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LM Studio vs Ollama: Which Should You Choose in 2026?

Choosing between LM Studio and Ollama comes down to understanding what each tool does best. This comparison breaks down the key differences so you can make an informed decision based on your specific needs, not marketing claims.

By Toolradar Team · Last updated February 28, 2026 · Methodology

Short on time? Here's the quick answer

We've tested both tools. Here's who should pick what:

LM Studio

Run local LLMs with a beautiful interface

Best for you if:

  • • You need api tools features specifically
  • Beautiful desktop app for running local LLMs
  • Visual model browser and one-click downloads

Ollama

Run open-source LLMs locally with one command

Best for you if:

  • • You want the higher-rated option (8.6/10 vs 8.3/10)
  • • You need terminal tools features specifically
  • Run Llama 3, Mistral, and more locally
  • One command to download and run models
At a Glance
LM StudioLM Studio
OllamaOllama
Price
FreeFree
Best For
API ToolsTerminal Tools
Rating
83/10086/100
FeatureLM StudioOllama
Pricing ModelFreeFree
Editorial Score
83
86
Community RatingNo ratings yetNo ratings yet
Total Reviews00
Community Upvotes
0
0
Categories
API ToolsAI Research
Terminal ToolsAI Agents

How LM Studio and Ollama Compare

LM Studio

Run local LLMs with a beautiful interface

Free · 83/100 score

Ollama

Run open-source LLMs locally with one command

Free · 86/100 score

LM Studio is a api tools tool. Ollama is in terminal tools.

Who Should Use What?

On a budget?

Both are free. Compare plans on their websites.

Go with: LM Studio

Want the highest-rated option?

LM Studio: 83/100. Ollama: 86/100.

Go with: Ollama

Value user reviews?

Neither has user reviews yet.

Go with: Ollama

3 Questions to Help You Decide

1

What's your budget?

Both are free. Pricing won't help you decide here.

2

What's your use case?

LM Studio is a api tools tool. Ollama is in terminal tools. Pick the category that matches your needs.

3

How important are ratings?

Ollama scores higher: 86/100 vs 83/100.

Key Takeaways

Ollama

  • Higher score: 86/100 vs 83
  • Completely free
  • Our pick for this comparison

LM Studio

  • Better fit for api tools

The Bottom Line

Ollama (86/100) is our pick.

Frequently Asked Questions

Is LM Studio or Ollama better?

Ollama scores 86/100 in our evaluation. Both are free.

What are LM Studio and Ollama used for?

LM Studio: Run local LLMs with a beautiful interface. Ollama: Run open-source LLMs locally with one command.

What does LM Studio cost vs Ollama?

LM Studio is completely free. Ollama is completely free. Visit their websites for detailed pricing.

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