Apple Valley, MN Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Apple Valley is $1,789, a 3.16% increase compared to the previous year, when the average rent was $1,734.
Studio Apartments at $1,072 offer the most budget-friendly option with 520 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 802 square feet for $1,599, balancing privacy and affordability.
Two-beedroom units at $1,903 offer 1,168 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,457 sq ft) for $2,072, suitable for larger households.
Average rent in Apple Valley, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,789 | 1,060 sq. ft. |
| Studio | $1,072 | 520 sq. ft. |
| 1 Bed | $1,599 | 802 sq. ft. |
| 2 Beds | $1,903 | 1,168 sq. ft. |
| 3 Beds | $2,072 | 1,457 sq. ft. |
Apple Valley, MN rent trends
Rental prices in Apple Valley, MN have increased by 3.16% over the past year. The average rent moved from $1,734 to $1,789.
What's the typical rent budget in Apple Valley, MN?
The largest share of rentals in Apple Valley, MN (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Apple Valley, MN?
5,809 or 27% of the households in Apple Valley, MN are renter-occupied while 15,662 or 73% are owner-occupied.
How Apple Valley Compares to Other Cities
| City | Average Rent |
|---|---|
| Apple Valley | $1,789 |
| Minneapolis | $1,681 |
| St. Paul | $1,524 |
| St. Louis Park | $1,796 |
| Moorhead | $1,088 |
| Bloomington | $1,661 |
| Edina | $1,862 |
| Rochester | $1,663 |
| Mankato | $1,387 |
| St. Cloud | $1,157 |
| Eagan, MN | $1,682 |
| Minnetonka, MN | $1,923 |
| Burnsville, MN | $1,566 |
| Eden Prairie, MN | $1,781 |
| Woodbury, MN | $2,137 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Apple Valley apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.