How much is the average rent in Rochester, MN for 1-bedroom and 2-bedroom apartments?

The average rent for a 1-bedroom apartment in Rochester, MN is approximately $1,381, while a 2-bedroom apartment averages around $1,530.

Are rents going up or down in Rochester, MN?

Rents in Rochester, MN have experienced a modest increase in 2024, with an overall rise of 0.45%. Notably, 2-bedroom and 3-bedroom rentals have seen year-over-year increases of 4.3% and 5.1%, respectively.

When is the best time to look for an apartment in Rochester, MN?

The best time to look for an apartment in Rochester, MN is during the winter months, particularly December, when the market is less competitive and potentially offers lower prices despite a limited selection.

What are the best neighborhoods to rent an apartment in Rochester, MN?

The most sought-after neighborhoods in Rochester include East Side Pioneers and Kutzky Park, known for their amenities like fitness centers, soundproofing, and access to public transportation, making them ideal for those who prioritize wellness and social activities.

What areas of Rochester, MN are best for budget-conscious renters?

While specific budget-conscious areas aren't detailed, generally, exploring neighborhoods outside the most popular ones like East Side Pioneers and Kutzky Park may offer more affordable options.

Are there pet-friendly apartments in Rochester, MN?

Yes, Rochester has a significant number of pet-friendly apartments, with over 65% of listings allowing pets, making it a great option for renters with pets.