The Espen Residences
3998 Hayward Ave N,
Oakdale, MN 55128
$1,416 - $3,110 Total Monthly Price
Studio - 3 Beds
Rental Market Trends in Oakdale, MN
What is the average rent in Oakdale, MN?
$1,540/month
Average Rent
773 Sq Ft
Average Apartment Size
+1.9%
Increase in the Last Year
As of January 2026, the average rent in Oakdale, MN is $1,540 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Oakdale rent prices are 5% lower than the national average. When you rent an apartment in Oakdale, you can expect to pay about $1,327 per month for a studio, $1,540 for a one-bedroom apartment, and around $1,975 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,261 or more.
Floor Plan Type
Average Rent
Average 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
How much has average rent changed in Oakdale, MN?
In the past year, rent has increased by 1.9%, which averages out to $30 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 January 2026
Legend
2025
2026
Rent Ranges in Oakdale, MN
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
44%
$1,001 - $1,500/month
33%
$1,501 - $2,000/month
22%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Oakdale?
Based on current rent prices, Oakdale Heights is the most affordable neighborhood in Oakdale.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Oakdale?
Based on current rent prices, Oakdale Heights is the most expensive neighborhood in Oakdale.
Neighborhood
Average Rent
Average Sq Ft
Which Oakdale neighborhoods have the most rentals available?
The neighborhood in Oakdale with the most apartments available is Oakdale Heights .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Oakdale, MN?
Because the average rent in Oakdale is $1,540, you’ll want to make about $5,133 per month or $61,596 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.
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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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 November 2025.
* Percentages may not total 100 due to rounding.