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Rental Market Trends in Oakdale, MN

Updated July 2026

The average rent in Oakdale, MN is $1,562/month.

Rent in Oakdale is roughly equal to the national average rent of of $1,663/month.

$1,562/month

Average Rent

882 Sq Ft

Average Size

+1.9%

Change / Year

572

Available Apartments

Oakdale rent varies by unit size and layout:

  • Studio apartments in Oakdale average $1,354 per month.
  • One-bedroom apartments in Oakdale average $1,562 per month.
  • Two-bedroom apartments in Oakdale average $1,991 per month.
  • Three-bedroom apartments in Oakdale average $2,677 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,354/month
497 Sq Ft
One Bedroom
$1,562/month
882 Sq Ft
Two Bedroom
$1,991/month
1,105 Sq Ft
Three Bedroom
$2,677/month
1,519 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,187/month
1,777 Sq Ft
View Oakdale Apartments

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

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Oakdale, MN

July 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
44% $1,501 - $2,000/month
11% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Oakdale?

Based on current rent prices, Sun Meadows is the most affordable neighborhood in Oakdale.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sun Meadows
$1,764/month
796 Sq Ft

What are the most expensive neighborhoods in Oakdale?

Based on current rent prices, Sun Meadows is the most expensive neighborhood in Oakdale.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sun Meadows
$1,764/month
796 Sq Ft

Which Oakdale neighborhoods have the most rentals available?

The neighborhood in Oakdale with the most apartments available is Sun Meadows .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Sun Meadows
$1,764/month
796 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 $1,562, you’ll want to make about $5,206 per month or $62,472 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

572 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.

View the Oakdale Area Guide

Apartment Averages

Sun Meadows

Oakdale, MN

Sun Meadows

Oakdale, MN

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Lake Elmo

    Lake Elmo

  • Maplewood

    Maplewood

  • White Bear Lake

    White Bear Lake

  • Woodbury

    Woodbury

Apartment Communities in Oakdale We Think You'll Love

Seasons Villas

Seasons Villas

8630-8847 Summer Wind Alcove,
Woodbury, MN 55125

2 Beds | $2,081 - $2,444

The Oakmark

The Oakmark

7600 2nd St N,
Oakdale, MN 55128

Studio - 3 Beds | $1,295 - $5,373

Royce Townhomes

Royce Townhomes

7600 3rd St N,
Oakdale, MN 55128

2-3 Beds | Call for Rent

Oakdale Commons - 55+

Oakdale Commons - 55+

1135 Hadley Ave N,
Oakdale, MN 55128

1-2 Beds | $1,410 - $1,875

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Frequently Asked Questions

What is the average rent in Oakdale?

The average rent in Oakdale is $1,562 per month, which is 6.1% lower than the national average of $1,663.

Are rents going up or down in Oakdale?

Rents in Oakdale, MN are increasing, with prices up 1.9% year-over-year and $30 more per month.

What rent range is most common in Oakdale?

In Oakdale, MN, 44% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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.

* 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