Home prices
The median home in Apple Valley is valued at $258,000. In comparison to other places in this area it is roughly $18,000 (6%) lower.It is approximately $40,500 (18%) higher in comparison to the country as a whole, and compared to the city of Minneapolis is roughly $6,400 (2%) higher.
Rents
The median rent in Apple Valley is $1,353 per month. This is roughly $141 (11%) higher in comparison to other places in this area.In comparison to the US as a whole it is approximately $291 (27%) higher, and is roughly $326 (31%) higher compared to the city of Minneapolis.
Nearby places
Burnsville
Burnsville is Apple Valley's neighbor to the west. The real estate prices there are similar. The median home in Burnsville is valued at $247,500, which works out to $10,500 (4%) lower than Apple Valley. Its rents are a bit less expensive. In Burnsville the median monthly rent is $1,228, which comes out to $125 (10%) lower than Apple Valley.
Eagan
Eagan is Apple Valley's neighbor to the north. Housing prices there are a bit more expensive. Eagan's median home price is $288,200, which works out to $30,200 (10%) higher than Apple Valley. Rent there is a bit less expensive. Eagan's median monthly rent is $1,201, which is $152 (12%) lower than Apple Valley.
Lakeville
Lakeville is Apple Valley's neighbor to the southwest. The housing prices there are somewhat more expensive. The median home in Lakeville costs $311,100, which works out to $53,100 (17%) higher than Apple Valley. Rent there is similar. In Lakeville the median rent is $1,360 per month, which is very similar to Apple Valley.
Rosemount
Rosemount is Apple Valley's neighbor to the east. Its housing prices are somewhat more expensive. The median home cost in Rosemount is $279,000, which comes out to $21,000 (7%) higher than Apple Valley. The rent there is somewhat less expensive. Rosemount's median monthly rent is $1,218, which comes out to $135 (11%) lower than Apple Valley.
Farmington
Farmington is roughly 5 miles south from Apple Valley. The housing prices there are similar. The price of the median home in Farmington is $254,200, which works out to $3,800 (1%) lower than Apple Valley. Rent there is a little less expensive. The median rent in Farmington is $1,052 a month, which works out to $301 (28%) lower than Apple Valley.
