16534 Franklin Trl SE, Unit 2A
16534 Franklin Trl SE
Prior LakeMN55372
Cheap Homes for Rent in Grainwood Neighborhood of Prior Lake, MN from $1,300 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Grainwood area of Prior Lake.
4175 Quaker Trail NE
Prior LakeMN55372
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Grainwood, Prior Lake, MN Local Guide
Sunset Prior Lake by Laura is licensed under CC BY 2.0
How much does it cost to rent a home in Grainwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grainwood 2 Bedroom Homes for Rent | $1,550 | $1,300 | $1,800 |
| Grainwood 3 Bedroom Homes for Rent | $5,250 | $5,250 | $5,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Grainwood Neighborhood of Prior Lake, MN.
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Grainwood, Prior Lake, MN Local Guide
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Best Value Apartments for Rent in Grainwood, MN
As of September 14, 2025 the best value apartment in the Grainwood area is the $1.38 price per square foot C2 Model at Pike Lake Marsh in the in the Downtown Prior Lake neighborhood starting from $1,419. The second greatest value Grainwood apartment is the 2 bed 1 bath Model at Kestrel Village Apartments starting at $1,399 with a $1.53 price per square foot in the Downtown Prior Lake neighborhood. Here is today’s list of the best values for Grainwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pike Lake Marsh | C2 | 2BR,2BA | $1.38 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.53 |
| Courtwood Village 2 | 1 Bed/1 Bath | 1BR,1BA | $1.80 |
| Creekside Commons Apartments | 1BR/1.0BA | 1BR,1BA | $1.74 |
| The Grainwood Senior Apartments | One Bedroom - E | 1BR,1BA | $1.95 |
| Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $2.38 |
| Hearthwood Apartments | 1BR/1.0BA | 1BR,1BA | $1.99 |
| Brooksville | 1 Bed 1 Bath | 1BR,1BA | $1.68 |
| Lake Ridge Apartments | 0 Bed | 1 Bath (Studio) | Studio ,1BA | $2.51 |
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Pet Friendly LifestyleGrainwood, Prior Lake, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Grainwood
What type of rentals are currently available in Grainwood?
There are currently 31 Apartments for Rent in Grainwood, MN with pricing that ranges from $1,095 to $2,445. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grainwood ranging from $1,300 to $5,250.
What is the current price range for Rental Homes in Grainwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grainwood ranges from $1,300 to $5,250 with an average monthly rent of $3,400.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.