Zumper
modified
1 Day Ago

Highlights

  • Pet Friendly
  • Recently renovated
  • Luxury vinyl plank flooring
  • New ceiling fans
  • Pet friendly
  • Surface parking lot
  • 3d tour

Location

2nd St Sw, Rochester, MN 55902, USA
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Tour The Colby

Contact

pmc-logo

Management

Black Swan Living

Leasing office

(844) 494-6592 ext. 2100

Property Overview

The Colby presents an appealing option for renters, highlighted by its impressive Zumper expert rating of 7.8 out of 10. With notable features such as recent renovations and luxury vinyl plank flooring, it offers excellent amenities (8/10) and a prime location (9/10) that ensure convenient access to various attractions and services. Additionally, its trustworthiness rating of 8/10 reflects transparent property management, while the area promotes a vibrant social life with abundant parks and dining options.

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

7.8
Very Good
The Colby is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Images Available

Great for

  • Social life

Floor plans

The Colby - 1806 2nd Street Southwest - 1806 #15Studio1 bath$900 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** Welcome Home. Experience comfort and convenience in an unbeatable location. Located on 2nd St SW, The Colby is less than half a mile from the Saint Mary's Campus. Plus, enjoy the peace of mind that comes with the surface parking lot, so you don't have to worry about finding a place to park. 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. Residents are responsible for electricity, gas and renter's insurance. All other utilities are covered in a convenient $75 per month utility fee. 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-
The Colby - 1804...1 bed1 bath600 sqft$995 /mo** Fill out our FREE application now and take the first step towards securing your dream home! ** *Unit pricing based on availability. Contact our Leasing Team today to learn more. Restrictions Apply.* Welcome Home. Experience comfort and convenience in an unbeatable location. Located on 2nd St SW, The Colby is less than half a mile from the Saint Mary's Campus. These bright 1-bedroom apartments were recently renovated with premium features like luxury vinyl plank flooring, new ceiling fans, and satin nickel hardware. Plus, enjoy the peace of mind that comes with the surface parking lot, so you don't have to worry about finding a place to park. BIG DOGS WELCOME! Check out the 3D tour here: http the-colby-apartments com 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. Residents are responsibl

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Amenities for The Colby

Building

Cats OKDogs OK
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

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Cat

Pet Rent

Monthly. 1 cat max.

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Dog

Pet Rent

Monthly. 1 dog max.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About The Colby

HomeApartments in Rochester The Colby

** Fill out our FREE application now and take the first step towards securing your dream home! ** *Unit pricing based on availability. Contact our Leasing Team today to learn more. Restrictions Apply.* Welcome Home. Experience comfort and convenience in an unbeatable location. Located on 2nd St SW, The Colby is less than half a mile from the Saint Mary's Campus. These bright 1-bedroom apartments were recently renovated with premium features like luxury vinyl plank flooring, new ceiling fans, and satin nickel hardware. Plus, enjoy the peace of mind that comes with the surface parking lot, so you don't have to worry about finding a place to park. BIG DOGS WELCOME! Check out the 3D tour here: http the-colby-apartments com 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. Residents are responsible for electricity, gas, renter's insurance, a property service fee of $30 per month, and Metronet fiber internet for $60 per month. 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.
7.8
/10
Very Good
The Colby is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated The Colby
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, The Colby 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·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, The Colby 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.
The Colby 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 The Colby 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.

Reviews from the web

Showing 4 highest rated

Free surface parking, pets allowed, great location next to Cascade Lake Park and the Mayo Clinic. Easily accessible through the 14. Professionally managed by a company that cares about its residents.

Aurélien Bonin

Aurélien Bonin

May 21, 2024

Sawyer was very diligent when he helped me out with my requests here.

Jensen Hayes

Jensen Hayes

May 05, 2024

We’re sharing just 4 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

The Colby is great for:

Social life

  • Areas nearby are accessible by walking
  • 148 restaurants within 1 mile of this property
  • Area has 26 parks and recreation options
  • Diverse age groups live in this area

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 Colby compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.4 mile away
Images Available
There are at least 10 photos of this address

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Rent trends in Rochester

Studio apartments at The Colby cost about 27% less than the average rent price for studios in Rochester.

1-bedroom apartments here are priced 29% lower than 1-bedrooms in Rochester.

Median rents as of Dec 13 2025.
Rochester
A table of studio rental data trends in Rochester
MonthMedian Rent
December 2023$1,141
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$1,218
November 2025$1,198
December 2025$1,225

Affordability calculator

Can I afford to live at 2nd St 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

$36,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this studio monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.

Schools near The Colby

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-

Folwell Elementary School

603 15th ave sw

rochester, MN, 55902

PK, K-5Public
A-

Washington Elementary School

1200 11th ave nw

rochester, MN, 55901

K-5Public
B+

Rochester Phoenix Academy

334 16th street se

rochester, MN, 55904

K-12Public
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Internet available near The Colby

Getting around Rochester near 2nd St Sw

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 2nd St Sw, Rochester

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

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

High schools

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

Nightlife

5/10
Some bars within walking distance

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