Receive up to $2,500 in rent credit when you move in by September 30, 2026. Contact us for details on this limited time offer.
80 units available nowAvailability
Pets welcomePet policy
WasherIn unit
Very walkableWalk Score
PoolCommunity
Fitness centerCommunity
09/04 last updated • 34 views • 1 favorite
Floor plans
Fees may apply - view fees
Summary
Studio$1,625
1 Bed$1,799
2 Bed$2,495
3 Bed$2,895
Studio (2)
No image
Apartment
$80 PRICE DROP
$1,625/mo
1 Bath · 532 Sqft.
No image
Apartment
$200 PRICE DROP
$1,775-$1,975/mo
1 Bath · 711 Sqft.
1 Bed (3)
No image
Apartment
$1,799-$1,975/mo
1 Bath · 707 Sqft.
No image
Apartment
$1,930/mo
1 Bath · 701 Sqft.
2 Bed (12)
No image
Apartment
$300 PRICE DROP
$2,495-$2,995/mo
1.5 Baths · 1,246 Sqft.
No image
Apartment
$100 PRICE DROP
$2,995-$3,395/mo
2 Baths · 1,348 Sqft.
3 Bed (2)
No image
Apartment
$145 PRICE DROP
$2,895-$3,650/mo
2 Baths · 1,280 Sqft.
No image
Apartment
$505 PRICE DROP
$3,195-$3,775/mo
2 Baths · 1,375 Sqft.
Floor plans are artist's rendering. All dimensions are approximate. Actual product and specifications may vary in dimension or detail. Not all features are available in every rental home. Prices and availability are subject to change. Base rent is based on monthly frequency. Additional fees may apply, such as but not limited to package delivery, trash, water, amenities, etc. Deposits vary. Please see a representative for details.
Contact First & Banks
Policies
PetsDogs allowed, Cats allowed
Dogs allowed
Cats allowed
Lease termsDeposit: $500
Deposit
$500
Amenities
In-unitCourtyard, View, Washer
Courtyard
View
Washer
CommunityBicycle storage, Business Center, Fitness Center
Bicycle storage
Business Center
Fitness Center
Pool
Tennis Court
TV Lounge
Barbecue Area
Deck
Office
Clubroom
Trash Chutes
Live/Work Walkout
Pool Table
24/7 Mini Mart
Community Kitchen
Club Level
Pet Washing Station
Walkout
Crafting Room
Yoga Studio
Complimentary Coffee/Espresso Bar
Corner Unit
Interactive Sports Simulator
Pet Friendly
About First & Banks
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.
Provided by Zillow
Around First & Banks
Schools
Places
Transit
8/10
Folwell Elementary School
Public, PreK-5 • Assigned • 1.1mi
5/10
John Adams Middle School
Public, 6-8 • Assigned • 3.0mi
9/10
Mayo Senior High School
Public, 9-12 • Assigned • 1.2mi
Provided by GreatSchools
About Historic
Southwest
Historic Southwest, located between Downtown Rochester and the Mayo Clinic campus, is a historic and walkable Rochester neighborhood with tree-lined streets and early-20th-century architecture. The neighborhood’s character concentrates along 2nd Street SW near Soldiers Field Park, where ballfields, shaded paths, and a steady stream of walkers set the daily rhythm. Tudor revivals, Craftsman bungalows, and brick colonials give the blocks a cohesive, lived-in look. The Plummer House anchors the area with formal gardens and a museum-like calm. For a local night out, Thesis Beer Project and Forager Brewery sit nearby with taproom energy and seasonal menus. Sidewalks and pocket parks keep errands and recreation on foot.
Provided by Walk Score and Local Logic
Historical weather
Rochester, MN • 55902
Average low and high temperatures (°F)
23
7
31
15
49
29
57
39
69
49
78
60
82
65
77
61
76
56
64
46
45
31
29
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.
All information is deemed reliable but not guaranteed. Redfin and its affiliates may receive compensation if you contact a rental property or sign a lease.
First & Banks has 80 units.First & Banks is located in Rochester, the 55902 zipcode, and the Rochester Public School District. The full address of this building is 705 1st Ave SW Rochester, MN 55902.