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ZIP Code · MN

ZIP 55128

Part of Oakdale, MN
Pop. 29,384·Washington County·28th most expensive ZIP in Minnesota
Median rent (all units)
$1,937/mo
Year-over-Year
+16.7%
Month-over-Month
+5.4%
vs US Median
-$28
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 55128 · $1,937
More expensive than 57% of US ZIP codes · National median $1,965/mo
Rent check

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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: July 20, 2026

Annual cost
$23,244/yr
At $1,937/mo median
Location
StateMN
CountyWashington County
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.
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%
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

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Local insights

Tips for renters in ZIP 55128

About renting in ZIP 55128

Last updated: July 20, 2026

ZIP code 55128 covers Oakdale, MN. The median rent here is $1,937/mo as of July 2026. A 1-bedroom rents for a median of $1,400/mo. A 2-bedroom rents for a median of $1,700/mo.

At 25% of local median household income ($93,210/yr), ZIP 55128 ranks as affordable compared to the national benchmark of 30%. Rents have increased 16.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55128?

As of July 20, 2026, the median monthly rent in ZIP 55128 (Oakdale, MN) is $1,937. This is based on aggregated data from public sources and community submissions.

How does ZIP 55128 rent compare to the US average?

ZIP 55128's median rent of $1,937/mo is $28 (1%) below the US national median of $1,965/mo.

How does ZIP 55128 compare to other ZIPs in Minnesota?

ZIP 55128 is one of the pricier ZIP codes in Minnesota, ranking #28 out of 123 ZIPs tracked at $1,937/mo.

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 $77,000/year (~$37/hour full-time) to afford the median rent of $1,937/mo in ZIP 55128. The local median household income is $93,210/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55128?

Rent in ZIP 55128 has increased 16.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55128 an affordable place to rent?

ZIP 55128 is considered affordable for renters. At $1,937/mo, rent takes approximately 25% of the local median household income ($93,210/yr). The standard benchmark is 30%. ZIP 55128 falls comfortably within that range.

What percentage of ZIP 55128 residents rent vs. own?

According to Census data, approximately 22% of ZIP 55128 households are renters, while 78% are owner-occupied. ZIP 55128 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55128 compare to the rest of Oakdale?

ZIP 55128 sits right at the Oakdale citywide median of $1,937/mo.

When was rent data for ZIP 55128 last updated?

Rent data for ZIP 55128 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,937/mo, rent takes ~25% of ZIP 55128's median household income ($93,210/yr). The standard benchmark is 30%.

ZIP 55128 25%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55128 (Oakdale, MN)

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