN. Updated daily.
Market Average
$1,685/mo
▼ 4.8% from last month
Lowest Available
$1,125/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
33
available now
Price Cuts This Week in Rochester 55904
8 listed units across 3 buildings in Rochester 55904 dropped their asking rent in the past 7 days, an average cut of $53/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Maven on Broadway Apartments | Unit 3, B1 | $1,700 | $1,575 | $125 |
| Eastwood Ridge | Unit 11, Sparrow | $1,569 | $1,496 | $73 |
| Eastwood Ridge | Unit 6, Mocking Jay | $1,954 | $1,890 | $64 |
| Eastwood Ridge | Unit 5, Mocking Jay | $1,949 | $1,894 | $55 |
| The Vista at South Broadway | Unit 7, Violet | $1,938 | $1,906 | $32 |
| The Vista at South Broadway | Unit 8, Violet | $2,036 | $2,004 | $32 |
| Eastwood Ridge | Unit 12, Sparrow | $1,579 | $1,551 | $28 |
| Eastwood Ridge | Unit 4, Goldfinch | $2,077 | $2,063 | $14 |
Rochester 55904 vs Rochester, MN Average
Rochester 55904 is cheaper than the Rochester, MN average by $10/mo (1%). The citywide average is $1,695/mo across all neighborhoods.
Is Rent Going Up or Down in Rochester 55904?
As of September 2026, the average rent in Rochester 55904 is $1,685 per month across 5 apartment communities and 33 available units. Rents have decreased $86 (4.8%) over the past month.
The most affordable option is Homestead Village Townhomes starting at $1,125/mo. By unit type, a studio averages $1,548/mo, a 1-bedroom averages $1,580/mo, a 2-bedroom averages $1,632/mo, a 3-bedroom averages $1,925/mo.
Prices range from $1,125 to $2,171 per month. The most common price point is the $1,400 range, where 12 units are currently listed.
Rochester 55904 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $1,602 | - | 5 |
| July 2026 | $1,619 | +$17 | 5 |
| August 2026 | $1,623 | +$4 | 5 |
| September 2026 | $1,568 | -$55 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Rochester 55904
Rent Prices by Apartment in Rochester 55904
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Homestead Village Townhomes | $1,125/mo | $1,225/mo | 2 | 3.5 |
| TwentyFirst Ave | $1,340/mo | $1,340/mo | 1 | 2.6 |
| Eastwood Ridge | $1,444/mo | $1,726/mo | 16 | 4.6 |
| The Vista at South Broadway | $1,450/mo | $1,783/mo | 9 | 4.3 |
| The Maven on Broadway Apartments | $1,510/mo | $1,629/mo | 5 | 4.6 |
Frequently Asked Questions About Rent in Rochester 55904
What is the average rent in Rochester 55904?
Is rent going up or down in Rochester 55904?
What is the cheapest apartment in Rochester 55904?
How much is a 1-bedroom apartment in Rochester 55904?
How many apartments are available in Rochester 55904?
What salary do I need to live comfortably in Rochester 55904?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$67,000/year
Based on the 30 percent rule, using our tracked average rent of $1,685/mo.
Comfortable income
$81,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,125/mo), you need to earn at least $45,000/year.
Median household income in Rochester 55904 is $87,767 , about 9% above the comfortable-living threshold.
Cost of living in Rochester 55904
Overall prices in Rochester 55904 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 55904's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,685 |
| Utilities | $400 |
| Groceries | $524 |
| Transportation | $953 |
| Healthcare | $465 |
| Other goods and services | $744 |
| Estimated total | $4,770/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
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.
Google Search Trends for Rochester 55904 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Rochester 55904 Apartments
Browse all 5 communities with daily-updated pricing and availability.