Average Rent in 55901, Rochester, MN

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Current Versus Historical 55901, Rochester, MN Rents

55901 rentals. Currently, there are no available rental listings in this area.
For the apartment units and housing in April 2024, median rents have risen substantially over the last year. 1-bedroom rentals prices have increased by $125 (12.81%) year-over-year from $973 to $1,098. 2-bedroom rentals prices have increased by $133 (11.94%) year-over-year from $1,117 to $1,250. 3-bedroom rentals prices have increased by $221 (13.15%) year-over-year from $1,679 to $1,900. 4-bedroom rentals prices have decreased by $94 (-4.72%) year-over-year from $1,994 to $1,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 3.85% this month. 1-bedroom rents have gone down by 10.22% this month. 2-bedroom rents have gone up by 2.68% this month. 3-bedroom rents have gone up by 8.31% this month. 4-bedroom rents have gone down by 12.64% this month.
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Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)

Historical Rents in 55901, Rochester, MN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

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City Studio 1 Bed 2 Bed All

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Neighborhood Studio 1 Bed 2 Bed All

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County Studio 1 Bed 2 Bed All

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Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - 55901 Average Rents

Do 55901, Rochester, MN rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 55901, Rochester, MN.
How have rent prices in 55901, Rochester, MN changed this year?
Rent prices for rentals in 55901, Rochester, MN can fluctuate yearly. Specifically, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.12%, three bedroom rental prices have changed by 0.13% year-over-year.
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