7107 153rd Ter
SavageMN55378
Cheap Homes for Rent in Prior Lake, MN from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Prior Lake.
16955 Toronto Ave SE, Unit 16955 Toronto Av SE 308
16955 Toronto Ave SE
Prior LakeMN55372
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.
1925 Southcross Dr W
BurnsvilleMN55306
1575 Hummingbird St
ShakopeeMN55379
1405 4th Ave E
ShakopeeMN55379
7451 Derby Ln
ShakopeeMN55379
14205 Alabama Ave
SavageMN55378
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.
14438 Sumter Ave
SavageMN55378
14438 Sumter Ave
SavageMN55378
15313 Greenhaven Ln
BurnsvilleMN55306
4567 Colorado St SE
Prior LakeMN55372
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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 Prior Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prior Lake 2 Bedroom Homes for Rent | $1,969 | $1,450 | $2,495 |
| Prior Lake 3 Bedroom Homes for Rent | $2,472 | $1,000 | $3,100 |
| Prior Lake 4 Bedroom Homes for Rent | $3,029 | $2,095 | $4,995 |
| Prior Lake 5 Bedroom Homes for Rent | $3,614 | $2,895 | $4,250 |
Browse Top Homes for Rent in Prior Lake
Explore Prior Lake
Prior Lake, MN Local Guide
- Prior Lake Neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Available Prior Lake Apartments for Rent
The cheapest available apartment rental in Prior Lake, MN is a Studio unit found at Springs at Egan Drive in the Riverside Fields neighborhood priced from $1,293. Reside in the Riverside Fields neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,320. Here is today’s list of the most affordable Prior Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Springs at Egan Drive | Studio Grand Overlook | Studio,1BA | $1,293 |
| Reside | Lark (0-0) | Studio,1BA | $1,320 |
| Hearthwood Apartments | 1BR/1.0BA | 1BR,1BA | $1,350 |
| The Grainwood Senior Apartments | One Bedroom - K | 1BR,1BA | $1,428 |
| Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $1,436 |
Best Value Apartments for Rent in Prior Lake, MN
As of June 24, 2025 the best value apartment in the Prior Lake area is the $1.44 price per square foot 2 Bed/ 2 Bath Model G Model at Courtwood Village I in the in the Downtown Prior Lake neighborhood starting from $1,599. The second greatest value Prior Lake apartment is the 2 bed 1 bath Model at Kestrel Village Apartments starting at $1,448 with a $1.58 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. |
|---|---|---|---|
| Courtwood Village I | 2 Bed/ 2 Bath Model G | 2BR,2BA | $1.44 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.58 |
| The Grainwood Senior Apartments | One Bedroom - B | 1BR,1BA | $1.86 |
| Emblem Shakopee | A1.1 | 1BR,1BA | $2.18 |
| TRIO @ southbridge | One Bedroom - A | 1BR,1BA | $2.03 |
| Lake Ridge Apartments | 1 Bed | 1 Bath (B) | 1BR,1BA | $2.21 |
| Brooksville | 2 Beds, 2 baths | 2BR,2BA | $2.06 |
| Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $2.21 |
| Hearthwood Apartments | 1BR/1.0BA | 1BR,1BA | $2.08 |
| Springs at Egan Drive | Studio Grand Overlook | Studio ,1BA | $2.08 |
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Frequently Asked Questions about Prior Lake
What type of rentals are currently available in Prior Lake?
There are currently 46 Apartments for Rent in Prior Lake, MN with pricing that ranges from $1,195 to $2,799. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prior Lake ranging from $1,000 to $4,995.
What is the current price range for Rental Homes in Prior Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prior Lake ranges from $1,000 to $4,995 with an average monthly rent of $2,771.
How much are larger Three and Four Bedroom Rentals in Prior Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prior Lake range from $1,673 to $2,740, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $2,499.
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.