Home prices
The median home value in Rochester is $200,100. This is approximately $12,640 (5%) lower compared to its nearby areas.Compared to the United States as a whole it is about $17,400 (7%) lower, and is about $51,500 (20%) lower in comparison to the city of Minneapolis.
Rents
In Rochester the median monthly rent is $974. This is about $160 (19%) higher in comparison to its nearby areas.In comparison to the rest of the nation it is approximately $88 (8%) lower, and is about $53 (5%) lower compared to the city of Minneapolis.
Nearby places
Byron
Byron is roughly 7 miles west from Rochester. The housing prices there are somewhat more expensive. The median home value in Byron is $218,400, which works out to $18,300 (8%) higher than Rochester. The rent there is pretty similar. In Byron the median rent is $957 a month, which comes out to $17 (1%) lower than Rochester.
Oronoco
Oronoco is approximately 9 miles north from Rochester. Its housing prices are significantly more expensive. The median home in Oronoco is valued at $308,100, which is $108,000 (35%) higher than Rochester. Rents there are similar. The median monthly rent in Oronoco is $938, which comes out to $36 (3%) lower than Rochester.
Stewartville
Stewartville is roughly 9 miles south from Rochester. Real estate prices there are a bit less expensive. The median home in Stewartville costs $178,700, which comes out to $21,400 (11%) lower than Rochester. Its rents are a bit less expensive. In Stewartville the median monthly rent is $859, which is $115 (13%) lower than Rochester.
Eyota
Eyota is about 10 miles east of Rochester. Housing prices there are somewhat less expensive. The price of the median home in Eyota is $178,200, which comes out to $21,900 (12%) lower than Rochester. Rents there are substantially less expensive. Eyota's median rent is $679 per month, which works out to $295 (43%) lower than Rochester.
Kasson
Kasson is about 11 miles west from Rochester. The housing prices there are a little less expensive. Kasson's median home value is $180,300, which is $19,800 (10%) lower than Rochester. The rent there is a lot less expensive. Kasson's median rent is $635 per month, which comes out to $339 (53%) lower than Rochester.
