City Analysis/Comparison

Apple Valley vs Duluth

Side-by-side rent vs buy analysis comparing these two markets

Overall Comparison

Duluth has an edge

Duluth shows stronger fundamentals for buying with a 4-year break-even point.

Apple Valley, MN
RENT

100% confidence

Median Home Price

$383,346.54

Median Rent

$1,664.45/mo

Price-to-Rent Ratio

19.2

Property Tax RateTIE

1.13%

Price Change (1Y)

+1.7%

Price Change (5Y)

+8.3%

Break-Even Years

N/A

10-Year Wealth Difference

$243,352

Duluth, MN
BUY

70% confidence

Median Home PriceBETTER

$241,512.21

Median RentBETTER

$1,574.57/mo

Price-to-Rent RatioBETTER

12.8

Property Tax RateTIE

1.13%

Price Change (1Y)BETTER

+6.0%

Price Change (5Y)BETTER

+30.1%

Break-Even YearsBETTER

4 years

10-Year Wealth DifferenceBETTER

+$47,532

Key Differences

Home Prices

Apple Valley's median home price of $383,346.54 is higher than Duluth's $241,512.21 by 59%.

Monthly Rent

Renting in Apple Valley costs $1,664.45/mo compared to $1,574.57/mo in Duluth—a difference of $89.88/mo.

Buy vs Rent Verdict

Apple Valley favors renting, while Duluth favors buying.

Break-Even Timeline

Break-even analysis varies based on market conditions in each city.

Run Your Own Numbers

This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.

Explore More Cities