Average Rent in Prairie Lake, Lakeville, MN and Rent Price Trends

Rent price summary for
Prairie Lake, Lakeville, MN

As of September 2025, the median rent for all bedroom counts and property types in Prairie Lake, Lakeville, MN is $1,550. This is -22% lower than the national average.

$1.21

average price per square foot

Median rent

$1,550

55%

over the previous yearvs previous year

Total rentals

12

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Prairie Lake, Lakeville, MN is $1,550. This is -22% lower than the national average.

$1.21

average price per square foot

Rent ranges

21%

79%

$0-$1,500$0 - $1,500

$1,501-$3,000$1,501 - $3,000

Households

83%

17%

Owner-occupied

Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Prairie Lake, Lakeville, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent comparables in
Prairie Lake, Lakeville, MN
The monthly rent for an apartment in Prairie Lake, Lakeville, MN is $1,592. A 1-bedroom apartment in Prairie Lake, Lakeville, MN costs about $1,439 on average, while a 2-bedroom apartment is $1,585. Houses for rent in Prairie Lake, Lakeville, MN are more expensive, with an average monthly cost of $2,200.


1 bedroom	$1,403	No Change	No Change
2 bedroom	$1,735	2%	11%
3 bedroom	$2,346	10%	-
4 bedroom	$2,850	-	-
Studio	$1,395	-	-

		Comparables
Downtown Rosemount	$1,750
Eden Prairie	$1,705
Hunters Wood	$1,800
Morris Park	$1,575
Oak Shores	$1,875
West Bloomington	$1,589

				Comparables
Apartments	$1,592	6%	No Change
Houses	$2,200	2%	No Change

Studio

Average rent

$1,395

1 bedroom

Average rent

$1,403

2 bedroom

Average rent

$1,735

Last 30 days

Last year

11%

3 bedroom

Average rent

$2,346

Last 30 days

10%

4 bedroom

Average rent

$2,850

The table above reflects average rent prices in Prairie Lake, Lakeville, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Prairie Lake, Lakeville, MN to other neighborhoods

Median rent prices in Prairie Lake, Lakeville, MN for all bedroom counts and property types compared to Hunters Wood, Apple Valley, MN.

Prairie Lake

Median rent price$1,550

22%

lower than the national median

Median rent price$1,800

lower than the national median

Takeaway

The median rent for all rentals in Prairie Lake, Lakeville, MN is 14% lower than the median rent in Hunters Wood, Apple Valley, MN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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