Rochester Homes under $400,000

Welcome to Rochester, Minnesota, a vibrant city nestled in the heart of Olmsted County, where charm meets opportunity! Known for its rich history and strong sense of community, Rochester is not only famous for being home to the renowned Mayo Clinic but also for its diverse neighborhoods and welcoming atmosphere. With an array of parks, cultural attractions, and a thriving arts scene, this city offers a quality of life that is truly unmatched.

For those looking to plant roots in Rochester, there’s an exciting selection of homes available under $400,000. Whether you're a first-time homebuyer, a growing family, or someone seeking a peaceful retreat, you’ll find a variety of properties that cater to your needs. From cozy single-family homes with spacious yards to modern townhouses in lively communities, Rochester's housing market is both accessible and inviting.

Imagine enjoying your weekends exploring the picturesque trails of Silver Lake Park or indulging in the local flavors at the Rochester Farmers Market. The city boasts excellent schools, a robust healthcare system, and plenty of recreational activities, making it an ideal place to call home.

With homes under $400,000, Rochester provides an incredible opportunity for buyers to invest in a city that continues to grow and thrive. Don’t miss your chance to be a part of this dynamic community where you can enjoy everything from family-friendly events to a bustling downtown filled with shops and restaurants. Discover your dream home in Rochester today!

Newest Rochester Homes under $400,000

$147,000

3 Beds ⋅ 2 Baths ⋅ 7155473 MLS

Home is in the Community Land Trust (CLT), must income qualify, no more than $108,600/household at the time of purchase. Three bedroom, two bathroom split level townhome.

4233 Mallard Place SE, Rochester

Listing courtesy of Edina Realty, Inc..

$318,000

2 Beds ⋅ 3 Baths ⋅ 7155379 MLS

Step into modern comfort and effortless, low-maintenance living in this newer Harvest Square townhome, nestled in desirable Northwest Rochester. Designed for both daily living and easy entertaining, the main level boasts a sunlit open-concept layout centered around an upgraded kitchen with sleek quartz countertops, stainless steel appliances, and a massive center island. Off the garage entrance, custom built-in cubbies keep everyday drop-offs organized and out of sight. The upper level features two spacious bedrooms, including a private owner's suite, two full baths, and a convenient top-floor laundry room. A main-level guest bath adds extra ease for visitors. Looking to expand or build equity? The unfinished lower level is already roughed-in for a full bathroom, a third bedroom, and a large great room—giving you the perfect blank canvas to customize. Enjoy total peace of mind with HOA-covered exterior maintenance, lawn care, and snow removal, plus the convenience of an attached garage. All of this sits just steps from neighborhood parks, walking trails, and direct access to the famous Douglas Trail.

5237 Harvest Square Place NW, Rochester

Listing courtesy of Re/Max Results.

$224,900

3 Beds ⋅ 2 Baths ⋅ 7154627 MLS

Welcome home to modern and convenient living! This updated 2-bedroom, 2-bathroom condo is located on Rochester's northwest side and features expansive updates throughout. The updated kitchen includes granite countertops, a sink, an over-the-range microwave, a range, and a refrigerator. Laminate flooring runs through the upper level, and Andersen windows bring in plenty of natural light. The upstairs bathroom has been refreshed with a new floor, walk-in shower, vanity, and sink. Downstairs, the family room offers flexible space for movies, hobbies, or a home office, alongside a convenient lower-level bathroom. The large lower-level storage area provides endless possibilities and could easily serve as a workshop or exercise area. Additionally, the recently finished and painted attached garage adds great functionality. Cozy up by the gas fireplace in cooler months, or step out onto the deck when it's warm. Enjoy the quiet, serene setting with green space right out your front door. Located just a short walk from the bus line, park trails, athletic center, restaurants, shops, and schools. Schedule your showing today! Professional photos coming!

1930 26th Avenue NW, Rochester

Listing courtesy of Re/Max Results.

