16

Studio Apartments for Rent in Apple Valley, MN

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  • /38

    Starting at $1,540 Plus Fees

    • Studio - 3 Beds

    15430 Founders Ln, Apple Valley, MN 55124

    Remington Cove is Apple Valley's premier apartment community! Our smoke-free buildings feature studio, one, one + den, two and three bedroom apartment homes. You will love our convenient community amenities; include underground heated parking, two fitness centers, outdoor fire pits and picnic patios, off-leash dog park, WiFi lounge and community rooms.

    Remington Cove I

    (952) 522-6320

    15430 Founders Ln, Apple Valley, MN 55124
  • /35

    Starting at $1,390

    Total Monthly Price

    • Studio - 3 Beds

    14650 Foliage Ave, Apple Valley, MN 55124

    Springs at Apple Valley Apartments in the South Metro is a beautiful, pet-friendly community. Community and apartment amenities, as well as the location, make Springs at Apple Valley a great place to call home. The apartments have many elegant finishes including wood-vinyl flooring in the kitchen, living room and bathrooms, black appliances, washers and dryers, curved shower rods and 2" faux wood

    Springs At Apple Valley

    (952) 900-6280

    14650 Foliage Ave, Apple Valley, MN 55124
  • /39

    Starting at $1,145 Plus Fees

    • Studio - 1 Bed

    7433 128th St W, Apple Valley, MN 55124

    Studio Apartment Home. Remarkable Value. Unbeatable Location. - Thank you for your interest in our Cedar Valley Apartments of Apple Valley! Cedar Valley Apartments is located in the heart of Apple Valley, where you will find a close-knit community with all the amenities of an international airport, major sports, arts, theater and fine dining just minutes away. Apple Valley has lakes, a

    Cedar Valley Apartments

    (612) 284-9011

    7433 128th St W, Apple Valley, MN 55124
  • /29

    Starting at $1,699

    Total Monthly Price

    • Studio - 2 Beds

    15283 Galante Ln, Apple Valley, MN 55124

    We can't wait to welcome you home! Here's what you can expect at Galante at Parkside. Our community and all our homes are smoke-free. We allow cats, dogs, and other small animals. We have no breed restrictions upon an approved pet application. Required Fees - Move-in: application fee - $50 per applicant, deposit - $400, & administration Fee - $150. Monthly: rent - fixed cost dependent on size,

    Galante at Parkside

    (855) 973-3734

    15283 Galante Ln, Apple Valley, MN 55124

Why Live in Apple Valley

The Minnesota Zoo stands as Apple Valley's premier attraction, drawing visitors year-round to experience wildlife from across the globe. Outdoor enthusiasts will find over 50 parks and 60 miles of trails, including the expansive Lebanon Hills Regional Park with its extensive trail network and ski hill. The 85-acre Alimagnet Park features lake frontage, disc golf, and nature trails, while Johnny Cake Ridge Park provides sports fields and walking paths. The dining scene includes local favorites like Vivo Kitchen, Doolittles Woodfire Grill with its signature woodfired cuisine, and The Tavern Grill known for its wrap-around patio.

The real estate landscape in Apple Valley presents diverse options across distinct neighborhoods. The median sale price for single family homes is $430,000, while townhouses have a median price of $285,500. Downtown Apple Valley features townhouses with a median price of $279,900, while the Cedar Isle neighborhood commands higher prices with a median of $556,000 for single family homes. The Cobblestone Lake area maintains strong property values with a median single family home price of $550,000.

Property taxes in Apple Valley reflect Dakota County's effective rate of 1%, matching neighboring cities Burnsville, Eagan, and Lakeville. The Minnesota state income tax rate is 6.80% for a yearly salary of $45,533, with a combined sales tax rate of 8.12%.

The city's educational system includes highly rated public schools like Eastview Senior High School, serving multiple neighborhoods including Cedar Isle and Diamond Path. The Minnesota Valley Transit Authority connects residents to downtown Minneapolis and St. Paul through the Apple Valley Transit Station. Shopping destinations include Apple Valley Commons, Cobblestone Lake, and the County Road 42 commercial corridor. The community celebrates throughout the year with events like Freedom Days and the Winter Carnival.

Frequently Asked Questions

How much does it cost to rent a home in Apple Valley, MN?
The median rent for a home in Apple Valley, MN is $2,347 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Apple Valley, MN?
To comfortably afford the median rent in Apple Valley, MN, a household needs to earn roughly $93,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,347 per month in Apple Valley, MN, renters typically need to show $7,041 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Apple Valley, MN?
In Apple Valley, MN, the price-to-rent ratio is 15.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Apple Valley, MN are best for renting a home?
The best neighborhood for renting in Apple Valley, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Loop and West Bloomington, each with its own character and price range.

Rental Home Trends in Apple Valley, MN

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,347
Median Townhouse Rent
$2,850
Median Condo Rent
$1,495
How to Rent a Home