ZIP Code · MN

ZIP 55128

Part of Oakdale, MN

Pop. 29,384·Washington County·36th most expensive ZIP in Minnesota

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

ZIP 55128 · $1,858

More expensive than 53% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,240

1 BR

$1,400

2 BR

$1,700

3 BR

$2,250

4 BR+

$2,520

Research median

$1,700/mo

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

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 ZIP 55128 changed +4.1% over the year to September 2026. Across the 102 Minnesota ZIP codes 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 ($93,210) is $2,330 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,250); a 4-bedroom is $2,520.

Cheaper nearby

ZIP 55109, 4 miles away, rents for 19% less ($1,498/mo), about $4,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55128. 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

Location

CityOakdale

StateMN

CountyWashington County

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.

Demographics

Who lives here

ZIP 55128 (Oakdale, MN) is majority owner-occupied, has a median income above the national average, 34.9% of residents hold a bachelor's degree or higher.

Population

29,384

Median income

$93,210

Median age

39.6

Renters

22%

Age distribution

22.1%

22.3%

24.5%

14.1%

17%

Under 1822.1%

18–3422.3%

35–5424.5%

55–6414.1%

65+17%

Gender

50%

Male50%

Female50%

Race & ethnicity

67.1%

12.8%

White67.1%

Black9.3%

Hispanic6.6%

Asian12.8%

Other4.2%

Education (25+)

25%

33.3%

34.9%

No HS diploma6.7%

HS diploma25%

Some college33.3%

Bachelor's+34.9%

Housing tenure

78%

22%

Owner78%

Renter22%

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

2021 vs 2026

How ZIP 55128 in Oakdale, MN has changed in 5 years

Income

$77,327 → $93,210

up 20.5%

Population

28,766 → 29,384

up 2.1%

Renter share

21.8% → 22%

+0.2 pts

Bachelor's+

31.7% → 34.9%

+3.2 pts

Median age

41.6 → 39.6

-2.0 yrs

Household income in the area moved from $77,327 to $93,210 across the same window, up 20.5% versus 2021. Headcount in the area went from 28,766 to 29,384 between 2021 and 2024, a 2.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 31.7% to 34.9%.

Community

Discussions about ZIP 55128

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Local insights

Tips for renters in ZIP 55128

About renting in ZIP 55128

Last updated: October 17, 2026

ZIP code 55128 covers Oakdale, MN. The median rent here is $1,858/mo as of October 2026. A 1-bedroom rents for a median of $1,400/mo. A 2-bedroom rents for a median of $1,700/mo.

At 24% of local median household income ($93,210/yr), ZIP 55128 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 ZIP 55128?

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 ZIP 55128. The local median household income is $93,210/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55128?

Rent in ZIP 55128 has risen 4.2% over the past year.

How does ZIP 55128 compare to other ZIPs in Minnesota?

ZIP 55128 is one of the pricier among Minnesota ZIP codes for rent, ranking #36 of 123 at $1,858/mo. Over the year to September 2026, rent in ZIP 55128 changed +4.1%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.