Apartments for rent in Spring Valley, MN

Spring Valley is a small town in Minnesota with a population of just under 3,000. It's a nice place to settle down, as retirees account for a greater percentage of the population (18%) here than they do nationally (14%). Home ownership is more common than renting in the area, and 24% of residents rent. Renters in the town benefit from a relatively low average rent of $631 per month, which is $361/month less than the state average.

Spring Valley has a large number of residents older than 25 who have earned a high school degree or GED (29%) compared to the national average. Additionally, 10% have earned a Bachelor's, Master's, Professional, or Doctoral degree. There are plenty of industries from which to choose in Spring Valley, the most common four of which are healthcare, manufacturing, retail, and warehousing. Together, these industries account for 33% of the town's workforce. Meanwhile, looking at job function, many workers in these industries are in sales, as 8% of the town's population reports this as their field of work, the highest number of any field. Spring Valley workers bring in an average annual income of just over $61K, less than the average Minnesota resident. Spring Valley's average income also falls below the national average of $73,345.

Averaging about 31 minutes, the commute time for Spring Valley residents is longer than the Minnesota average of about 25 minutes. Driving a vehicle is the typical way to get to work, selected by 45% of residents, while public transit is not used much. Walking (3%) isn't a common means of commuting to work, though the number surpasses the national average.