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Updated 1 hour ago

515 5th Ave SE


Rochester, MN

2 Bed
•
1 Bath

1,074 Sq. Ft.

Available starting Aug. 11th
Floor plans
2 Beds • 1 Bath
$1,250
1074 ft2
1 Available
Managed By: Dwell Management Group
Unit 1
$1,250
Available Aug 11th, 2025
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515 5th Ave SE
515 5th Ave SE
515 5th Ave SE
Location ratings
Walk Score®
81
Very Walkable
Bike Score®
88
Very Bikeable
Fees & leasing info
Lease & Fees
Security Deposit: $1,250
Property details
Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (507) 550-0300
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 100.0 3.0
Hiawatha Broadband Communications, Inc. 40.0 10.0
Hughes Network Systems, LLC 25.0 3.0
CenturyLink, Inc. 15.0 0.75
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 515 5th Ave SE by bedroom type below.
2 Bedroom
Suggested income:
$45,000
per year
Rent report

515 5th Ave SE Rent vs. Rochester Average

 515 5th Ave SE      Rochester Average
2BR
$1,250
$1,697
$0
$600
$1,200
$1,800
$2,400

515 5th Ave SE is asking 26% less than the average 2 bedroom apartment in Rochester.

If you upsized to an average priced Rochester 3 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Rochester 1 bedroom apartment, you would pay 13% less per month.

515 5th Ave SE provides 2% more square footage than the average Rochester 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
515 5th Ave SE
2BR $1,250 $1.20 $3,750
Rochester Average
Studio $1,201 $2.30 $3,603
1BR $1,502 $2.10 $4,506
2BR $1,697 $1.60 $5,092
3BR $2,182 $1.30 $6,546
4BR $3,314 $1.30 $9,943

Availability in Rochester

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 222 2BR units on the market in Rochester. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 36% 43% 10% 4%
Available Units in Rochester
Studio 34
1BR 184
2BR 222
3BR 49
4BR 19
Location
Nearby College

Rochester Community And Technical College

Nearby Hospitals
Name Distance
Mayo Clinic Hospital Methodist Campus 0.64 mi.
Olmsted Medical Center 0.88 mi.
Mayo Clinic Hospital Rochester St Mary's Campus 1.31 mi.
Nearby Fire Stations
Name Distance
Rochester Fire Department 4.44 mi.
Rochester Airport Fire Department 4.44 mi.
Rochester Airport Fire Department 7.44 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on August 11, 2025.
What's the square footage of the available units?
It's 1,074 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
515 5th Ave SE has a 2 bedroom unit starting at $1,250.
Where is this property located?
This property is at 515 5th Ave SE in Rochester, MN. It's 0.2 miles southeast from the center of Rochester.
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