The typical owner-occupied home in Apple Valley is worth about $407,400, 45% below the California median of $734,700 and 22% above the national median of $332,700. Owners pay a median $2,772 a year in property taxes, about 0.68% of their home's value, close to the California rate of 0.70%. The median household earns $69,882 a year, so the median home costs 5.8 times the median income (7.4 times for California). 70% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Apple Valley at a glance
| Apple Valley | California | U.S. | |
|---|---|---|---|
| Median home value | $407,400 | $734,700 | $332,700 |
| Median property tax paid per year | $2,772 | $5,124 | $3,119 |
| Property tax as a share of value | 0.68% | 0.70% | 0.94% |
| Median household income | $69,882 | $99,122 | $80,734 |
| Homes lived in by their owners | 70% | 56% | 65% |
| Owner homes with a mortgage | 68% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,986 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 25.6% | 24.8% | 21.0% |
| Median rent | $1,444 | $2,036 | $1,413 |
| Rent as a share of renters' income | 36.8% | 32.8% | 30.6% |
| Median year homes were built | 1987 | 1976 | 1980 |
| Vacant homes | 2.4% | 7.5% | 10.1% |
| Population | 75,473 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Apple Valley
At this week's average 30-year rate of 7.11%, buying the median Apple Valley home of $407,400 with 20% down costs about $2,593 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,272, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $111,132 for the 20%-down payment. That payment is 45% of the median Apple Valley household income of $69,882; at that income and 20% down, the 28% guideline points to a home of about $256,000.
The median rent here is $1,444 a month, so owning the median home costs about $1,149 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $81,480 |
|---|---|
| Loan amount | $325,920 |
| Principal and interest | $2,192 |
| Property taxes (0.68% a year) | $231 |
| Homeowners insurance (our estimate, 0.5% a year) | $170 |
| PMI | $0 |
| Total per month | $2,593 |
Change the numbers in the calculator
| Down payment | $14,259 |
|---|---|
| Loan amount | $400,021 |
| Principal and interest | $2,691 |
| Property taxes (0.68% a year) | $231 |
| Homeowners insurance (our estimate, 0.5% a year) | $170 |
| FHA mortgage insurance | $180 |
| Total per month | $3,272 |
Change the numbers in the calculator
Questions about home buying in Apple Valley
What is the median home value in Apple Valley?
About $407,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Apple Valley?
Homeowners pay a median $2,772 a year, which is about 0.68% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Apple Valley?
For the median home with 20% down at 7.11%, the payment is about $2,593 a month. Keeping that under 28% of gross income takes about $111,132 a year.
More about Apple Valley
- Mortgage Refinance in Apple Valley
- Debt Relief in Apple Valley
- Home Equity Loans in Apple Valley
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data