Rochester, MN Rental Market

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Last updated March 26, 2024

Market Summary

The median rent for 2 bedroom apartments in Rochester, MN is $1,287.

Median Rent

$1,287

Month-Over-Month Change

+$34

Year-Over-Year Change

+$3

Available Rentals

103

Source: Zillow Rentals Data

Price Range

The price range for 2 bedroom apartments is $750 to $5,005.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8006
$90012
$1,0007
$1,10018
$1,20013
$1,30013
$1,4008
$1,5004
$1,6007
$1,7006
$1,8003
$1,9007
$2,0001
$2,5001
$2,6003
$2,8002
$2,9001
$3,1001
$3,4003
$3,9001
$4,0001
$5,000+1

Median Rental Price over Time

In the last year, rent has increased by $3 compared to the previous year.

Median rental price over time
Last year (2023)This year (2024)
Jan$1,315$1,310
Feb$1,272$1,249
Mar$1,175$1,264
Apr$1,326No data
May$1,192No data
Jun$1,375No data
Jul$1,367No data
Aug$1,242No data
Sep$1,231No data
Oct$1,288No data
Nov$1,262No data
Dec$1,296No 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.

warm

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.

Rochester, MNvs.

$1,287

$1,561

Rent in Rochester, MN

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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.