The paper presents experimental investigations of pressure fluctuations near the tip clearance region of the rotor blades of the axial-flow low-speed compressor stage in stable and unstable parts of the overall performance characteristic. In this investigation, unsteady pressure was measured with the use of high frequency pressure transducers mounted on the casing wall of rotor passage. The pressure signals and their frequency characteristics were analyzed during the steady-state processes, before the rotating stall, during the transition from the steady-state process to the rotating stall, and during a stabilized phenomenon of low-frequency rotating stall. As the operating point moves to the unstable region of flow characteristic, an inception of the rotating stall can be observed, which rotates with a speed of about 41.4% of the rotor speed. The results of this study confirm that in the low-speed axial compressor stage operating in a rotating stall regime there appears one stall cell that spreads over to adjacent rotor blade channels. As the flow rate is reduced further, the frequency of the rotating stall decreased to 34.8% of the rotor speed and the number of blade channels with the stall cell increases.