Zumper
modified
Updated 5+ Days Ago

Highlights

  • Onsite laundry
  • All utilities included
  • Kitchenette
  • All utilities and wi-fi included
  • Wi-fi included

Location

431 3rd Avenue Southeast #307, Rochester, MN 55904, USA|Slatterly Park
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Contact

Management

Resident properties

Leasing office

(844) 326-6575 ext. 2939

Property Overview

The Beacon earns a strong Zumper Expert Rating of 8.6 out of 10, supported by high marks for price, amenities, and location, along with solid quality and trustworthiness. It offers onsite laundry, kitchenettes, and included utilities plus wi-fi, and is noted for nearby parks, restaurants, mixed-use spaces, and a close elementary school, making it especially appealing for social life and everyday convenience.

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

8.6
Very Good
With a solid 8.6 out of 10 overall, The Beacon is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, The Beacon 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

  • Elementary school nearby
  • Laundry available on site

Great for

  • Social life

Floor plans

BeaconStudio1 bath325 sqft$975 /moStudio unit Queen Bed Kitchenette All utilities Wi-Fi Included Next to a Mayo Shuttle Lot

Let's explore this property.

Amenities for The Beacon

Apartment Amenities

Air ConditioningFurnished

Building

Controlled AccessOnsite Laundry
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

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About The Beacon

HomeApartments in RochesterSlatterly Park The Beacon

Studio unit at the Beacon. Furnished with a queen bed, all utilities and Wi-Fi are included. Parking if needed is $75/mo. Onsite laundry Next to a Mayo Shuttle Lot Within walking of Mayo Clinic Downtown


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 Good
With a solid 8.6 out of 10 overall, The Beacon is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, The Beacon 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 The Beacon
Price·9A 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.
The Beacon stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
The Beacon goes above and beyond to provide sought-after conveniences and desirable perks, including controlled access. Renters looking for popular or luxurious features will find them here—and for that reason, The Beacon 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.
The Beacon 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·8A 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.
Anyone looking for quality at a great value will find The Beacon to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
Trustworthiness·7A 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 Beacon provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

The Beacon is great for:

Social life

  • 111 restaurants within 1 mile of this property
  • Area has 23 parks and recreation options
  • Diverse age groups live in this area
  • 184 mixed-use spaces nearby

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 The Beacon compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 miles away
Laundry available on site
Washers and dryers are available in-building

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1.3 miles away

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Rent trends in Slatterly Park

Median rents as of Oct 17 2026.
Slatterly Park
Rochester
A table of 2-bedroom apartment rental data trends in Rochester
MonthMedian Rent
November 2024$1,520
December 2024$1,542
January 2025$1,575
February 2025$1,579
March 2025$1,496
April 2025$1,483
May 2025$1,485
June 2025$1,549
July 2025$1,536
August 2025$1,530
September 2025$1,498
October 2025$1,496
November 2025$1,469
December 2025$1,498
January 2026$1,539
February 2026$1,540
March 2026$1,536
April 2026$1,571
May 2026$1,524
June 2026$1,500
July 2026$1,500
August 2026$1,501
September 2026$1,564
October 2026$1,532
A table of 2-bedroom apartment rental data trends in Slatterly Park
MonthMedian Rent
November 2024$1,055
December 2024$1,175
January 2025$1,030
February 2025$1,007
March 2025$1,422
May 2025$1,100
June 2025$1,137
July 2025$1,235
August 2025$1,132
September 2025$1,206
October 2025$1,212
January 2026$1,525
February 2026$1,545
April 2026$1,552
May 2026$1,365
June 2026$1,066
July 2026$1,192
August 2026$1,340
September 2026$1,435
October 2026$1,400

Affordability calculator

Can I afford to live at 431 3rd Avenue Southeast #307?

Bedrooms

Studio

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 studio monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.

Schools near The Beacon

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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Getting around Rochester near 431 3rd Avenue Southeast #307

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 431 3rd Avenue Southeast #307, Rochester

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

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