Apartments for Rent in Cambridge, MN

Prices and availability in Cambridge, MN were last updated on 17 Sep 2026.

The best apartments in Cambridge, MN are: The Bridgewell Apartments, The Emerald Apartments & Townhomes, The Lodge at Oak Landing, Roosevelt Flats and Roosevelt Garden Estates.

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

The price range for a studio apartment in Cambridge, MN is between $1,115 and $1,530.

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 $1,144 and $2,023.

The price range for a 3-bedroom apartment in Cambridge, MN is between $1,315 and $2,494.

In Cambridge, 34% of the residents are renting compared to 66% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 29% of Cambridge's rentals, 50% are small-scale complexes with under 50 units, and 21% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Cambridge are about 16 years old, on average. Of these, 70% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 91% of the rental communities here are low-rise, garden-style communities, 9% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

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.