Metropolitan Market Place 3-floor urban-style apartment complex is situated in the heart of the thriving downtown neighborhood in Rochester, MN. Stylish residences outfitted with contemporary amenities and open living spaces makes for a sophisticated setting to socialize and unwind. Whether you choose to grill out on the terrace or enjoy the view from your private balcony, the diverse selection of unique floor plans means that no matter what your lifestyle, you?ll find a fit at Metropolitan Market Place.
Located above the Peoples Food Coop and one block away from the Mayo Clinic skyway in beautiful downtown Rochester.
We offer both furnished and unfurnished apartments with 3-12 month lease options. Rent includes free cable television, Wi-Fi Internet, gas, water, sewer, trash & recycling. Apartment amenities include front-loading washer & dryer, dishwasher, microwave, central heat & air conditioning, free shuttle service to Mayo Clinic, and roof-top outdoor patio. Heated parking in our underground
Metropolitan Market Place
515 1st Ave SW, Rochester, MN 55902
Apartment building
Studio-2 beds
Underground garage
Air conditioning (central)
In-unit laundry (W/D)
Available units
Price may not include required fees and charges
Price may not include required fees and charges.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending |
|---|---|---|---|
Studio Studio, 1 ba | -- | Now | $1,495+ |
 | -- | Now | $1,625+ |
 | -- | Now | $2,095+ |
What's special
Sun roof/deck
Don't forget the SPF
A sun roof or deck is a rare feature. Less than 2% of buildings in Rochester have this amenity.
Open living spacesContemporary amenitiesPrivate balconyFront-loading washer and dryerRoof-top outdoor patio
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 10 am - 2 pm |
| Sat: | Closed |
| Sun: | Closed |
Facts, features & policies
Building Amenities
Community Rooms
- Party Room
Other
- Laundry: In Unit
Outdoor common areas
- Patio
- Rooftop Deck
Security
- Controlled Access
Services & facilities
- Storage Space
Unit Features
Appliances
- Dishwasher
- Dryer
- Freezer
- Garbage Disposal
- Microwave Oven
- Oven
- Range
- Refrigerator
- Washer
Cooling
- Central Air Conditioning
Flooring
- Carpet
- Hardwood
Heating
- Electric
Internet/Satellite
- Cable TV Ready
- High-speed Internet Ready
Other
- Furnished: Furnished Available
- Patio Balcony: Patio
- Stainless Steel Appliances
Policies
Parking
- Underground Garage
Lease terms
- Flexible
Pets
Small dogs
- Not allowed
Large dogs
- Not allowed
Cats
- Not allowed
Special Features
- Access To Entertainment
- Downtown Living
- Heated Underground Parking
- Outdoor Terrace
- Shuttle Service To Mayo Clinic
- Top-notch Security
Neighborhood: Historic Southwest
- Medical HubCentral access to hospitals, clinics, and comprehensive healthcare.Historic AreaRich history reflected in architecture, landmarks, and charming old-town character.Green SpacesScenic trails and gardens with private, less-crowded natural escapes.Dining SceneFrom casual bites to fine dining, a haven for food lovers.
Set on Rochester’s southwest bluffs and along the Zumbro River, 55902 blends historic charm with everyday convenience and four true seasons—snowy winters for cozy indoor gatherings, vibrant springs, warm summers on riverfront trails, and colorful falls. You’ll find the Pill Hill historic district, Mayowood Mansion, and the Plummer House, plus easy access to downtown and the Mayo Clinic campus, Apache Mall shopping, Hy-Vee and People’s Food Co-op, local coffee staples like Cafe Steam and Fiddlehead, and date-night favorites such as Terza and Pescara. Soldiers Field Park and its golf course anchor plentiful green space, with biking and walking on the Zumbro River and Bear Creek trails; pups and strollers are a common sight. Studios and gyms cluster along South Broadway, and weekends bring farmers markets, gallery events, and low-key live music. Recent Zillow market trends show median asking rents hovering around the mid–$1,500s, with most listings spanning roughly the low $1,200s to the upper $1,900s depending on size and finishes. The vibe is friendly and relaxed, with many medical professionals, families, and outdoor lovers enjoying quiet streets and quick highway access.
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Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Nearby schools in Rochester
GreatSchools rating
- 8/10Folwell Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 2.9 mi
- 9/10Mayo Senior High SchoolGrades: 8-12Distance: 1.4 mi
Frequently asked questions
What is the walk score of Metropolitan Market Place?
Metropolitan Market Place has a walk score of 83, it's very walkable.
What schools are assigned to Metropolitan Market Place?
The schools assigned to Metropolitan Market Place include Folwell Elementary School, John Adams Middle School, and Mayo Senior High School.
Does Metropolitan Market Place have in-unit laundry?
Yes, Metropolitan Market Place has in-unit laundry for some or all of the units.
What neighborhood is Metropolitan Market Place in?
Metropolitan Market Place is in the Historic Southwest neighborhood in Rochester, MN.
What are Metropolitan Market Place's policies on pets?
Small dogs are not allowed. Large dogs are not allowed. Cats are not allowed.
