Last updated October 14, 2026

Average Rent in Apple Valley 55124 & Rent Trends

Rent prices and market trends across 2 apartment communities in Apple Valley 55124, Burnsville, MN. Updated daily.

Area All Areas

Burnsville 55306 55337

Apple Valley 55124

Lakeville 55044

Savage 55378

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,845/mo

Lowest Available

$1,495/mo

cheapest unit on market

Communities

tracked daily

Units Listed

available now

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Apple Valley 55124 vs Burnsville, MN Average

Apple Valley 55124 is more expensive than the Burnsville, MN average by $142/mo (8%). The citywide average is $1,703/mo across all neighborhoods.

Is Rent Going Up or Down in Apple Valley 55124?

As of October 2026, the average rent in Apple Valley 55124 is $1,845 per month across 2 apartment communities and 23 available units.

The most affordable option is Galante at Parkside starting at $1,495/mo. By unit type, a studio averages $1,495/mo, a 1-bedroom averages $1,645/mo, a 2-bedroom averages $2,087/mo, a 3-bedroom averages $2,473/mo.

Prices range from $1,495 to $2,475 per month. The most common price point is the $1,600 range, where 10 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Apple Valley 55124

Studio

$1,495

from $1,495 · 1 units

1 Bed

$1,645

from $1,580 · 13 units

2 Bed

$2,087

from $1,930 · 7 units

3 Bed

$2,473

from $2,470 · 2 units

Rent Prices by Apartment in Apple Valley 55124

Property	Starting at	Average	Units	Rating
Galante at Parkside	$1,495/mo	$1,763/mo	11	4.6
Gabella at Parkside	$1,580/mo	$1,920/mo	12	4.5

Frequently Asked Questions About Rent in Apple Valley 55124

What is the average rent in Apple Valley 55124?

The average rent in Apple Valley 55124 is $1,845 per month as of October 2026, based on 23 units across 2 apartment communities.

Is rent going up or down in Apple Valley 55124?

The current average rent in Apple Valley 55124 is $1,845/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Apple Valley 55124?

The most affordable apartment in Apple Valley 55124 is Galante at Parkside with units starting at $1,495/mo.

How much is a 1-bedroom apartment in Apple Valley 55124?

A 1-bedroom apartment in Apple Valley 55124 averages $1,645/mo, with prices starting at $1,580/mo across 13 available units.

How many apartments are available in Apple Valley 55124?

There are 23 units available across 2 apartment communities 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

$74,000/year

Based on the 30 percent rule, using our tracked average rent of $1,845/mo.

Comfortable income

$89,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,495/mo), you need to earn at least $60,000/year.

Median household income in Apple Valley 55124 is $83,953 , about 5% below the comfortable-living threshold.

Cost of living in Apple Valley 55124

Overall prices in Apple Valley 55124 runs above the national average by about 4% (BEA Regional Price Parity index 104.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Apple Valley 55124's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,845	daily refresh
Utilities	$474	BLS × BEA RPP
Groceries	$565	BLS × BEA RPP
Transportation	$1,131	BLS × BEA RPP
Healthcare	$552	BLS × BEA RPP
Other goods and services	$882	BLS × BEA RPP
Estimated total	$5,449/mo	$65,382/year

Population

64,295

Median household income

$83,953

Census median rent

$1,501/mo

Census rent burden

31.8%

Median age

36.9

Mean commute

23 min

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 were last published in 2023.

Minnesota Rent Trends

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Burnsville, MN Neighborhood Rent Map

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Explore Burnsville, MN on Map

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US-wide rent comparison

See how Burnsville, MN rents stack up against the national median