5+ Days Ago
Location
1340 4th Ave Sw, Rochester, MN 55902, USA
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Property Overview
1340 4th Ave SW is a highly rated rental option with a Zumper expert score of 7.2, highlighted by strong amenities (8/10), excellent location (9/10), and a trustworthy, detailed listing (8/10). Residents benefit from walkable access to a vibrant social scene with 92 restaurants and numerous mixed-use spaces nearby, along with convenient proximity to grocery options, public transportation, and several top-rated schools.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Middle school nearby
- Elementary school nearby
Great for
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $1,100 /mo | 1 unit available | This newly renovated 2 bedroom 1 bath garden level unit includes large windows that allow plenty of natural light inside and beautiful laminated flooring throughout. The appliances are updated, there’s shared laundry, and off street parking. This unit also offers decent amounts of storage, including a large walk in closet right when you enter the unit. Walgreens, Hyvee, and plenty of Restaurants are just a short block away, along with Saint Marys being only 2 miles away. Application fee is $55 per adult. We require a full background check, credit score of 601+, income of 2.5 times the monthly rent, and at least 2 good rental references. Contact us at 507-322-6677 if you have any questions! This listing is offered by Realty Growth Management, a Minnesota licensed real estate firm. We're thrilled to have you here and very much look forward to helping you find your new home! |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
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About 1340 4th Ave SW
Application fee is $55 per adult. We require a full background check, credit score of 601+, income of 2.5 times the monthly rent, and at least 2 good rental references. Contact us at 507-322-6677 if you have any questions! This listing is offered by Realty Growth Management, a Minnesota licensed real estate firm. We're thrilled to have you here and very much look forward to helping you find your new home!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.2
/10
Very Good1340 4th Ave SW is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·6A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
1340 4th Ave SW is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 1340 4th Ave SW is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1340 4th Ave SW is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 1340 4th Ave SW does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
1340 4th Ave SW is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1340 4th Ave SW compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Rochester
2-bedroom apartments at 1340 4th Ave SW cost about 30% less than the average rent price for 2-bedroom apartments in Rochester.
Median rents as of Apr 25 2026.
Rochester
| Month | Median Rent |
|---|---|
| May 2024 | $1,105 |
| June 2024 | $1,171 |
| July 2024 | $1,105 |
| August 2024 | $1,105 |
| September 2024 | $1,146 |
| October 2024 | $1,171 |
| November 2024 | $1,166 |
| December 2024 | $1,149 |
| January 2025 | $1,172 |
| February 2025 | $1,195 |
| March 2025 | $1,174 |
| April 2025 | $1,158 |
| May 2025 | $1,167 |
| June 2025 | $1,160 |
| July 2025 | $1,080 |
| August 2025 | $1,180 |
| September 2025 | $1,195 |
| October 2025 | $1,218 |
| November 2025 | $1,198 |
| December 2025 | $1,240 |
| January 2026 | $1,295 |
| February 2026 | $1,318 |
| March 2026 | $1,307 |
| April 2026 | $1,273 |
Affordability calculator
Can I afford to live at 1340 4th Ave Sw?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$44,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 2-bedrooms monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.
Schools near 1340 4th Ave SW
Early Childhood Intervention
615 7th street sw
rochester, MN, 55902
PKPublic
Rochester Phoenix Academy
334 16th street se
rochester, MN, 55904
K-12Public
Lincoln K-8 School
1122 8th ave se
rochester, MN, 55904
K-8Public
A-
RPS Online Elementary School
615 7th st sw
rochester, MN, 55902
K-5Public
B
Franklin Elementary School
1801 9th ave se
rochester, MN, 55904
PK, K-5Public
B-
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Internet available near 1340 4th Ave SW
Neighborhood
Getting around Rochester near 1340 4th Ave Sw
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1340 4th Ave Sw, Rochester
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
4/10
Some bars within walking distance
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