Rentometer, Inc. | Data as of 10/24/2025
Apple Valley’s rental market offers a balanced mix of apartments and single‑family homes, making it an attractive destination for professionals, families, and retirees alike. Apartment options range from efficient studios in the downtown vicinity to spacious four‑plus bedroom units in the newer suburban complexes near the Mall of America corridor. Rent for studios typically sits in the $1400s, while one‑bedroom apartments often fall within the $1500‑$1600 range. Larger layouts such as two‑bedroom units trend around the $1900‑$2000 mark, three‑bedroom apartments hover near $2100‑$2200, and premium four‑plus bedroom apartments can reach the $2600‑$2700 bracket.
For those seeking the privacy of a house, Apple Valley delivers well‑maintained neighborhoods like East Apple Valley and Oakwood Estates, where two‑bedroom homes are generally priced in the $1900‑$2000 range. Three‑bedroom houses commonly command rents around $2400, and expansive four‑plus bedroom residences are available in the $3000 area, offering ample space for growing families. Proximity to excellent schools, extensive park systems—including the popular Apple Valley Community Park—and convenient access to I‑35 and the Twin Cities light rail system enhance the appeal of these rental options.
Beyond the numbers, Apple Valley is celebrated for its welcoming community atmosphere and abundant amenities. Residents enjoy a vibrant local scene with boutique shops, diverse dining venues, and cultural events at the Apple Valley Senior Center. Outdoor enthusiasts take advantage of trails along the Mississippi River and the surrounding lakefront areas, while shoppers benefit from nearby retail hubs. This blend of affordable, varied housing and quality-of-life features positions Apple Valley as a standout choice for renters across Minnesota.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,406 | $1,398 | $1,130 - $1,640 | $1,387 - $1,485 |
| Apartment | 1 Bedroom | $1,563 | $1,599 | $1,005 - $2,535 | $1,350 - $1,695 |
| Apartment | 2 Bedroom | $1,968 | $1,975 | $1,229 - $3,176 | $1,729 - $2,155 |
| Apartment | 3 Bedroom | $2,137 | $2,165 | $1,570 - $2,893 | $1,950 - $2,385 |
| Apartment | 4+ Bedroom | $2,692 | $2,600 | $2,500 - $2,978 | $2,500 - $2,978 |
| House | 2 Bedroom | $1,883 | $1,912 | $1,550 - $2,169 | $1,800 - $2,000 |
| House | 3 Bedroom | $2,393 | $2,425 | $1,601 - $3,200 | $2,200 - $2,700 |
| House | 4+ Bedroom | $2,981 | $2,797 | $2,095 - $4,995 | $2,675 - $3,250 |
In the current period, the average rent in Apple Valley was $1,407 for Studio, $1,552 for 1 Bedroom, $1,960 for 2 Bedroom, $2,258 for 3 Bedroom, and $2,926 for 4+ Bedroom.
Data provided by Rentometer, Inc.