Apple Valley / Lakeville / Hastings, MN

Long-term Rental Rates — April 2026  ·  ZIPs: 55024,55033,55044,55068

Local market data by Estaite

As of April 2026, rental prices in Apple Valley / Lakeville / Hastings, MN range from $1,524 to $2,911 per month depending on property type and bedroom count.

The largest year-over-year change was a -4.37% decline for 3-bedroom single-family rentals in Apple Valley / Lakeville / Hastings, MN.

For 2-bedroom units, single-family properties lead at $2,004 compared to $1,891 for condos/townhomes and $1,831 for apartments.

What is the typical rent range in Apple Valley / Lakeville / Hastings, MN as of April 2026?

Rents in Apple Valley / Lakeville / Hastings, MN as of April 2026 range from $1,524 for a 1-bedroom apartment up to $2,911 for a 4-bedroom apartment.

Which property segment in Apple Valley / Lakeville / Hastings, MN saw the largest annual rent decrease, and was the decline broad or limited?

The 3-bedroom single-family segment experienced the largest year-over-year rent decline at -4.37%, and the decrease is limited to that bedroom count, as other single-family bedrooms posted YoY increases.

Which property type and bedroom count in Apple Valley / Lakeville / Hastings, MN posted the highest annual rent growth, and is that growth broad or concentrated?

The single-family 1-bedroom segment saw the highest annual rent growth at 5.28% YoY, and this growth is not broad, as other single-family bedroom counts had smaller increases or even a decline for 3-bedrooms.

Where did the sharpest month-over-month rent change occur in Apple Valley / Lakeville / Hastings, MN and by how much?

The largest month-over-month movement was a -6.59% drop for 3-bedroom single-family rents, falling from $2,688 to $2,511 in April 2026.

Apple Valley / Lakeville / Hastings, MN

April 2026

55024,55033,55044,55068

Long-term Rental Rates

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,448 – $1,600 -1.75% 2.02%
2-Bedroom $1,739 – $1,922 -3.02% 0.97%
3-Bedroom $2,262 – $2,500 -2.08% -0.20%
4-Bedroom $2,867 – $3,042 0.25% 2.85%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,508 – $1,607 0.34% 4.38%
2-Bedroom $1,844 – $1,938 -1.58% 1.33%
3-Bedroom $2,302 – $2,494 -1.05% -0.52%
4-Bedroom $2,855 – $2,975 -0.17% 2.61%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,581 – $1,685 -0.45% 5.28%
2-Bedroom $1,954 – $2,054 -2.05% 2.80%
3-Bedroom $2,418 – $2,604 -6.59% -4.37%
4-Bedroom $2,778 – $3,040 1.13% 2.81%
Data updated: June 2, 2026

In the Apple Valley / Lakeville / Hastings (55024, 55033, 55044, 55068) rental market, 4-bedroom single-family homes recorded a median rent of $2,909 in April 2026, up 1.13% month-over-month. This increase was higher than the MoM changes for apartments and condo/townhomes in the same bedroom category, supporting upward momentum in larger detached units.

Across Apple Valley / Lakeville / Hastings (55024, 55033, 55044, 55068), 1-bedroom condos/townhomes set a median rent of $1,558, topping 1-bedroom apartments at $1,524 by $34. The annual growth rate for condos/townhomes was 4.38% YoY, stronger than apartments, which climbed 2.02% YoY in this segment.

Recent data show that Apple Valley / Lakeville / Hastings (55024, 55033, 55044, 55068) rental trends highlight a steep month-over-month decline for 3-bedroom single-family homes, which fell 6.59% to a median rent of $2,511. This segment posted the sharpest immediate decrease among all tracked property types for April 2026.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $1,524 $1,831 $2,381 $2,911
March 2026 $1,550 $1,884 $2,439 $2,904
February 2026 $1,525 $1,849 $2,422 $2,922
January 2026 $1,526 $1,866 $2,463 $2,953
December 2025 $1,545 $1,864 $2,467 $2,971
November 2025 $1,560 $1,856 $2,467 $2,979
October 2025 $1,557 $1,832 $2,455 $2,966
September 2025 $1,536 $1,822 $2,463 $2,952
August 2025 $1,524 $1,815 $2,454 $2,932
July 2025 $1,494 $1,812 $2,440 $2,909
June 2025 $1,496 $1,795 $2,402 $2,880
May 2025 $1,490 $1,797 $2,369 $2,851

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $1,558 $1,891 $2,398 $2,889
March 2026 $1,553 $1,927 $2,442 $2,894
February 2026 $1,556 $1,940 $2,496 $2,916
January 2026 $1,567 $1,949 $2,440 $2,935
December 2025 $1,578 $1,956 $2,469 $2,954
November 2025 $1,578 $1,954 $2,470 $2,964
October 2025 $1,573 $1,936 $2,472 $2,953
September 2025 $1,563 $1,941 $2,486 $2,937
August 2025 $1,547 $1,943 $2,467 $2,921
July 2025 $1,535 $1,946 $2,460 $2,901
June 2025 $1,517 $1,902 $2,426 $2,875
May 2025 $1,499 $1,881 $2,392 $2,837

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $1,632 $2,004 $2,511 $2,909
March 2026 $1,640 $2,045 $2,692 $2,866
February 2026 $1,640 $2,054 $2,727 $2,885
January 2026 $1,638 $2,058 $2,743 $2,899
December 2025 $1,642 $2,069 $2,740 $2,932
November 2025 $1,644 $2,072 $2,733 $2,932
October 2025 $1,636 $2,060 $2,750 $2,934
September 2025 $1,627 $2,049 $2,742 $2,946
August 2025 $1,616 $2,029 $2,737 $2,919
July 2025 $1,602 $2,014 $2,725 $2,904
June 2025 $1,583 $1,993 $2,703 $2,897
May 2025 $1,563 $1,967 $2,678 $2,863

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