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City · 10,307 residents · Isanti County, Minnesota

Cambridge , Minnesota

In Cambridge, a typical home is worth $251,600 and typical rent is $1,302 a month. Compared with all of Isanti County, typical household income is 21% lower, the typical home value is 18% lower, and the share of households that own their home is 18 points lower.

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  • Typical home value

    $251,600

    18% below the county

    24% below Minnesota

    • Cambridge
    • Isanti
    • Minnesota

  • Typical rent

    $1,302a month

    2% above the county

    About the same as Minnesota

    • Cambridge
    • Isanti
    • Minnesota

  • Typical household income

    $69,154a year

    21% below the county

    22% below Minnesota

    • Cambridge
    • Isanti
    • Minnesota

  • Households that own their home

    66%

    18 points below the county

    6 points below Minnesota

    • Cambridge
    • Isanti
    • Minnesota

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$327,708
1.5% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Cambridge is in Isanti County. The FHA loan limit ($552,000 for a one-unit home), the fair market rents and the help on this page are those of all of Isanti County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Cambridge apart

What this place has that others do not, from public data, most unusual first.

  1. 66% of households in Cambridge own their home, against 84% in Isanti County.

  2. The typical household income in Cambridge is $69,154, 21% less than in Isanti County as a whole ($87,440).

  3. The typical home in Cambridge is worth $251,600, 18% less than in Isanti County as a whole ($306,200).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Cambridge

What homes there are in Cambridge, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Cambridge, but it weighs less than in Isanti County: 59% against 82%.

Year built

The typical home in Cambridge was built in 1994, 6 years after the typical one in Isanti County.

Homes in Cambridge are smaller: 48% have 3 bedrooms or more; in Isanti County, 66%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $552,000, at least 99% of owner-occupied homes in Cambridge sit below it: they are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,735 a month

Isanti County: $1,850 a month

Without a mortgage

$612 a month

Isanti County: $634 a month

Owners with a mortgage

68%

Isanti County: 67%

Owning costs less in Cambridge: with a mortgage, the typical cost is $1,735 a month; in Isanti County, $1,850. Without one, $612.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Cambridge rose 60% since 2015–2019, more than in Isanti County (56%).

Since 2015–2019, the typical rent in Cambridge rose 37%, more than in Isanti County (25%).

Here income did not keep up with housing: it rose 33%, while home values changed +60% and rent +37%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCambridgeIsanti CountyMinnesotaUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.3%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.6%0.9%
More than one person per room Unreliable estimate1.2%2.3%3.4%
People per household 2.292.592.432.53
Drive alone 71%76%69%69%
Carpool 9%7%8%9%
Public transit Unreliable estimateUnreliable estimate2%3%
Walk or bike 5%2%3%3%
Work from home 11%12%18%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

Fewer people live in each home here: 2.29 on average, against 2.59 in Isanti County.

In Cambridge, 5% of workers walk or bike to work; in Isanti County, 2%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Cambridge?

A typical home costs more than the typical income allows

We start with a typical home in Cambridge, worth $251,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 37% of the typical household income in Cambridge, which is $69,154 a year. For that payment to be 28% of income, a household would need to earn about $92,577 a year.

The calculator's FHA and conventional loan limits are those of all of Isanti County.

Your numbers

Local data
$

Starts at the typical home value in Cambridge. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $8,806 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,160

at 7.18% · 30 years

Loan amount
$247,043
Total interest
$355,437
Paid off in
November 2056

Includes $4,249 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,614 a month

  • Tight

    $1,614 to $2,075 a month

  • Hard

    more than $2,075 a month

    Your payment · 37%

Compared with the typical household income in Cambridge ($69,154 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,160
Principal & interest$1,674
Property tax$271
Home insurance$105
FHA mortgage insurance (MIP)$111

You need at least $8,806 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Cambridge and Isanti County

Cambridge is in Isanti County, Minnesota. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Cambridge's own numbers

Typical home value
$251,600
Typical monthly rent
$1,302
Typical yearly household income
$69,154
Households that own their home
66%
Effective property tax rate
1.29%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Isanti County

FHA limit, one-unit home
$552,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,734
Price change over 5 years (FHFA)
+43%
Homes in a high flood-risk zone
4.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Isanti County.

