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Rental Market Trends in Oakdale, MN

What is the average rent in Oakdale, MN?

$1,581/month

Average Rent

768 Sq Ft

Average Apartment Size

+5.9%

Increase in the Last Year

As of March 2026, the average rent in Oakdale, MN is $1,581 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Oakdale rent prices are 3% lower than the national average. When you rent an apartment in Oakdale, you can expect to pay about $1,290 per month for a studio, $1,581 for a one-bedroom apartment, and around $2,018 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,270 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,290/month
468 Sq Ft
One Bedroom
$1,581/month
768 Sq Ft
Two Bedroom
$2,018/month
1,083 Sq Ft
Three Bedroom
$4,270/month
1,837 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,974/month
1,859 Sq Ft
Four Bedroom
$3,600/month
2,625 Sq Ft

How much has average rent changed in Oakdale, MN?

In the past year, rent has increased by 5.9%, which averages out to $94 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Oakdale, MN
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Oakdale, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
44% $1,001 - $1,500/month
22% $1,501 - $2,000/month
33% Above $2,000/month

What salary do I need to live comfortably in Oakdale, MN?

Because the average rent in Oakdale is $1,581, you’ll want to make about $5,270 per month or $63,240 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Oakdale, MN

467 Available Apartments for Rent

Search for Nearby Apartments

How does Oakdale, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Oakdale, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Oakdale, MN

Apartment Averages

Nearby City Rent Trends

  • Lake Elmo Average Rent
  • Maplewood Average Rent
  • Mahtomedi Average Rent
  • White Bear Lake Average Rent
  • Woodbury Average Rent
  • Little Canada Average Rent

Apartment communities in Oakdale we think you'll love

Seasons Villas

Seasons Villas

8630-8847 Summer Wind Alcove,
Woodbury, MN 55125

$1,987 - $2,209 Total Monthly Price

2 Beds

The Bosk Apartment Homes

The Bosk Apartment Homes

6850 Ashwood Rd,
Woodbury, MN 55125

$1,638 - $1,833 Total Monthly Price

1-2 Beds

Norhart Oakdale

Norhart Oakdale

7600 2nd St N,
Oakdale, MN 55128

$1,421 - $6,528 Total Monthly Price

Studio - 3 Beds

Oakdale Commons - 55+

Oakdale Commons - 55+

1135 Hadley Ave N,
Oakdale, MN 55128

$1,345 - $1,644 Plus Fees

1-2 Beds

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United States Minnesota Oakdale Rental Trends

Methodology

† 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity