Cheap Homes for Rent in Apple Valley, MN from $1,500 (10 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Apple Valley - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Apple Valley, MN Local Guide

Cheapest Available Apple Valley Apartments for Rent

 

The cheapest available apartment rental in Apple Valley, MN is a 1 Bed unit found at Rosewood Manor in the Glendalough neighborhood priced from $1,100. Cedar Valley Apartments in the Steeplechase of Eagan neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here is today’s list of the most affordable Apple Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosewood Manor1 Bed, 1 bath1BR,1BA$1,100
Cedar Valley Apartments0BR/1.0BAStudio,1BA$1,120
Willow PondLilacStudio,1BA$1,125

Best Value Apartments for Rent in Apple Valley, MN

As of May 18, 2025 the best value apartment in the Apple Valley area is the $1.47 price per square foot Three Bedroom - A Model at The Legends of Apple Valley in the in the Cobblestone Legacy neighborhood starting from $1,974. The second greatest value Apple Valley apartment is the Cascade Model at Oakleaf Townhomes starting at $1,710 with a $1.46 price per square foot in the Steeplechase of Eagan neighborhood. Here is today’s list of the best values for Apple Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Legends of Apple ValleyThree Bedroom - A3BR,2BA$1.47
Oakleaf TownhomesCascade3BR,1.5BA$1.46
Boulder RidgeThe Mica1BR,1BA$1.44
Applewoods Apartments2 Bedroom 1 Bathrom2BR,1BA$1.55
Elevate on Parkway2 Bed - 2 Bath (Renovated)2BR,2BA$1.60
KINGSTON GREENOpen concept living with walk-out patio/balcony1BR,1BA$1.53
Boulder Court Apartments2 Bedroom2BR,1BA$1.53
Twelve 501 Apartment HomesThe Dylan1BR,1BA$1.58
The Woods of Burnsville ApartmentsSycamore1BR,1BA$1.56
Connelly On ElevenA1R1BR,1BA$1.61

Quick 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.

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Frequently Asked Questions about Apple Valley

What type of rentals are currently available in Apple Valley?

There are currently 119 Apartments for Rent in Apple Valley, MN with pricing that ranges from $1,000 to $5,920. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Apple Valley ranging from $1,550 to $3,395.

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 $1,550 to $3,395 with an average monthly rent of $2,590.

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 $1,599 to $5,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,601 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $2,499.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.