Zumper
modified
5+ Days Ago

Highlights

  • Heat
  • Spacious living room, bedrooms
  • Shared laundry inside building
  • Small eat-in kitchen area

Location

417-423 27th Street Northeast, Rochester, Minnesota 55906, United States
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Contact

Management

Realty Growth Management

Leasing office

(507) 322-6677

Property Overview

Colonial Apartments received a strong Zumper Expert Rating of 8.8, highlighting its value with a perfect price rating of 10 and outstanding amenities rated at 10 as well. The property benefits from a favorable location, rated at 9, providing easy access to transport and local attractions, while maintaining a trustworthiness rating of 8, reflecting transparency in its offerings. Notable features include spacious living areas and pet-friendly access, contributing to an appealing living experience.

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.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Colonial Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Colonial Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Laundry available on site
  • Outdoor space

Great for

  • Pet owners

Floor plans

2BR/2.0BA2 bed2 bath958 sqft$975 /mo1 unit availableNOW OFFERING 6-12 MONTH LEASES! This upper level 2 bed, 2 bath unit features a spacious living room and bedrooms, a small eat-in kitchen area, as well as a kitchen with a pantry, good sized closets throughout and shared laundry inside the building. Off the hallway, there's a full bathroom, while the master bedroom includes an ensuite 3/4 bath, perfect for getting ready in the morning! These properties are located just off North Broadway--one of the major roads in Rochester, making it an easy drive into downtown. Tenant is responsible for electricity. Additionally, there is a $70 utility fee for water/sewage, heat, and trash. There is a mandatory $10 monthly technology fee and $10.50 for landlord liability insurance. Renter's insurance is required. Cats are allowed with a $300 nonrefundable and a $40 pet fee per pet. 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 rental references. Contact us today at 507-322-6677 with any questions or visit our website www realtygrowthmgmt com to schedule a showing. 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 Colonial Apartments

Apartment Amenities

Central HeatFreezer
HeatingTrash

Appliances

FridgeOven
RangeRefrigerator
Stove

Building

Cats OKCoin Op Laundry
Controlled BuildingOnsite Laundry
Water/Sewer

Grounds

CourtyardOutdoor Space

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

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units27
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About Colonial Apartments

HomeApartments in Rochester Colonial Apartments

These units features a spacious living room and bedrooms, a small eat-in kitchen area, as well as a kitchen with a pantry, good sized closets throughout and shared laundry inside the building. These properties are located just off North Broadway--one of the major roads in Rochester, making it an easy drive into downtown. Tenant is responsible for electricity. Additionally, there is a $70 utility fee for water/sewage, heat, and trash. There is a mandatory $10 monthly technology fee and $10.50 landlord liability insurance fee. Cats are allowed with a $300 nonrefundable and a $40 pet fee per pet. Application fee is $45 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 today at 507-322-6677 with any questions or visit our website realtygrowthmgmt. com to schedule a showing. 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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Colonial Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Colonial Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Colonial Apartments
Price·10A 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.
Colonial Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A 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.
Colonial Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—cats allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Colonial Apartments 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 Colonial Apartments 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.

Colonial Apartments is great for:

Pet owners

  • Outdoor spaces are available at this property
  • Pet deposit required
  • 1 pet grooming service nearby
  • 3 pet supply stores near the property

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 Colonial Apartments compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
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 grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Rochester

2-bedroom apartments at Colonial Apartments cost about 35% less than the average rent price for 2-bedroom apartments in Rochester.

Median rents as of Nov 29 2025.
Rochester
A table of studio rental data trends in Rochester
MonthMedian Rent
December 2023$1,180
January 2024$1,141
February 2024$1,141
March 2024$1,141
April 2024$1,124
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

Affordability calculator

Can I afford to live at 417-423 27th Street Northeast?

Bedrooms

2 bedrooms

Rent-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

$39,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this 2-bedrooms monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.

Schools near Colonial Apartments

Churchill Elementary School

2240 7th ave ne

rochester, MN, 55906

PK, K-2Public
A-

Hoover Elementary School

369 elton hills dr nw

rochester, MN, 55901

3-5Public
B

Washington Elementary School

1200 11th ave nw

rochester, MN, 55901

K-5Public
B+

Early Childhood Intervention

615 7th street sw

rochester, MN, 55902

PKPublic

Lincoln K-8 School

1122 8th ave se

rochester, MN, 55904

K-8Public
A-
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Internet available near Colonial Apartments

Getting around Rochester near 417-423 27th Street Northeast

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
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 417-423 27th Street Northeast, Rochester

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Nightlife

4/10
Some bars within walking distance

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