14 Hours Ago
Highlights
- Private balcony
- Fitness center
- Conference room
- Business center
- Indoor pool
- Bbq grills
Location
1321 Lake Dr W, Chanhassen, MN 55317, USA
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Property Overview
Powers Ridge Rental Condos delivers strong overall value, with an 8.5/10 expert rating, standout amenities (10/10), and a high price rating that reflects a competitive cost for what’s offered. Residents can enjoy a private balcony, fitness center, indoor pool, conference and business spaces, and BBQ grills, along with high-speed internet and common areas that support remote work. The property’s convenient location, detailed listing with extensive photos, and nearby pet services and supplies further enhance everyday livability and peace of mind.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- More space
- Elevator
Great for
Pet owners
Work-from-home
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 918 sqft | $1,695 /mo | 1 unit available | Discover this inviting 1-bedroom, 1-bath with gas fireplace condo in Chanhassen, offering the perfect blend of comfort and convenience. The apartment features an in-home washer and dryer, central heating and air conditioning, and underground storage for added space. Enjoy access to an impressive list of community amenities: Indoor pool, hot tub & kiddie pool Fitness center Clubhouse with patio & BBQ grills Media center Community/party room & conference room Business center Controlled access & elevators Heated underground garage stall & off-street parking Playground & outdoor grill area Additional perks include onsite caretakers, local management, and 24-hour emergency maintenance for peace of mind. Pet Policy: Cats welcome, dogs not permitted Community: Smoke-free apartment homes Schedule your tour today and make this Chanhassen condo your next home! UTILITIES Heat: paid by resident through CenterPoint Energy Electric: paid by resident through Xcel Energy Internet/Cable (optional): paid by resident through Mediacom. Telephone (optional): paid by resident through Century Link AMENITY FEE $80 Monthly Amenity fee Includes: • 1 Underground Heated Garage Stall • 1 Underground Storage Locker • Utilities trash, water, and sewer • Indoor swimming pool, hot tub and kiddie pool • Fitness Center FEES/DEPOSITS $50 Application fee, per adult $1000 Security Deposit $250 Association Fee – Due at Move In Renters Insurance or Liability to Landlord Coverage required. | |
| 2BR/2.0BA | 2 bed | 2 bath | 1,070 sqft | $2,095 /mo | 1 unit available | Welcome to the 2 Bedroom Condo for Rent, a second-floor haven nestled in the heart of Chanhassen, MN. This apartment offers two spacious bedrooms and two full bathrooms, perfect for those who value comfort and convenience. Step out onto your private balcony for a breath of fresh air or enjoy the modern stainless kitchen appliances that make meal prep a breeze. The building boasts a range of amenities designed to enhance your living experience. Stay active in the fitness center, take a dip in the indoor pool, or unwind in the hot tub. The kiddie pool ensures fun for all ages. The clubhouse, complete with a community/party room and a patio equipped with BBQ grills, is perfect for socializing and hosting gatherings. For your professional needs, the business center and conference room are at your disposal. The apartment comes with an underground heated garage stall and additional underground storage. Free off-street parking is also available. The building is managed by a local company and maintained by onsite caretakers, with 24-hour emergency maintenance for your peace of mind. The controlled access system ensures your security. Please note, while cats are welcome, dogs are not allowed, and smoking is prohibited in the condos. $250 admin fee due prior to move-in. $80 monthly fee includes water/sewer, trash/recycling, and 1 underground heated parking stall & storage. This is a smoke-free condo, experience the comfort and convenience of this newly renovated condo in Chanhassen. |
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Amenities for Powers Ridge Rental Condos
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Central Heating and Air Conditioning |
| No Dogs Allowed |
Appliances
| Dishwasher | Electric Stove/Oven |
| Full Size Washer and Dryer | Garbage Disposal |
| In-Unit Laundry | Over the Stove Microwave |
| Range | Refrigerator |
| Stainless Kitchen Appliance |
Building
| Business Center | Cats OK |
| Community/Party Room | Conference Room |
| Controlled Access | Elevator |
| Fitness Center | Media Center |
| Residents Lounge |
Grounds
| Free Off Street Parking | Garage Parking |
| Kids Playground | Outdoor Space |
| Storage | Swimming Pool |
Services
| 24 Hour Emergency Maintenance | On-Site Management |
Other
| Onsite Caretakers |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Garage Parking
Dog Policy
Not allowed
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 33 |
|---|
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About Powers Ridge Rental Condos
1 & 2 Bedroom Condominiums for Rent in Chanhassen, MN We don’t just rent apartments. From the moment you walk through the front door you’ll feel the comfort and security that makes our residents happy to call us home. Cutting edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a higher standard of living. Convenient shopping, award-winning schools, local museums and parks are all close at hand, with sponsored activities to develop new hobbies while getting to know your neighbors. Our community offers spacious one and two bedroom condominiums for rent. View our current availability and photo gallery online, and fill out an online application or schedule your personal tour.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Powers Ridge Rental Condos is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Powers Ridge Rental Condos has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Powers Ridge Rental Condos stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Powers Ridge Rental Condos stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—cats allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Powers Ridge Rental Condos is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Powers Ridge Rental Condos does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Powers Ridge Rental Condos is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Powers Ridge Rental Condos compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 2 miles away
- More space
- The 2-bedroom is 78 sqft larger than other listings nearby
- Elevator
- Improved accessibility features
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Chanhassen
1-bedroom apartments here are priced 5% higher than 1-bedrooms in Chanhassen.
If you decide to upgrade your space, you can expect 2-bedrooms at Powers Ridge Rental Condos to be 13% more than the average for similarly sized apartments in Chanhassen.
Median rents as of May 9 2026.
Chanhassen
| Month | Median Rent |
|---|---|
| May 2024 | $1,608 |
| June 2024 | $1,601 |
| July 2024 | $1,605 |
| August 2024 | $1,608 |
| September 2024 | $1,575 |
| October 2024 | $1,561 |
| November 2024 | $1,610 |
| December 2024 | $1,573 |
| January 2025 | $1,574 |
| February 2025 | $1,618 |
| March 2025 | $1,620 |
| April 2025 | $1,596 |
| May 2025 | $1,608 |
| June 2025 | $1,645 |
| July 2025 | $1,639 |
| August 2025 | $1,661 |
| September 2025 | $1,664 |
| October 2025 | $1,640 |
| November 2025 | $1,583 |
| December 2025 | $1,418 |
| January 2026 | $1,500 |
| February 2026 | $1,548 |
| March 2026 | $1,590 |
| April 2026 | $1,602 |
| May 2026 | $1,610 |
Affordability calculator
Can I afford to live at 1321 Lake Dr W?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$67,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,800 annually to afford this 1-bedroom monthly rent price of $1,695.
For more information on rent affordability, visit our rent calculator.
Schools near Powers Ridge Rental Condos
Chanhassen Elementary School
7600 laredo dr
chanhassen, MN, 55317
K-5Public
A
Early Childhood Special Education
110600 village rd
chaska, MN, 55318
PKPublic
Kinder Academy
1800 n chestnut st
chaska, MN, 55318
KPublic
B+
La Academia
1800 n chestnut st
chaska, MN, 55318
K-5Public
B+
Tonka Online (K-5)
5621 county rd 101
minnetonka, MN, 55345
K-5Public
A+
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Internet available near Powers Ridge Rental Condos
Getting around Chanhassen near 1321 Lake Dr W
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1321 Lake Dr W, Chanhassen
Groceries
2/10
At least one supermarket within a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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