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Studio Apartments for Rent in Cambridge, MN - 1 Rental available

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Cambridge, MN Demographics

  • Total Population8,300
  • Female 4,147
    Male 4,153
  • Median Age37.9

Average Rent for Studios in Cambridge, MN

  • The average rent for studios in Cambridge, MN, September 2018$824/mo
  • Studio$668
  • 1 Bedroom$840
  • 2 Bedrooms$965

Cambridge, MN Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Sep / 2018 $824 $668
Jan / 2018 $824 $668
Sept / 2017 $816 $660
May / 2017 $815 $689
Jan / 2017 $780 $645
Sept / 2016 $788 $640
May / 2016 $784 $630
Jan / 2016 $770 $620
Sept / 2015 $770 $620
May / 2015 $772 $620

Cambridge, MN Households

  • Total Number of Households3,250
  • Family 1,870
    Non-family 1,380
  • Children 1,003
    No Children 2,247
  • Average People Per Household2.42
  • Median Household Income$43,630
  • Median Housing Costs Per Month$940

Cambridge, MN Education Statistics

  • No High School5%
  • Some High School41%
  • Some College27%
  • Associate Degree11%
  • Bachelor Degree12%
  • Graduate Degree4%

Renting a studio apartment in Cambridge, MN

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Cambridge, MN is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 1 listing with a total of 1 unit, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time.

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Cambridge, MN with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range.