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 townhome 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.
Special offer
Expires October 31, 2026
Townhomes
Studio-3 beds
Pet-friendly
Attached garage
In-unit laundry (W/D)
Available units
Price may not include required fees and charges.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending |
|---|---|---|---|
 Unit 529 Studio, 1 ba | 711 | Now | $1,775 |
Unit 629 Studio, 1 ba | 711 | Now | $1,775 |
 Unit 315 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 317 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 321 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 323 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 413 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 417 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 421 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 423 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 433 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 513 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 515 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 523 1 bd, 1 ba | 707 | Now | $1,825 |
Unit 527 1 bd, 1 ba | 707 | Now | $1,825 |
What's special
Swimming pool
Cool down on hot days
This building features access to a pool. Less than 12% of buildings in Rochester have this amenity.
Open-concept contemporary kitchensSophisticated spacesWood-inspired flooringFilled with natural lightIn-home washer and dryerTile backsplashQuartz countertopsThree rooftop decks
Property map
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Facts, features & policies
Community Amenities
Community Rooms
- Business Center
- Fitness Center
- Lounge: Sky Lounge (exclusive)
- Pet Washing Station
Other
- Laundry: In Unit
- Swimming Pool: Pool Spa
Outdoor common areas
- Barbecue: Community Grilling Station
- Deck: Amenity Deck
Services & facilities
- Bicycle Storage: Bike Storage
View description
- Park View
- River View
Unit Features
Appliances
- Dryer: Washer And Dryer In-Unit
- Washer: Washer And Dryer In-Unit
Cooling
- Air Conditioning
Other
- Club Level
- Corner Unit
- Den
- Live/Work Walkout
- Walkout
Policies
Parking
- Attached Garage
- Covered Parking: Covered Parking (heated)
Pet essentials
- DogsAllowedSmall and large OK
- CatsAllowed
Special Features
- 24/7 Mini Mart
- Clubroom
- Community Kitchen
- Complimentary Coffee/Espresso Bar
- Courtyard
- Crafting Room
- Interactive Sports Simulator
- Pool Table
- Trash Chutes
- Yoga Studio
Neighborhood: Historic Southwest
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
/ 100
Very WalkableBike Score®
/ 100
Very BikeableNearby schools in Rochester
Folwell Elementary School
Grades PK-5 • 1.1 miles8/10
GreatSchools® Rating
Test Score Rating
9/10Student Progress Rating
7/10John Adams Middle School
Grades 6-8 • 3.1 miles5/10
GreatSchools® Rating
Test Score Rating
7/10Student Progress Rating
3/10Mayo Senior High School
Grades 9-12 • 1.2 miles9/10
GreatSchools® Rating
Test Score Rating
8/10College Readiness Rating
9/10Living in Rochester
- Community VibeResidents take pride in their community, often gathering for local events and festivals that celebrate the area's culture.
- Dining SceneA diverse array of eateries offers everything from casual bites to fine dining, catering to various tastes.
- Family VibesThe area boasts numerous parks and recreational facilities, perfect for family outings and activities.
- Green SpacesThe neighborhood is dotted with lush parks, providing peaceful spots for relaxation and play.
The 55902 area offers a charming blend of small-town warmth and modern conveniences, featuring a rich history reflected in its well-preserved architecture and community events. Residents enjoy a variety of local amenities, including cozy coffee shops, inviting restaurants, and ample parks for outdoor activities, making it an ideal place for families and pet owners alike. With a median rent around $1,200 and prices ranging from $900 to $1,600, this neighborhood provides a comfortable and affordable living experience close to nature and vibrant community life.
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Frequently asked questions
What is the walk score of First & Banks?
First & Banks has a walk score of 80, it's very walkable.
What schools are assigned to First & Banks?
The schools assigned to First & Banks include Folwell Elementary School, John Adams Middle School, and Mayo Senior High School.
Does First & Banks have in-unit laundry?
Yes, First & Banks has in-unit laundry for some or all of the units.
What neighborhood is First & Banks in?
First & Banks is in the Historic Southwest neighborhood in Rochester, MN.
Your dream home is waitingOne new unit was recently added to this community.
