Apartments for Rent in Cambridge, MN

Prices and availability in Cambridge, MN were last updated on 3 Nov 2026.

The best apartments in Cambridge, MN are: The Lodge at Oak Landing, The Emerald Apartments & Townhomes, The 601 Apartments, The Bridgewell Apartments and The Preserve of Cambridge.

The average rent in Cambridge, MN is $1,316.

The price range for a studio apartment in Cambridge, MN is between $1,115 and $2,023.

The price range for a 1-bedroom apartment in Cambridge, MN is between $1,115 and $1,900.

The price range for a 2-bedroom apartment in Cambridge, MN is between $1,075 and $2,023.

The price range for a 3-bedroom apartment in Cambridge, MN is between $1,075 and $2,494.

In Cambridge 34% of the housing is rented out compared to 66% of homes are owned, according to the most recent Census Bureau estimates. 29% of Cambridge's apartments are found in large buildings of 50 units or more, 50% are located in smaller apartment complexes with less than 50 units, and 21% are single-family rentals.

The average age of rental buildings in Cambridge is 16 years old, with 70% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 91% are garden-style apartment communities, 9% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Cambridge come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 45% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Cambridge. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.