Zumper
modified
5+ Days Ago

Highlights

  • Laundry facilities
  • Off-street parking
  • Heat
  • Free street parking
  • Affordable unfurnished apartment
  • Street parking

Location

300 16th St Ne, Rochester, MN 55906, USA
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Tour Building 5 - 300 16th St. NE

Contact

Management

Silver Lake Apartments

Leasing office

(844) 334-5739 ext. 1521

Property Overview

Building 5 - 300 16th St. NE receives strong ratings across various factors, including a notable expert rating of 8 out of 10, indicating a reliable option for renters. With an impressive amenities rating of 9 and a competitive pricing value, the property appeals to those seeking a quality living experience. Its excellent location offers easy access to education and high-speed internet, while key features like laundry facilities and off-street parking further enhance convenience and comfort.

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

8.0
Very Good
With a solid 8 out of 10 overall, Building 5 - 300 16th St. NE is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Building 5 - 300 16th St. NE has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • Elementary school nearby

Great for

  • Work-from-home

Floor plans

Building 5 - 300 16th St. NE - 5-2031 bed1 bath$775 /moWe 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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Amenities for Building 5 - 300 16th St. NE

Apartment Amenities

Gas UtilitiesHeat
Hot WaterTrash Included
Utilities/Sewer

Building

Onsite Laundry

Grounds

Storage
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

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About Building 5 - 300 16th St. NE

HomeApartments in Rochester Building 5 - 300 16th St. NE

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.


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.
8.0
/10
Very Good
With a solid 8 out of 10 overall, Building 5 - 300 16th St. NE is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Building 5 - 300 16th St. NE has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Building 5 - 300 16th St. NE
Price·8A 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.
Scoring a 8/10, Building 5 - 300 16th St. NE is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
Building 5 - 300 16th St. NE goes above and beyond to provide sought-after conveniences and desirable perks, including onsite laundry. Renters looking for popular or luxurious features will find them here—and for that reason, Building 5 - 300 16th St. NE 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.
Building 5 - 300 16th St. NE 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 Building 5 - 300 16th St. NE 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.

Building 5 - 300 16th St. NE is great for:

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • 3 office supply stores within 1 mile

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 Building 5 - 300 16th St. NE compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 0.2 mile away
Elementary school nearby
There is an elementary school 0.4 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

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Rent trends in Rochester

1-bedroom apartments at Building 5 - 300 16th St. NE cost about 41% less than the average rent price for 1-bedroom apartments in Rochester.

Median rents as of Oct 18 2025.
Rochester
A table of studio rental data trends in Rochester
MonthMedian Rent
November 2023$1,177
December 2023$1,189
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$1,206

Affordability calculator

Can I afford to live at 300 16th St Ne?

Bedrooms

1 bedroom

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

$31,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this 1-bedroom monthly rent price of $775.
For more information on rent affordability, visit our rent calculator.

Schools near Building 5 - 300 16th St. NE

Jefferson Elementary School

1201 10th ave ne

rochester, MN, 55906

PK, K-5Public
A-

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-

Rochester Phoenix Academy

334 16th street se

rochester, MN, 55904

K-12Public
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Internet available near Building 5 - 300 16th St. NE

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Rochester near 300 16th St Ne

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

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

Points of interest for 300 16th St Ne, Rochester

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Nightlife

4/10
Few or no bars within walking distance

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