
Pros
Cons
Free
For everyone
No reviews yet. Be the first to review LM Studio!
Top alternatives based on features, pricing, and user needs.

Run open-source LLMs locally with one command

Self-hosted OpenAI-compatible API

Run local LLMs on consumer hardware

Run LLMs efficiently on consumer hardware
Radically accelerate frontier model inference for AI with specialized hardware.

The highest accuracy web search and research APIs built specifically for AI agents.
Yes, LM Studio is free for both personal and commercial use. The developers make money through enterprise features and support, not the base application. You can use it in your business without paying.
LM Studio provides a graphical interface while Ollama is command-line focused. LM Studio is easier for beginners and non-developers. Ollama is better for scripting and automation. Both provide OpenAI-compatible APIs and support similar models.
Only to download models. Once downloaded, models run entirely offline. This makes LM Studio great for privacy-sensitive work or situations without reliable internet.
LM Studio supports GGUF format models from Hugging Face. Popular choices include Llama 3, Mistral, Phi, and Gemma. The app shows compatibility info and recommended RAM for each model in the browser.
Source: lmstudio.ai