Rochester Homes under $250,000

Welcome to Rochester, Minnesota, a vibrant city nestled in the heart of Olmsted County. Known for its rich history and thriving community, Rochester is not just a place to live, but a lifestyle to embrace. With its picturesque parks, top-rated schools, and a robust healthcare system anchored by the renowned Mayo Clinic, Rochester offers residents an unparalleled quality of life.

For those seeking affordable housing options, Rochester has a variety of charming homes available for under $250,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this city has something for everyone. Picture yourself in a cozy bungalow or a modern townhouse, each with unique character and potential. The real estate market here is diverse, showcasing everything from quaint single-family homes to well-maintained condos, all within reach of your budget.

Living in Rochester means enjoying a dynamic blend of urban and suburban life. With a thriving arts scene, numerous festivals, and outdoor recreational activities, there’s never a dull moment. Explore the scenic trails, indulge in local dining, or attend one of the city’s many cultural events. Plus, the friendly atmosphere and strong community spirit make Rochester a welcoming place to call home.

Discover the possibilities that await you in Rochester, MN. With affordable homes, a vibrant community, and a wealth of amenities, it’s the perfect place to start your next chapter. Your dream home is just around the corner!

Newest Rochester Homes under $250,000

$179,900

3 Beds ⋅ 1 Baths ⋅ 7154428 MLS

Welcome home to easy, one-level living just outside of Rochester! This charming on owner home has 3-bedrooms, 1-bathroom , sits on a desirable corner lot and offers the perfect blend of comfort, convenience, and updates. Step inside to an inviting open-concept layout, where the kitchen, dining, and living areas flow seamlessly together—ideal for both everyday living and entertaining. The kitchen features new appliances, adding modern style and functionality to the heart of the home. Enjoy peace of mind with a new roof, making this home truly move-in ready. All three bedrooms are conveniently located on one level, offering practicality and ease for any lifestyle. Located just minutes from Rochester, you’ll love the quiet setting while still having quick access to shopping, dining, and everyday amenities.

917 Chester Avenue SE, Rochester

Listing courtesy of RE/MAX Advantage Plus.

$200,000

2 Beds ⋅ 2 Baths ⋅ 7150154 MLS

Welcome home to this beautiful 2-bedroom, 2-bathroom condo in a cozy neighborhood! Filled with natural light, this inviting home offers comfortable living spaces and a nice balcony, perfect for enjoying your morning coffee or relaxing at the end of the day. Conveniently located just 3 miles from Mayo Clinic, less than a 10-minute drive, with easy access to parks, schools, shopping, and everyday amenities. A wonderful opportunity for low-maintenance living in a convenient location!

2022 29th Place NW Unit 203, Rochester

Listing courtesy of Real Broker, LLC..

$214,900

3 Beds ⋅ 2 Baths ⋅ 7151455 MLS

***Newly installed carpet throughout most of the home.*** Located in the heart of Rochester, this three-bedroom home offers a highly desirable setting within walking distance of Mayo Clinic, Mayo Park, Mayo Civic Center, downtown amenities, and nearby trails around Bear Creek and Silver Lake. The main level features a large primary bedroom, main-floor laundry, a bathroom, two separate living spaces, and a spacious kitchen and dining area with plenty of room to gather. Upstairs are two additional bedrooms and a second bathroom. A screened-in porch provides a comfortable place to relax, while the large detached two-stall garage is a valuable and difficult-to-find feature in this neighborhood. The home is ready for cosmetic updates, offering an opportunity to improve and personalize a well-proportioned property in one of Rochester’s most convenient locations.

125 8th Avenue SE, Rochester

Listing courtesy of eXp Realty.

$150,000

3 Beds ⋅ 2 Baths ⋅ 7152519 MLS

One property, several possibilities! This home's duplex layout could make it a strong addition to a rental portfolio. For an investor ready to renovate, it may also offer a rehab and flip opportunity. Or, bring your vision and make it your primary residence, with the potential to convert to single family. The main floor unit features two bedrooms and one full bath; while the upper level unit features one bedroom and one full bathroom with an efficiency kitchen. Located near a bus stop, on a quiet dead-end street and adjacent to beautiful East Park. "Sold As-Is". Call today to schedule a showing!

1535 2nd Street NE, Rochester

Listing courtesy of Danielson Realty Group, LLC.

$215,000

3 Beds ⋅ 2 Baths ⋅ 7147074 MLS

Bring your vision to this 3-bedroom, 2-bath home with plenty of potential! This property offers a fully fenced yard, great outdoor space, and a detached 2-car garage. The home needs some TLC and updating, making it a great opportunity for a buyer looking to add value and build equity. With a functional layout and desirable features already in place, this property has lots of possibilities and is ready for someone to make it their own.

2514 NW 23rd Avenue NW, Rochester

Listing courtesy of Doro Real Estate.

$250,000

3 Beds ⋅ 2 Baths ⋅ 7148324 MLS

Charming 3-bedroom, 2-bath home in a convenient Rochester location, just one mile from downtown and close to Olmsted Medical Center and Rochester Community and Technical College. The main level features two bedrooms, a full bath, hardwood floors, and a kitchen with white cabinetry, updated countertops, backsplash, and flooring. Upstairs offers a third bedroom and versatile den space, along with newer windows, insulation, fresh paint, and updated lighting. The recently refinished lower-level family room provides additional space for entertaining, a game room, or a home office. Outside, enjoy updated landscaping along the front and left side of the home, a fully fenced backyard, and a newer 12' x 12' deck. Conveniently located near schools, parks, shopping, and everything Rochester has to offer.

1427 1st Street SE, Rochester

Listing courtesy of Real Broker, LLC..

$119,000

2 Beds ⋅ 1 Baths ⋅ 7149683 MLS

Welcome home to second floor condo with 2 bedrooms and 1 full bathroom. It offers easy-care vinyl flooring throughout with ceramic tile flooring in the bathroom. Enjoy your morning coffee or unwind at the end of the day on the private balcony. Laundry room located next to the unit. Additional amenities include heat, garbage and internet. Stay active in the fitness area, relax in sauna, enjoy the indoor and outdoor swimming pools. Conveniently located near shopping centers, restaurants, and walking trails. Don't miss out on this opportunity - schedule your showing today!

1931 Viking Drive NW Unit 21, Rochester

Listing courtesy of eXp Realty.

$234,900

2 Beds ⋅ 2 Baths ⋅ 7149509 MLS

Move right in and enjoy worry-free living in this beautifully maintained 2-bedroom, 2-bath townhome in Northwest Rochester! Bright, open living spaces are complemented by a cozy gas fireplace and an abundance of natural light, creating a warm and welcoming atmosphere. The spacious primary bedroom features a walk-in closet, while the conveniently located hallway laundry adds everyday functionality. Recent updates—including the water heater, air conditioner, washer, and dryer, all replaced within the past two years, providing added value and peace of mind. Unlike many comparable units, this home also offers the added benefit of street parking , making it easier to accommodate guests and multiple vehicles. Conveniently located near Highway 52, shopping, dining, parks, and public transit, this move-in-ready home offers the perfect combination of comfort, convenience, and low-maintenance living.

2989 Boulder Ridge Drive NW, Rochester

Listing courtesy of Minnesota Realty Company.

$246,900

4 Beds ⋅ 2 Baths ⋅ 7149538 MLS

This well-maintained Rochester duplex is a great way to start building your investment portfolio—or try your hand at the “house hacking” strategy by living in one unit while the other helps with the mortgage. The main-floor unit offers two bedrooms, hardwood floors throughout, an updated kitchen with maple cabinets and an bathroom featuring maple vanity, full tub/shower and tile flooring. Upstairs, the second unit gives you flexibility with a layout that can work as either two bedrooms or a bedroom plus living room. There’s also a small, efficient kitchen, full bathroom with tile flooring and pedestal sink, new carpet in the bedroom and hardwood floors in the other living space. Both units have access to the shared basement with plenty of storage plus the washer and dryer. Each unit has its own 100-amp electrical service panel, making this property practical for both investors and owner-occupants. And some of the big-ticket items are already checked off the list: new roof in 2026 and new furnace in 2021. Whether you’re looking for your first Rochester investment property, adding another rental to the portfolio, or looking for a home where your tenant can help pay the mortgage, this duplex deserves a spot on your list!

1033 3rd Avenue SE, Rochester

Listing courtesy of Re/Max Results.

$210,000

2 Beds ⋅ 2 Baths ⋅ 7147764 MLS

Welcome to this adorable and move-in ready 2-bedroom, 1-story home perfectly situated in the heart of Rochester! This well-maintained property features hardwood floors on main level, offering warmth and character the moment you step inside. Enjoy simple living in a cozy and inviting space with an unbeatable location—just steps from East Park, where you can enjoy walking and running paths, green space, and even disc golf right next door. Conveniently located within walking distance to downtown Rochester, restaurants, parks, and near city bus routes for easy commuting. Location is everything, and this home delivers! Situated just 0.3 miles from Olmsted Medical Center, approximately 1.5 miles from Mayo Clinic, and 2 miles from Rochester Community and Technical College, making it ideal for medical professionals, students, or anyone seeking convenience to Rochester’s top destinations. Close to schools, parks, public transportation, and everything Rochester has to offer—this charming home is the perfect blend of comfort, convenience, and affordability. Move right in and start enjoying all this fantastic location has to offer!

1431 1st Street SE, Rochester

Listing courtesy of eXp Realty.

$164,900

2 Beds ⋅ 2 Baths ⋅ 7146975 MLS

Updated and affordable townhome offering comfortable, low-maintenance living in a convenient location. The main level features an efficient kitchen with butcher block countertops, updated appliances and backsplash, plus an inviting living area with access to a private patio. Fresh paint and refreshed bathrooms add to the move-in-ready feel. Upstairs you'll find two comfortable bedrooms and a full bath, while the lower level offers additional living space with a distinctive industrial-inspired style and plenty of storage. Conveniently located near schools, shopping, parks, and trails. Quick possession possible, plus a potential $10,000 grant through qualifying programs—ask for details!

3945 18th Avenue NW, Rochester

Listing courtesy of Real Broker, LLC..

2100 Valkyrie Drive NW Unit 201, Rochester

$229,900

2 Beds ⋅ 2 Baths ⋅ 7052165 MLS

Welcome to this well-maintained 2-bedroom, 2-bath condo offering comfort, convenience, and low-maintenance living. This desirable corner unit provides added privacy and an abundance of natural light throughout the space. Enjoy the ease of an underground parking garage, keeping your vehicle protected year-round. The open layout is perfect for both everyday living and entertaining, while the primary suite offers a private bath and ample closet space. Residents have access to shared amenities including a pool and fully equipped weight room perfect for relaxing or staying active without leaving home.

2100 Valkyrie Drive NW Unit 201, Rochester

Listing courtesy of Edina Realty, Inc..

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