Rochester, MN Rental Market
Last updated March 26, 2024
Market Summary
The median rent for 2 bedroom apartments in Rochester, MN is $1,287.
$1,287
+$34
+$3
103
Source: Zillow Rentals Data
Price Range
The price range for 2 bedroom apartments is $750 to $5,005.
Rent price | Number of rental properties |
---|---|
$700 | 1 |
$800 | 6 |
$900 | 12 |
$1,000 | 7 |
$1,100 | 18 |
$1,200 | 13 |
$1,300 | 13 |
$1,400 | 8 |
$1,500 | 4 |
$1,600 | 7 |
$1,700 | 6 |
$1,800 | 3 |
$1,900 | 7 |
$2,000 | 1 |
$2,500 | 1 |
$2,600 | 3 |
$2,800 | 2 |
$2,900 | 1 |
$3,100 | 1 |
$3,400 | 3 |
$3,900 | 1 |
$4,000 | 1 |
$5,000+ | 1 |
Median Rental Price over Time
In the last year, rent has increased by $3 compared to the previous year.
Last year (2023) | This year (2024) | |
---|---|---|
Jan | $1,315 | $1,310 |
Feb | $1,272 | $1,249 |
Mar | $1,175 | $1,264 |
Apr | $1,326 | No data |
May | $1,192 | No data |
Jun | $1,375 | No data |
Jul | $1,367 | No data |
Aug | $1,242 | No data |
Sep | $1,231 | No data |
Oct | $1,288 | No data |
Nov | $1,262 | No data |
Dec | $1,296 | No data |
Market Temperature
Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare Median Rent in Markets
Rent in Rochester, MN is 18% lower than the national median.
$1,287
$1,561
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Frequently Asked Questions
1. What is the average rent in Rochester, MN?
The median rent in Rochester, MN is $1,652.
2. How much does it cost to rent a house in Rochester, MN?
Houses in Rochester, MN rent between $650 - $5,449 with a median rent of $1,652.
3. How has the rent in Rochester, MN changed in the last year?
The median rent price in Rochester, MN for March 2024 is $1,652. This is $57 more than March 2023.
4. How much has the rent in Rochester, MN increased/decreased in the last month?
The median rent price in Rochester, MN March 2024 is $1,652. This is $101 more than February.
5. How many available rentals are there in Rochester, MN?
There are currently 379 rentals available in Rochester, MN.