Last updated on October 25, 2026

Average rent in
Prior Lake, MN

Median rent

Median rent in Prior Lake

$1,795/mo

increased by16%

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.

$1.17

average price per square foot

Total rentals

Available rentals in Prior Lake

21

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Prior Lake rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Prior Lake, MN

Average rent prices in Prior Lake have increased by 4% over the last month and have increased by 16% since last year.

Rent trends

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

Compare rent prices in Prior Lake, MN

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

-

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

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.

How does rent in Prior Lake, MN compare to other cities?

Compare median rent prices in Prior Lake and Chanhassen by all bedroom counts and property types.

Prior Lake

Median rent price$1,795
decreased by6%

lower than the national median

Median rent price$1,895

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.

Discover rentals in Prior Lake, MN

5139 160th St Se #C - Photo 1 of 1

5d+ ago

Apartment for rent in Prior Lake

Available July 1st - 1 Bed/1 Bath Triplex in Prior Lake

5139 160th St Se #C, Prior Lake, MN 55372

5 beds

5 baths

$895

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Kestrel - Photo 1 of 1

5d+ ago

8.4

Very good

Kestrel

16650 Brunswick Ave Se, Prior Lake, MN 55372

2–3 beds

1–2 baths

$1,295–$1,775

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Kestrel Brunswick Avenue Southeast -  Prior Lake, MN 55372 - Photo 1 of 1

5d+ ago

8.5

Very good

Kestrel Brunswick Avenue Southeast - Prior Lake, MN 55372

16720 Brunswick Ave Se, Prior Lake, MN 55372

2 beds

1 bath

$1,295

Price droppedFees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
17456-17458 Sunray Circle SW - Photo 1 of 1

5d+ ago

8.8

Very good

17456-17458 Sunray Circle SW

17456 Sunray Cir Sw, Prior Lake, MN 55372

4 beds

2 baths

$2,195

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

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

Frequently asked questions for Prior Lake, MN

Quick answers to common questions about the Prior Lake rental market.

How much is rent in Prior Lake?

The average rent in Prior Lake is $1,795 per month as of October 24, 2026.

Is rent up or down in Prior Lake?

Average rent prices in Prior Lake have increased by 4% over the last month and have increased by 16% since last year.

How does Prior Lake rent compare to the national average?

Rent in Prior Lake is 6% below the national average, which means renters are paying approximately $105 less per month.

What salary do I need to afford rent in Prior Lake?

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.

Methodology

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).

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