Everything about Isanti County

Buying

Buying a home in Cambridge

A typical home in Cambridge is worth $251,600: 18% below the county and 24% below Minnesota. With the typical household income in Cambridge ($69,154 a year), a typical home costs 3.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Cambridge 3.6 years
  • Isanti 3.5 years
  • Minnesota 3.7 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Isanti County

According to FHFA’s house price index, home prices in Isanti County rose 91% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Isanti County.

Period County Minnesota U.S.
Last year (2025) +2.8% +2.8% +2.9%
5 years (2020–2025) +43% +37% +47%
10 years (2015–2025) +91% +71% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Cambridge next to Isanti County, Minnesota and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Cambridge $251,600
  • Isanti $306,200
  • Minnesota $329,300
  • United States $332,700
Typical monthly rent
  • Cambridge $1,302
  • Isanti $1,273
  • Minnesota $1,280
  • United States $1,413
Typical yearly household income
  • Cambridge $69,154
  • Isanti $87,440
  • Minnesota $89,062
  • United States $80,734
See the full table
Cambridge next to Isanti County and Minnesota
Measure Cambridge Isanti County Minnesota U.S.
Typical home value $251,600 $306,200 $329,300 $332,700
Typical monthly rent $1,302 $1,273 $1,280 $1,413
Typical yearly household income $69,154 $87,440 $89,062 $80,734
Households that own their home 66% 84% 72% 65%
Typical yearly property tax $3,248 $3,081 $3,357 $3,119
Effective property tax rate 1.29% 1.01% 1.02% 0.94%
Renters with high rent for their income 61% 50% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Isanti County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Cambridge

For a typical $251,600 home in Cambridge, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Cambridge's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,160a month

    Least cash to close
    Down payment
    $8,806
    Cash to close
    $16,354
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $111

  • Conventional, 5% down $2,114a month

    Down payment
    $12,580
    Cash to close
    $20,128
    Rate
    7.18%
    Mortgage insurance
    PMI · $120

  • Conventional, 20% down, no PMI $1,739a month

    Down payment
    $50,320
    Cash to close
    $57,868
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,971a month

    Down payment
    $37,740
    Cash to close
    $45,288
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Cambridge and for Isanti County.

Property tax

Effective rate in Cambridge

1.29%of the home’s value each year

$3,248 a year for the typical owner in Cambridge.

  • Cambridge 1.29%
  • Isanti 1.01%
  • Minnesota 1.02%

What Minnesota publishes Homestead market value exclusion (Minnesota Office of the Revisor of Statutes (Minnesota Statutes))

Exemptions and deadlines in Minnesota

Flood risk in Isanti County

FEMA does not publish these numbers by city: they are for all of Isanti County.

Homes in the high-risk zone
4.5%
869
Of those, with NFIP insurance
5.2%
County Minnesota U.S.
Homes in the high-risk zone 4.5% 0.7% 3.5%
Of those, with NFIP insurance 5.2% 17% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Cambridge

Typical rent in Cambridge is $1,302 a month: 2% above the county. In Cambridge, 61% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Isanti County, by unit size. To pay the 2-bedroom one ($1,734 a month) without spending more than 30% of your income, you would need to earn $33.35 an hour working full time.

HUD fair market rent for all of Isanti County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,265 $24.33 $50,600
1 bedroom $1,427 $27.44 $57,080
2 bedrooms $1,734 $33.35 $69,360
3 bedrooms $2,264 $43.54 $90,560
4 bedrooms $2,538 $48.81 $101,520

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Cambridge

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Cambridge is in ZIP code 55008.

For 2 bedrooms it is $1,590: $144 less than the fair market rent for Isanti County ($1,734).

  • 55008 $1,590$2,080

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Cambridge when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Cambridge

HUD lists 8 buildings with rents for lower incomes in Cambridge. These are the largest.

