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Studio Apartment for Rent in Byron, MN

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    Starting at $1,445

    Total Monthly Price

    • Studio - 3 Beds

    692 Stone Haven Dr, Byron, MN 55920

    ** Fill out our FREE application now and take the first step towards securing your dream home! ***Discounted Pricing Only Available on Select Units While Supplies Last *Contact Our Leasing Team Today To Learn More. Restrictions Apply.Welcome to your Black Swan Living Home! These luxury, 2 and 3 bedroom townhomes in the Byron school district are only minutes from Rochester!

    Stone Haven Townhomes

    (507) 486-4372

    692 Stone Haven Dr, Byron, MN 55920

Why Live in Byron

Byron, Minnesota, is a small city located just 8 miles west of Rochester, making it a convenient spot for commuters seeking a quieter lifestyle. The city features a range of housing options, from mid-20th century ranch-style and split-level homes to new traditional houses with Craftsman and colonial influences. Townhouses are also available, and many properties are eligible for USDA Rural Development programs. Byron is known for its highly rated schools, including Byron Intermediate School and Byron Middle School, which attract many families to the area. The city is connected to Rochester via U.S. Route 14, and residents can also use Rochester Public Transit for commuting. Local dining options include independently owned restaurants like Wildwood, The Compadres, and Bear’s Den, while major retailers are a short drive away in Rochester. For outdoor activities, Oxbow Park offers 8 miles of trails, a natural playscape, and Zollman Zoo, while Somerby Golf Club provides a private course, pool, and fitness facilities. Smaller parks like Old Towne Park add to the recreational opportunities. Community events such as Byron Good Neighbor Days and Brrr Fest foster a strong sense of community with activities ranging from live music and parades to winter-themed festivities.

Frequently Asked Questions

How much does it cost to rent a home in Byron, MN?
The median rent for a home in Byron, MN is $2,145 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Byron, MN?
To comfortably afford the median rent in Byron, MN, a household needs to earn roughly $85,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,145 per month in Byron, MN, renters typically need to show $6,435 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Byron, MN?
In Byron, MN, the price-to-rent ratio is 15.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Byron, MN

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,145
Median Single Family Home Rent
$2,473
Median Townhouse Rent
$1,930
How to Rent a Home