Property Prices in Rochester, MN, United States

Index Info
Price to Income Ratio: 2.26
Mortgage as Percentage of Income: 19.61%
Loan Affordability Index: 5.10
Price to Rent Ratio - City Centre: 6.76
Price to Rent Ratio - Outside of Centre: 7.37
Gross Rental Yield (City Centre): 14.78%
Gross Rental Yield (Outside of Centre): 13.57%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,643.75 $ 1,500.00-2,000.00
1 Bedroom Apartment Outside of City Centre 1,300.00 $ 1,100.00-1,995.54
3 Bedroom Apartment in City Centre 2,051.00 $ 1,600.00-2,500.00
3 Bedroom Apartment Outside of City Centre 2,341.67 $ 1,250.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 194.26 $ 185.99-199.00
Price per Square Feet to Buy Apartment Outside of Centre 194.26 $ 185.99-199.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,626.36 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.12 6.00-6.50

These data are based on 55 entries from 16 contributors over the past 18 months.
Last update: 20 March 2026

Sources and References
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