Last updated on August 12, 2026

Average rent in
Cambridge, MN

Median rent

Median rent in Cambridge

$1,840/mo

increased by12%

vs previous year

The average rent in Cambridge is $1,840 per month as of August 2026. This is 4% below the national average rent, or $85 less per month.

$1.35

average price per square foot

Total rentals

Available rentals in Cambridge

10

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Cambridge rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Cambridge, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Cambridge, MN

Average rent prices in Cambridge have decreased by 10% over the last month and have increased by 12% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Cambridge, MN

Rent prices in Cambridge vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Cambridge is $1,422, whereas a house costs $2,349. 1-bedroom apartments in Cambridge run $1,295 on average, while 2-bedroom apartments are $1,395.

Listings

Studio

$1,105

4%

-

1 bedroom

$1,325

2%

41%

2 bedroom

$1,514

No Change

3%

3 bedroom

$2,372

1%

6%

4 bedroom

$3,495

14%

66%

Studio

Average rent

$1,105

Last 30 days

4%

1 bedroom

Average rent

$1,325

Last 30 days

2%

Last year

41%

2 bedroom

Average rent

$1,514

Last 30 days

No Change

Last year

3%

3 bedroom

Average rent

$2,372

Last 30 days

1%

Last year

6%

4 bedroom

Average rent

$3,495

Last 30 days

14%

Last year

66%

The table above reflects average rent prices in Cambridge, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Cambridge, MN compare to other cities?

Compare median rent prices in Cambridge and Big Lake by all bedroom counts and property types.

Cambridge

Median rent price$1,840
decreased by4%

lower than the national median

Median rent price$1,500
decreased by22%

lower than the national median

Takeaway

The median rent for all rentals in Cambridge, MN is 23% higher than the median rent in Big Lake, MN.

Discover rentals in Cambridge, MN

The Bridgewell Apartments - Photo 1 of 1
Highly rated

9h ago

8.5

Very good

The Bridgewell Apartments

203 22nd Ln Sw, Cambridge, MN 55008

1–4 beds

1–2 baths

$1,144–$1,900

Apartment for rent

133 Birch St N - Photo 1 of 1

5d+ ago

Apartment for rent in Cambridge

For Rent: 2 Bedroom, 1 Bath Apt Available Now

133 Birch St N, Cambridge, MN 55008

2 beds

1 bath

$1,395

Apartment for rent

Available Nov 10

355 Horseshoe Dr - Photo 1 of 1

5d+ ago

Apartment for rent in Cambridge

2 Bedrooms, 1 Bath Apartment in Cambridge For Rent

355 Horseshoe Dr, Cambridge, MN 55008

2 beds

1 bath

$1,495

Apartment for rent

Available Jan 15

2020 4th Ln Se - Photo 1 of 1

5d+ ago

Townhouse for rent in Cambridge

Newer 3 Bedroom 3 Bathroom Townhome For Rent

2020 4th Ln Se, Cambridge, MN 55008

3 beds

3 baths

$2,295

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Cambridge, MN

Quick answers to common questions about the Cambridge rental market.

How much is rent in Cambridge?

The average rent in Cambridge is $1,840 per month as of August 8, 2026.

Is rent up or down in Cambridge?

Average rent prices in Cambridge have decreased by 10% over the last month and have increased by 12% since last year.

How does Cambridge rent compare to the national average?

Rent in Cambridge is 4% below the national average, which means renters are paying approximately $85 less per month.

What salary do I need to afford rent in Cambridge?

To comfortably afford rent in Cambridge, you'd need to earn approximately $74,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Cambridge?

Based on our current listings, Cambridge offers excellent options for pet owners, with 77% of rental apartments welcoming pets. With an average of about 31 listings available monthly, this works out to roughly 24 pet-friendly apartments each month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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