Cheap Houses for Rent in Prior Lake, MN

10 rentals

Apartments For Rent Near Prior Lake, MN

We found 27 more apartments matching your filters just outside Prior Lake

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 May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Jun 2025$2,790
Jul 2025$3,200
Aug 2025$2,800
Sep 2025$3,800
Oct 2025$2,282
Nov 2025$2,305
Dec 2025$2,150
Jan 2026$3,100
Feb 2026$3,300
Mar 2026$3,295
Apr 2026$3,299
May 2026$2,995
View as a graph

Average Rent By Bedroom and Home Type

In May 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$1,395$1,661$2,050$2,839$2,195
Townhomes—$3,300$2,195$3,169$2,195
Apartments and Condos$1,300———$1,300
Houses——$2,600$2,839$2,995
See more information about local market trends in Prior Lake, MN

Frequently Asked Questions about Houses for rent in Prior Lake, MN

  • What is the average rent of a house in Prior Lake, MN?
    The average rent of a house in Prior Lake, MN is $2,995 per month. This is about 55% 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 Apr 2025 when it was $1,500 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 Sep 2025 when it was $3,800 per month.
  • How many houses are available to rent in Prior Lake, MN?
    There are 10 available houses to rent 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.