  • Cambridge Town Square 345 11th Ave SE, Cambridge 55008 76 low-income homes · 1 bd: 6 · 2 bd: 54 · 3 bd: 16 · In service since 2015 · For families
  • ASHLAND PLACE / Dellwood South 222 Ashland St N, Cambridge 55008 60 low-income homes · For older adults (763) 689-5323
  • Bridge Park Apartments 121 Fern St S, Cambridge 55008 45 low-income homes · Run by Cambridge Economic Development Authority · Average payment: $423 a month (763) 552-3278
  • Tower Terrace Townhomes Multiple Building Addresses, Cambridge 55008 32 homes, 31 low-income · 2 bd: 20 · 3 bd: 12 · In service since 1995
  • Legacy Townhomes Multiple Building Addresses, Cambridge 55008 30 low-income homes · 2 bd: 12 · 3 bd: 18 · In service since 2007

See all 10 buildings in Isanti County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Cambridge

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Isanti County. The nearest ones are below; many serve by phone or online.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Cambridge

No down payment, repair or rent-help program on our list is for Cambridge or Isanti County. The ones below are statewide in Minnesota: they work in Cambridge the same as in the rest of the state.

Which programs do I qualify for? All programs in Minnesota

  • Deferred Payment Loan (Start Up)

    Statewide in Minnesota

    Minnesota state agency loan for the down payment and closing costs alongside the Start Up mortgage for first-time buyers: up to $14,000 (or $18,000 in the Plus version), with no interest or monthly payments, repaid at the end of the mortgage. Offered by Minnesota Housing (Minnesota Housing Finance Agency).

    Deferred

    See the program Official page

  • Monthly Payment Loan

    Statewide in Minnesota

    Minnesota Housing loan of up to $14,000 for the down payment and closing costs, which you repay over 15 years at the same rate as your Minnesota Housing mortgage; it works with Start Up (first-time buyers) or Step Up. Offered by Minnesota Housing (Minnesota Housing Finance Agency).

    Repayable

    See the program Official page

Housing counselors near Cambridge

The HUD-approved agencies closest to the center of Cambridge, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Anoka County Community Action Program, Inc

    1201 89th Ave NE Ste 345, Blaine · 30 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    763-783-4747x4851

  • Community Action Partnership of Hennepin County

    7101 Northland Cir N, Brooklyn Park · 34 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (952) 697-1303

  • NSC (naca Counseling Subsidiary) - Minneapolis, MN

    6300 Shingle Creek Pkwy Ste 145, Brooklyn Center · 34 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (763) 656-6222

All counseling agencies in Minnesota

Help in Spanish near Cambridge

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Cambridge

HUD’s record names them for Cambridge or Isanti County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Cambridge Economic Development Authority Public housing (763) 552-3278

One other authority has an office in Isanti County: see the list Source: HUD

Cities

Other cities in Isanti County

These cities are also in Isanti County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Isanti County Housing in Minnesota

Nearby cities

The cities closest to Cambridge, with the typical home value.

Neighboring counties

If Isanti County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Cambridge.

All guides
A man and two girls read a book together on the sofa.

Questions

Housing questions about Cambridge

Short answers with the numbers for Cambridge and all of Isanti County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Cambridge?

The typical home value in Cambridge is $251,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Isanti County it is $306,200.

How much does it cost to rent in Cambridge?

Typical rent in Cambridge is $1,302 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Isanti County is $1,734.

What is the FHA loan limit in Cambridge?

Cambridge uses the FHA limit for all of Isanti County (2026): $552,000 for a one-unit home and $1,061,550 for a four-unit home.

How much property tax do owners pay in Cambridge?

The typical homeowner in Cambridge pays $3,248 a year, according to the U.S. Census Bureau. That is 1.29% of the home’s value; in Isanti County, the rate is 1.01%.

Where can I find free help to buy or rent in Cambridge?

We found no HUD-approved counseling agencies with an office in Isanti County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).