4680 Tower St SE, Unit 310
4680 Tower St SE
Prior LakeMN55372
Cheap Homes for Rent in Prior Lake, MN from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Prior Lake.
13570 Technology Dr.
Eden PrairieMN55344
92 Thomas Ln
ChaskaMN55318
8466 Kimball Dr
Eden PrairieMN55347
608 Roundhouse St
ShakopeeMN55379
611 E Burnsville Pkwy
BurnsvilleMN55337
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.
2027 Brittany Ct
ShakopeeMN55379
1651 Chadum Ln
ShakopeeMN55379
123 4th Ave E
ShakopeeMN55379
17337 River Birch Ln
Prior LakeMN55372
1848 Parkway Ave
ShakopeeMN55379
14198 Towers Ln
Eden PrairieMN55347
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.
20435 Kensfield Trail
LakevilleMN55044
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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 | $2,100 | $1,950 | $2,400 |
| Prior Lake 3 Bedroom Homes for Rent | $2,392 | $1,960 | $2,800 |
| Prior Lake 4 Bedroom Homes for Rent | $3,153 | $2,434 | $4,500 |
| Prior Lake 5 Bedroom Homes for Rent | $3,850 | $3,200 | $4,500 |
| Prior Lake 6 Bedroom Homes for Rent | $7,500 | $7,500 | $7,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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Cheapest Available Prior Lake Apartments for Rent
The cheapest available apartment rental in Prior Lake, MN is a Studio unit found at Elwood Apartment Homes in the Spring Lake Estates neighborhood priced from $1,343. Pike Lake Marsh in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,380. Here is today’s list of the most affordable Prior Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elwood Apartment Homes | Arkle | Studio,1BA | $1,343 |
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1,380 |
| Courtwood Village 2 | 1 Bed/1 Bath | 1BR,1BA | $1,399 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1,399 |
| Lake Ridge Apartments | 0 Bed | 1 Bath (Studio) | Studio,1BA | $1,411 |
Best Value Apartments for Rent in Prior Lake, MN
As of December 31, 2025 the best value apartment in the Prior Lake area is the $1.42 price per square foot Three Bedroom B Model at Core Crossings Apartments in the in the Riverside Fields neighborhood starting from $1,798. The second greatest value Prior Lake apartment is the 3BR/2.0BA Model at The Village at Five Hawks starting at $1,995 with a $1.68 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 | $1.42 |
| The Village at Five Hawks | 3BR/2.0BA | 3BR,2BA | $1.68 |
| Pike Lake Marsh | C2 | 2BR,2BA | $1.34 |
| Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.66 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.53 |
| Reside | Robin (1-1) | 1BR,1BA | $1.99 |
| Courtwood Village 2 | 1 Bed/1 Bath | 1BR,1BA | $1.80 |
| Elwood Apartment Homes | Nyquist | 1BR,1BA | $2.14 |
| TRIO @ southbridge | One Bedroom - A | 1BR,1BA | $2.14 |
| The Grainwood Senior Apartments | One Bedroom - E | 1BR,1BA | $1.95 |
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
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleEnjoy 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Prior Lake, MN Rentals by Map
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 46 Apartments for Rent in Prior Lake, MN with pricing that ranges from $1,320 to $2,770. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prior Lake ranging from $1,395 to $7,500.
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 $1,395 to $7,500 with an average monthly rent of $3,398.
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
Written by: Stephanie Lica
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!