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$1,065 - $1,160
Plus Fees
Studio Apartments Available NowParkwood Apartments
5160-5200 160th St SEPrior Lake, MN 55372
Cheap Apartments for Rent in the Spring Lake Neighborhood of Prior Lake, MN from $900 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Spring Lake area of Prior Lake.
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$1,200 - $1,440
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,200 - $1,440
Total Monthly Price
$1,200 - $1,440
16829 Toronto Ave SE
16829 Toronto Ave SEPrior Lake, MN 55372
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$1,287 - $1,750
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available Aug 7Kestrel Village Apartments
16650 Brunswick AvePrior Lake, MN 55372
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$1,294 - $1,524
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available Sep 11Total Monthly Price
Base Rent
$1,195 - $1,425
Required Monthly Fees
$99
Total Monthly Price
$1,294 - $1,524
Creekside Commons Apartments
16535 Tranquility Ct SEPrior Lake, MN 55372
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$1,395
Plus Fees
1 Bedroom Apartments Available Sep 10Hearthwood Apartments
16516 Franklin Trl SEPrior Lake, MN 55372
16704 Brunswick Ave SE
Prior LakeMN55372
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,413 - $1,924
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,413 - $1,924
Total Monthly Price
$1,413 - $1,924
The Grainwood Senior Apartments
5119 Gateway St SEPrior Lake, MN 55372
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$1,475 - $2,252
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,475 - $2,252
Total Monthly Price
Varies
Jeffers Waterfront Apartments
3800 Jeffers Pky NWPrior Lake, MN 55372
16686 Dublin Rd SE
Prior LakeMN55372
16724 Brunswick Ave SE
Prior LakeMN55372
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$1,545 - $1,995
Plus Fees
2 to 3 Bedroom Apartments Available NowThe Village at Five Hawks
16611-16635 Five Hawks Ave SEPrior Lake, MN 55372
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$1,599 - $1,629
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCourtwood Village I
17092 Adelmann St SEPrior Lake, MN 55372
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,629 - $1,659
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCourtwood Village 2
17088 Adelmann St SEPrior Lake, MN 55372
4175 Quaker Trail NE
Prior LakeMN55372
5139 160th St SE
Prior LakeMN55372
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1 to 2 Bedroom Apartments
5114 Memorial Trl SE
5114 Memorial Trl SEPrior Lake, MN 55372
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1 to 3 Bedroom Apartments
Pike Lake Marsh
4489 Marsh Dr NEPrior Lake, MN 55372
16477 Timber Crest Dr SE
Prior LakeMN55372
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
16505 Timber Crest Dr SE
Prior LakeMN55372
Showing Results 1-19, Page 1 of 1
Spring Lake, Prior Lake, MN Local Guide
How much does it cost to rent an apartment in Spring Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Lake Studio Apartments | $1,203 | $1,065 | $1,294 |
| Spring Lake 1 Bedroom Apartments | $1,595 | $1,200 | $1,950 |
| Spring Lake 2 Bedroom Apartments | $1,584 | $1,395 | $2,252 |
| Spring Lake 3 Bedroom Apartments | $1,758 | $1,650 | $1,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 3 mile radius of the Spring Lake Neighborhood of Prior Lake, MN.
See all Apartments in Prior LakeExplore Prior Lake
Spring Lake, Prior Lake, MN Local Guide
- Nearby Prior Lake neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Spring Lake Apartments for Rent
The cheapest available apartment rental in the Spring Lake area of Minneapolis, MN is a Studio unit found at Parkwood Apartments priced from $1,065. Jeffers Waterfront Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,480. Here are the most affordable Spring Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkwood Apartments | 1 and 2 bed | Studio, | $1,065 |
| Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $1,480 |
| The Grainwood Senior Apartments | Two Bedroom - A | 2BR,1BA | $1,499 |
| The Village at Five Hawks | 2BR/1.0BA | 2BR,1BA | $1,545 |
| Courtwood Village I | 2 Bed/1 Bath Model B | 2BR,1BA | $1,599 |
Best Value Apartments for Rent in Spring Lake, MN
As of July 31, 2026 the best value apartment in the Spring Lake area is the $1.74 price per square foot 2 Bed/ 2 Bath Model at Courtwood Village 2 in the in the Downtown Prior Lake neighborhood starting from $1,659. The second greatest value Spring Lake apartment is the 2 Bed/1 Bath Model B Model at Courtwood Village I starting at $1,599 with a $1.70 price per square foot in the Downtown Prior Lake neighborhood. Here is today’s list of the best values for Spring Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Courtwood Village 2 | 2 Bed/ 2 Bath | 2BR,2BA | $1.74 |
| Courtwood Village I | 2 Bed/1 Bath Model B | 2BR,1BA | $1.70 |
| The Grainwood Senior Apartments | Two Bedroom - A | 2BR,1BA | $1.68 |
| The Village at Five Hawks | 2BR/1.0BA | 2BR,1BA | $1.77 |
| Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $2.27 |
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.
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Real 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.
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Pet Friendly LifestyleSpring Lake, 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 Cheap Spring Lake Apartments
What is the price of a cheap apartment in Spring Lake?
The cheapest apartment in Spring Lake is Jeffers Waterfront Apartments which is listed at $1,480, while the average apartment in Spring Lake costs $1,700.
What types of apartments are the cheapest in Spring Lake?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Spring Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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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
Written by: Robin Stewart
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.