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Apartments for Rent in Rochester, MN under $700

49 Rentals Available
Apartments for Rent in Rochester, MN under $700. 49 Rentals Available
  • Today

    626 3Rd Avenue Southeast, Rochester, MN 55904
    STUDIO $650
    1 BED $645
  • Today

    826 21St Ave SE, Rochester, MN 55904
    2 BEDS Ask for Pricing
    4 BEDS $500
  • Today

    711 4Th Avenue SE, Rochester, MN 55904
    1 BED $650+
  • Today

    1081 Felty Ave. SE, Rochester, MN 55904
    Income Restricted
    1 BED Ask for Pricing
  • More Rentals Near Rochester, MN

  • Today

    3611 85Th Street NW, Oronoco, MN 55960
    STUDIO $565+
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4-1-city
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Getting around in Rochester, MN

24 /100
Car-Dependent
80 /100
Very Bikeable
Walk Score®: 24, Bike Score®: 80

Frequently asked questions

When were prices and availability in Rochester, MN last updated?

Prices and availability in Rochester, MN were last updated on 27 Feb 2026.

What are the best apartments in Rochester, MN?

The best apartments in Rochester, MN are: Richard Apartments, Bryk on Broadway, Quarry Ridge Apartments, 207 5th Avenue SW and Winchester Apartments & Townhomes.

What type of rental buildings are in Rochester, MN?

In Rochester, 35% of the residents are renting compared to 65% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 29% of Rochester's rentals, 56% are small-scale complexes with under 50 units, and 15% are single-family rentals.

Renting apartments in Rochester, MN under $700

Searching for apartments for rent in Rochester, MN under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Rochester, MN, where the average rent is $622 per month, there are 49 units available for less than $700. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Rochester, MN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Rochester, MN going for $500 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!