Rental market snapshot for Rochester, Minnesota
Rochester, Minnesota Rental Property Market Overview
Rochester, Minnesota is a vibrant city located in the southeastern part of the state. According to the US Census, the population of Rochester was 121,465 in 2021. The city is home to the world-renowned Mayo Clinic, as well as a variety of other businesses, restaurants, and attractions. Rochester is known for its beautiful parks and trails, as well as its thriving arts and culture scene. With its diverse population and wide range of activities, Rochester is a great place to live and visit.
The average rent for an apartment in Rochester is $1,441. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 19.2% over the past year.
Last Updated April 22, 2023
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Average monthly rent graph in Rochester Minnesota | Cost of Living
- The most expensive ZIP code in Rochester is 55902 with an average price of $1,647
- The cheapest ZIP code in Rochester is 55906 with an average price of $800
Rochester ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 55902 | $1,647 |
| 2 | 55904 | $1,512 |
| 3 | 55901 | $1,200 |
Live near Rochester, Minnesota's Top Sights and Attractions
Northgate Park is a sprawling outdoor area located in Rochester, Minnesota. It features a variety of recreational activities, including a large playground, a disc golf course, a walking path, and a picnic area. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is a popular spot for families and visitors alike, offering a peaceful and scenic escape from the hustle and bustle of the city.
IBM Woodside Park is a large outdoor park located in the heart of Rochester, Minnesota. It features a variety of activities, including a large playground, walking trails, picnic areas, and a pond. The park also has a large open field, perfect for playing sports or having a picnic. There are also several benches and tables scattered throughout the park, making it a great spot to relax and take in the scenery.
Foster Arend Park is a beautiful park located in Rochester, Minnesota. It features a variety of outdoor activities, including a playground, walking trails, a disc golf course, picnic areas, and a fishing pond. The park also has a large open field, perfect for playing sports or having a picnic. There is also a large pavilion with a stage, perfect for hosting events or concerts. The park is surrounded by lush trees and is a great place to relax and enjoy nature.
Lincolnshire Park is a popular outdoor attraction located in Rochester, Minnesota. It features a large pond, walking trails, and a variety of wildlife. The park also has a playground, picnic areas, and a disc golf course. Visitors can also enjoy fishing, canoeing, and kayaking on the pond. The park is a great place to relax and enjoy nature, as well as take part in recreational activities.
Zumbro West Park is a scenic outdoor destination located in a peaceful rural setting. It features a variety of recreational activities, including hiking trails, a disc golf course, and a fishing pond. The park also has a picnic area, playground, and a shelter house for visitors to enjoy. The park is surrounded by lush green trees and rolling hills, making it a great spot for a peaceful stroll or a picnic with friends and family.
Douglas Trail is a scenic, paved pathway that runs along the Zumbro River in Rochester, Minnesota. The trail is a popular spot for walking, running, biking, and rollerblading. It features a variety of natural features, including wetlands, woodlands, and prairies, as well as a variety of wildlife. The trail is also home to several historic sites, including the Douglas Lodge, a former hotel built in the late 1800s. The trail is well-maintained and offers plenty of opportunities for outdoor recreation.
Soldiers Veterans Memorial Park is a tranquil and peaceful park located in a small town in Minnesota. The park is home to a variety of memorials and monuments dedicated to the brave men and women who served in the armed forces. Visitors can take a stroll through the park and admire the monuments, which include a World War I memorial, a Vietnam War memorial, and a Korean War memorial. There is also a large fountain in the center of the park, which is surrounded by a beautiful garden. The park also features a playground, picnic areas, and a walking path.
Silver Lake Park East is a popular outdoor recreation area located in Rochester, Minnesota. It features a large lake, a beach, a playground, picnic areas, and a variety of trails for walking, biking, and running. The park also has a boat launch, fishing pier, and a disc golf course. Visitors can also enjoy the scenic views of the lake and surrounding area.
Kutzky Park is a large, lush green space located in the heart of Rochester. It features a variety of amenities, including a playground, basketball court, picnic areas, walking paths, and a pond. The park is a popular spot for locals to enjoy a leisurely stroll, have a picnic, or take part in a game of basketball. The park is also home to a variety of wildlife, including ducks, geese, and other birds. The park is well-maintained and provides a peaceful escape from the hustle and bustle of the city.
Field of Fun is an outdoor amusement park located in Rochester, Minnesota. It features a variety of rides and attractions, including a roller coaster, bumper cars, a Ferris wheel, a carousel, and a mini golf course. There are also a variety of food stands, games, and other activities for visitors to enjoy. The park is open seasonally and offers discounts for groups and special events.
Rochester, Minnesota area median rent change by ZIP code map
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How does Rochester compare to other cities in Minnesota ?
| city | median price |
|---|---|
| Tonka Bay | $3,247 |
| Shoreview | $2,199 |
| Chanhassen | $1,895 |
| Rogers | $2,100 |
| Chaska | $2,140 |
| Saint Louis Park | $1,838 |
| Forest Lake | $1,675 |
Average household income in Rochester area graph - US Census
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The median household income in Rochester in 2021 was $79,159. This represents a 24.8% change from 2011 when the median was $63,428.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 4.0% |
| 1 | $10,000 to $14,999 | 3.4% |
| 2 | $15,000 to $19,999 | 3.2% |
| 3 | $20,000 to $24,999 | 3.4% |
| 4 | $25,000 to $29,999 | 3.4% |
| 5 | $30,000 to $34,999 | 3.0% |
| 6 | $35,000 to $39,999 | 4.1% |
| 7 | $40,000 to $44,999 | 4.2% |
| 8 | $45,000 to $49,999 | 3.1% |
| 9 | $50,000 to $59,999 | 7.1% |
| 10 | $60,000 to $74,999 | 10.4% |
| 11 | $75,000 to $99,999 | 14.9% |
| 12 | $100,000 to $124,999 | 10.7% |
| 13 | $125,000 to $149,999 | 6.9% |
| 14 | $150,000 to $199,999 | 9.9% |
| 15 | $200,000 or more | 8.4% |
