Welcome to the Apartment List April 2026 Rent Report for Oakdale, MN. Currently, the overall median rent in the city stands at $1,360, after rising 0.7% last month. Prices and are now up 2.7% year-over-year. Read on to learn more about what’s been happening in the Oakdale rental market and how it compares to trends throughout the broader Minneapolis metro area and the nation as a whole.