Apple Valley, MN
Full City Profile · Minnesota · Dakota County County
3.8
/5.0
B+
Good
55,696
Population
3,301/sq mi density
$99,277
Median Income
$48,875 per capita
$354,200
Home Value
$368,753 Zillow
$1,678
Median Rent
31.1% income on rent
44°F
Avg Temperature
270 sunny days/yr
93
Violent Crime/100K
1,939 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$99,277 median income, 2.7% unemployment
A+
Affordability
4.7 / 5.0
$354,200 home value, $1,678/mo rent
F
Safety
1.0 / 5.0
93 violent crimes/100K
A+
Education
4.7 / 5.0
45.9% bachelor's degree or higher
Housing Overview
Median Home Value
$354,200
26% above
US avg: $281,900
Median Rent
$1,678/mo
44% above
US avg: $1,163/mo
Homeownership Rate
72.9%
11% above US avg (65.4%)
Total Housing Units
21,790
Median year built: 1989
Home Value by Source
Census Median
$354,200
Zillow (ZHVI)
$368,753
Median Sale Price
$293,450
Median List Price
$339,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.9%
Owner-Occupied
27.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,678/mo
· Zillow rent:
$1,962/mo
Market Indicators (Redfin)
Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
32
Price Drops
28.4%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
74
homes for sale
Affordability & Housing Stock
Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
72.9%
Complete Housing Data
Home Values
| Census Median Value | $354,200 |
| Zillow Home Value (ZHVI) | $368,753 |
| Median Sale Price | $293,450 |
| Median List Price | $339,950 |
| Price Per Sq Ft | $167 |
Rent
| Census Median Rent | $1,678 |
| Zillow Rent (ZORI) | $1,962 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 71 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.4% |
| Homes Sold | 32 |
| Active Inventory | 74 |
| Price Per Sq Ft | $167 |
Ownership & Stock
| Owner-Occupied | 72.9% |
| Renter-Occupied | 27.1% |
| Homeownership Rate | 72.9% |
| Total Housing Units | 21,790 |
| Median Year Built | 1989 |
| Rent Burden | 31.1% |
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