Zumper
modified
Updated 4 Hours Ago

Highlights

  • Pet Friendly
  • Community room
  • Fitness center
  • Rooftop terrace
  • Controlled access
  • Balconies
  • In-unit laundry

Location

511 3rd Ave Sw, Rochester, MN 55902, USA|Historic Southwest
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Tour Residence @ Discovery Square

Contact

pmc-logo

Management

Black Swan Living

Leasing office

(844) 334-7269 ext. 7543

Property Overview

Residence @ Discovery Square scores strongly overall, with standout marks for value, amenities, location, and trustworthiness. It offers a range of features including a community room, fitness center, rooftop terrace, controlled access, balconies, and in-unit laundry, and it stands out for social life and fitness/wellness with plenty of nearby dining, entertainment, cultural options, parks, and gyms.

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

9.0
Excellent
Residence @ Discovery Square is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Middle school nearby
  • More space
  • Central heat

Great for

  • Wellness
  • Social life

Floor plans

Residence at Discovery Square - 511 3rd Avenue...Studio1 bath478 sqft$1,270 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, ente
Residence at Discovery Square - 511 3rd Avenue...Studio1 bath460 sqft$1,270 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, ente
Residence at Discovery Square - 511 3rd Avenue...Studio1 bath569 sqft$1,420 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, ente
Residence at Discovery Square - 511 3rd Avenue...Studio1 bath700 sqft$1,725 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, ente
Residence at Discovery Square - 511 3rd Avenue...1 bed1 bath580 sqft$1,170 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, ente
Residences of Discovery Square - 511 3rd Avenue So1 bed1 bath569 sqft$1,400 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with heated underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, entertainment, and a plethora of dining options in downtown Rochester, this pedestrian-friendly location is truly hard to beat! Copy and paste the link below to view a 3D tour! https my matterport com show ?m=6DzyHL7nHvK BIG DOGS WELCOME!
Residence at Discovery Square - 511 3rd Avenue...1 bed1 bath716 sqft$1,495 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, ente
Residences of Discovery Square - 511 3rd Avenue So1 bed1 bath716 sqft$1,600 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with heated underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, entertainment, and a plethora of dining options in downtown Rochester, this pedestrian-friendly location is truly hard to beat! Copy and paste the link below to view a 3D tour! https my matterport com show ?m=u6u8Kid8SUw BIG DOGS WELCOME!
Residences of Discovery Square - 511 3rd Avenue So1 bed1 bath817 sqft$1,700 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with heated underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, entertainment, and a plethora of dining options in downtown Rochester, this pedestrian-friendly location is truly hard to beat! Copy and paste the link below to view a 3D tour! https my matterport com show ?m=78hMi4jyUjo BIG DOGS WELCOME!
Residence at Discovery Square - 511 3rd Avenue...1 bed1 bath569 sqft$1,799 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Discounted Pricing Only Available on Select Units While Supplies Last *Contact Our Leasing Team Today To Learn More. Restrictions Apply. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with heated underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, entertainment, and a plethora of dining options in downtown Rochester, this pedestrian-friendly location is truly ha
Residence at Discovery Square - 511 3rd Avenue...2 bed1 bath817 sqft$1,595 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, ente
Residence at Discovery Square - 511 3rd Avenue...2 bed2 bath1,167 sqft$2,120 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, ente

Let's explore this property.

Amenities for Residence @ Discovery Square

Tech

High-Speed Internet

Building

Cats OKDogs OK
ElevatorFitness Center
Free Weights

Grounds

Garage 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

Application Fee

Per-applicant. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

Contact Property

OPTIONAL FEES

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Cat

Pet Terms

1 cat max.

Dog

Pet Terms

1 dog max.

Questions about this property’s policies and fees?

Building details

Property details

Units8

About Residence @ Discovery Square

HomeApartments in RochesterHistoric Southwest Residence @ Discovery Square

** Fill out our FREE application now and take the first step towards securing your dream home! ** *Receive 2 months free when you sign a 2-year lease ending in March-May. *Concession applies to base rent only. Any lease term less than a 12- or 24-month cycle is subject to concession proration. * "Concession applies to new residents only." Welcome Home. Discover modern living at these bright, new apartments nestled in the heart of downtown Rochester. These alcove, one, and two-bedroom units offer comfort and luxury, complete with open floor plans, granite countertops, balconies, and stainless steel appliances. Enjoy the ease of controlled access, elevator service, a secure mailroom, and in-unit laundry. Take advantage of the rooftop terrace, community room, and fitness center, so you can gather and stay active without leaving home. Plus, experience convenience and peace of mind with underground parking. Located just a short distance from the Mayo Clinic, as well as shopping, parks, entertainment, and a plethora of dining options in downtown Rochester, this pedestrian-friendly location is truly hard to beat! Check out our 3D tour here: https www rdsrochester com BIG DOGS WELCOME! Your pets deserve a home too. That's why all Black Swan Living properties are pet friendly, with no size or breed restrictions. Pets allowed with approval and pet rent. Enjoy flexible, personalized lease terms, typically with a 6 month minimum. Total Monthly Payment: $1,570. Base rent $1,420 plus required monthly fees: $80 property service fee, $65 wifi service charge, $5 technology fee. Utilities are not included in rent. Optional charges (parking, pet rent) and one-time move-in charges are not included. Ability to end lease for free if moving for homeownership, ask us about details! Black Swan Living is proud to be locally owned and owner managed. Contact us now to schedule your private virtual or in-person tour! Brokered by Keller Williams Premier Realty-Rochester.


