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Rental Market Trends in Oakdale, MN

What is the average rent in Oakdale, MN?

$1,548/month

Average Rent

893 Sq Ft

Average Apartment Size

-0.1%

Decrease in the Last Year

As of April 2026, the average rent in Oakdale, MN is $1,548 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Oakdale rent prices are 6% lower than the national average. When you rent an apartment in Oakdale, you can expect to pay about $1,258 per month for a studio, $1,548 for a one-bedroom apartment, and around $1,946 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,984 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,258/month
484 Sq Ft
One Bedroom
$1,548/month
893 Sq Ft
Two Bedroom
$1,946/month
1,096 Sq Ft
Three Bedroom
$3,984/month
1,885 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
Four Bedroom
$3,411/month
2,574 Sq Ft

How much has average rent changed in Oakdale, MN?

In the past year, rent has decreased by 0.1%, which averages out to $1 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Oakdale, MN
Last Updated April 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

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Oakdale?

Based on current rent prices, Oakdale Heights and Annas Grove" are the most affordable neighborhoods in Oakdale.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oakdale Heights
$1,321/month
625 Sq Ft
Annas Grove
$1,620/month
1,222 Sq Ft

What are the most expensive neighborhoods in Oakdale?

Based on current rent prices, Annas Grove and Oakdale Heights" are the most expensive neighborhoods in Oakdale.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Annas Grove
$1,620/month
1,222 Sq Ft
Oakdale Heights
$1,321/month
625 Sq Ft

Which Oakdale neighborhoods have the most rentals available?

The neighborhoods in Oakdale with the most apartments available are Oakdale Heights and Annas Grove" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oakdale Heights
$1,321/month
625 Sq Ft
Annas Grove
$1,620/month
1,222 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Oakdale is $1,548, you’ll want to make about $5,160 per month or $61,920 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

481 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

Oakdale Heights

Oakdale, MN

Annas Grove

Oakdale, MN

Studio
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-
One Bedroom
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-
Two Bedroom
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Three Bedroom
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Search
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Nearby City Rent Trends

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  • Little Canada Average Rent

Apartment communities in Oakdale we think you'll love

The Bosk Apartment Homes

The Bosk Apartment Homes

6850 Ashwood Rd,
Woodbury, MN 55125

$1,718 - $1,858 Total Monthly Price

1-2 Beds

Seasons Villas

Seasons Villas

8630-8847 Summer Wind Alcove,
Woodbury, MN 55125

$2,024 - $2,275 Total Monthly Price

2 Beds

Norhart Oakdale

Norhart Oakdale

7600 2nd St N,
Oakdale, MN 55128

$1,299 - $5,985 Total Monthly Price

Studio - 3 Beds

Oakdale Commons - 55+

Oakdale Commons - 55+

1135 Hadley Ave N,
Oakdale, MN 55128

$1,395 Plus Fees

1 Bed

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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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity