Rochester Homes under $400,000

Welcome to Rochester, Minnesota – a vibrant city nestled in the heart of Olmsted County, renowned for its rich history, thriving community, and stunning natural beauty. Often celebrated for its exceptional quality of life, Rochester is home to a diverse population and offers a unique blend of urban amenities and small-town charm. This city is not just the birthplace of the world-renowned Mayo Clinic; it also boasts a flourishing arts scene, numerous parks, and a variety of recreational opportunities that make it an ideal place to call home.

If you’re in the market for a new home, you’ll be thrilled to discover that Rochester offers a range of affordable housing options, with many beautiful homes available for under $400,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of styles and layouts to suit your needs. From cozy single-family homes in friendly neighborhoods to modern townhouses with contemporary amenities, Rochester’s real estate market has something for everyone.

The city's commitment to community and family-friendly living is evident in its excellent schools, safe streets, and a plethora of local events that bring residents together throughout the year. With easy access to major highways and a robust public transportation system, commuting to nearby cities is a breeze, making Rochester an attractive option for those who work in the Twin Cities or beyond.

Discover your dream home in Rochester, where affordability meets a high quality of life, and where every day brings new opportunities for exploration and connection.

Newest Rochester Homes under $400,000

$240,000

COMING SOON Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7157475 MLS ⋅ 1,006 SqFt.

Stop on by today to see this beautiful 2 bed, 1 bath home! Located near all sorts of amenities, this home is perfect for those looking for a great starter home or to add to your investment portfolio. It comes with a large fenced in yard, cozy sunroom, and hardwood floors. Schedule your showing today!

905 9th Avenue NW, Rochester

Listing courtesy of Keller Williams Premier Realty.

$179,900

COMING SOON Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7154469 MLS ⋅ 758 SqFt.

This charming 2-bedroom, 1-bath home is located in a conveniant SE neighborhood and sits on .106 acres. It boasts a 1 car detached garage and fenced in back yard. As you enter the home you will be greeted with original woodwork, arched doorways, & hardwood floors throughout the entry, living room, dining room, hall, & 2 bedrooms. You will find ceramic tile in the bathroom & vinyl in the kitchen. The lower level includes a laundry area and plenty of room for storage or expansion. The upper level is only in need of flooring and will add an additional 672 sq. ft. of living space for a 3rd bedroom or a flex space. This includes the refrigerator, range, washer, dryer, & freezer. Welcome home!

1010 3rd Avenue SE, Rochester

Listing courtesy of Edina Realty Rochester.

$239,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7157183 MLS ⋅ 864 SqFt.

Escape to your own private retreat just minutes from Rochester! Set on 1.5 acres, this 3-bedroom, 1-bath home offers a peaceful setting with plenty of room to enjoy the outdoors. Tucked away from the hustle and bustle, the property provides the space and privacy that are increasingly hard to find, while still offering convenient access to Rochester. Inside, the inviting eat-in kitchen creates a comfortable gathering space, while the full unfinished basement offers abundant storage and future potential. A 2-car garage adds everyday convenience and functionality. Whether you’re looking to enjoy the tranquility of acreage, create your own outdoor haven, or simply have room to spread out, this property offers a wonderful opportunity to enjoy country-like privacy close to town.

1240 Robin Lane SE, Rochester

Listing courtesy of Property Brokers of Minnesota.

$390,765

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7157184 MLS ⋅ 1,780 SqFt.

This brand-new two-story townhome features a spacious two-car garage and a low-maintenance yard. The main level offers a welcoming family room, a bright dining area perfect for gatherings and a well-appointed kitchen boasting stainless steel appliances and a convenient island. Enjoy the outdoors on your private living space or cozy up by the fireplace. Upstairs, discover three peaceful bedrooms, including a large owner’s suite designed as a true retreat. This home won't stay on the market long! Now selling in Rochester, MN, The Ponds of Highland Hills is a beautiful community featuring new single-family homes and twin homes. Nestled around a scenic onsite pond, this neighborhood offers a peaceful setting with thoughtfully designed homes for modern living.

4957 Rudolf Lane NW, Rochester

Listing courtesy of Lennar Sales Corp.

$320,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7156287 MLS ⋅ 1,837 SqFt.

This well-maintained, 4 bedroom, 2 bath split-level home in NW Rochester is move-in ready! Inside enjoy a freshly painted interior and brand new carpet in the lower level, creating a warm and friendly space for the whole family. This property features a spacious 2-car garage with plenty of room for vehicles and extra storage. Step through the back door onto a spacious deck, just waiting for your choice of stain or paint to make it your own. The deck overlooks an extra-large backyard with a dedicated fenced-in space ideal for a vegetable or flower garden and currently is housing raspberry and strawberry plants. Conveniently located near schools, shopping, dining, parks and city bus route. This home perfectly blends space, comfort and accessibility. This home is a must see - schedule a showing today!

4805 25th Avenue NW, Rochester

Listing courtesy of Infinity Real Estate.

$339,900

ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 7156777 MLS ⋅ 2,980 SqFt.

Welcome home to this spacious 4-bedroom, 3-bathroom home with over 2,900 square feet, tucked away on a quiet cul-de-sac just off Elton Hills. Brand-new flooring runs throughout, so it's move-in ready from day one. There's room to spread out on every level, including a newly finished basement office/bonus room that works for remote work, a home gym, a playroom, or guest space. Location is a big part of this home's appeal. You're minutes from shopping, restaurants, and schools, with quick access to the main highways that connect you to the rest of Rochester. You get a quiet street and still have everything you need close by. Schedule your showing today!

