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If you are looking to move here, then you should take all these factors into account when choosing a neighborhood. Here are some local favorites that are hot renting spots in Rochester ny: Park Ave, NOTA, South Wedge, Corn Hill, and the St. Paul Quarter. Park Ave is a favorite amongst young professionals and college students. Despite its popularity, inexpensive apartments can be found at about $500 to $650 a month for one bedrooms, even less for studios.