2

Rochester, IN Homes for Rent

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    $1,950 Per Month

    • 3 Beds
    • 2 Baths
    • 2,576 Sq Ft
    • Condo for Rent

    2904 Manitou Park Dr, Rochester, IN 46975

    Peaceful, scenic wooded lake paradise for yearly lease rental. 3 BR, 2 BA, large deck, 2 car carport, full basement. Lake Manitou is a 775 acre all-sports lake. No pets, no jet skis. Looking for a tenant who enjoys a fairly quiet lifestyle. House will not be available to show until the tenant is moved out, sometime around the end of June or beginning of July.

    Lori Roberts Rochester Realty, LLC

    2904 Manitou Park Dr, Rochester, IN 46975
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    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Townhouse for Rent

    513 Main St, Rochester, IN 46975

    Welcome to your new home in the heart of Rochester! This charming 2-bedroom townhome apartment is perfect for those seeking comfort and convenience. With 1200 square feet of well-designed open space, you'll find everything you need to live your best life.Step inside to discover a bright and airy living area, ideal for relaxing or entertaining. The kitchen is a chef's dream, featuring

    513 Main St, Rochester, IN 46975

Why Live in Rochester

Rochester, Indiana, is a small city with a laid-back atmosphere situated on the shores of Lake Manitou. Known for its 800-acre all-sports lake, Rochester offers a variety of recreational activities, including fishing contests, kayaking, and canoeing on the Tippecanoe River. The city features five parks, a swimming pool, nature reserves, and the Round Barn Golf Club, an 18-hole public course. The Nickel Plate Trail, a 40-mile multiuse path, runs from Rochester to Kokomo, providing additional outdoor activities. Downtown Rochester has undergone recent revitalization, with new streetlamps, refurbished facades, and the renovation of the historic Times Theater, which now hosts concerts, films, and community events. The area boasts more than 30 restaurants, including local favorites like Streamliner Family Restaurant and El Cielito Lindo. Housing options in Rochester range from modest bungalows to custom-built lakefront estates, with a median single-family home price of $200,000. The city is exploring new housing programs to encourage residential development. Rochester Community School Corporation offers dual credit courses and career-focused pathways for high school students. Annual events such as the downtown chili cook-off, classic car shows, and the Trail of Courage festival, which celebrates pioneer life and honors Native American history, are popular among residents. Located about 40 miles from Kokomo and South Bend, and 30 miles from Warsaw, Rochester provides convenient access to larger employment hubs while maintaining its rural charm.

Frequently Asked Questions

How much does it cost to rent a home in Rochester, IN?
The median rent for a home in Rochester, IN is $1,575 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Rochester, IN?
To comfortably afford the median rent in Rochester, IN, a household needs to earn roughly $63,000 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 $1,575 per month in Rochester, IN, renters typically need to show $4,725 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 Rochester, IN?
In Rochester, IN, the price-to-rent ratio is 11.4, 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

Number of Homes for Rent
2
Median Rent
$1,575
Median Single Family Home Rent
$1,200
How to Rent a Home