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 .
Preservation saves historic structures amid dynamic development
The home of the famed Mayo Clinic – and much more.
Housing options diversify with growth.
Or, how an institution can change a city
From wine tastings to outdoor adventures, activities beckon throughout the region
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%|
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%|
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%|