Apple Valley, MN

This city of 55,610 residents needs 410 more housing units over the next five years. Apple Valley is part of the Metropolitan Council.

Housing snapshot

Population
55,610 (2026)
Households
21,605
Median household income
$104,272 (2026)
Typical home value
$375,964
Owner-occupied
72%
Five-year housing need
410 units

Comparison to other Minnesota municipalities

Apple Valley: $104,272 Median income (2026 estimate)
<$43K >$191K
Apple Valley: 0.7 jobs to household ratio
<0.04 >2.53
Apple Valley: Permits since 2021 represent 2.7% of housing
<0% >14.7%
On this page

How affordable is this community?

The typical home in Apple Valley, MN is valued at $375,964, well above the Minnesota average of $271,234. Apple Valley, MN's median household income of $104,272 puts the typical home within reach for most households.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Apple Valley, MN has a population of roughly 55,679, growing modestly at 0.8% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

With roughly 21,605 households, Apple Valley, MN is growing modestly at 0.8% per year.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Apple Valley, MN, detached single-family accounts for 51% of the housing stock. Apple Valley, MN is a strongly owner-occupied community, with 72% of households owning their home.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Apple Valley, MN needs 410 new units over the next 5 years.

410
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
86
Replacement housing
Effective annual loss rate is 0.8 per 1,000 units.
217
Ownership vacancy adjustment
Owner-occupied vacancy is 0.2%. This is below the minimum stable target of 1.5%.
107
Rental vacancy adjustment
Rental vacancy is 5.8%. This is below the minimum stable target of 7.4%.
410
Total 5-year housing production need (2026-2031)
82
Annual production pace
Average units needed per year to meet 5-year need
1.9%
Total housing unit growth
Percent increase in housing stock over 5 years
0.4%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?