5

Studio Condos for Rent in Rochester, MN

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  • /33

    $1,949 Plus Fees

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Rochester - North

    2814 43rd St NW, Rochester, MN 55901

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Rochester - North

    2814 43rd St NW, Rochester, MN 55901
  • /20

    $725 Plus Fees

    • Studio
    • 1 Bath
    • Condo for Rent

    1301 1st St SW Unit 3, Rochester, MN 55902

    Property Id: 552399 Cozy furnished studio apartment in classic brick building located one block from St. Mary's Hospital. Available April 1. Located at 1301 1st Street SW, 55902. Updated paint and windows. Perfect crash pad for Mayo or St. Mary's employees, student or anyone who needs to be close to downtown. Has fridge but not stove. Lots of permit street parking available. We are nearly

    1301 1st St SW Unit 3, Rochester, MN 55902
  • /14

    $900

    Total Monthly Price

    • Studio
    • 0.5 Baths
    • 200 Sq Ft
    • Condo for Rent

    101 Center E St Unit 416, Rochester, MN 55904

    AFFORDABLE! Flexible Leasing Options! CONVIENENTLY LOCATED! Quick 2-3 minute walk to downtown and Mayo's Campus! Month to Month Leases! All Utilities included, including fiber internet! Furnished units! We suit many needs including those that are new to Rochester looking for their long term home, those that enjoy simple living, traveling professionals, commuters, and

    101 Center E St Unit 416, Rochester, MN 55904
  • /14

    $925

    Total Monthly Price

    • Studio
    • 1 Bath
    • 250 Sq Ft
    • Condo for Rent

    1600 Marion Rd SE Unit 10, Rochester, MN 55904

    AFFORDABLE! CONVIENENTLY LOCATED! Month to Month Leases if preferred! All Utilities included, including fiber internet! Furnished units! We suit many needs including those that are new to Rochester looking for their long term home, those that enjoy simple living, traveling professionals, commuters, and focused students. We serve both short and long term needs. We are a great fit if you

    1600 Marion Rd SE Unit 10, Rochester, MN 55904
  • /20

    $1,300

    Total Monthly Price

    • Studio
    • 1 Bath
    • 795 Sq Ft
    • 319-323 S Broadway

    319-323 Broadway Ave S Unit A321 1/2-3, Rochester, MN 55904

    Introducing a unique and modern studio apartment in the heart of downtown Rochester, MN. This stylish unit features hardwood flooring, a cozy loft area with a spiral staircase up to it, and large windows that flood the space with natural light. The secured building offers peace of mind, while the convenience of coin-operated laundry makes chores a breeze. Stay comfortable year-round with a window

    319-323 Broadway Ave S Unit A321 1/2-3, Rochester, MN 55904

Frequently Asked Questions

How much does it cost to rent a condo in Rochester, MN?
The median rent for a condo in Rochester, MN is $1,395 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Rochester, MN?
To comfortably afford the median rent in Rochester, MN, a household needs to earn roughly $72,000 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 $1,800 per month in Rochester, MN, renters typically need to show $5,400 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, MN?
In Rochester, MN, the price-to-rent ratio is 16.0, 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

Number of Condos for Rent
5
Median Condo Rent
$1,395
Median 1 Bedroom Condo Rent
$1,223
Median 2 Bedroom Condo Rent
$1,555
Median 3 Bedroom Condo Rent
$1,535
How to Rent a Home