Find property management in Rochester, MN
Learn what to look for, compare Rochester management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
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Rochester Property Managers (1)
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Bush Management Companies of Minnesota
- The Bush Advantage: We are a one of a kind “One Stop Shop” - A Certified Management & Relocation firm with over a decade of Direct Experience working on all types of leased residential homes,... View full company profileRed Wing, MN 55066
Market Info
Rochester Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Rochester property management companies to find and get quotes from multiple property managers in Rochester, Minnesota. You can also read our guide to hiring a property management company which covers everything from understanding property management fees to breaking down the property management contract.
Housing Market Stats
| Rochester | Minnesota | U.S. | |
|---|---|---|---|
| Median Home Value | $171,700 | $219,400 | $192,400 |
| Owner Costs > 30% Income | 16.4% | 18% | 14.7% |
| Gross Rent > 30% Income | 18.7% | 21.6% | 19.2% |
Rochester Housing Market Stats
As of 2008, the rental vacancy rate in Rochester stood at 9%, relatively high compared to the rest of the country. There are about 77,068 housing units, averaging $171,700 in value, 21% of which are occupied by renters. The rent to price ratio in Rochester is 0.4%, slightly higher than the Minnesota average. For 19% of Rochester tenants, 30% or more of their income goes to paying rent.
Demographic Stats
| Rochester | Minnesota | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 17.7 | 21.3 | 25.3 |
| Median Age | 36.9 | 36.2 | 36.7 |
| Avg Household Size - Owners | 2.64 | 2.56 | 2.7 |
| Avg Household Size - Renters | 1.84 | 2 | 2.42 |
| Median Household Income | $63,278 | $57,915 | $52,175 |
| Per Capita Income | $31,685 | $31,134 | $27,466 |
Rochester Demographic Info
Rochester has a population of 180,530, comprised of 71,653 households, with on average 2 members per household. Out of approximately 102,613 people in the civilian workforce, 99,166 (97%) were employed in 2008. 93% of the population 25 and older has earned a high school diploma, with 34% holding a 4 year college degree.