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2026 Compare Cities Housing:
Apple Valley, MN vs Carmel, IN

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Highlights
- The median age of a home in Apple Valley is 24.2% older than the median age of a home in Carmel.
 Apple Valley, MNCarmel, INUnited States
 Median Home Age33  Unlock42
 Median Home Cost  Unlock$493,000$338,100
 Home Appr. Last 12 months9.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock62.9%57.0%
 Home Appr. Last 10 yrs.85.8%  Unlock101.1%
 Property Tax Rate  Unlock$9.1$11.0
 Homes Owned74.0%  Unlock57.4%
 Housing Vacant  Unlock5.8%11.2%
 Homes Rented23.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Apple Valley, MNCarmel, INUnited States
 Average Rent  Unlock$1,890$1,840
 Studio Apartment$1,190  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,230$1,180
 2 Bedroom Home or Apartment$1,670  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,920$1,860
 4 Bedroom Home or Apartment$2,620  Unlock$2,160
 space1
 Vacant Housing
 Apple Valley, MNCarmel, INUnited States
 Vacant For Rent  Unlock2.2%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock1.1%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other0.2%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Apple Valley, MNCarmel, INUnited States
 Less Than $20,000  Unlock0.6%2.6%
 $20,000 to $39,9991.1%  Unlock2.4%
 $40,000 to $59,999  Unlock0.1%2.8%
 $60,000 to $79,9990.6%  Unlock3.9%
 $80,000 to $99,999  Unlock0.8%4.5%
 $100,000 to $149,9994.2%  Unlock11.3%
 $150,000 to $199,999  Unlock6.6%13.0%
 $200,000 to $299,99935.8%  Unlock20.1%
 $300,000 to $399,999  Unlock25.2%13.6%
 $400,000 to $499,99913.3%  Unlock8.3%
 $500,000 to $749,999  Unlock14.6%9.7%
 $750,000 to $999,9990.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.4%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.6%1.1%
 space3
 Housing Units By Year Built
 Apple Valley, MNCarmel, INUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock21.1%13.6%
 2000 to 200913.7%  Unlock13.6%
 1990 to 1999  Unlock22.9%13.6%
 1980 to 198921.6%  Unlock13.2%
 1970 to 1979  Unlock13.1%14.8%
 1960 to 196923.8%  Unlock13.6%
 1950 to 1959  Unlock3.3%10.0%
 1940 to 19490.3%  Unlock4.7%
 1939 or Earlier  Unlock1.0%12.2%
Transportation
Reviews for Apple Valley    5 Reviews
Sheri · St. Paul, MN
I like Mn...
Over 16 years ago

Being ex military, I have traveled to a lot of States. If I had my way, Id live in San Diego, but I can't afford it. My second choice would be Mn. There are lots of  More

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Mary · St. Paul, MN
Apple Valley
Over 17 years ago

Apple Valley is a somewhat boring place to live. Most of the houses look the same. They are painted the same to conform to rules. Mostly chain stores but I prefer  More

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Jim · Minneapolis, MN
AV
Over 18 years ago

Quiet w lots of parks and low  More

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Reviews for Carmel    26 Reviews
Roxane · Medora, IN
Midwest upper middle class town
Over 7 years ago

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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Randal · Verona, WI
Prosperous EdgeCity Suburb Filled with Roundabouts
Over 8 years ago

This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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H · Indianapolis, IN
Carmel is the best
Over 11 years ago

Carmel is hands down the best place to live in  More

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Learn More About Apple Valley, Minnesota
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