City Report · MN

Oakdale

Pop. 28,585·22nd most expensive in Minnesota·Rental market data updated monthly for Oakdale, MN
Median rent (all units)
$1,858/mo
Year-over-Year
+4.2%
Month-over-Month
-0.2%
vs US Median
-$74
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Oakdale · $1,858
More expensive than 51% of US cities · National median $1,932/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,858/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$74,000/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
Fair Market Rent (HUD)
$1,630/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,858 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Minnesota

Rent in Oakdale changed +4.1% over the year to September 2026. Across the 53 Minnesota cities Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($93,772) is $2,344 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,170); a 4-bedroom is $2,430.

Cheaper nearby

North Saint Paul, 2 miles away, rents for 23% less ($1,422/mo), about $5,200 a year in savings.

From Zillow's monthly rent index (ZORI) for Oakdale. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,296/yr
At $1,858/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.2% YoY, -0.2% MoM), not inventory.
Rent check

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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

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

Can you afford rent in Oakdale on your salary?

At $1,858/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: October 17, 2026

The median rent in Oakdale is $1,858/mo as of October 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 24% of local median household income ($93,772/yr), Oakdale ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

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 $74,000/year (about $36/hour full-time) to afford the median rent of $1,858/mo in Oakdale. The local median household income is $93,772/yr, so the typical household meets that bar.

Is rent going up or down in Oakdale?

Rent in Oakdale has risen 4.2% over the past year.

How does Oakdale rent compare to other cities in Minnesota?

Oakdale is one of the pricier among Minnesota cities for rent, ranking #22 of 68 tracked cities at $1,858/mo. Over the year to September 2026, rent in Oakdale changed +4.1%, against a typical +3.4% across the 53 Minnesota cities Zillow tracks.

Which nearby cities are cheaper to rent in than Oakdale?

Nearby cities with lower median rent than Oakdale ($1,858/mo) include North Saint Paul ($1,422/mo), Maplewood ($1,488/mo), and South Saint Paul ($1,504/mo).
Income Affordability
24%
VERY AFFORDABLE

At $1,858/mo, rent takes ~24% of Oakdale's median household income ($93,772/yr). The standard benchmark is 30%.

Oakdale 24%Benchmark 30%
State income tax5.35–9.85%
Run the Oakdale affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Oakdale, MN

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