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.
9.0
/10
Excellent
Residence @ Discovery Square is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated Residence @ Discovery Square
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.
Residence @ Discovery Square 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.
Residence @ Discovery Square 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—pets 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.
Residence @ Discovery Square 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Residence @ Discovery Square to provide reasonable accomodations and accurate details about its community.
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.

Reviews from the web

Showing 8 highest rated

I've dealt with many rental companies and real estate professionals, but Michael Wilson of Black Swan Living, elevates the property business! He personally got to know me and the short-term housing my family needed. Mike listened, was thorough and within a few short hours, my family became residents of Residence at Discovery Square. Thank you, Mike and Black Swan! Dan V

Dan Vosdingh

Dan Vosdingh

Jul 02, 2024

Amazing!! Love love the common space, roof top terrace, media room. Sleek and clean. Love it!!

Ming Tjahjana

Ming Tjahjana

May 19, 2024

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Residence @ Discovery Square is great for:

Wellness

  • On-site fitness center or gym
  • HVAC systems available onsite
  • 14 gyms or yoga centers nearby
  • 18 parks nearby

Social life

  • 134 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • 38 museums, art galleries, or cultural centers within 1 mile
  • 15 theaters, music venues, or sports arenas 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 Residence @ Discovery Square compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1.4 miles away
More space
Studio is 53 sqft larger than other listings nearby
Central heat
Climate controlled environment
Elevator
Improved accessibility features
Fitness center
The gym is just a few steps away
Images Available
There are at least 10 photos of this property

Considerations

Greater distance from high schools
The nearest high school is farther than 1.2 miles away

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Rent trends in Historic Southwest

Studio apartments at Residence @ Discovery Square cost about 8% more than the average rent price for studios in Historic Southwest.

1-bedroom apartments here are priced 4% higher than 1-bedrooms in Historic Southwest.

If you decide to upgrade your space, you can expect 2-bedrooms at Residence @ Discovery Square to be 33% less than the average for similarly sized apartments in Historic Southwest.

Median rents as of Oct 31 2026.
Historic Southwest
Rochester
A table of studio rental data trends in Rochester
MonthMedian Rent
November 2024$1,161
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
May 2026$1,270
June 2026$1,238
July 2026$1,226
August 2026$1,223
September 2026$1,278
October 2026$1,248
A table of studio rental data trends in Historic Southwest
MonthMedian Rent
November 2024$1,270
December 2024$1,252
January 2025$1,265
February 2025$1,268
March 2025$1,269
April 2025$1,269
May 2025$1,282
June 2025$1,322
July 2025$1,357
August 2025$1,283
September 2025$1,272
October 2025$1,309
November 2025$1,333
December 2025$1,395
January 2026$1,395
February 2026$1,391
March 2026$1,351
April 2026$1,317
May 2026$1,315
June 2026$1,307
July 2026$1,313
August 2026$1,330
September 2026$1,364
October 2026$1,324

Affordability calculator

Can I afford to live at 511 3rd Ave Sw?

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

$53,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $53,800 annually to afford this studio median monthly rent price of $1,345.
For more information on rent affordability, visit our rent calculator.

Schools near Residence @ Discovery Square

RPS Online Elementary School

615 7th st sw

rochester, MN, 55902

K-5Public
B

Early Childhood Intervention

615 7th street sw

rochester, MN, 55902

PKPublic

Folwell Elementary School

603 15th ave sw

rochester, MN, 55902

PK, K-5Public
A-

Lincoln K-8 School

1122 8th ave se

rochester, MN, 55904

K-8Public
A-

Washington Elementary School

1200 11th ave nw

rochester, MN, 55901

K-5Public
B+
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Getting around Rochester near 511 3rd Ave Sw

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

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 511 3rd Ave Sw, Rochester

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

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

High schools

9/10
At least one high school within a 10-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 511 3rd Ave Sw

Peoples Food Co-op
519 1st Ave SW
Mi Mexicana Market LLC
18 9th St SE
International Spices & Grocery
125 E Center St
ALDI
1201 Broadway Ave S
Hy-Vee
500 Crossroads Dr SW

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