Search the lowest-cost Apartments available for rent right now in Prior Lake.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prior Lake Studio Apartments | $1,388 | $1,294 | $1,426 |
| Prior Lake 1 Bedroom Apartments | $1,649 | $1,359 | $2,019 |
| Prior Lake 2 Bedroom Apartments | $1,892 | $1,579 | $2,327 |
| Prior Lake 3 Bedroom Apartments | $2,244 | $1,775 | $2,547 |
The cheapest available apartment rental in Prior Lake, MN is a Studio unit found at Lake Ridge Apartments in the Downtown Prior Lake neighborhood priced from $1,298. Courtwood Village I in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,359. Here is today’s list of the most affordable Prior Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Ridge Apartments | 0 Bed | 1 Bath (Studio) | Studio,1BA | $1,298 |
| Courtwood Village I | 1 Bed/ 1 Bath Model A | 1BR,1BA | $1,359 |
| Pike Lake Marsh | C2 | 2BR,2BA | $1,380 |
| The Grainwood Senior Apartments | One Bedroom - F | 1BR,1BA | $1,395 |
| Springs at Egan Drive | Studio Grand Overlook | Studio,1BA | $1,395 |
| Courtwood Village 2 | 1 Bed/1 Bath | 1BR,1BA | $1,429 |
| Elwood Apartment Homes | Fern | 1BR,1BA | $1,482 |
| TRIO @ southbridge | One Bedroom - B | 1BR,1BA | $1,525 |
| Reside | Wren (1-4) (ADA) | 1BR,1BA | $1,535 |
| Jeffers Waterfront Apartments | The Galley ADA | 1BR,1BA | $1,543 |
As of April 27, 2026 the best value apartment in the Prior Lake area is the $1.34 price per square foot C2 Model at Pike Lake Marsh in the in the Downtown Prior Lake neighborhood starting from $1,380. The second greatest value Prior Lake apartment is the 1 Bed/1 Bath Model at Courtwood Village 2 starting at $1,429 with a $1.84 price per square foot in the Downtown Prior Lake neighborhood. Here is today’s list of the best values for Prior Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pike Lake Marsh | C2 | 2BR,2BA | $1.34 |
| Courtwood Village 2 | 1 Bed/1 Bath | 1BR,1BA | $1.84 |
| Courtwood Village I | 1 Bed/ 1 Bath Model A | 1BR,1BA | $1.78 |
| Elwood Apartment Homes | Nyquist | 1BR,1BA | $2.04 |
| The Grainwood Senior Apartments | One Bedroom - E | 1BR,1BA | $1.92 |
| Reside | Wren (1-0) | 1BR,1BA | $2.16 |
| TRIO @ southbridge | One Bedroom - B | 1BR,1BA | $2.10 |
| The Murphy | The Trotter | 1BR,1BA | $2.29 |
| Springs at Egan Drive | Studio Grand Overlook | Studio ,1BA | $2.24 |
| Lake Ridge Apartments | 0 Bed | 1 Bath (Studio) | Studio ,1BA | $2.27 |
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Read ArticleThe common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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The lowest price for a Cheap One Bedroom Prior Lake Apartment is $1,359 at Courtwood Village I.
Today's best deal for a Cheap Two Bedroom Apartment in Prior Lake is starting from $1,380 at Pike Lake Marsh.
The best deal on a cheap Prior Lake Three Bedroom Apartment rental is at The Grainwood Senior Apartments and starts from $1,899.
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