Median Age
39 Years
Largest Age Group
10-19 Years
Approximately 14% of Residents
Under 20
27%
Over 65
18%
Avg Rent
$1,262
Population
11,494
Renter Mix
31% Rent
Forty-five miles due north of Minneapolis, Cambridge is a small and fairly secluded city on the banks of the Rum River. In spite of the community’s modest size, Cambridge hosts a thriving downtown district, with a diverse selection of restaurants, bakeries, coffee shops, neighborhood bars, specialty shopping, and a movie theater, all within walking distance of many surrounding neighborhoods.
Numerous public parks give folks great opportunities to get outdoors, from the charming Central Green to the popular Pine Village Skate Park. With its diverse blend of apartments, condos, and single-family homes, Cambridge’s rental market features great options for any taste or budget.
Median Household Income
$69,737
Average: $83,033
Education
1,958
Residents Have a Degree
Job Market
5,664
Workers Employed
Median Age
39 Years
Largest Age Group
10-19 Years
Approximately 14% of Residents
Under 20
27%
Over 65
18%
Housing Distribution
Cambridge has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Cambridge, MN is $1,099 for a studio, $1,262 for one bedroom, $1,497 for two bedrooms, and $1,925 for three bedrooms. Apartment rent in Cambridge has increased by 3.0% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Cambridge, MN is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
503 Students
Public
Grades PK-5
477 Students
Public
Grades K-12
Public
Grades 6-8
605 Students
Public
Grades K-12
Riverside Academy Intermediate School
Public
Grades 9-12
39 Students
Public
Grades 9-12
1,605 Students
Public
Grades 9-12
36 Students
Public
Grades 9-12
27 Students
Rum River East Education Program
Public
Grades 9-12
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.