Apple Valley / Lakeville / Hastings, MN · Minneapolis metro
Long-term Rental Rates — September 2026 · ZIPs: 55024,55033,55044,55068
Local market data by Estaite
As of September 2026, rental prices in Apple Valley / Lakeville / Hastings (55024, 55033, 55044, 55068), in the Minneapolis metro area, range from $1,580 to $3,119 per month depending on property type and bedroom count.
The largest year-over-year decline was seen in single-family 2BR rentals in Apple Valley / Lakeville / Hastings, MN, which dropped 4.82%.
Among 2BR units, apartments command a median rent of $1,984 while condos/townhomes trail at $1,955.
What are the typical rent prices in Apple Valley / Lakeville / Hastings, MN, according to September 2026 data?
Rental prices range from $1,580 for a 1BR condo/townhome up to $3,119 for a 4BR apartment in Apple Valley / Lakeville / Hastings, MN, as of September 2026.
Which rental segment experienced the largest annual rent decrease in Apple Valley / Lakeville / Hastings, MN?
Single-family 2BR properties declined the most year-over-year with a -4.82% change; this decrease is not broad across all single-family rentals, as other bedrooms either had smaller declines or posted increases.
Which property type and bedroom count led annual rent growth in Apple Valley / Lakeville / Hastings, MN?
Apartment 2BR units saw the biggest year-over-year growth at 6.71% in September 2026, and apartments performed well across all bedroom counts, showing positive YoY changes.
What was the segment with the most pronounced month-over-month rent change in Apple Valley / Lakeville / Hastings, MN?
The sharpest monthly movement was in apartment 2BR rentals, which increased 12.56% from the previous month to $1,984 in September 2026.
Apple Valley / Lakeville / Hastings, MN· Minneapolis metro
September 2026
55024,55033,55044,55068
Long-term Rental Rates
Long-term rental rates for Apple Valley / Lakeville / Hastings (55024,55033,55044,55068), in the Minneapolis metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,544 – $1,706
5.55%
4.22%
2-Bedroom
$1,885 – $2,083
12.56%
6.71%
3-Bedroom
$2,431 – $2,714
4.73%
3.66%
4-Bedroom
$2,981 – $3,281
3.95%
5.69%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,541 – $1,620
-0.96%
0.77%
2-Bedroom
$1,907 – $2,004
-0.26%
0.41%
3-Bedroom
$2,325 – $2,519
-2.53%
-2.98%
4-Bedroom
$2,860 – $3,037
1.91%
0.36%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,698 – $1,764
0.38%
5.05%
2-Bedroom
$1,888 – $2,013
-7.41%
-4.82%
3-Bedroom
$2,480 – $2,753
3.12%
-4.01%
4-Bedroom
$2,883 – $3,155
0.43%
1.43%
Data updated: October 19, 2026
Apple Valley / Lakeville / Hastings Rental Trends · Minneapolis metro
In the Apple Valley / Lakeville / Hastings (55024, 55033, 55044, 55068) rental market, 2-bedroom apartments saw median rent decrease by 9.48% month-over-month to $1,730 in August 2026. Year-over-year, rents for this segment retreated by 4.17%, marking significant drops not seen in other apartment sizes in recent months.
While 3-bedroom apartment rents in Apple Valley / Lakeville / Hastings (55024, 55033, 55044, 55068) averaged $2,343, 3-bedroom condos and townhomes reached $2,499—outperforming apartments by $156. Notably, condos and townhomes in this segment gained 1.0% year-over-year as apartments dropped 4.14% within the same period.
Among larger units, Apple Valley / Lakeville / Hastings (55024, 55033, 55044, 55068) rental trends indicate that 4-bedroom single-family homes experienced a 1.16% rise in median rent month-over-month, reaching $2,993. With a 1.65% year-over-year increase, this segment shows persistent upward movement compared to other property types.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$1,625
$1,984
$2,572
$3,119
August 2026
$1,489
$1,730
$2,343
$3,004
July 2026
$1,592
$1,941
$2,417
$2,982
June 2026
$1,575
$1,926
$2,392
$2,957
May 2026
$1,543
$1,844
$2,382
$2,927
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
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$1,580
$1,955
$2,422
$2,948
August 2026
$1,592
$1,981
$2,499
$2,889
July 2026
$1,584
$1,936
$2,498
$2,912
June 2026
$1,579
$1,943
$2,471
$2,894
May 2026
$1,559
$2,003
$2,511
$2,869
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
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$1,710
$1,951
$2,616
$3,019
August 2026
$1,703
$2,114
$2,545
$2,993
July 2026
$1,691
$2,083
$2,656
$2,959
June 2026
$1,672
$2,080
$2,609
$2,990
May 2026
$1,654
$2,058
$2,574
$2,982
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
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