Updated 2 Hours Ago
Location
301 15th St Ne, Rochester, MN 55906, USA
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Property Overview
Silver Lake Apartments Bldg 8 earns a strong overall rating with standout marks for price and location, suggesting solid value and convenient access to nearby destinations. It also offers a well-rounded mix of amenities and a trustworthy property description, with the nearby top-rated elementary school adding another practical advantage.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $1,155 /mo | 1 unit available | Visit www silverlakerochester com to submit a rental application Affordable Unfurnished Apartment. Located only 2 blocks behind Silver Lake Grocery store and other RESTAURANTS. The bus line is only about 2 blocks away and brings you downtown Rochester in five minutes picking up approximately every half hour or less. The neighborhood is clean, quiet, and friendly with a beautiful Silver Lake Park just a few blocks away and nearby access to the extensive bike paths in Rochester. Coin operated laundry facilities are in each building. There are off-street parking spots available ($35 extra per month) otherwise plenty of 24/7 street parking available (no permit required). You can come into the office or complete one online at www silverlakerochester com Owner Pays: Heat, Water, Sewer, Garbage, and Gas Resident Responsible: Electric, and if desired TV Service, Internet, & Phone Service Rent: $1055 Deposit: $1080 Price is for a one year lease. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 12 |
|---|
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About Silver Lake Apartments Bldg 8
Visit www silverlakerochester com to submit a rental application Affordable Unfurnished Apartment. Located only 2 blocks behind Silver Lake Grocery store and other RESTAURANTS. The bus line is only about 2 blocks away and brings you downtown Rochester in five minutes picking up approximately every half hour or less. The neighborhood is clean, quiet, and friendly with a beautiful Silver Lake Park just a few blocks away and nearby access to the extensive bike paths in Rochester. Coin operated laundry facilities are in each building. There are off-street parking spots available ($35 extra per month) otherwise plenty of 24/7 street parking available (no permit required). You can come into the office or complete one online at www silverlakerochester com Owner Pays: Heat, Water, Sewer, Garbage, and Gas Resident Responsible: Electric, and if desired TV Service, Internet, & Phone Service Rent: $1055 Deposit: $1080 Price is for a one year lease.
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Silver Lake Apartments Bldg 8 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Silver Lake Apartments Bldg 8 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
Silver Lake Apartments Bldg 8 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·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, Silver Lake Apartments Bldg 8 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.
Silver Lake Apartments Bldg 8 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 Silver Lake Apartments Bldg 8 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
Silver Lake Apartments Bldg 8 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.
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 Silver Lake Apartments Bldg 8 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.4 mile away
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Rent trends in Rochester
1-bedroom apartments at Silver Lake Apartments Bldg 8 cost about 16% less than the average rent price for 1-bedroom apartments in Rochester.
Median rents as of Sep 5 2026.
Rochester
| Month | Median Rent |
|---|---|
| September 2024 | $1,148 |
| 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 |
| May 2026 | $1,270 |
| June 2026 | $1,238 |
| July 2026 | $1,226 |
| August 2026 | $1,223 |
| September 2026 | $1,295 |
Affordability calculator
Can I afford to live at 301 15th St Ne?
Bedrooms
1 bedroomRent-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
$46,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $46,200 annually to afford this 1-bedroom monthly rent price of $1,155.
For more information on rent affordability, visit our rent calculator.
Schools near Silver Lake Apartments Bldg 8
Jefferson Elementary School
1201 10th ave ne
rochester, MN, 55906
PK, K-5Public
A-
Hoover Early Learning School
369 elton hills dr nw
rochester, MN, 55901
PKPublic
Washington Elementary School
1200 11th ave nw
rochester, MN, 55901
K-5Public
B+
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
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Internet available near Silver Lake Apartments Bldg 8
Neighborhood
Getting around Rochester near 301 15th St Ne
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 301 15th St Ne, Rochester
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
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