
Cheap Homes for Rent in Apple Valley, MN from $1,450 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Apple Valley.


7126 123rd St W

8295-8301 144th St W

9830 Upper 161st St W
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

14764 Excelsior Ln

15539 Float Ln

15563 Garnet Way

15507 Foghorn Ln
Rent According to Income: A Look at Income-Restricted Rentals
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Apple Valley, MN Local Guide

How much does it cost to rent a home in Apple Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Apple Valley 2 Bedroom Homes for Rent | $1,954 | $1,599 | $2,295 |
| Apple Valley 3 Bedroom Homes for Rent | $2,325 | $1,850 | $3,461 |
| Apple Valley 4 Bedroom Homes for Rent | $3,097 | $2,395 | $3,990 |
| Apple Valley 5 Bedroom Homes for Rent | $3,349 | $2,195 | $4,100 |
Browse Top Homes for Rent in Apple Valley
Explore Apple Valley
Apple Valley, MN Local Guide
- Apple Valley Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Apple Valley, MN
Pricing Updated: 08/21/2026Current apartment rentals in the Apple Valley, MN area range in price from $1,200 to $4,184 with an overall median price of $1,795. Here is today’s list neighborhoods with the lowest median pricing for Apple Valley Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Apple Valley East | $1,795 | $1,200 | 83 |
| Cobblestone Lake | $1,795 | $1,200 | 83 |
Cheapest Available Apple Valley Apartments for Rent
 The cheapest available apartment rental in Apple Valley, MN is a Studio unit found at Willow Pond in the Heart of the City neighborhood priced from $1,134. Cedar Ridge Apartments in the Steeplechase of Eagan neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,135. Here is today’s list of the most affordable Apple Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Pond | Elm | Studio,1BA | $1,134 |
| Cedar Ridge Apartments | 2 BR Split | 2BR,1BA | $1,135 |
| The Woods of Burnsville Apartments | Spruce | Studio,1BA | $1,160 |
Best Value Apartments for Rent in Apple Valley, MN
As of August 22, 2026 the best value apartment in the Apple Valley area is the $1.21 price per square foot C3 - ACC Model at Wexford Place in the in the Glendalough neighborhood starting from $1,426. The second greatest value Apple Valley apartment is the Two Bedroom - E Model at The Legends of Apple Valley 55+ Apartments starting at $1,699 with a $1.51 price per square foot in the Cobblestone Legacy neighborhood. Here is today’s list of the best values for Apple Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wexford Place | C3 - ACC | 2BR,2BA | $1.21 |
| The Legends of Apple Valley 55+ Apartments | Two Bedroom - E | 2BR,1.5BA | $1.51 |
| Briar Oaks | 3 bedroom | 3BR,1.5BA | $1.43 |
| CARRINGTON COURT | 2BR 2BA S UA | 2BR,2BA | $1.49 |
| Cedar Ridge Apartments | 2 BR Split | 2BR,1BA | $1.19 |
| Elevate on Parkway | B1: 2 Bed 2 Bath | 2BR,2BA | $1.51 |
| KINGSTON GREEN | Open concept living with walk-out patio/balcony... | 1BR,1BA | $1.55 |
| Boulder Court Apartments | 2 Bedroom | 2BR,1BA | $1.57 |
| Rosewood Manor | 2 Bedroom | 2BR,1BA | $1.62 |
| The Bluffs of Burnsville | 1 BR | 1BR,1BA | $1.46 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Apple Valley, MNPopulation: 54,121
Ranked #718
in US Census Population by City
Best Local Schools in Apple Valley, MN
Greenleaf Elementary
Eastview Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Apple Valley, MN Rentals by Map
See the most popular apartments and homes in Apple Valley, MN
Frequently Asked Questions about Apple Valley
What type of rentals are currently available in Apple Valley?
There are currently 115 Apartments for Rent in Apple Valley, MN with pricing that ranges from $1,119 to $10,266. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Apple Valley ranging from $1,450 to $4,100.
What is the current price range for Rental Homes in Apple Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Apple Valley ranges from $1,450 to $4,100 with an average monthly rent of $2,550.
How much are larger Three and Four Bedroom Rentals in Apple Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Apple Valley range from $1,150 to $2,897, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,461. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,995.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.