Bedroom count
Property type
Last updated on October 25, 2026
Last updated on October 25, 2026
Bedroom count
Property type
Median rent in Prior Lake
$1,795/mo
vs previous year
The average rent in Prior Lake is $1,795 per month as of October 2026. This is 6% below the national average rent, or $105 less per month.
average price per square foot
Available rentals in Prior Lake
21
for rent on Zumper.com as of October 2026
Share of Prior Lake rentals at each price point
Average rent prices in Prior Lake have increased by 4% over the last month and have increased by 16% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Prior Lake vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Prior Lake is $1,650, whereas a house costs $2,396. 1-bedroom apartments in Prior Lake run $1,448 on average, while 2-bedroom apartments are $1,659.
Listings | ||||
|---|---|---|---|---|
Studio | $1,325 | No Change | 11% | |
1 bedroom | $1,446 | 103% | 10% | |
2 bedroom | $1,629 | No Change | 3% | |
3 bedroom | $2,325 | 2% | 7% | |
4 bedroom | $2,695 | No Change | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Prior Lake, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,650 | No Change | 7% | |
Houses | $2,396 | 7% | 14% |
Studio
Average rent
$1,325
Last year
11%
1 bedroom
Average rent
$1,446
Last 30 days
103%
Last year
10%
2 bedroom
Average rent
$1,629
Last year
3%
3 bedroom
Average rent
$2,325
Last 30 days
2%
Last year
7%
4 bedroom
Average rent
$2,695
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Prior Lake, MN.
Apartments
Average rent
$1,650
Last year
7%
Houses
Average rent
$2,396
Last 30 days
7%
Last year
14%
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 median rent prices in Prior Lake and Chanhassen by all bedroom counts and property types.
Prior Lake
lower than the national median
Equal to the the national median
Takeaway
The median rent for all rentals in Prior Lake, MN is 5% lower than the median rent in Chanhassen, MN.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Prior Lake rental market.
The average rent in Prior Lake is $1,795 per month as of October 24, 2026.
Average rent prices in Prior Lake have increased by 4% over the last month and have increased by 16% since last year.
Rent in Prior Lake is 6% below the national average, which means renters are paying approximately $105 less per month.
To comfortably afford rent in Prior Lake, you'd need to earn approximately $72,000/year, based on spending no more than 30% of your income on rent.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).