Luxury Apartments for Rent in Prior Lake, MN
30 rentals
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- $1,475 - $2,395/mo1-2 Beds1-2 BathsJeffers Waterfront Apartments | 3800 Jeffers Pkwy NW #200,
Prior Lake, MN 55372 - $1,595 - $2,095/mo2-3 Beds1-2 BathsCreekside Commons Apartments | 16535 Tranquility Ct SE #116,
Prior Lake, MN 55372 - $1,395 - $2,050/mo1-3 Beds1-2 BathsThe Village at Five Hawks | 16615 Five Hawks Ave SE #212-16635,
Prior Lake, MN 55372 - $1,629 - $1,659/mo2 Beds1-2 BathsCourtwood Village 2 | 17088 Adelmann St SE #CV2-117,
Prior Lake, MN 55372 - $1,395 - $1,650/mo2-3 Beds1-2 BathsKestrel Village | 16650 Brunswick Ave SE #720-200,
Prior Lake, MN 55372 - $1,345 - $1,545/mo1-2 Beds1 BathHearthwood Apartments | 16516 Franklin Trl SE #208,
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Apartments For Rent Near Prior Lake, MN
We found 30 more apartments matching your filters just outside Prior Lake
- PET FRIENDLY$1,895 - $4,500/mo1-4 Beds1-4 BathsWildwood Lakeville - Opening Summer 2026! | 16160 Kendale Dr #16002,
Lakeville, MN 55044 - PET FRIENDLY$2,725 - $4,100/mo2-4 Beds3-4 BathsThe Crossing at Ritter Meadows | 20457 Keystone Ave #9-20377,
Lakeville, MN 55044 - PET FRIENDLY
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- Total price$2,659 - $3,096/mo3-4 Beds3-4 BathsSummit Townhomes | 1500 McAndrews Rd W #1662,
Burnsville, MN 55337
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 increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,175 |
| 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 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 |
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 $1,463 per month. This is about 24% 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 $2,995 per month. This is about 55% 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 $2,195 per month. This is about 14% 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 $1,395 per month. That is about $3,005 less than the cost of a studio apartment.
- How many available rental listings are in Prior Lake, MN?There are 29 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.