Bedroom count

Property type

Last updated on October 28, 2025

Average rent in
Prior Lake, MN

Last updated on October 28, 2025

Last updated on October 28, 2025

Bedroom count

Property type

As of October 2025, the median rent for all bedroom counts and property types in Prior Lake, MN is $1,549. This is -20%, or $396, lower than the national average.

$1.44

average price per square foot

Median rent

$1,549

decreased by18%
over the previous yearvs previous year

Total rentals

11

for rent on Zumper.com

As of October 2025, the median rent for all bedroom counts and property types in Prior Lake, MN is $1,549. This is -20%, or $396, lower than the national average.

$1.44

average price per square foot

Rent ranges

45%
40%
15%
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000

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 decreased by 3% in the last month and have decreased by 18% 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 $1,430. A 1-bedroom apartment in Prior Lake, MN costs about $1,295 on average, while a 2-bedroom apartment is $1,495. Houses for rent in Prior Lake, MN are more expensive, with an average monthly cost of $2,100.

Comparables

1 bedroom

$1,323

1%

6%

2 bedroom

$1,574

No Change

9%

3 bedroom

$2,195

2%

2%

4 bedroom

$2,900

11%

7%

Studio

$1,262

No Change

18%

Studio

Average rent

$1,262

Last year

18%

1 bedroom

Average rent

$1,323

Last 30 days

1%

Last year

6%

2 bedroom

Average rent

$1,574

Last 30 days

No Change

Last year

9%

3 bedroom

Average rent

$2,195

Last 30 days

2%

Last year

2%

4 bedroom

Average rent

$2,900

Last 30 days

11%

Last year

7%

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$1,549
decreased by20%

lower than the national median

Median rent price$1,843
decreased by5%

lower than the national median

Takeaway

The median rent for all rentals in Prior Lake, MN is 16% 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

$1,843

increased by2%

Last year

Chaska

$1,799

increased by5%

Last year

Excelsior

$1,450

decreased by14%

Last year

Farmington

$1,894

decreased by7%

Last year

Inver Grove Heights

$1,950

increased by3%

Last year

Mendota Heights

$1,892

decreased by7%

Last year

Minnetrista

$1,995

decreased by45%

Last year

Northfield

$1,435

increased by14%

Last year

Rosemount

$1,897

increased by1%

Last year

Savage

$1,606

decreased by16%

Last year

South St Paul

$1,495

increased by4%

Last year

Wayzata

$1,300

decreased by45%

Last year

Apartments for rent in Arden Hills

Discover rentals in Prior Lake, MN

Courtwood Village 2 - Photo 1 of 1

2h ago

8.5

Very good

Courtwood Village 2

17088 Adelmann St Se, Prior Lake, MN 55372

1–3 beds

1–2 baths

$1,399–$1,849

Apartment for rent

Hearthwood Apartments - Photo 1 of 1

4d ago

8.5

Very good

Hearthwood Apartments

16516 Franklin Trl Se, Prior Lake, MN 55372

2 beds

1 bath

$1,495

Apartment for rent

The Village at Five Hawks - Photo 1 of 1

4d ago

8.8

Very good

The Village at Five Hawks

16615 Five Hawks Ave Se, Prior Lake, MN 55372

2 beds

1 bath

$1,495–$1,525

Apartment for rent

Courtwood Village I - Photo 1 of 1

5d+ ago

8.5

Very good

Courtwood Village I

17092 Adelmann St Se, Prior Lake, MN 55372

3 beds

2 baths

$1,799

Apartment for rent

15229 Bluedorn Cir Se - Photo 1 of 1

5d+ ago

House for rent in Prior Lake

15229 Bluedorn Cir Se, Prior Lake, MN 55372

3 beds

2 baths

$2,595

$2,495

Price drop

House for rent

Available Sep 26