Rent in Rochester, MN
Across Rochester's 6 ZIP codes, a 2-bedroom typically rents for about $1,395 a month, with figures from $1,072–$1,877. The highest typical rent is in 55902 ($1,877) and the lowest in 55906 ($1,072). 4 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Olmsted County pay about 1.06% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,183 | $1,056–$1,367 | 6 |
| 1 bed | $1,226 | $938–$1,560 | 6 |
| 2 beds | $1,395 | $1,072–$1,877 | 6 |
| 3 beds | $1,969 | $1,444–$2,200 | 6 |
| 4 beds | $2,128 | $1,703–$2,377 | 6 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Rochester ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Rochester, MN?
- About $1,395 a month: the median of the typical rents in 6 ZIP codes, which range from $1,072–$1,877. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Rochester, MN?
- About $1,226 a month: the median of the typical rents in 6 ZIP codes, which range from $938–$1,560. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Rochester, MN?
- About $1,969 a month: the median of the typical rents in 6 ZIP codes, which range from $1,444–$2,200. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Rochester, MN?
- About $1,183 a month: the median of the typical rents in 6 ZIP codes, which range from $1,056–$1,367. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Rochester, MN?
- About $2,128 a month: the median of the typical rents in 6 ZIP codes, which range from $1,703–$2,377. Figures are gross rent (rent plus tenant-paid utilities).
- Which Rochester ZIP code has the highest rent?
- For a 2-bedroom, 55902 has the highest typical rent at $1,877 a month, and 55906 the lowest at $1,072.
- What is the property tax rate in Rochester, MN?
- Owner-occupied homes in Olmsted County pay a typical 1.06% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Rochester rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).