Last updated
Average Rent in Apple Valley 55124 & Rent Trends
Rent prices and market trends across 5 apartment communities in Apple Valley 55124, Apple Valley, MN. Updated daily.
Market Average
$1,965/mo
▲ +0.6% from last month
Lowest Available
$1,322/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
45
available now
Price Cuts This Week in Apple Valley 55124
18 listed units across 4 buildings in Apple Valley 55124 dropped their asking rent in the past 7 days, an average cut of $59/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Remington Cove Apartments | Unit 123, O'Brien 2 | $1,983 | $1,771 | $212 |
| Remington Cove Apartments | Unit 227, Gala 1 | $2,250 | $2,092 | $158 |
| Nuvelo at Parkside | Unit 11, Stratus | $1,720 | $1,595 | $125 |
| Nuvelo at Parkside | Unit 14, Stratus | $1,665 | $1,585 | $80 |
| Nuvelo at Parkside | Unit 10, Incus | $2,365 | $2,300 | $65 |
| Nuvelo at Parkside | Unit 15, Stratus | $1,675 | $1,615 | $60 |
| Nuvelo at Parkside | Unit 5, Cumulus | $1,705 | $1,655 | $50 |
| Nuvelo at Parkside | Unit 6, Cumulus | $1,745 | $1,695 | $50 |
Apple Valley 55124 vs Apple Valley, MN Average
Apple Valley 55124 is the same price as the Apple Valley, MN average . The citywide average is $1,965/mo across all neighborhoods.
Is Rent Going Up or Down in Apple Valley 55124?
As of August 2026, the average rent in Apple Valley 55124 is $1,965 per month across 5 apartment communities and 45 available units. Rents have increased $12 (0.6%) over the past month.
The most affordable option is Remington Cove Apartments starting at $1,322/mo. By unit type, a studio averages $1,322/mo, a 1-bedroom averages $1,651/mo, a 2-bedroom averages $2,203/mo, a 3-bedroom averages $2,218/mo.
Prices range from $1,322 to $3,296 per month. The most common price point is the $1,600 range, where 12 units are currently listed.
Apple Valley 55124 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,971 | - | 5 |
| August 2026 | $1,957 | -$14 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Apple Valley 55124
Rent Prices by Apartment in Apple Valley 55124
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Remington Cove Apartments | $1,322/mo | $1,873/mo | 9 | 4.6 |
| Hearthstone Apartments & Townhomes | $1,407/mo | $1,937/mo | 10 | 2.6 |
| Valley Pond | $1,435/mo | $1,621/mo | 5 | 4.8 |
| Nuvelo at Parkside | $1,585/mo | $1,906/mo | 15 | 3.7 |
| Risor of Apple Valley | $1,894/mo | $2,581/mo | 6 | 4.7 |
Frequently Asked Questions About Rent in Apple Valley 55124
What is the average rent in Apple Valley 55124?
Is rent going up or down in Apple Valley 55124?
What is the cheapest apartment in Apple Valley 55124?
How much is a 1-bedroom apartment in Apple Valley 55124?
How many apartments are available in Apple Valley 55124?
What salary do I need to live comfortably in Apple Valley 55124?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$79,000/year
Based on the 30 percent rule, using our tracked average rent of $1,965/mo.
Comfortable income
$94,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,322/mo), you need to earn at least $53,000/year.
Cost of living in Apple Valley 55124
We only have live rent data for Apple Valley 55124 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,965 |
| Estimated total | $1,965/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Apple Valley 55124 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Apple Valley 55124 Apartments
Browse all 5 communities with daily-updated pricing and availability.