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What is the best way to rank these apps?
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It depends on what the app is for I think. For apps that just need to work (I can't afford it to break at a bad time), the most important thing is that it's well tested (lots of downloads) and has few 1 star reviews. I'd probably thus require 1M+ downloads (or perhaps 100k), and then rank those by % of downloads that result in 1 star reviews. That is: take the number of reviews, multiply by % 1 star, and divide that by number of downloads. (I assume that if someone has a 'necessary' app break, they will leave a review. This might be false if someone is using bots to inflate download numbers)
Interesting take.