Home Insurance in Apple Valley, Minnesota
Homes in Apple Valley carry a median value of $370,400 - close to the Dakota County median.
The typical home in Apple Valley was built around 1990. About 3% of homes were built before 1960, about 8 points below Dakota County's 11%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Apple Valley, the housing stock is 78% single-family homes, 18% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
In Apple Valley, about 67% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Apple Valley has an owner-occupancy rate of 73% and a vacancy rate of 2%; unoccupied homes typically need a different coverage form.
82% of homes in Apple Valley are primarily heated with natural gas.
Dakota County's top FEMA-rated hazard is strong wind (Very High), per FEMA's National Risk Index. Dakota County had 189 active NFIP flood policies as of September 2026. See the full Dakota County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Minnesota carries a statewide average premium of $1,988 per year.
Key figures
| Median home value | $370,400 |
|---|---|
| Median year built | 1990 |
| Owner-occupied share | 73% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Dakota County | 189 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)