3507 17th Avenue NW, Rochester

Listing courtesy of Keller Williams Premier Realty.

$260,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7152364 MLS ⋅ 1,152 SqFt.

Discover the charm of this beautifully updated home in a truly premier setting along the river and bike path, just minutes from downtown Rochester and Mayo Clinic. Inside, warm hardwood floors and thoughtful updates create an inviting atmosphere, including a remodeled main-level bedroom and bath plus a spacious upper-level bedroom. The finished lower level offers versatile space to fit your lifestyle—perfect for a rec room, family room, home office, or gym. Step outside and enjoy your own private retreat, where a fenced yard, mature trees, and tranquil views of Cascade Creek create the perfect backdrop for relaxing or entertaining. Gather around the grand outdoor fireplace, unwind on the patio, or take advantage of the nearby river and bike path for an easy dose of fresh air and recreation. A two-car garage provides convenient parking and additional storage, while numerous recent improvements add comfort and peace of mind, including a newer washer and dryer, water softener, doors, flooring, second-floor mini-split, landscaping, water heater, and more. With its exceptional location, flexible living spaces, and inviting outdoor amenities, this home offers a wonderful blend of comfort, convenience, and everyday lifestyle appeal.

1112 5th Avenue NW, Rochester

Listing courtesy of Real Broker, LLC..

$299,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7154758 MLS ⋅ 1,946 SqFt.

Welcome home! This inviting 3-bedroom, 2-bathroom Rochester property offers the perfect combination of comfortable living, recent updates, and fantastic outdoor space—all tucked away on a quiet street. With 1,946 square feet of living space, this home features new flooring, an updated kitchen, an updated bathroom, and a newer water heater, making it move-in ready and easy to enjoy. Step outside and discover a large deck overlooking the spacious backyard, creating the perfect setting for summer gatherings, outdoor dining, or simply relaxing at the end of the day. The oversized 2-car garage offers plenty of room for vehicles and storage, along with a 13x13-foot shop area ideal for hobbies, projects, or a home workshop. Located close to schools, parks, shopping, and major freeway access, this home offers both a peaceful neighborhood setting and everyday convenience. With its thoughtful updates, generous outdoor space, and versatile garage/shop area, this is a home you won't want to miss!

2642 11th Avenue NW, Rochester

Listing courtesy of Bridge Realty, LLC.

$399,990

ACTIVE Status ⋅ 4 Beds ⋅ 4 Baths ⋅ 7156737 MLS ⋅ 2,463 SqFt.

Under construction and available for a November closing! This stunning end-unit Taylor townhome offers the perfect blend of style and functionality with four spacious bedrooms and an open-concept layout ideal for both relaxing and entertaining. Sleek finishes, abundant natural light, and thoughtful details create a bright, inviting atmosphere throughout. The contemporary kitchen flows seamlessly into the dining area and Great Room, making it easy to gather with family and friends. Upstairs, three generous bedrooms—including a serene owner’s suite—provide comfortable private retreats for everyone. The finished walkout basement offers a fourth bedroom, full bath, and spacious recreation room. Whether you’re a first-time buyer, busy professional, or growing family, this home combines modern living and a premier location—a place you’ll love coming home to. Now selling in Rochester, MN, The Ponds of Highland Hills is a beautiful community featuring new single-family homes and twin homes. Nestled around a scenic onsite pond, this neighborhood offers a peaceful setting with thoughtfully designed homes for modern living.

4982 Rudolf Lane NW, Rochester

Listing courtesy of Lennar Sales Corp.

$329,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7153404 MLS ⋅ 2,434 SqFt.

Just minutes from downtown Rochester, Mayo Clinic, and Saint Mary’s Hospital, this home enjoys a distinctive hillside setting on a quiet residential street near Rochester Golf & Country Club. Its elevated location offers a sense of privacy with convenient access to dining, shopping, parks, and recreational trails. Fresh paint throughout, hardwood floors, and a refreshed lower level with new carpet create welcoming spaces for entertaining. The spacious primary suite features a walk-in closet and an updated bathroom with a double vanity, jetted soaking tub, and separate tiled walk-in shower. Three main-floor bedrooms and two full bathrooms provide a comfortable, practical layout, while the finished lower level offers additional space for hobbies, recreation, or a home office. Outside, established landscaping and a patio provide space to unwind, while the oversized two-car garage offers ample room for parking, storage, and workspace. With its unique southwest Rochester location, generous primary suite, versatile living spaces, and this home is ready for your next chapter. Come and check it out!

215 Highland Court SW, Rochester

Listing courtesy of Dwell Realty Group LLC.

$279,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7154228 MLS ⋅ 1,320 SqFt.

Great investment opportunity for an owner occupant or an investor! Currently rented month to month with an active rental certificate. Prime location near downtown with 3 bedrooms, 2 bathrooms with a rare 2 car garage! Ready to move in!

307 6th Street NW, Rochester

Listing courtesy of Infinity Real Estate.

$289,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7154216 MLS ⋅ 1,741 SqFt.

Fully remodeled inside and out! This isn't your typical 'flip' - everything here was done with an eye for quality! This home has a fantastic floorplan and is located on over half an acre. New carport/shed is included for a small car or exterior storage. Here is your chance to buy an essentially-new-construction home on a mature wooded lot for a fraction of the price of a new home on a cramped city lot!

2115 E River Road NE, Rochester

Listing courtesy of Infinity Real Estate.

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