Oakdale, MN Rental Market Trends
Last updated: April 26, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Oakdale is $1,780, a 2.54% increase compared to the previous year, when the average rent was $1,736.
One-bedroom apartments provide 803 square feet for $1,601, balancing privacy and affordability.
Two-beedroom units at $1,961 offer 1,115 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,397 sq ft) for $2,580, suitable for larger households.
Average rent in Oakdale, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,780 | 947 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,601 | 803 sq. ft. |
| 2 Beds | $1,961 | 1,115 sq. ft. |
| 3 Beds | $2,580 | 1,397 sq. ft. |
Oakdale, MN rent trends
Rental prices in Oakdale, MN have increased by 2.54% over the past year. The average rent moved from $1,736 to $1,780.
What's the typical rent budget in Oakdale, MN?
The largest share of rentals in Oakdale, MN (37%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Oakdale, MN?
2,606 or 23% of the households in Oakdale, MN are renter-occupied while 8,907 or 77% are owner-occupied.
How Oakdale Compares to Other Cities
| City | Average Rent |
|---|---|
| Oakdale | $1,780 |
| Minneapolis | $1,683 |
| St. Paul | $1,526 |
| Moorhead | $1,109 |
| Rochester | $1,663 |
| St. Cloud | $1,187 |
| Bloomington | $1,698 |
| Mankato | $1,423 |
| St. Louis Park | $1,762 |
| Edina | $1,848 |
| Minnetonka | $1,997 |
| Woodbury | $2,132 |
| Eagan | $1,700 |
| Roseville | $1,451 |
| Maplewood | $1,446 |
| Forest Lake, MN | $1,516 |
| Fridley, MN | $1,471 |
| West St. Paul, MN | $1,355 |
| Richfield, MN | $1,407 |
| New Brighton, MN | $1,355 |
| Golden Valley, MN | $1,906 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Oakdale apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.