Cheap Apartments for Rent in 55902
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SPECIAL OFFERPET FRIENDLY$1,295 - $1,720/mo
Studio-2 Beds
1 BathResidence at Discovery Square - 511 3rd Avenue Southwest | 511 3rd Ave SW,
Rochester, MN 55902
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PET FRIENDLY$1,527 - $2,217/mo1-3 Beds1-2 BathsCascade Shores Townhomes + Flats | 182 Grandeville Rd SW,
Rochester, MN 55902
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Average Rent Trends in 55902
Rent in 55902 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,700 |
| Oct 2025 | $1,550 |
| Nov 2025 | $1,475 |
| Dec 2025 | $1,563 |
| Jan 2026 | $1,575 |
| Feb 2026 | $1,695 |
| Mar 2026 | $1,723 |
| Apr 2026 | $1,750 |
| May 2026 | $1,712 |
| Jun 2026 | $1,809 |
| Jul 2026 | $1,800 |
| Aug 2026 | $1,725 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,245 | $1,700 | $2,210 | $2,800 | $1,725 |
| Townhomes | $950 | $1,750 | — | — | $1,750 |
| Apartments and Condos | $900 | $1,500 | $1,895 | — | $1,495 |
| Houses | $1,233 | $1,900 | $2,295 | $2,800 | $2,300 |
Frequently Asked Questions about Rentals in 55902
- What is the average rent of an apartment in 55902?The average rent of an apartment in 55902 is $1,377 per month. This is about 30% lower than the national average.
- When is the average rent cheapest in 55902?In the last year, the average rent in 55902 was lowest in Nov 2025 when it was $1,475 per month.
- When is the average rent most expensive in 55902?In the last year, the average rent in 55902 was highest in Aug 2025 when it was $1,750 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 55902?The average rent of a 1 bedroom apartment in 55902 is $1,245 per month. That is about $125 less than the cost of a studio apartment.
- How many available rental listings are in 55902?There are 82 available rental listings in 55902.
- What are some cities near 55902?
View this page in Spanish: Apartamentos baratos en renta en 55902 - 254 Rentas | Trulia