Bedroom count

Property type

Last updated on January 27, 2026

Average rent in
Prior Lake, MN

Last updated on January 27, 2026

Last updated on January 27, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Prior Lake, MN is $1,565. This is -18%, or $335, lower than the national average.

$1.48

average price per square foot

Median rent

$1,565

decreased by8%
over the previous yearvs previous year

Total rentals

12

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Prior Lake, MN is $1,565. This is -18%, or $335, lower than the national average.

$1.48

average price per square foot

Rent ranges

35%
43%
17%
4%
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

84%
16%
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 Prior Lake, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent price trends in
Prior Lake, MN

Rent price trends

Rent prices for all bedroom counts and property types in Prior Lake, MN have remained the same in the last month and have decreased by 8% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Prior Lake, MN

The monthly rent for an apartment in Prior Lake, MN is $1,549. A 1-bedroom apartment in Prior Lake, MN costs about $1,385 on average, while a 2-bedroom apartment is $1,550. Houses for rent in Prior Lake, MN are more expensive, with an average monthly cost of $2,472.

Comparables

1 bedroom

$1,430

1%

8%

2 bedroom

$1,625

3%

2%

3 bedroom

$2,145

4%

26%

4 bedroom

$2,700

1%

19%

Studio

$1,200

No Change

5%

Studio

Average rent

$1,200

Last year

5%

1 bedroom

Average rent

$1,430

Last 30 days

1%

Last year

8%

2 bedroom

Average rent

$1,625

Last 30 days

3%

Last year

2%

3 bedroom

Average rent

$2,145

Last 30 days

4%

Last year

26%

4 bedroom

Average rent

$2,700

Last 30 days

1%

Last year

19%

The table above reflects average rent prices in Prior Lake, 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 Prior Lake, MN to other cities

Median rent prices in Prior Lake, MN for all bedroom counts and property types compared to Chanhassen, MN.

Prior Lake

Median rent price$1,565
decreased by18%

lower than the national median

Median rent price$1,570
decreased by17%

lower than the national median

Takeaway

The median rent for all rentals in Prior Lake, MN is equal to the median rent in Chanhassen, MN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Chanhassen

$1,570

decreased by7%

Last year

Chaska

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decreased by3%

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$1,897

increased by2%

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$1,925

increased by9%

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$1,680

increased by4%

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$1,995

decreased by6%

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Northfield

$1,248

decreased by3%

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Rosemount

$1,688

decreased by5%

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$1,795

decreased by3%

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South St Paul

$1,627

increased by2%

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$2,009

decreased by58%

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Apartments for rent in Apple Valley

Discover rentals in Prior Lake, MN

16901 Whitewood Ave - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

16901 Whitewood Ave Prior Lake, MN 55372

16901 Whitewood Ave, Prior Lake, MN 55372

4 beds

2 baths

$2,335

House for rent

Available Dec 24