Median Age
39 Years
Largest Age Group
10-19 Years
Approximately 14% of Residents
Under 20
27%
Over 65
18%
Avg Rent
$1,263
Population
11,494
Renter Mix
31% Rent
Cambridge sits along the banks of the Rum River about 45 miles north of Minneapolis, making it one of the more self-contained small cities in the Twin Cities metro region. Downtown is genuinely walkable, with restaurants, coffee shops, bakeries, and a movie theater all within easy reach of surrounding neighborhoods. The Rum River itself runs through the heart of the city, offering a natural backdrop for daily life that few towns of this size can match. The rental market in Cambridge covers a solid range of options. You'll find garden apartments, single-story and two-story apartment communities, and condos, along with a growing number of townhomes. The Cambridge campus of Anoka-Ramsey Community College adds a steady academic presence to the city. Cambridge has active sister-city relationships with communities in Sweden, Japan, and Croatia.
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 July 2026, the average apartment rent in Cambridge, MN is $1,098 for a studio, $1,263 for one bedroom, $1,505 for two bedrooms, and $2,088 for three bedrooms. Apartment rent in Cambridge has increased by 4.4% 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 6-8
3 Students
Public
Grades K-12
Riverside Academy Intermediate School
Public
Grades 9-12
34 Students
Public
Grades 9-12
1,605 Students
Public
Grades 9-12
40 Students
Public
Grades 9-12
36 Students
Public
Grades 9-12
23 Students
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
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© 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 June 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.