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Updated 9 days ago

318 5th St SE


Rochester, MN

2 Bed
•
1 Bath

750 Sq. Ft.

Available starting May. 10th
Floor plans
2 Beds • 1 Bath
$850
750 ft2
1 Available
Managed By: Dwell Management Group
Updated 9 days ago

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318 5th Street Southeast
$850
Available May 10th, 2024
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318 5th St SE
318 5th St SE
318 5th St SE
Location ratings
Walk Score®
85
Very Walkable
Bike Score®
87
Very Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
Elevator
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $850
Property details
Description

Apartment in SE Rochester Available for a May Move in! - Welcome to your new home in Rochester, MN! This 2 bed 1 bath apartment is currently available for a May move in!

Located close to a Mayo Clinic shuttle pick up and just minutes away from Hy-Vee, Walmart, Mayo Clinic, and the trendiest restaurants in town, convenience will be at your fingertips.

Rent: $850
Security Deposit: $850 Or Dwell Management can offer the option to waive your security deposit and lower your move in costs significantly. Contact us to discuss the options!
Bedroom(s): 2
Bathroom(s): 1
Laundry: Washer & Dryer (shared coin-op)
Utilities included in rent: Gas, Water/Sewer, Garbage, Snow Removal, Lawn Care
Utilities Tenant is responsible for: Electricity, cable, Internet
Garage/Parking: Off Street Parking
Smoking: No Smoking on premise
Pets: Approved on a case-by-case basis, $250 pet deposit and $25/month pet rent
Dwell Management Group Administrative Fee: $16/month (non-negotiable)
Liability to Landlord Insurance is required: $10.50/month (non-negotiable)
One-Time Rental Referral Program Fee: $5 (non-negotiable)
Total Monthly Charge: $876.50

To streamline the application process, interested applicants are required to complete an online application and undergo a background and credit check. The application fee is $55 per applicant and is non-refundable.
Lease term lengths may vary, so please contact our management team to discuss your options and find the best fit for your needs.

If you have any questions or would like to schedule a tour of the property, please don't hesitate to reach out. We're here to assist you every step of the way.
Property offered for rent by Dwell Management Group. We look forward to welcoming you to your new home!

Additional Details
Account Type: Other
Total Unit Count: 3
Last Updated: Updated 9 days ago
Contact Number: (507) 550-0300 ext: 1
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Charter Communications 940.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
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 318 5th St SE by bedroom type below.
2 Bedroom
Suggested income:
$30,600
per year
Rent report

318 5th St SE Rent vs. Rochester Average

 318 5th St SE      Rochester Average
2BR
$850
$1,709
$0
$600
$1,200
$1,800
$2,400

318 5th St SE is asking 50% less than the average 2 bedroom apartment in Rochester.

If you upsized to an average priced Rochester 3 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Rochester 1 bedroom apartment, you would pay 17% less per month.

318 5th St SE provides 27% less square footage than the average Rochester 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
318 5th St SE
2BR $850 $1.10 $2,550
Rochester Average
Studio $1,193 $2.20 $3,580
1BR $1,466 $2.10 $4,399
2BR $1,709 $1.70 $5,127
3BR $2,079 $1.30 $6,236
4BR $2,493 $1.20 $7,478

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 284 2BR units on the market in Rochester. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
13% 32% 42% 8% 5%
Available Units in Rochester
Studio 85
1BR 215
2BR 284
3BR 53
4BR 32
Location
Nearby College

Rochester Community And Technical College

Nearby Hospitals
Name Distance
Mayo Clinic Hospital Methodist Campus 0.58 mi.
Olmsted Medical Center 0.93 mi.
Mayo Clinic Hospital Rochester St Mary's Campus 1.25 mi.
Nearby Fire Stations
Name Distance
Rochester Fire Department 4.38 mi.
Rochester Airport Fire Department 4.38 mi.
Rochester Airport Fire Department 7.46 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 May 10, 2024.
What's the square footage of the available units?
It's 750 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
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?
318 5th St SE has a 2 bedroom unit starting at $850.
Where is this property located?
This property is at 318 5th St SE in Rochester, MN. It's 0.2 miles southeast from the center of Rochester.
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