Last updated December 31 2025 at 1:17 AM
1 of 2
First Banks
- 213 units available
- Studio • 1 Bed • 2 Beds • 3+ Beds
- Location
- 705 1st Avenue Southwest, Rochester MN 55902, Historic Southwest
- Amenities
- In unit laundry, Patio / balcony, Pet friendly, Parking, Recently renovated, Stainless steel + more
- Price range
- $1,500 - $3,700 per month
- Commute
Price and Availability
First Banks apartments start at $1,500/month. There are 213 available apartments priced from $1,500 to $3,700. Prices were last verified by First Banks 1 hour ago.
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Unit 327
Avail. Jan 6
$1,500
Unit 339
Avail. Jan 6
$1,525
Unit 419
Avail. Jan 6
$1,525
Unit 519
Avail. Jan 6
$1,525
Unit 302
Avail. Jan 6
$1,900
Unit 316
Avail. Jan 6
$1,900
Unit 329
Avail. Jan 6
$1,900
Find apartments similar to First Banks
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Location
Amenities
In unit laundry
Patio / balcony
Pet friendly
Parking
Recently renovated
Stainless steel
Unit Amenities
fireplace
in unit laundry
patio / balcony
walk in closets
recently renovated
stainless steel
Property Amenities
pet friendly
business center
clubhouse
coffee bar
courtyard
gym
parking
playground
pool
pool table
bbq/grill
bike storage
hot tub
lobby
tennis court
yoga
cats allowed
dogs allowed
Find the ultimate home sanctuary in Rochester, MN. First Banks offers spacious studio, 1, 2 and 3-bedroom apartments with sophisticated finishes and all-inclusive access to intentional on-site amenities. The property also features premium two-story walk-out units and seventh-floor penthouse units with upgraded finishes. The pet-friendly community is located three blocks from the Mayo Clinic and within walking distance to downtown. Enjoy park views and access to walking paths, tennis courts, a playground and a recently completed aquatics center. Unit features: elevated 9-foot ceilings, walk-in closets, in-home washer dryer, upgraded painted cabinetry, open-concept living spaces and stainless steel appliance package. Select units have upgraded finishes and features. Community amenities: fitness yoga studio, third-story amenity deck with grilling stations and spa, grab-and-go mini market, grand lobby with dedicated mail and package room, bike storage, community clubroom with kitchen and fireplace, multi-sports simulator, pool table, outdoor courtyard, exclusive seventh-floor amenity deck and clubroom and makers crafting room.
Verified reviews
Property Details (Fees & Lease)
Must have 3x the rent in total household income (before taxes)
Pets allowed
Cats, dogs
limit
1
Explore the Area
People's Food Co-op
0.1 mi
ALDI
0.7 mi
Hy-Vee
0.7 mi
Cub Foods
1.1 mi
Fresh Thyme
1.2 mi
Brother's Bar & Grill
0.2 mi
La Dolce Vita
0.2 mi
Pizza Hut/Wing Street
0.2 mi
Pasquale's Neighborhood Pizzeria
0.2 mi
Twigs
0.2 mi
Med City Movers
0.1 mi
S Broadway & 1st Ave SE
0.1 mi
S Broadway & 9th St SE
0.2 mi
3rd Ave SE & 8th St SE
0.3 mi
3rd Ave SE & 6 1/2 St SE
0.3 mi
Mid Continent Airport
6.5 mi
Rogers Landing Field
6.7 mi
Rochester International Airport
7.6 mi
Private
7.8 mi
Thomas Field
11.3 mi
3 /10
Riverside Central Elementary School
PublicPK-5
516 Students
0.5 mi
8 /10
Friedell Middle School
Public6-8
461 Students
0.7 mi
9 /10
Lincoln K-8 Choice Elementary School
PublicK-8
423 Students
0.8 mi
6 /10
Folwell Elementary School
PublicPK-5
365 Students
1.0 mi
5 /10
Rochester Math And Science Academy
CharterK-8
327 Students
1.1 mi
Data provided by GreatSchools. Ratings are based on test scores and additional metrics when available.
Volleyball
0.1 mi
Outdoor Fitness
0.1 mi
Little Sluggers Practice Area
0.1 mi
Soldiers Field Memorial Park
0.1 mi
Riverside Picnic Area
0.1 mi
YMCA
0Riverside Picnic Area
0.1 mi
Pure Barre
0.2 mi
Splash Park
0.2 mi
Semva
0.3 mi
Animal Health Care
0.9 mi
Chuck & Don's Pet Food & Supplies
1.2 mi
Broadway Veterinary Hospital
1.5 mi
Med City Animal Hospital
1.6 mi
Christine's Pampered Pooches
1.7 mi
Getting Around
Walk & Transit Scores
Walk Score: 80 — Very Walkable, with shops and services easily within reach.Transit Score: —Public Transit Access
The Historic Southwest area benefits from access to public transit options, such asNearby public transit stops include:
- Med City Movers (~0.11 mi)
- S Broadway & 1st Ave SE (~0.13 mi)
- S Broadway & 9th St SE (~0.21 mi)
- 3rd Ave SE & 8th St SE (~0.31 mi)
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Frequently Asked Questions (FAQs)
First Banks has 213 units available starting at $1,500 per month. Check out the Price and Availability section for the most up-to-date unit information.
In Rochester, MN, the average rent is $1,610 for a studio, $1,791 for a 1-bedroom, $2,261 for a 2-bedroom, and $2,161 for a 3-bedroom. For more information on rental trends in Rochester, MN, check out our monthly Rochester, MN Rent Report.
Some of First Banks's amenities include in unit laundry, patio / balcony, and pet friendly. To see the other amenities this property offers, check out the Amenities section.
First Banks is not currently offering any rent specials.
Yes, First Banks is pet-friendly.
Yes, First Banks offers parking.
Yes, First Banks offers units with in unit laundry.
Yes, First Banks has a pool.
No, First Banks does not have accessible units.
No, First Banks does not have units with dishwashers.