Bedroom count

Property type

Last updated on March 13, 2026

Average rent in
Prior Lake, MN

Last updated on March 13, 2026

Last updated on March 13, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Prior Lake, MN is $1,499. This is -21%, or $401, lower than the national average.

$1.30

average price per square foot

Median rent

$1,499

decreased by12%
over the previous yearvs previous year

Total rentals

7

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Prior Lake, MN is $1,499. This is -21%, or $401, lower than the national average.

$1.30

average price per square foot

Rent ranges

50%
33%
6%
11%
$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 increased by 6% in the last month and have decreased by 12% 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 $1,403. A 1-bedroom apartment in Prior Lake, MN costs about $1,375 on average, while a 2-bedroom apartment is $1,512. Houses for rent in Prior Lake, MN are more expensive, with an average monthly cost of $2,200.

Comparables

1 bedroom

$1,398

2%

7%

2 bedroom

$1,710

2%

4%

3 bedroom

$2,337

12%

14%

4 bedroom

$3,249

6%

37%

Studio

$1,137

No Change

16%

Studio

Average rent

$1,137

Last year

16%

1 bedroom

Average rent

$1,398

Last 30 days

2%

Last year

7%

2 bedroom

Average rent

$1,710

Last 30 days

2%

Last year

4%

3 bedroom

Average rent

$2,337

Last 30 days

12%

Last year

14%

4 bedroom

Average rent

$3,249

Last 30 days

6%

Last year

37%

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$1,499
decreased by21%

lower than the national median

Median rent price$1,872
decreased by1%

lower than the national median

Takeaway

The median rent for all rentals in Prior Lake, MN is 20% lower than 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

$1,872

increased by4%

Last year

Chaska

$1,837

increased by1%

Last year

Excelsior

$1,310

increased by14%

Last year

Farmington

$1,875

decreased by6%

Last year

Inver Grove Heights

$1,729

increased by10%

Last year

Mendota Heights

$1,795

increased by15%

Last year

Minnetrista

$2,055

increased by30%

Last year

Northfield

$1,320

decreased by3%

Last year

Rosemount

$1,845

increased by1%

Last year

Savage

$1,672

decreased by7%

Last year

South St Paul

$1,633

increased by8%

Last year

Wayzata

$1,980

decreased by22%

Last year

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17742 Fairlawn Ave, Prior Lake, MN 55372, USA
6781 Boudin St Ne, Prior Lake, MN 55372, USA
5888 Royalton Rd Ne, Prior Lake, MN 55372, USA
14181 Candlewood Lane Northeast, Prior Lake, MN 55372, USA
9371 Country Dr, Prior Lake, MN 55372, USA
3460 Spruce Trail Southwest, Prior Lake, MN 55372, USA
14763 Bridle Ridge Trl Ne, Prior Lake, MN 55372, USA
4420 1/2 Colorado St Se, Prior Lake, MN 55372, USA
6016 White Dr, Prior Lake, MN 55372, USA
16394 Park Ave Se, Prior Lake, MN 55372, USA
14325 Parkside Ct Nw, Prior Lake, MN 55372, USA
2291 185th St E, Prior Lake, MN 55372, USA
16315 Franklin Trl Se, Prior Lake, MN 55372, USA
3200 Spruce Trl Sw, Prior Lake, MN 55372, USA
16460 Duluth Ave Se, Prior Lake, MN 55372, USA
14150 Rolling Oaks Cir Ne, Prior Lake, MN 55372, USA
14016 Candlewood Cir Ne, Prior Lake, MN 55372, USA
16654 Inguadona Beach Cir Sw, Prior Lake, MN 55372, USA
17407 River Birch Pl, Prior Lake, MN 55372, USA
3327 Glynwater Trl Nw, Prior Lake, MN 55372, USA

Discover rentals in Prior Lake, MN

16293 Parkview Dr Se - Photo 1 of 1

1d ago

House for rent in Prior Lake

16293 Parkview Dr Se, Prior Lake, MN 55372

5 beds

2 baths

$3,200

House for rent