
Apartments for Rent in Prior Lake, MN Under $1,200 (5 Rentals)

The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Prior Lake, MN Local Guide

How much does it cost to rent an apartment in Prior Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prior Lake Studio Apartments | $1,368 | $1,195 | $1,550 |
Prior Lake 1 Bedroom Apartments | $1,606 | $1,325 | $1,885 |
Prior Lake 2 Bedroom Apartments | $2,001 | $1,440 | $2,380 |
Prior Lake 3 Bedroom Apartments | $2,396 | $1,673 | $2,740 |
Prior Lake 4 Bedroom Apartments | $2,857 | $2,599 | $3,200 |
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Prior Lake, MN Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The 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.
Getting Around Prior Lake, MN
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Prior Lake
What is the current price range for One Bedroom Prior Lake Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Prior Lake ranges from $1,325 to $1,885 with an average monthly rent of $1,606.
What does renting a Two Bedroom Apartment in Prior Lake cost?
The monthly rent prices of Two Bedroom Apartments currently available in Prior Lake range from $1,440 to $2,380. Today's average rental price for Two Bedrooms here is $2,001.
How expensive are Prior Lake Three Bedroom Apartments?
There are currently 10 Three Bedroom Apartments listings available in Prior Lake on ApartmentHomeLiving.com. The pricing ranges from $1,673 to $2,740 - averaging $2,396 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.