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705 1st Ave SW

Rochester, MN 55902 - Olmsted County

Apartment

1-3 beds

1-2.5 baths

642-1,739 sqft

About 705 1st Ave SW

Welcome to First & Banks, presented by First & B of Rochester. We have several units available for lease. For more information and to schedule a showing, please contact us. Washer/Dryer In Unit, Den, Club Level, Park View, Corner Unit, River View, Live/Work Walkout & Walkout. Pet Friendly.

RentalSource last checked: July 16, 2025 at 2:39 PM ET

Listed by: First & B of Rochester, (507) 900-5810

Property Summary

Property Type:	Apartment
Rental Fee:	$1,775 - $3,700
Bedrooms:	1-3 beds
Bathrooms:	1-2.5 baths

Size:	642-1,739 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	81602703

Property Amenities

• Pet Friendly

• Washer/Dryer In Unit

Unit Rates

Name	Beds	Baths	Sqft	Rent
1 Bed	1	1	642	$1,775
1 Bed	1	1	696	$1,865
1 Bed	1	1	707	$1,890
1 Bed	1	1	701	$1,895
1 Bed	1	1	696	$1,900

Additional Details

Apartments for rent in Rochester for $1,775-$3,700 with 1-3 beds, 1-2.5 baths, 642-1,739 sqft, pet friendly and located at 705 1st Ave SW in Rochester, MN 55902. The averaged rental price of $2,738 is 52.6% ($944) higher than the average rent of $1,794 for apartments in Rochester, MN and 52.7% ($945) higher than the average rent of $1,793 for apartments in Olmsted County. 705 1st Ave SW was advertised by First & B of Rochester on June 10, 2025 at 10:21 AM ET and last updated yesterday at 2:39 PM ET.

Affordability Calculator

Can I afford to live at 705 1st Ave SW?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$71,000 /year

With your chosen rent-to-income ratio, an annual income of $71,000 is recommended to comfortably afford this 1-bedroom rental priced at $1,775 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,775 - $3,700

Rent Affordability Calculator

Interested in 705 1st Ave SW?

Find out more about this property & see if it's available now.

Property managed by:

First & B of Rochester
(507) 900-5810

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

Ask About 705 1st Ave SW

705 1st Ave SW, Rochester, MN 55902 - Apartment For Rent

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Name	Beds	Baths	Sqft	Rent
1 Bed	1	1	642	$1,775
1 Bed	1	1	696	$1,865
1 Bed	1	1	707	$1,890
1 Bed	1	1	701	$1,895
1 Bed	1	1	696	$1,900
1 Bed	1	1	707	$1,925
1 Bed	1	1	701	$1,955
1 Bed	1	1	772	$1,975
1 Bed	1	1	753	$1,980
1 Bed	1	1	671	$1,985
1 Bed	1	1	707	$2,040
1 Bed	1	1	711	$2,050
1 Bed	1	1	701	$2,070
1 Bed	1	1	753	$2,095
1 Bed	1	1	905	$2,135
1 Bed	1	1	905	$2,250
2 Beds	2	2	1,056	$2,625
2 Beds	2	2	1,056	$2,650
2 Beds	2	2	1,067	$2,685
2 Beds	2	2	1,084	$2,700
2 Beds	2	2	1,069	$2,710
2 Beds	2	2	1,067	$2,800
2 Beds	2	2	1,084	$2,825
2 Beds	2	2	1,203	$2,895
2 Beds	2	2	1,203	$2,955
2 Beds	2	2	1,348	$2,995
2 Beds	2	2	1,203	$3,045
2 Beds	2	2	1,393	$3,050
2 Beds	2	1.5	1,246	$3,095
2 Beds	2	2	1,272	$3,145
2 Beds	2	2	1,088	$3,250
2 Beds	2	2.5	1,341	$3,295
2 Beds	2	2.5	1,480	$3,320
2 Beds	2	2.5	1,508	$3,350
2 Beds	2	2	1,184	$3,450
2 Beds	2	2	1,209	$3,650
2 Beds	2	2.5	1,739	$3,700
3 Beds	3	2	1,388	$3,195
3 Beds	3	2	1,375	$3,600
3 Beds	3	2	1,375	$3,650
3 Beds	3	2	1,280	$3,660