3615 200th St E
Prior LakeMN55372
Cheap Apartments for Rent in Prior Lake, MN from $900 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Prior Lake.
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$1,287 - $1,673
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowKestrel Village Apartments
16650 Brunswick AvePrior Lake, MN 55372
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$1,350
Plus Fees
1 Bedroom Apartments Available Apr 10Hearthwood Apartments
16516 Franklin Trl SEPrior Lake, MN 55372
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$1,375 - $1,645
Plus Fees
1 to 2 Bedroom Apartments Available Mar 1The Village at Five Hawks
16611-16635 Five Hawks Ave SEPrior Lake, MN 55372
4680 Tower St SE, Unit 310
4680 Tower St SE
Prior LakeMN55372
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,399 - $1,599
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCourtwood Village 2
17088 Adelmann St SEPrior Lake, MN 55372
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Rent Specials
$1,413 - $1,972
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThe Grainwood Senior Apartments
5119 Gateway St SEPrior Lake, MN 55372
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$1,484 - $1,794
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,385 - $1,695
Required Monthly Fees
$99
Total Monthly Price
$1,484 - $1,794
Creekside Commons Apartments
16535 Tranquility Ct SEPrior Lake, MN 55372
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$1,500 - $2,600
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,425 - $2,525
Required Monthly Fees
$75
Total Monthly Price
$1,500 - $2,600
Jeffers Waterfront Apartments
3800 Jeffers Pky NWPrior Lake, MN 55372
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1 to 2 Bedroom Apartments
McKenna Crossing (Senior 65+)
13810 Shepherds Path NWPrior Lake, MN 55379
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 2 Bedroom Apartments
5114 Memorial Trl SE
5114 Memorial Trl SEPrior Lake, MN 55372
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1 to 2 Bedroom Apartments
Brooksville
16829 Toronto Ave SEPrior Lake, MN 55372
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Studio to 2 Bedroom Apartments
Lake Ridge Apartments
13854 McKenna Rd NWPrior Lake, MN 55379
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Rent Specials
$1,377 - $3,233
Plus Fees
Studio to 3 Bedroom Apartments Available NowElwood Apartment Homes
1610 Emblem WayShakopee, MN 55379
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Rent Specials
$1,423 - $2,425
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,320 - $2,322
Required Monthly Fees
$103
Total Monthly Price
$1,423 - $2,425
The Murphy
15425 Dakota AveSavage, MN 55372
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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1 to 3 Bedroom Apartments
Louisiana Lofts
14977 Louisiana AveSavage, MN 55378
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1 to 3 Bedroom Apartments
Sarazin Flats
1575 Sarazin StShakopee, MN 55379
Showing Results 1-17, Page 1 of 1
Prior Lake, MN Local Guide
Sunset Prior Lake by Laura is licensed under CC BY 2.0
How much does it cost to rent an apartment in Prior Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prior Lake Studio Apartments | $1,400 | $1,377 | $1,423 |
| Prior Lake 1 Bedroom Apartments | $1,619 | $1,350 | $1,990 |
| Prior Lake 2 Bedroom Apartments | $1,958 | $1,287 | $2,455 |
| Prior Lake 3 Bedroom Apartments | $2,273 | $1,673 | $2,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Prior Lake
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Prior Lake, MN Local Guide
- Prior Lake Neighborhoods
- Nearby Cities
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Cheapest Available Prior Lake Apartments for Rent
The cheapest available apartment rental in Prior Lake, MN is a 2 Beds unit found at Kestrel Village Apartments in the Downtown Prior Lake neighborhood priced from $1,287. Lake Ridge Apartments in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,391. Here is today’s list of the most affordable Prior Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1,287 |
| Lake Ridge Apartments | 0 Bed | 1 Bath (Studio) | Studio,1BA | $1,391 |
| Courtwood Village 2 | 1 Bed/1 Bath | 1BR,1BA | $1,399 |
| The Grainwood Senior Apartments | One Bedroom - L | 1BR,1BA | $1,413 |
| Elwood Apartment Homes | Fern | 1BR,1BA | $1,482 |
Best Value Apartments for Rent in Prior Lake, MN
As of January 25, 2026 the best value apartment in the Prior Lake area is the $1.26 price per square foot Three Bedroom B Model at Core Crossings Apartments in the in the Riverside Fields neighborhood starting from $1,588. The second greatest value Prior Lake apartment is the 2BR/1.0BA Model at Creekside Commons Apartments starting at $1,649 with a $1.62 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. |
|---|---|---|---|
| Core Crossings Apartments | Three Bedroom B | 3BR,2BA | $1.26 |
| Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.62 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.41 |
| Reside | Robin (1-1) | 1BR,1BA | $1.93 |
| Courtwood Village 2 | 1 Bed/1 Bath | 1BR,1BA | $1.80 |
| Elwood Apartment Homes | Nyquist | 1BR,1BA | $2.03 |
| TRIO @ southbridge | One Bedroom - A | 1BR,1BA | $2.14 |
| The Grainwood Senior Apartments | One Bedroom - A | 1BR,1BA | $1.93 |
| Jeffers Waterfront Apartments | The Galley ADA | 1BR,1BA | $2.30 |
| The Murphy | The Cavallo | 1BR,1BA | $2.40 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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Frequently Asked Questions about Cheap Prior Lake Apartments
How much is rent for a Cheap One Bedroom Prior Lake Apartment?
The lowest price for a Cheap One Bedroom Prior Lake Apartment is $1,399 at Courtwood Village 2.
What is the lowest price for a Cheap Two Bedroom Prior Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prior Lake is starting from $1,287 at Kestrel Village Apartments.
What is the most affordable Prior Lake Three Bedroom Apartment?
The best deal on a cheap Prior Lake Three Bedroom Apartment rental is at Core Crossings Apartments and starts from $1,588.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.