Find the ultimate home sanctuary in Rochester, MN. First & Banks offers spacious studio, 1, 2 and 3-bedroom apartments with sophisticated finishes and all-inclusive access to intentional on-site amenities. The property also features premium two-story walk-out units and seventh-floor penthouse units with upgraded finishes. The pet-friendly community is located three blocks from the Mayo Clinic and within walking distance to downtown. Enjoy park views and access to walking paths, tennis courts, a playground and a recently completed aquatics center. Unit features: elevated 9-foot ceilings, walk-in closets, in-home washer & dryer, upgraded painted cabinetry, open-concept living spaces and stainless steel appliance package. Select units have upgraded finishes and features. Community amenities: fitness & yoga studio, third-story amenity deck with grilling stations and spa, grab-and-go mini market, grand lobby with dedicated mail and package room, bike storage, community clubroom with kitchen and fireplace, multi-sports simulator, pool table, outdoor courtyard, exclusive seventh-floor amenity deck and clubroom and makers crafting room. Fitness Room, Pet Friendly, Pet Spa, Bike Storage, Yoga Studio, Complimentary Coffee/Espresso Bar, Pool Table, Clubroom, Courtyard, Community Grilling Station, Interactive Sports Simulator, Covered Parking (Heated), Community Kitchen, Sky Lounge (Exclusive), 24/7 Mini Mart, Trash Chutes, Business Center, Amenity Deck, Pool Spa, Crafting Room, Tennis Court, Washer/Dryer In Unit, Park View, Corner Unit, River View, Club Level, Den, Live/Work Walkout & Walkout. Pet Friendly.
RentalSource last checked: June 12, 2026 · 2:56 PM ET
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Property Summary
Property Type:
Apartment
Rental Fee:
$1,625 - $3,875
Bedrooms:
1-3 beds
Bathrooms:
1-2.5 baths
Size:
532-1,739 sqft
Pet Friendly:
Yes
Listing Status:
Active
ID:
81602703
Property Amenities
• Balcony/Patio
• Fireplace
• Pet Friendly
• Washer/Dryer In Unit
• Walk-in Closets
Community Features
• Bike Paths
• Clubhouse
• Courtyard
• Fitness Center
• Pool
• Playground/Park
• Parking
• Storage
• Tennis Court
Unit Rates
Name
Beds
Baths
Sqft
Rent
Studio
1
1
532
$1,625 - $1,705
Studio
1
1
532
$1,625
Studio
1
1
532
$1,705
1 Bed
1
1
707
$1,790
Studio
1
1
711
$1,795
Name
Beds
Baths
Sqft
Rent
Studio
1
1
532
$1,625 - $1,705
Studio
1
1
532
$1,625
Studio
1
1
532
$1,705
1 Bed
1
1
707
$1,790
Studio
1
1
711
$1,795
1 Bed
1
1
707
$1,799
1 Bed
1
1
696
$1,825
1 Bed
1
1
707
$1,885
1 Bed
1
1
701
$1,930
Studio
1
1
711
$1,945
1 Bed
1
1
707
$1,975
1 Bed
1
1
753
$2,015
2 Beds
2
1.5
1,246
$2,295
2 Beds
2
2
1,084
$2,725
2 Beds
2
2
1,203
$2,890
2 Beds
2
2
1,203
$2,895
2 Beds
2
2
1,203
$2,990
2 Beds
2
2
1,348
$2,995
2 Beds
2
1.5
1,246
$2,995
2 Beds
2
2
1,239
$3,025
2 Beds
2
2
1,272
$3,045
2 Beds
2
2
1,394
$3,100
2 Beds
2
2.5
1,341
$3,400
2 Beds
2
2
1,184
$3,450
2 Beds
2
2
1,348
$3,495
2 Beds
2
2.5
1,739
$3,495
2 Beds
2
2.5
1,480
$3,600
2 Beds
2
2.5
1,508
$3,695
3 Beds
3
2
1,388
$1,995
3 Beds
3
2
1,280
$3,295
3 Beds
3
2
1,280
$3,795
3 Beds
3
2
1,375
$3,800
3 Beds
3
2
1,375
$3,875
Additional Details
Apartments for rent in Rochester for $1,625-$3,875 with 1-3 beds, 1-2.5 baths, 532-1,739 sqft, pet friendly and located at 705 1st Ave SW in Rochester, MN 55902. The averaged rental price of $2,750 is 28.1% ($603) higher than the average rent of $2,147 for apartments in Rochester, MN and 28.1% ($604) higher than the average rent of $2,146 for apartments in Olmsted County. 705 1st Ave SW was advertised by First & B of Rochester 6+ months ago and last updated yesterday at 2:56 PM ET.
Affordability Calculator
Can I afford to live at 705 1st Ave SW?
Bedrooms
1 bedroom
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Recommended income
$65,000 /year
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