Commercial Real Estate Market in Rochester, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 730 off-market properties in Rochester, IN. Commercial property asks $56/SF to buy and $6.00/SF/Yr to lease.
Market Trends
Rochester, IN spans 207.7 square miles in Fulton County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Rochester, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Rochester, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Rochester, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Rochester, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 41.7%
- Civic 25.4%
- Commercial 15.9%
- Industrial 15.1%
- Agricultural 1.9%
Largest Zones share of zoned land by district
Residential Cluster
Institutional And Recreation
Industrial Park Manufacturing
General Commercial
Lake Residential
Rochester, IN zones 2,834 acres across 12 districts. Commercial zoning covers 15.9% of zoned land, residential 41.7% and industrial 15.1%. The largest single district is Residential Cluster at 29.6%. For commercial buyers the practical constraint is that only 31% of land carries a commercial or industrial designation.
Residential Cluster (R1)
The “R1 ” (Residential Cluster/Medium Density) District is intended to provide a land use category for single family detached homes that have historically resided in clustered areas. The provisions that regulate this land use district should protect, maintain and promote the future and existing clusters of homes in and around the city, towns and village cent…
Market overview
Demographics & Economy
Rochester, IN has 14,288 residents in 6,646 households. Density runs 69 people per square mile. Median household income here is $64,009 and median gross rent $848 a month.
14,288
Population
6,646
Households
2.1
Avg Household Size
42
Median Age
16%
College-Educated
89%
High-School Grad
207.7 sq mi
ZIP Area
69
Density / Sq Mi
$64,009
Median Household Income
$40,210
Median Earnings
$848
Median Rent
$151,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Athens | — | — |
| Nyona Lake | — | — |
| Fulton | — | — |
| Macy | — | — |
Commercial property in Rochester, IN asks $56/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rochester?
Commercial property in Rochester, IN asks an average of $56 per square foot.
How much does it cost to lease commercial space in Rochester?
Asking lease rates in Rochester, IN average $6.00 per square foot per year.
What zoning applies to commercial property in Rochester?
Rochester, IN zones 2,834 acres across 12 districts, of which 15.9% is commercial and 15.1% industrial. The largest single district is Residential Cluster at 29.6% of zoned land. The “R1 ” (Residential Cluster/Medium Density) District is intended to provide a land use category for single family detached homes that have historically resided in clustered areas. The provisions that regulate this land use district should protect, maintain and promote the future and existing clusters of homes in and around the city, towns and village cent… Residential zoning covers 41.7% and open space 0%.
Where does Realmo's Rochester market data come from?
Realmo compiles Rochester, IN figures from 16 active sale listings, 2 active lease listings, 730 tracked off-market properties, the current Rochester zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 2 active for-lease listings in Rochester, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,834 zoned acres across 12 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
