5139 160th St SE
Prior LakeMN55372
Cheap Homes for Rent in Prior Lake, MN from $1,000 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Prior Lake.
13570 Technology Dr.
Eden PrairieMN55344
16783 Lyons Ave SE
Prior LakeMN55372
4664 Tower St SE
Prior LakeMN55372
9830 Upper 161st St W
LakevilleMN55044
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
13316 Zenith Ln
Eden PrairieMN55346
16477 Timber Crest Dr SE
Prior LakeMN55372
3315 Skyview Dr
TylerTX75707
4175 Quaker Trail NE
Prior LakeMN55372
12585 Gavotte Ave
St. PaulMN55124
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.
7255 126th St W
St. PaulMN55124
12710 Granger Ct
St. PaulMN55124
1389 Highpoint Curve
ShakopeeMN55379
14534 Lockslie Trail
SavageMN55378
607 E Burnsville Pkwy
BurnsvilleMN55337
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
9375 Country Dr
Prior LakeMN55372
Showing Results 1-16, 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 a home in Prior Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prior Lake 2 Bedroom Homes for Rent | $1,903 | $1,695 | $2,400 |
| Prior Lake 3 Bedroom Homes for Rent | $2,511 | $1,850 | $3,195 |
| Prior Lake 4 Bedroom Homes for Rent | $3,425 | $2,650 | $4,495 |
| Prior Lake 5 Bedroom Homes for Rent | $3,698 | $3,206 | $3,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Prior Lake, MN Local Guide
- Prior Lake Neighborhoods
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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 Reside in the Riverside Fields neighborhood priced from $1,385. The Grainwood Senior Apartments in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,390. Here is today’s list of the most affordable Prior Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reside | Lark (0-0) | Studio,1BA | $1,385 |
| The Grainwood Senior Apartments | One Bedroom - B | 1BR,1BA | $1,390 |
| Elwood Apartment Homes | Arkle | Studio,1BA | $1,418 |
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1,419 |
| Core Crossings Apartments | Three Bedroom A | 3BR,2BA | $1,460 |
Best Value Apartments for Rent in Prior Lake, MN
As of July 10, 2026 the best value apartment in the Prior Lake area is the $1.88 price per square foot 3 BR Grand Courtyard Garage Model at Springs at Egan Drive in the in the Riverside Fields neighborhood starting from $2,505. The second greatest value Prior Lake apartment is the Three Bedroom A Model at Core Crossings Apartments starting at $1,460 with a $1.12 price per square foot in the Riverside Fields 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. |
|---|---|---|---|
| Springs at Egan Drive | 3 BR Grand Courtyard Garage | 3BR,2BA | $1.88 |
| Core Crossings Apartments | Three Bedroom A | 3BR,2BA | $1.12 |
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1.34 |
| Courtwood Village I | 2 Bed/1 Bath Model B | 2BR,1BA | $1.70 |
| Courtwood Village 2 | 2 Bed/1 Bath | 2BR,1BA | $1.73 |
| The Village at Five Hawks | 2BR/1.0BA | 2BR,1BA | $1.71 |
| Elwood Apartment Homes | Skye | 1BR,1BA | $2.16 |
| The Grainwood Senior Apartments | One Bedroom - B | 1BR,1BA | $1.81 |
| 17073 Adelmann St SE | 17073 Adelmann St SE | 1BR,1BA | $1.60 |
| The Murphy | The Trotter | 1BR,1BA | $2.14 |
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.
Read Article
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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See the most popular apartments and homes in Prior Lake, MN
Frequently Asked Questions about Prior Lake
What type of rentals are currently available in Prior Lake?
There are currently 50 Apartments for Rent in Prior Lake, MN with pricing that ranges from $1,200 to $2,770. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prior Lake ranging from $1,095 to $4,495.
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 $1,095 to $4,495 with an average monthly rent of $2,640.
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
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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 Insider's Guide to Renting in the City of Lakes
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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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.