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  • First & Banks - First & Banks Apartments

First & Banks Apartments

709 1st Ave SW, Rochester, MN 55902

Floor Plan Summary
Monthly Rent Bedrooms Bathrooms
$1,500 - $3,700 Studio - 3 1 - 2.5

Pricing and Floor Plans

Rhodes (A1)

$1,525 - $1,675
Studio, 1 Bath
532 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
314
$1,525
532
12/3/25
318
$1,525
532
12/3/25
319
$1,525
532
12/3/25

Yarrow (A2 - Type A)

$1,500
Studio, 1 Bath
507 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
327
$1,500
507
12/3/25

Briar (B5)

$1,890 - $2,040
1 Bed, 1 Bath
707 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
313
$1,890
707
12/3/25
315
$1,890
707
12/3/25
317
$1,890
707
12/3/25

Sage (B3)

$1,865 - $1,900
1 Bed, 1 Bath
696 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
307
$1,865
696
12/3/25
309
$1,865
696
12/3/25
407
$1,865
696
12/3/25

Cosmo (B4)

$1,980 - $2,095
1 Bed, 1 Bath
753 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
404
$1,980
753
12/3/25
406
$1,980
753
12/3/25
408
$1,980
753
12/3/25

Reed (B2)

$1,900 - $2,050
1 Bed, 1 Bath
711 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
302
$1,900
711
12/3/25
316
$1,900
711
12/3/25
329
$1,900
711
12/3/25

Lily (B7)

$1,955 - $2,070
1 Bed, 1 Bath
701 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
338
$1,955
701
12/3/25
438
$1,955
701
12/3/25
538
$1,955
701
12/3/25

Fern (B1)

$1,775
1 Bed, 1 Bath
642 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
303
$1,775
642
12/3/25
403
$1,775
642
12/3/25
503
$1,775
642
12/3/25

Poppy (C2)

$1,975
1 Bed, 1 Bath
772 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
311
$1,975
772
12/3/25
411
$1,975
772
12/3/25
511
$1,975
772
12/3/25

Calla (C1)

$2,135 - $2,250
1 Bed, 1 Bath
905 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
324
$2,135
905
12/3/25
424
$2,135
905
12/3/25
524
$2,135
905
12/3/25

Ivy (B6 - Type A)

$1,895
1 Bed, 1 Bath
701 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
623
$1,895
701
12/3/25

Violet (B8)

$1,985
1 Bed, 1 Bath
671 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
711
$1,985
671
12/3/25

Magnolia (D4)

$2,895 - $3,045
2 Beds, 2 Baths
1,203 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
325
$2,895
1,203
12/3/25
425
$2,895
1,203
12/3/25
525
$2,895
1,203
12/3/25

Moss (Walkout 1)

$3,095
2 Beds, 1.5 Baths
1,246 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
101
$3,095
1,246
12/3/25
102
$3,095
1,246
12/3/25
103
$3,095
1,246
12/3/25

Daisy (D2)

$2,650 - $2,800
2 Beds, 2 Baths
1,069 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
300
$2,650
1,069
12/3/25
400
$2,710
1,069
12/3/25
500
$2,710
1,069
12/3/25

Wisteria (D6)

$2,700 - $2,825
2 Beds, 2 Baths
1,084 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
341
$2,700
1,084
12/3/25
441
$2,700
1,084
12/3/25
541
$2,700
1,084
12/3/25

Clove (D7)

$2,955 - $3,045
2 Beds, 2 Baths
1,239 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
342
$2,955
1,239
12/3/25
442
$2,955
1,239
12/3/25
542
$2,955
1,239
12/3/25

Iris (D1)

$2,625 - $2,650
2 Beds, 2 Baths
1,056 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
301
$2,625
1,056
12/3/25
401
$2,650
1,056
12/3/25
501
$2,650
1,056
12/3/25

Saffron (D3)

$2,685 - $2,800
2 Beds, 2 Baths
1,067 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
412
$2,685
1,067
12/3/25
512
$2,685
1,067
12/3/25
612
$2,685
1,067
12/3/25

Hazel (E1)

$2,995
2 Beds, 2 Baths
1,394 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
337
$2,995
1,394
12/3/25
537
$2,995
1,394
12/3/25
637
$2,995
1,394
12/3/25

Dahlia (Parkside Loft)

$2,995
2 Beds, 2 Baths
1,348 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
115
$2,995
1,348
12/3/25
114
$2,995
1,348
12/3/25

