Property Prices in Rochester, MN, United States

Index Info
Price to Income Ratio: 2.22
Mortgage as Percentage of Income: 20.05%
Loan Affordability Index: 4.99
Price to Rent Ratio - City Centre: 6.88
Price to Rent Ratio - Outside of Centre: 7.01
Gross Rental Yield (City Centre): 14.53%
Gross Rental Yield (Outside of Centre): 14.27%
Rent Per Month
Edit Range
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 1,100.00-1,500.00
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 Meter to Buy Apartment in City Centre $2,127.60 2,002.00-2,274.00
Price per Square Meter to Buy Apartment Outside of Centre $1,988.40 1,860.00-2,142.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) $4,629.50
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.61 6.00-7.58

These data are based on 62 entries from 17 contributors over the past 18 months.
Last update: 15 October 2026

Sources and References
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