First & Banks

Starting at $1,625
Plus Fees
Studio-3 Beds
1-2.5 Baths
532+ Sq Ft

Save $2,500 on Rent!

Receive a $2,500 rent credit when you move in by July 31, 2026. Contact us for details on this limited time offer.

Highlights

  • New Construction
  • Roof Terrace
  • Tennis Court
  • Den
  • Pet Washing Station
  • Pool

About First & Banks

Find the ultimate home sanctuary in Rochester, MN. First & Banks offers spacious studio, 1, 2 and 3-bedroom apartments with sophisticated finishes and all-inclusive access to intentional on-site amenities. The property also features premium two-story walk-out units and seventh-floor penthouse units with upgraded finishes.

The pet-friendly community is located three blocks from the Mayo Clinic and within walking distance to downtown. Enjoy park views and access to walking paths, tennis courts, a playground and a recently completed aquatics center.

Unit features: elevated 9-foot ceilings, walk-in closets, in-home washer & dryer, upgraded painted cabinetry, open-concept living spaces and stainless steel appliance package. Select units have upgraded finishes and features.

Community amenities: fitness & yoga studio, third-story amenity deck with grilling stations and spa, grab-and-go mini market, grand lobby with dedicated mail and package room, bike storage, community clubroom with kitchen and fireplace, multi-sports simulator, pool table, outdoor courtyard, exclusive seventh-floor amenity deck and clubroom and makers crafting room.

Listing Provided By

Pricing and Floor Plans

The total monthly price shown includes only the required fees. Additional fees may still apply to your rent.

Studio

Rhodes (A1)

$1,625 - $1,705 Plus Fees
  • Studio
  • 1 Bath
  • 532 Sq Ft
  • $500 deposit
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4 Available Units
Unit Base Price Sq Ft Availability Unit Details
639 $1,625 532 Now
414 $1,695 532 Now
514 $1,705 532 Now
314 $1,625 532 Jul 23

Reed (B2)

$1,795 - $1,945 Plus Fees
  • Studio
  • 1 Bath
  • 711 Sq Ft
  • $500 deposit
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6 Available Units
Unit Base Price Sq Ft Availability Unit Details
402 $1,795 711 Now
416 $1,795 711 Now
502 $1,795 711 Now
529 $1,795 711 Now
716 $1,945 711 Now
729 $1,945 711 Now

1 Bedroom

Briar (B5)

$1,790 - $1,975 Plus Fees
  • 1 Bed
  • 1 Bath
  • 707 Sq Ft
  • $500 deposit
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29 Available Units
Unit Base Price Sq Ft Availability Unit Details
427 $1,790 707 Now
313 $1,799 707 Now
315 $1,825 707 Now
317 $1,825 707 Now
321 $1,825 707 Now
323 $1,825 707 Now
335 $1,825 707 Now
417 $1,825 707 Now
421 $1,825 707 Now
423 $1,825 707 Now
433 $1,825 707 Now
435 $1,825 707 Now
513 $1,825 707 Now
515 $1,825 707 Now
521 $1,825 707 Now
523 $1,825 707 Now
527 $1,825 707 Now
531 $1,825 707 Now
533 $1,825 707 Now
613 $1,825 707 Now
615 $1,825 707 Now
617 $1,825 707 Now
621 $1,825 707 Now
627 $1,825 707 Now
631 $1,825 707 Now
340 $1,885 707 Now
440 $1,885 707 Now
731 $1,975 707 Now
735 $1,975 707 Now

Sage (B3)

$1,825 Plus Fees
  • 1 Bed
  • 1 Bath
  • 696 Sq Ft
  • $500 deposit
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4 Available Units
Unit Base Price Sq Ft Availability Unit Details
307 $1,825 696 Now
309 $1,825 696 Now
407 $1,825 696 Now
509 $1,825 696 Now

Lily (B7)

$1,899 - $1,930 Plus Fees
  • 1 Bed
  • 1 Bath
  • 701 Sq Ft
  • $500 deposit
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4 Available Units
Unit Base Price Sq Ft Availability Unit Details
338 $1,899 701 Now
438 $1,930 701 Now
538 $1,930 701 Now
638 $1,930 701 Now

Cosmo (B4)

$1,975 - $2,015 Plus Fees
  • 1 Bed
  • 1 Bath
  • 753 Sq Ft
  • $500 deposit
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7 Available Units
Unit Base Price Sq Ft Availability Unit Details
404 $1,975 753 Now
406 $1,975 753 Now
408 $2,015 753 Now
504 $2,015 753 Now
506 $2,015 753 Now
510 $2,015 753 Now
604 $2,015 753 Now

2 Bedrooms

Moss (Walkout 1)

$2,295 - $2,995 Plus Fees
  • 2 Beds
  • 1.5 Bath
  • 1,246 Sq Ft
  • $500 deposit
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7 Available Units
Unit Base Price Sq Ft Availability Unit Details
109 $2,295 1,246 Now
101 $2,995 1,246 Now
102 $2,995 1,246 Now
103 $2,995 1,246 Now
106 $2,995 1,246 Now
107 $2,995 1,246 Now
108 $2,995 1,246 Now

Wisteria (D6)

$2,725 Plus Fees
  • 2 Beds
  • 2 Baths
  • 1,084 Sq Ft
  • $500 deposit
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2 Available Units
Unit Base Price Sq Ft Availability Unit Details
341 $2,725 1,084 Now
641 $2,725 1,084 Now

Magnolia (D4)

$2,890 - $2,990 Plus Fees
  • 2 Beds
  • 2 Baths
  • 1,203 Sq Ft
  • $500 deposit
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4 Available Units
Unit Base Price Sq Ft Availability Unit Details
325 $2,890 1,203 Now
425 $2,890 1,203 Now
625 $2,895 1,203 Now
320 $2,990 1,203 Now

