1

Studio Apartment for Rent in Cambridge, MN

Section Image
  • /50

    Starting at $1,283

    Total Monthly Price

    • Studio - 2 Beds

    1920 Old Main St S, Cambridge, MN 55008

    Welcome to The Lodge at Oak Landing, Cambridges premier destination for luxury living.Our community offers market-rate studio, 1, and 2 bedroom apartments with thoughtfully designed floor plans.The building is three stories high over parking, with convenient central elevator accommodating all floors. Our residences offer exceptional amenities and beautiful design features, creating the

    The Lodge at Oak Landing

    1920 Old Main St S, Cambridge, MN 55008

Why Live in Cambridge

Cambridge, Minnesota, known as the "City on the Rum River," is a small city in Isanti County with a population of approximately 10,500 residents spread across 8 square miles. The city offers a blend of historic homes dating back to the early 1900s and newer developments from the 2000s, including ranch-style and split-level homes. Cambridge boasts a variety of things to do, including shopping and dining along Main Street, where cafes, pizza joints, and florists create a vibrant downtown atmosphere. The GTI Theatre screens new movies, and seasonal farmers markets provide fresh produce and baked goods. Outdoor enthusiasts can explore over 15 public parks and nature preserves, featuring walking trails, ice rinks, and fishing piers along the Rum River. The city hosts community events like Winterfest with dog sleds and snow sculptures, and summertime Concerts in the Park and Street Dances that bring residents together. Cambridge is safer than the national average, with recent FBI data showing a significant decrease in property crimes. The Cambridge-Isanti Public School District serves the area, and additional educational opportunities are available at the Adult Enrichment Center and public library. Employment is supported by Cambridge Medical Center and local industrial parks, with easy commutes to Minneapolis 45 miles south via Highway 65.

Frequently Asked Questions

How much does it cost to rent a home in Cambridge, MN?
The median rent for a home in Cambridge, MN is $1,995 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Cambridge, MN?
To comfortably afford the median rent in Cambridge, MN, a household needs to earn roughly $79,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,995 per month in Cambridge, MN, renters typically need to show $5,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cambridge, MN?
In Cambridge, MN, the price-to-rent ratio is 13.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,995
Median Single Family Home Rent
$1,995
Median Condo Rent
$1,345
How to Rent a Home