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Both Ollama and LM Studio let you run LLMs locally for free. But they serve different users. Ollama is a CLI-first tool built for developers who want to integrate models into apps. LM Studio is a desktop app built for people who want a ChatGPT-like experience on their own machine.
Ollama runs as a local server on port 11434 with an OpenAI-compatible API. This means any app that supports OpenAI (Continue.dev, Open WebUI, custom scripts) can swap in Ollama with a single URL change. Setup takes 2 minutes.
# Install (macOS/Linux)
curl -fsSL https://ollama.ai/install.sh | sh
# Pull and run a model
ollama pull llama3.1:8b
ollama run llama3.1:8b
# Use the OpenAI-compatible API
curl http://localhost:11434/v1/chat/completions \
-H "Content-Type: application/json" \
-d '{"model":"llama3.1:8b","messages":[{"role":"user","content":"Hello"}]}'LM Studio gives you a full desktop UI: model search and download from Hugging Face, a chat interface, system prompt editing, parameter sliders (temperature, top-p, context length), and a local server mode. It's the easiest way to get started with zero terminal knowledge.
LM Studio now supports an Ollama-compatible API endpoint. You can point Ollama-aware tools at LM Studio and they'll work — giving you the best of both worlds.
On identical hardware (RTX 4090, Llama 3.1 8B Q4_K_M), Ollama averages 85-90 tokens/second while LM Studio averages 78-84 tokens/second. The difference is small enough that you'll never notice it in practice for chat use.
Start with LM Studio if you're new to local LLMs — the discovery interface is genuinely better and you'll get running faster. Switch to (or add) Ollama once you want to build apps, use IDE integrations, or script model calls. Most power users run both.
Before picking a model to run in Ollama or LM Studio, check runyard.dev first. The Model Radar tells you exactly which models fit your VRAM and ranks them by real-world tok/s — no trial and error needed.
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