
Cheap Homes for Rent in Spring Lake Neighborhood of Prior Lake, MN from $1,800 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Spring Lake area of Prior Lake.

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.

17343 River Birch Ln S E
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.
Spring Lake, Prior Lake, MN Local Guide

How much does it cost to rent a home in Spring Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Lake 2 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Spring Lake 3 Bedroom Homes for Rent | $2,763 | $2,195 | $3,095 |
| Spring Lake 4 Bedroom Homes for Rent | $3,145 | $2,896 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 3 mile radius of the Spring Lake Neighborhood of Prior Lake, MN.
Explore Prior Lake
Spring Lake, Prior Lake, MN Local Guide
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Best Value Apartments for Rent in Spring Lake, MN
As of June 06, 2026 the best value apartment in the Spring Lake area is the $1.34 price per square foot C2 Type B Model at Pike Lake Marsh in the in the Downtown Prior Lake neighborhood starting from $1,419. The second greatest value Spring Lake apartment is the 2BR/1.0BA Model at Creekside Commons Apartments starting at $1,694 with a $1.67 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. |
|---|---|---|---|
| Pike Lake Marsh | C2 Type B | 2BR,2BA | $1.34 |
| Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.67 |
| Courtwood Village 2 | 2 Bed/1 Bath | 2BR,1BA | $1.73 |
| The Grainwood Senior Apartments | One Bedroom - E | 1BR,1BA | $1.92 |
| Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $2.39 |
| The Village at Five Hawks | 1BR/1.0BA | 1BR,1BA | $2.10 |
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 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
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.
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 Spring Lake
What type of rentals are currently available in Spring Lake?
There are currently 30 Apartments for Rent in Spring Lake, MN with pricing that ranges from $1,294 to $2,194. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Lake ranging from $1,800 to $3,295.
What is the current price range for Rental Homes in Spring Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spring Lake ranges from $1,800 to $3,295 with an average monthly rent of $2,569.
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 Insiders Guide to Renting in the City of Lakes
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Articles, How-To's, and Tips

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.