Highlights
- Laundry facilities
- Off-street parking
- Heat
- Free street parking
- Affordable unfurnished apartment
- Street parking
Location
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Property management
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Building 5 - 300 16th St. NE excels in several areas, receiving an impressive overall rating of 8 out of 10 from Zumper, reflecting an excellent balance between pricing and value. The property features outstanding amenities, including laundry facilities and off-street parking, along with a prime location that enhances residents' quality of life. Its transparency and commitment to providing a clear picture of its offerings further establish it as a competitive option in the market.
Things you’ll love
Great for
| Building 5 - 300 16th St. NE - 5-203 | 1 bed | 1 bath | $775 /mo | We offer long term affordable apartment rentals located two miles north of downtown Rochester. The apartment complex is located two blocks behind Silver Lake Grocery Store and a few blocks away from Silver Lake Park. There are bike trails, bus lines, stores, groceries within a few minute walk. This apartment is an unfurnished second level studio apartment. There is plenty of street parking available free of charge or get parking behind the buildings for $20/spot. There are new coin operated laundry machines on the bottom floor in each building. Resident is responsible for electricity from RPU. We pay for the gas, heating, water, sewer, garbage. If you want TV service, Internet, or landline telephone service, you have the option of Spectrum, CenturyLink, and soon MetroNET. We offer internet to those who want it. There is no application fee and you can fill out an application at our website www silverlakerochester com Qualifications: 1. Income needs to be 3x that of rent. 2. No Felonies |
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Apartment Amenities
| Gas Utilities | Heat |
| Hot Water | Trash Included |
| Utilities/Sewer |
Building
| Onsite Laundry |
Grounds
| Storage |
One-time.
One-time. Refundable.
Affordable Unfurnished Apartment. Located only 2 blocks behind Silver Lake Grocery store and other RESTAURANTS. The BUSLINE is only about 2 blocks away and brings you DOWNTOWN IN FIVE MINUTES picking up approximately every half hour or less. The neighborhood is clean, quiet, and friendly with a beautiful LAKE SIDE PARK just a few blocks away and nearby access to the extensive bike paths in Rochester. Laundry facilities are in each building. There are off-street parking spots available ($25 extra per month) otherwise plenty of 24/7 street parking available (no permit required). Owner Pays: Heat, Water, Sewer, Garbage, and Gas Resident Responsible: Electric, and if desired TV Service, Internet, & Phone Service Please call our Office Manager at 507-289-8982 or stop by the office M-F 8:30-5:00 located at 1515 3rd Ave NE, Rochester, MN 55906. You can also complete application online at: www silverlakerochester com Price is for a one year lease. Pictures are for reference only.
How Building 5 - 300 16th St. NE compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Building 5 - 300 16th St. NE cost about 45% less than the average rent price for 1-bedroom apartments in Rochester.
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $1,240 |
| January 2026 | $1,295 |
| February 2026 | $1,318 |
Can I afford to live at 300 16th St Ne?
Bedrooms
1 bedroomRent-to-income ratio
30%
$31,000/yr
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