Cost of Living in Apple Valley, MN
Population: 55,696 • 2026 Data
$99,277
Median Household Income
+28% vs national
$1,678
Median Monthly Rent
+24% vs national
$354,200
Median Home Value
+4% vs national
3.9%
Unemployment Rate
Housing in Apple Valley
The median home value in Apple Valley, MN is $354,200. Monthly rent for a typical unit averages $1,678, while total monthly housing costs (including utilities and insurance) average $1,659.
Rent-to-income ratio: 20.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Apple Valley, MN is $99,277. The unemployment rate stands at 3.9%, with a labor force of 30,064 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.