Rochester, MN Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Rochester, MN
The median asking rent in Rochester, MN is $2,100 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $317,543, that rent level prices Rochester, MN at a 8.15% gross rental yield — compared with 8.61% across Minnesota.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Rochester, MN rent and rental yield comparison
The current Rochester, MN baseline is $2,100 median asking rent and 8.15% gross rental yield. Compare rent, yield, and home values with selected Minnesota metros, then open a public report or Rental Insights for property-level follow-up.
Minneapolis-St. Paul-Bloomington, MN-WI
Minneapolis-St. Paul-Bloomington, MN-WI median asking rent is $2,495, $395 (18.8%) higher than the $2,100 median asking rent in Rochester, MN.
- Median rent
- $2,495
- Gross yield
- 8.54%
- Avg home value
- $364,129
Duluth, MN-WI
Duluth, MN-WI median asking rent is $2,000, $100 (4.8%) lower than the $2,100 median asking rent in Rochester, MN.
- Median rent
- $2,000
- Gross yield
- 9.23%
- Avg home value
- $320,449
Brainerd, MN
Brainerd, MN median asking rent is $1,700, $400 (19%) lower than the $2,100 median asking rent in Rochester, MN.
- Median rent
- $1,700
- Gross yield
- 8.39%
- Avg home value
- $326,149
St. Cloud, MN
St. Cloud, MN median asking rent is $1,850, $250 (11.9%) lower than the $2,100 median asking rent in Rochester, MN.
- Median rent
- $1,850
- Gross yield
- 9.15%
- Avg home value
- $315,090
Fergus Falls, MN
Fergus Falls, MN median asking rent is $1,398, $702 (33.4%) lower than the $2,100 median asking rent in Rochester, MN.
- Median rent
- $1,398
- Gross yield
- 10.14%
- Avg home value
- $194,319
Grand Rapids, MN
Grand Rapids, MN median asking rent is $1,750, $350 (16.7%) lower than the $2,100 median asking rent in Rochester, MN.
- Median rent
- $1,750
- Gross yield
- 10.19%
- Avg home value
- $264,404
Austin, MN
Austin, MN median asking rent is $1,288, $812 (38.7%) lower than the $2,100 median asking rent in Rochester, MN.
- Median rent
- $1,288
- Gross yield
- 12.80%
- Avg home value
- $189,417
Albert Lea, MN
Albert Lea, MN median asking rent is $1,250, $850 (40.5%) lower than the $2,100 median asking rent in Rochester, MN.
- Median rent
- $1,250
- Gross yield
- 14.34%
- Avg home value
- $148,545
Rochester, MN rent and yield FAQ
Quick answers based on the latest Rochester, MN rental listing and transaction data.
What is the average rent in Rochester, MN?
As of July 2026, the median asking rent in Rochester, MN is $2,100. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Rochester, MN?
Rochester, MN currently prices at a 8.15% gross rental yield, versus 8.61% across Minnesota. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Rochester, MN market context to property-level screening
Open Rental Insights with Rochester, MN selected, then pair the yield signal with investor activity and rental data workflows.