Indigo (Penthouse 2)

$3,450
2 Beds, 2 Baths
1,184 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
707
$3,450
1,184
12/3/25
732
$3,450
1,184
12/3/25

Flora (E2 - Type A)

$3,050
2 Beds, 2 Baths
1,393 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
437
$3,050
1,393
12/3/25

Thorne (Walkout 2)

$3,145
2 Beds, 2 Baths
1,272 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
105
$3,145
1,272
12/3/25

Rue (Penthouse 3)

$3,250
2 Beds, 2 Baths
1,088 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
717
$3,250
1,088
12/3/25

Bramble (Penthouse 5)

$3,250
2 Beds, 2 Baths
1,096 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
713
$3,250
1,096
12/3/25

Hawthorn (L/W 1)

$3,295
2 Beds, 2.5 Baths
1,341 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
113
$3,295
1,341
12/3/25

Blossom (L/W 3)

$3,320
2 Beds, 2.5 Baths
1,480 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
111
$3,320
1,480
12/3/25

Linden (L/W 2)

$3,350
2 Beds, 2.5 Baths
1,508 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
112
$3,350
1,508
12/3/25

Kale (Penthouse 6 - Type A)

$3,450
2 Beds, 2 Baths
1,393 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
737
$3,450
1,393
12/3/25

Basil (Penthouse 4)

$3,650
2 Beds, 2 Baths
1,209 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
736
$3,650
1,209
12/3/25

Elowen (Penthouse 1)

$3,650
2 Beds, 2 Baths
1,242 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
705
$3,650
1,242
12/3/25

Willow (L/W 4)

$3,700
2 Beds, 2.5 Baths
1,739 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
110
$3,700
1,739
12/3/25

Juniper (F1)

$3,600 - $3,650
3 Beds, 2 Baths
1,375 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
305
$3,600
1,375
12/3/25
405
$3,650
1,375
12/3/25
505
$3,650
1,375
12/3/25

Linnea (F2)

$3,660
3 Beds, 2 Baths
1,280 Sq. Ft.

Show Floor Plan Details

Dec. 3
Unit
Price
Sq. Ft.
Available
336
$3,660
1,280
12/3/25
436
$3,660
1,280
12/3/25
536
$3,660
1,280
12/3/25
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Map of First & Banks

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The Closest Campus to First & Banks Apartments is University Of Minnesota-Rochester

Nearby Colleges and Universities

School

Commute Time (Distance)

Univ. Of Minn.-Rochester

Walk: 9 min (0.5 mi)

Details

Property Information

  • Built in 2025
  • 219 units / 3 stories

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Cats Allowed

  • Fee Not Specified

Dogs Allowed

  • Fee Not Specified

Property Highlights

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.

  • Corner Unit
  • River View
  • Club Level
  • Live/Work Walkout
  • Walkout
  • Park View

Apartment Features

  • Den
  • Range
  • Stainless Steel Appliances
  • Walk-In Closets
  • Washer/Dryer

Community Features

  • Bicycle Storage
  • Elevator
  • Fitness Center
  • Pet Washing Station
  • Roof Terrace
  • Walking/Biking Trails

Area Scores

Walk Score ®

Very Walkable80 / 100

Bike Score ®

Very Bikeable82 / 100

Soundscore ™

Active70 / 100

Transit

Airport
Rochester International
14 min Drive
Rochester International

Moving to Downtown Rochester, Rochester, MN

Shopping Centers

Shoppers will appreciate First & Banks Apartments proximity to Soldier Field Plaza, Centerplace Galleria, and Crossroads Shopping Center. Soldier Field Plaza is 0.2 miles away, and Centerplace Galleria is within a 10 minute walk.

Parks and Recreation

Recreational activities near First & Banks Apartments are plentiful. Discover 1 park within 3.5 miles, including Quarry Hill Nature Center.

Airports

Living in Downtown Rochester provides easy access to Rochester International, located just 12 minutes from First & Banks Apartments.

Property Details

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.

First & Banks Apartments is located in Rochester, MN in the 55902 zip code.

Enclave

Contact

Property Address:
709 1st Ave SW,
Rochester, MN 55902
Phone Number: (507) 516-3249
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • MondayCLOSED
  • TuesdayCLOSED
  • WednesdayCLOSED
  • ThursdayCLOSED
  • FridayCLOSED
  • SaturdayCLOSED

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