RentDataNowRentDataNow
City Report · MN

Oakdale

Pop. 28,585·18th most expensive in Minnesota·Oakdale rents are up 16.7% over the past year
Median rent (all units)
$1,937/mo
Year-over-Year
+16.7%
Month-over-Month
+5.4%
vs US Median
-$28
Rising (Monthly)
Be the first to discuss Oakdale rents ↓
Most AffordableMost Expensive
Oakdale · $1,937
More expensive than 55% of US cities · National median $1,965/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,937/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$77,000/yr
Local median income
$93,772/yr
Based on the 30%-of-income rule using Oakdale's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,340
2 BR
$1,630
3 BR
$2,170
4 BR+
$2,430
Research median
$1,630/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$23,244/yr
At $1,937/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 16.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+16.7% YoY, +5.4% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Oakdale, MN is majority owner-occupied, has a median income above the national average, 35.6% of residents hold a bachelor's degree or higher.

Population
28,585
Median income
$93,772
Median age
39.7
Renters
22.5%
Age distribution
22.2%
22.2%
24.2%
14.3%
17.1%
Under 1822.2%
18–3422.2%
35–5424.2%
55–6414.3%
65+17.1%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
67.9%
12.9%
White67.9%
Black9.5%
Hispanic5.4%
Asian12.9%
Other4.2%
Education (25+)
24.4%
33.6%
35.6%
No HS diploma6.4%
HS diploma24.4%
Some college33.6%
Bachelor's+35.6%
Housing tenure
77.5%
22.5%
Owner77.5%
Renter22.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Oakdale, MN has changed in 5 years

Income
$78,586 → $93,772
up 19.3%
Population
28,019 → 28,585
up 2.0%
Renter share
22.4% → 22.5%
+0.1 pts
Bachelor's+
32.1% → 35.6%
+3.5 pts
Median age
41.9 → 39.7
-2.2 yrs

Household income in the area moved from $78,586 to $93,772 across the same window, up 19.3% versus 2021. Census counts show Oakdale, MN adding about 566 residents over the five-year window, up 2.0% on net. Bachelor's-degree-or-higher attainment moved from 32.1% to 35.6% across the same window.

Community

Discussions about Oakdale

No discussions yet. Start the conversation.

View Oakdale rent history (2015–2026) →
Salary vs rent

Can you afford rent in Oakdale on your salary?

At $1,937/mo, how Oakdale rent compares to typical pay (30% rule).

By apartment size

Oakdale rent by bedroom count

Median rent for each apartment size in Oakdale. Click any size for full breakdown.

Local insights

Tips for renters in Oakdale

About renting in Oakdale, MN

Last updated: July 20, 2026

The median rent in Oakdale is $1,937/mo as of July 2026. A studio apartment averages $1,180/mo while a 2-bedroom runs $1,630/mo. One-bedroom apartments average $1,340/mo and 3-bedroom units go for $2,170/mo.

At 25% of local median household income ($93,772/yr), Oakdale ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.7% over the past year.

FAQ

Frequently asked questions

Is Oakdale an affordable city for renters?

Oakdale is considered affordable for renters. At $1,937/mo, rent takes approximately 25% of the local median household income ($93,772/yr). The standard benchmark is 30%. Oakdale falls comfortably within that range.

How much income do you need to rent in Oakdale?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,937/mo in Oakdale. The local median household income is $93,772/yr, meaning the typical Oakdale household meets that threshold.

Is rent going up or down in Oakdale?

Rent in Oakdale has increased 16.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Oakdale rent compare to other cities in Minnesota?

Oakdale is one of the pricier cities in Minnesota for rent, ranking #18 out of 67 tracked cities at $1,937/mo.

Which nearby cities are cheaper to rent in than Oakdale?

Several nearby cities have lower median rents than Oakdale ($1,937/mo): North Saint Paul ($1,410/mo), South Saint Paul ($1,453/mo), Maplewood ($1,571/mo).

What percentage of Oakdale residents rent vs. own?

According to Census data, approximately 22.5% of Oakdale households are renters, while 77.5% are owner-occupied. Oakdale leans toward homeownership, which can mean a smaller rental inventory.

How does Oakdale rent compare to the national average?

Oakdale's median rent of $1,937/mo is $28 (1%) below the US national median of $1,965/mo. Within Minnesota, it ranks #18 out of 67 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,937/mo, rent takes ~25% of Oakdale's median household income ($93,772/yr). The standard benchmark is 30%.

Oakdale 25%Benchmark 30%
State income tax5.35–9.85%
Run the Oakdale affordability calculator →
Lowest-rent ZIP codes in Oakdale
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oakdale, MN

Recent submissions

Be the first to submit your rent for Oakdale.

Recent discussions

No discussions yet.