Clove (D7)

$2,990 - $3,025 Plus Fees
  • 2 Beds
  • 2 Baths
  • 1,239 Sq Ft
  • $500 deposit
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2 Available Units
Unit Base Price Sq Ft Availability Unit Details
442 $2,990 1,239 Now
542 $3,025 1,239 Now

Dahlia (Parkside Loft)

$2,995 - $3,495 Plus Fees
  • 2 Beds
  • 2 Baths
  • 1,348 Sq Ft
  • $500 deposit
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2 Available Units
Unit Base Price Sq Ft Availability Unit Details
114 $2,995 1,348 Now
115 $3,495 1,348 Now

Flora (E2 - Type A)

$2,995 Plus Fees
  • 2 Beds
  • 2 Baths
  • 1,393 Sq Ft
  • $500 deposit
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1 Available Unit
Unit Base Price Sq Ft Availability Unit Details
437 $2,995 1,393 Now

Thorne (Walkout 2)

$3,045 Plus Fees
  • 2 Beds
  • 2 Baths
  • 1,272 Sq Ft
  • $500 deposit
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1 Available Unit
Unit Base Price Sq Ft Availability Unit Details
105 $3,045 1,272 Now

Hazel (E1)

$3,100 Plus Fees
  • 2 Beds
  • 2 Baths
  • 1,394 Sq Ft
  • $500 deposit
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1 Available Unit
Unit Base Price Sq Ft Availability Unit Details
637 $3,100 1,394 Now

Hawthorn (L/W 1)

$3,400 Plus Fees
  • 2 Beds
  • 2.5 Baths
  • 1,341 Sq Ft
  • $500 deposit
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1 Available Unit
Unit Base Price Sq Ft Availability Unit Details
113 $3,400 1,341 Now

Indigo (Penthouse 2)

$3,450 Plus Fees
  • 2 Beds
  • 2 Baths
  • 1,184 Sq Ft
  • $500 deposit
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1 Available Unit
Unit Base Price Sq Ft Availability Unit Details
707 $3,450 1,184 Now

Willow (L/W 4)

$3,495 Plus Fees
  • 2 Beds
  • 2.5 Baths
  • 1,739 Sq Ft
  • $500 deposit
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1 Available Unit
Unit Base Price Sq Ft Availability Unit Details
110 $3,495 1,739 Now

Blossom (L/W 3)

$3,600 Plus Fees
  • 2 Beds
  • 2.5 Baths
  • 1,480 Sq Ft
  • $500 deposit
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1 Available Unit
Unit Base Price Sq Ft Availability Unit Details
111 $3,600 1,480 Now

Linden (L/W 2)

$3,695 Plus Fees
  • 2 Beds
  • 2.5 Baths
  • 1,508 Sq Ft
  • $500 deposit
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1 Available Unit
Unit Base Price Sq Ft Availability Unit Details
112 $3,695 1,508 Now

3 Bedrooms

Linnea (F2)

$3,295 - $3,795 Plus Fees
  • 3 Beds
  • 2 Baths
  • 1,280 Sq Ft
  • $500 deposit
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4 Available Units
Unit Base Price Sq Ft Availability Unit Details
336 $3,295 1,280 Now
436 $3,795 1,280 Now
536 $3,795 1,280 Now
636 $3,795 1,280 Now

Juniper (F1)

$3,800 - $3,875 Plus Fees
  • 3 Beds
  • 2 Baths
  • 1,375 Sq Ft
  • $500 deposit
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3 Available Units
Unit Base Price Sq Ft Availability Unit Details
305 $3,800 1,375 Now
405 $3,875 1,375 Now
505 $3,875 1,375 Now

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.
Required Fees
One-Time Basics
Due at Application
Application Fee Per Applicant
$50
Due at Move In
Security Deposit - Refundable
$500
Administrative Fee
$200
Pets
Dogs
Details and Requirements
Max of 2.
Cats
Details and Requirements
Max of 2.
Parking
Other
Parking Fee
$150 / mo
Electric Vehicle Parking
Parking Fee
$200 / mo

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Community Details

Property Information

  • Built in 2025
  • 219 units/7 stories

Lease Options

  • Short-term Lease

Community Amenities

Property Services

  • Controlled Access
  • Package Service
  • Pet Washing Station

Shared Community

  • Business Center
  • Disposal Chutes
  • Elevator
  • Lounge

Fitness & Recreation

  • Fitness Center
  • Playground
  • Pool
  • Spa
  • Tennis Court
  • Walking/Biking Trails
  • Bicycle Storage

Outdoor Features

  • Courtyard
  • Roof Terrace

Additional Amenities

  • 24/7 Mini Mart
  • Amenity Deck
  • Bike Storage
  • Club Level
  • Clubroom
  • Community Grilling Station
  • Community Kitchen
  • Complimentary Coffee/Espresso Bar
  • Corner Unit
  • Covered Parking (Heated)
  • Crafting Room
  • Interactive Sports Simulator
  • Live/Work Walkout
  • Park View
  • Pet Friendly
  • Pet Spa
  • Pool Spa
  • Pool Table
  • River View
  • Sky Lounge (Exclusive)
  • Trash Chutes
  • Walkout
  • Yoga Studio

Apartment Features

Indoor Features

  • Fireplace
  • Washer/Dryer
  • High Speed Internet Access

Kitchen Features & Appliances

  • Dishwasher
  • Kitchen
  • Ice Maker
  • Stainless Steel Appliances
  • Range
  • Quartz Countertops

Model Details

  • Walk-In Closets
  • Den
  • Deck

Property Site Map

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3D Interior and Exterior Tours

Map

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