Olmsted County

Real Estate in Rochester, MN

Ready to move to Rochester, MN? Click below to learn more about recent housing trends, average home values and other real estate insights .

Real Estate Overview

So you want to move to Rochester, MN, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Rochester is $164,900, while the median rent for a one bedroom apartment is $823 . The median salary in Rochester, MN, is $64,554, and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values in Rochester, MN

  $1,000,000 or More 0.5%
  $50k to $99k 8.8%
  $100k to $149k 26%
  $200k to $299k 19.6%
  $300k to $499k 11.5%
  $500k to $999k 1.8%
  Less than $50k 5.3%

$164900
Median Home Price
in Rochester, MN

Monthly Rent in Rochester, MN

Property Tax (with Mortgage) in Rochester, MN

$1.5k to $2k 22.8%
$1k to $1.5k 37.8%
$2.5k to $3k 3.9%
$2k to $2.5k 8.7%
Property Tax $3k or more 4.2%
$500 to $999 21%

$1349
Median Property Tax
in Rochester, MN

Property Tax (without Mortgage) in Rochester, MN

$1k or More 3.9%
$250 to $399 27%
$400 to $599 43.2%
$600 to $799 14.4%
$800 to $999 3.5%
Less than $250 8%
Property Tax Less $0.5k 1.7%

$164900
Median Propery Value
in Rochester, MN

$823
Median Rent
in Rochester, MN

Rochester, MN Rankings