4680 Tower St SE, Unit 310
4680 Tower St SE
Prior LakeMN55372
Cheap Homes for Rent in Prior Lake, MN from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Prior Lake.
607 W Burnsville Pkwy
BurnsvilleMN55337
608 Roundhouse St
ShakopeeMN55379
16377 Duluth Ave SE
Prior LakeMN55372
1651 Chadum Ln
ShakopeeMN55379
123 4th Ave E
ShakopeeMN55379
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
4116 Cj Cir SE
Prior LakeMN55372
418 2nd Ave E
ShakopeeMN55379
17337 River Birch Ln
Prior LakeMN55372
1848 Parkway Ave
ShakopeeMN55379
20435 Kensfield Trail
LakevilleMN55044
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.
Showing Results 1-12, 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 | $2,111 | $1,950 | $2,400 |
| Prior Lake 3 Bedroom Homes for Rent | $2,321 | $1,945 | $2,800 |
| Prior Lake 4 Bedroom Homes for Rent | $3,097 | $2,434 | $4,500 |
| Prior Lake 5 Bedroom Homes for Rent | $3,018 | $2,479 | $3,295 |
| 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
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Prior Lake Apartments for Rent
The cheapest available apartment rental in Prior Lake, MN is a 2 Beds unit found at Pike Lake Marsh in the Downtown Prior Lake neighborhood priced from $1,380. Courtwood Village 2 in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here is today’s list of the most affordable Prior Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| The Grainwood Senior Apartments | One Bedroom - L | 1BR,1BA | $1,413 |
Best Value Apartments for Rent in Prior Lake, MN
As of December 20, 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 C2 Model at Pike Lake Marsh starting at $1,380 with a $1.34 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 |
| 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 |
| The Village at Five Hawks | 2BR/1.0BA | 2BR,1BA | $1.71 |
| Reside | Robin (1-1) | 1BR,1BA | $2.00 |
| Courtwood Village 2 | 1 Bed/1 Bath | 1BR,1BA | $1.80 |
| TRIO @ southbridge | One Bedroom - End | 1BR,1BA | $2.11 |
| Elwood Apartment Homes | Nyquist | 1BR,1BA | $2.12 |
| 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 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.
Read ArticleQuick 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.
Let everyone know!
Do you know the Prior Lake area?
If you’re an expert on all things Prior Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 $2,607. There are also 36 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 $3,240.
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
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!
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.