9 Hours Ago
Highlights
Pet Friendly
- On-site parking
- Spacious 2-bedroom apartment
- Close to downtown
Location
423 4th Ave Se, Rochester, MN 55904, USA|Slatterly Park
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Property Overview
423 4th Ave SE is a competitively priced, high-quality, and trustworthy 2-bedroom option, earning an overall expert rating of 8.6/10 with particularly strong scores for amenities, location, and quality. Residents benefit from on-site parking, walkable access to downtown, a nearby top-rated elementary school, and strong value for money. The property is also well-suited to environmentally conscious and socially active renters, with abundant parks, restaurants, mixed-use spaces, transit access, and on-site recycling or composting options.
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
Elementary school nearby- Less expensive
- Dishwasher
Great for
Eco living
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $900 /mo | 1 unit available | 423 4th Ave SE Unit 2 | Rochester, MN 55904 Highlights: *Spacious 2-bedroom apartment close to downtown Rochester *Well-sized bedrooms with comfortable living space *Coin-operated laundry in the building *On-site parking available *Optional WiFi available for an additional charge Location Perks: *Minutes from downtown, dining, and local attractions *Easy access to major roads and transit Utilities & Fees: *Tenant pays electric, gas, and water/sewer *Mandatory $10/month technology fee *Mandatory $10.50/month landlord liability insurance fee *Renter’s insurance required Pet Policy: *Pets welcome *$300 nonrefundable pet deposit *$60/month pet fee 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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Amenities for 423 4th Ave SE
Apartment Amenities
| Freezer | Trash |
Appliances
| Dishwasher | Fridge |
| Oven | Oven/Stove |
| Range | Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Outdoor Space |
Services
| Lawn/Snow Removal |
Neighborhood
| Location |
Other
| On and Off Street Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
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About 423 4th Ave SE
423 4th Ave SE Unit 2 | Rochester, MN 55904 Highlights: *Spacious 2-bedroom apartment close to downtown Rochester *Well-sized bedrooms with comfortable living space *Coin-operated laundry in the building *On-site parking available *Optional WiFi available for an additional charge Location Perks: *Minutes from downtown, dining, and local attractions *Easy access to major roads and transit Utilities & Fees: *Tenant pays electric, gas, and water/sewer *Mandatory $10/month technology fee *Mandatory $10.50/month landlord liability insurance fee *Renter’s insurance required Pet Policy: *Pets welcome *$300 nonrefundable pet deposit *$60/month pet fee 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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 423 4th Ave SE is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 423 4th Ave SE has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, 423 4th Ave SE is a great option for renters looking for apartments in Slatterly Park. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A 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.
423 4th Ave SE goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 423 4th Ave SE receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
423 4th Ave SE 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·9A 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.
423 4th Ave SE has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
423 4th Ave SE 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 423 4th Ave SE compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Slatterly Park
2-bedroom apartments at 423 4th Ave SE cost about 39% less than the average rent price for 2-bedroom apartments in Slatterly Park.
Median rents as of May 2 2026.
Slatterly Park
Rochester
| Month | Median Rent |
|---|---|
| May 2024 | $1,362 |
| June 2024 | $1,327 |
| July 2024 | $1,341 |
| August 2024 | $1,368 |
| September 2024 | $1,339 |
| October 2024 | $1,332 |
| November 2024 | $1,326 |
| December 2024 | $1,299 |
| January 2025 | $1,321 |
| February 2025 | $1,365 |
| March 2025 | $1,311 |
| April 2025 | $1,363 |
| May 2025 | $1,351 |
| June 2025 | $1,394 |
| July 2025 | $1,377 |
| August 2025 | $1,364 |
| September 2025 | $1,372 |
| October 2025 | $1,325 |
| November 2025 | $1,311 |
| December 2025 | $1,390 |
| January 2026 | $1,396 |
| February 2026 | $1,419 |
| March 2026 | $1,403 |
| April 2026 | $1,410 |
| May 2026 | $1,395 |
| Month | Median Rent |
|---|---|
| May 2024 | $775 |
| October 2024 | $775 |
Affordability calculator
Can I afford to live at 423 4th Ave Se?
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
$36,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 2-bedrooms monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.
Schools near 423 4th Ave SE
Riverside Central Elementary School
506 5th ave se
rochester, MN, 55904
PK, K-5Public
C+
Early Childhood Intervention
615 7th street sw
rochester, MN, 55902
PKPublic
RPS Online Elementary School
615 7th st sw
rochester, MN, 55902
K-5Public
B
Lincoln K-8 School
1122 8th ave se
rochester, MN, 55904
K-8Public
A-
Rochester Phoenix Academy
334 16th street se
rochester, MN, 55904
K-12Public
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Internet available near 423 4th Ave SE
Neighborhood
Slatterly Park | Rochester, MN
Getting around Rochester near 423 4th Ave Se
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Points of interest for 423 4th Ave Se, Rochester
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Nightlife
3/10
Few or no bars within walking distance
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