What is the median home price in Rochester, MN?

The median home value in Rochester, MN is approximately $287,500, with median rent around $1,316/mo (U.S. Census ACS). Rochester is in Olmsted County.

What is the cost of living like in Rochester, MN?

Rochester has a median household income near $87,767 against a median home value of $287,500 and median rent of $1,316/mo. Minnesota's state income tax is 5.35-9.85% and effective property tax runs around 1.05%.

Can I use Remote Prop View in Rochester, MN?

Yes. Remote Prop View's market data, demographics, and scam-aware research tools work nationwide. Our deep property search, comparable sales, and TruReport verification packet currently focus on the Dallas-Fort Worth, TX metro.

Rochester, MN Real Estate

Rochester anchors one of Minnesota's largest metro areas with a population of about 121,638. The median home value is near $287,500, and median rent runs around $1,316/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value

$287,500

Median Rent

$1,316/mo

Population

121,638

Median Income

$87,767

Median Age

36.4

Homeownership

65.4%

Monthly payment on a median Rochester home

Example for a $287,500 home: 20% down, 30-yr at ~6.75%, MN property tax ~1.05%, 0.4% insurance.

Est. monthly (PITI)

$1,839

Principal & interest

$1,492

Property tax / mo

$252

Down payment (20%)

$57,500

Rochester at a glance

27.7% of residents 25+ hold a bachelor's degree or higher.
65.4% of occupied homes are owner-occupied.
Median household income is $87,767.
Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Minnesota cities

Minneapolis →St. Paul →Bloomington →Duluth →Brooklyn Park →Plymouth →

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