$319,900

4 Beds ⋅ 3 Baths ⋅ 7145883 MLS

Welcome home to this desirable multi-level property perfectly situated in the highly sought-after John Adams neighborhood of Northwest Rochester. Offering an ideal blend of functional living space and classic charm, this 4-bedroom, 3-bathroom residence presents an incredible opportunity for its next owner.Step inside to discover a bright and welcoming layout. The main level features a beautiful eat-in kitchen complete with crisp white cabinetry, seamlessly transitioning into a formal dining area boasting rich hardwood floors. From the dining area, sliding glass doors open directly to your private back deck, creating a seamless flow for indoor-outdoor entertaining and summer barbecues. The thoughtful floor plan places three comfortable bedrooms on a single level, including a spacious primary suite equipped with its own private half-bath. The lower levels add excellent versatility, showcasing a cozy informal living area accented by a classic wood fireplace—perfect for crisp Minnesota evenings. A generously sized mudroom and dedicated laundry area provide day-to-day convenience right where you need it most, along with a 4th bedroom that can easily become a great office or flex space. Outside, the property sits on a large, fully fenced lot. A matching storage shed offers ample space for tools and outdoor gear. Located just moments away from local schools including Elton Hills Elementary, John Adams Middle, and John Marshall High School, this home combines neighborhood tranquility with exceptional city convenience.

3421 15th Avenue NW, Rochester

Listing courtesy of Century 21 Atwood Rochester.

$178,000

2 Beds ⋅ 1 Baths ⋅ 7155154 MLS

Home is in the Community Land Trust (CLT), home has been renovated, 2 bedrooms and 1 bathroom on main floor. Must income qualify, no more than $106,800/household at the the time of purchase.

1530 3rd Street NE, Rochester

Listing courtesy of Edina Realty, Inc..

1903 Greenview Place SW Unit 1, Rochester

$149,900

2 Beds ⋅ 1 Baths ⋅ 7155007 MLS

Enjoy the convenience of homeownership in southwest Rochester! This affordable 2-bedroom condo offers comfortable one-level living, a one car garage, and a low-maintenance lifestyle. Fresh paint, replacement windows, and all appliances make this home move-in ready. Conveniently located near shopping, dining, healthcare, and everyday amenities, this is a great opportunity to own your own home and enjoy the freedom of condo living without the responsibilities of maintaining the exterior.

1903 Greenview Place SW Unit 1, Rochester

Listing courtesy of Elcor Realty of Rochester Inc..

$209,900

2 Beds ⋅ 1 Baths ⋅ 7155045 MLS

This house is the sweetest move-in ready home in town! With new flooring throughout, fresh paint, new lighting, brand new appliances, new cabinets, new countertops and backsplash all that's left is just to move in! You will love summers hanging out in the large flat backyard and the two car garage means not having to clear your car off this winter before work! The clean unfinished basement is just waiting for you to put your personal touches on it! Come and see this lovely home today and say goodbye to renting forever!

1520 5th Street NE, Rochester

Listing courtesy of Pursuit Real Estate Group.

$299,900

3 Beds ⋅ 3 Baths ⋅ 7154839 MLS

1806 17 1/2 Street NW, Rochester

Listing courtesy of Real Broker, LLC..

$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..

$344,900

3 Beds ⋅ 2 Baths ⋅ 7154521 MLS

Beautifully renovated 3-bedroom, 2-bath home in Rochester, ideally located with a private backyard that backs up to Indian Heights Park. This move-in-ready home features new appliances, roof, siding, garage door, flooring, and carpet. The updated kitchen offers quartz countertops, while both bathrooms have been completely renovated. Fresh paint throughout, along with new LVP and carpet, gives the entire home a clean, modern feel.

528 19th Street NW, Rochester

Listing courtesy of Edina Realty, Inc..

$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.

$325,900

4 Beds ⋅ 2 Baths ⋅ 7148778 MLS

WOW! There’s truly nothing left to do but move right in! This completely updated 4-bedroom, 2-bath home offers peace of mind with major updates already completed. Enjoy an attached 2-car garage, plus a spacious cement parking pad added in 2022—perfect for RV or boat parking. New Windows & Siding in 2021. Remodeled the basement, replaced the washer & dryer and added a sump pump in 2022. Remodeled Kitchen and Bathroom, and replaced Furnace & AC in 2024. With so many updates already taken care of, you can move in, settle down, and enjoy your new home without the worry of a long to-do list. You will also enjoy this oversized corner lot with tons of space for everyone.

1464 6th Avenue SE, Rochester

Listing courtesy of Dwell Realty Group LLC.

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