Rochester, MN

Rochester, MN covers 27 tracked apartment buildings totaling 4,697 units in Rochester, MN, with an average asking rent of $1,990 — above the national median for this city. Asking rents span $975 to $4,348 across the available inventory. Reported occupancy is 89.5%, softer than most stabilized markets and consistent with active leasing concessions.

The for-sale market in this city shows a median asking price of $375,000 ($201 per square foot). For-sale listings sit on the market for an average of 85 days. As of the most recent snapshot Rufus is tracking 183 active listings. HMDA mortgage data for the county covering Rochester shows an average loan amount of $320,507 at an average interest rate of 6.65%. 2,081 loans were originated in the most recent reporting year, a very low denial rate that suggests borrowers in this area are typically well-qualified.

Rufus refreshes this city snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.