Cheap Apartments for Rent in 55902
87 rentals
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- $1,175 - $1,220/mo1 Bed1 BathGeorge Apartments - 625 3rd Street Southwest - 5 | 625 3rd St SW #6,
Rochester, MN 55902 - $1,270 - $1,795/moStudio-2 Beds1 BathResidence at Discovery Square - 511 3rd Avenue Southwest | 511 3rd Ave SW #112,
Rochester, MN 55902 - $1,550 - $1,975/moStudio-2 Beds1-2 BathsMetropolitan Market Place | 515 1st Ave SW #5f37a4617,
Rochester, MN 55902 - Total price$1,587 - $5,134/moStudio-3 Beds1-2 BathsThe Berkman | 217 14th Ave SW #146,
Rochester, MN 55902 - Total price$1,595 - $1,870/mo1-2 Beds1-2 BathsUptown Apartments | 1721 3rd St SW #106,
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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 May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,550 |
| Jul 2025 | $1,675 |
| Aug 2025 | $1,750 |
| 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 | $1,725 |
| Apr 2026 | $1,750 |
| May 2026 | $1,710 |
Average Rent By Bedroom and Home Type
In May 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 | $1,350 | $1,803 | $2,400 | $2,600 | $1,727 |
| Townhomes | $950 | $1,456 | — | — | $1,456 |
| Apartments and Condos | $995 | $1,900 | $2,100 | — | $1,295 |
| Houses | $1,350 | $1,850 | $2,500 | $2,600 | $2,456 |
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 $1,362 per month. This is about 29% lower than the national average.
- What is the average rent of a house in 55902?The average rent of a house in 55902 is $2,456 per month. This is about 27% higher than the national average.
- What is the average rent of a townhome in 55902?The average rent of a townhome in 55902 is $1,456 per month. This is about 25% 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 $1,350 per month. That is about $305 more than the cost of a studio apartment.
- How many available rental listings are in 55902?There are 93 available rental listings in 55902.
- What are some cities near 55902?