Palomino East
12555 Pennock Ave,
Apple Valley, MN 55124
$1,710 - $1,795 Plus Fees
2 Beds
With a name like "Apple Valley," you might be expecting to find acres of green fields, mature trees, sparkling lakes, and perhaps even a red barn or two. And, while you wouldn't be far off the mark, there's much more to Apple Valley -- it is home to the Minnesota Zoo, the Valleywood Golf Course, and a busy shopping district. Apple Valley is perfectly located, directly south of the Twin Cities and bordering I-35 E for easy commutes. From your new Apple Valley apartment, you can reach Minneapolis in roughly 25 minutes and St. Paul in 20 minutes. Apple Valley is actually named for Apple Valley, California. The city was founded in 1969 and has grown to become one of the state's largest cities. It even made Money Magazine's "Best Places to Live" list several times, starting in 2007. This is a beautiful city, filled with lakes, parks, and hiking trails. Be sure to visit Lebanon Hills Regional Park, the largest park in Dakota County. With nearly 2,000 acres to explore, this park features hiking trails, campgrounds, swimming areas, fishing, mountain biking, canoeing, and playgrounds. Winter brings more fun, with cross-country skiing, kicksledding, sledding, ice skating, and snowshoeing.
As of March 2026, the average apartment rent in Apple Valley, MN is $1,230 for a studio, $1,474 for one bedroom, $1,804 for two bedrooms, and $2,147 for three bedrooms. Apartment rent in Apple Valley has increased by 0.2% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Apple Valley, MN is for everyday living.
Somewhat Walkable
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Somewhat Bikeable
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Diamond Path Elementary School
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School Of Environmental Studies
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The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.