Apartments For Rent in Prior Lake, MN

39 rentals

Apartments For Rent Near Prior Lake, MN

We found 30 more apartments matching your filters just outside Prior Lake

What Locals Say about Prior Lake

  • Wardclan2
    "Great community Safe and strong values Convenient to shopping & city Park areas are beautiful and well maintained"
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  • Mvp T. T.
    "Lakefront music festival, Lake front days, Rockin the Reeds, Sat morning farmers market and many other events that I don’t know the names of in details. "
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  • Gillmn
    "Been here 16 years. Safe and caring community. Well run. City Management can’t be beat. Excellent police department and services. Tax dollars at work with sound and well managed budget. Schools are tops."
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  • Gillmn
    "It has the most parks in Minnesota. City has responsible leadership and balanced budget. Many good restaurants and fine local shopping. Add a beautiful lake and ponds. "
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  • Paulnotermann17
    "Great schools, Parks and Lakes and very great environment with a well run city with an excellent police presence.Lake front Park is as beautiful park as you will fine anywhere in Minnesota .Great restaurants and quality service at Sul Lago’s on Main Street!"
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  • Pattie H.
    "Large lots with many mature trees. Near park's and lake access. Close to shopping. Easy access to county roads to get you where you need to be in a timely manner. Friendly neighborhood. "
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  • Paulnotermann17
    "Dog parks and running tracks are abundant and well maintained by the city! They have freedom to run and enjoy their lives."
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  • Julia D.
    "Lakefront Days and Saturday Farmers markets are most popular. Prior Lake has plenty going on, but it's always during normal business hours so it's hard to take advantage of them. "
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  • Ashley R.
    "Lots of dog owners in prior lake. Lots of great, free, scenic places to walk your pets. I’ve never had an issue owning a dog in this city "
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  • Logan R.
    "Very peaceful, full of nice families of all ages and sizes, and an all around fun place to live. Would highly recommend."
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  • Lori F.
    "Safe place for families to grow great neighbors close to town and surrounding areas very convenient "
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  • Albertkrisko
    "My husband and I moved here a year and a half ago and we absolutely love it. We are close to our children and grandchildren, our neighbors are friendly. "
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  • Mager
    "That if you have a small dog you should put it on a leash to protect if from wild animals. Not many food options or grocery stores either. "
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  • Stacied2012
    "I have lived in Prior Lake for a bit over 3 years and I love it. It has a small town vibe and everyone looks out for one another. Very family friendly city with wonderful schooling."
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  • Cassandra
    "Busy and convenient but quiet and calm at the same time. Love the location. Can walk to local restaurants and parks. "
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  • Lucy E. O.
    "It’s very peaceful and lots of scenery. Everyone seems friendly. Very beautiful neighborhood. The stores and movie theater is clean."
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Average Rent Trends in Prior Lake, MN

Rent in Prior Lake, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jul 2025$2,299
Aug 2025$2,100
Sep 2025$1,584
Oct 2025$1,579
Nov 2025$1,592
Dec 2025$1,726
Jan 2026$1,583
Feb 2026$1,700
Mar 2026$1,773
Apr 2026$2,300
May 2026$2,495
Jun 2026$2,000
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,406$1,634$2,300$3,189$2,250
Townhomes—$1,795$2,250$3,182$2,250
Apartments and Condos$1,200$1,275——$1,200
Houses—$2,000$2,890$2,900$2,900
See more information about local market trends in Prior Lake, MN

Frequently Asked Questions about Rentals in Prior Lake, MN

  • What is the average rent of an apartment in Prior Lake, MN?
    The average rent of an apartment in Prior Lake, MN is $1,503 per month. This is about 23% lower than the national average.
  • What is the average rent of a house in Prior Lake, MN?
    The average rent of a house in Prior Lake, MN is $2,900 per month. This is about 49% higher than the national average.
  • What is the average rent of a townhome in Prior Lake, MN?
    The average rent of a townhome in Prior Lake, MN is $2,250 per month. This is about 15% higher than the national average.
  • When is the average rent cheapest in Prior Lake, MN?
    In the last year, the average rent in Prior Lake, MN was lowest in Oct 2025 when it was $1,579 per month.
  • When is the average rent most expensive in Prior Lake, MN?
    In the last year, the average rent in Prior Lake, MN was highest in Jul 2025 when it was $2,299 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Prior Lake, MN?
    The average rent of a 1 bedroom apartment in Prior Lake, MN is $1,406 per month. That is about $211 more than the cost of a studio apartment.
  • How many available rental listings are in Prior Lake, MN?
    There are 41 available rental listings in Prior Lake, MN.
  • What are some zip codes in Prior Lake, MN?
    Prior Lake, MN includes zip codes such as: 55372.
  • What are some cities near Prior Lake, MN?
    Some nearby cities include: Savage, Lakeville, Shakopee, Elko New Market, Jordan. These cities may have more rental options to explore.