Average Rent in Prior Lake, MN and Rent Price Trends

Rent price summary for
Prior Lake, MN

As of August 2025, the median rent for all bedroom counts and property types in Prior Lake, MN is $1,617. This is -19% lower than the national average.

$1.51

average price per square foot

Median rent

$1,617

26%

over the previous yearvs previous year

Total rentals

16

for rent on Zumper.com

As of August 2025, the median rent for all bedroom counts and property types in Prior Lake, MN is $1,617. This is -19% lower than the national average.

$1.51

average price per square foot

Rent ranges

29%

48%

16%

6%

$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.

Rent comparables in
Prior Lake, MN
The monthly rent for an apartment in Prior Lake, MN is $1,587. A 1-bedroom apartment in Prior Lake, MN costs about $1,350 on average, while a 2-bedroom apartment is $1,599. Houses for rent in Prior Lake, MN are more expensive, with an average monthly cost of $2,700.

				Comparables
1 bedroom	$1,412	3%	13%
2 bedroom	$1,792	2%	11%
3 bedroom	$2,550	10%	6%
4 bedroom	$3,200	11%	11%
Studio	$1,380	No Change	18%

Studio

Average rent

$1,380

Last year

18%

1 bedroom

Average rent

$1,412

Last 30 days

3%

Last year

13%

2 bedroom

Average rent

$1,792

Last 30 days

2%

Last year

11%

3 bedroom

Average rent

$2,550

Last 30 days

10%

Last year

6%

4 bedroom

Average rent

$3,200

Last 30 days

11%

Last year

11%

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$1,617

19%

lower than the national median

Median rent price$1,799

10%

lower than the national median

Takeaway

The median rent for all rentals in Prior Lake, MN is 10% 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
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4175 Quaker Trl Ne, Prior Lake, MN 55372, USA

4784 Tacoma Circle Southeast, Prior Lake, MN 55372, USA

3314 Kent St SW, Prior Lake, MN 55372, USA

5881 Moonlight Drive, Prior Lake, MN 55372, USA

14763 Bridle Ridge Trl Ne, Prior Lake, MN 55372, USA

14468 Castlegate Way Nw, Prior Lake, MN 55372, USA

16473 Hawk Ridge Ct Nw, Prior Lake, MN 55372, USA

16130 Jordan Ave Se, Prior Lake, MN 55372, USA

16582 Dunkirk Ave Sw, Prior Lake, MN 55372, USA

16460 Duluth Ave Se, Prior Lake, MN 55372, USA

2291 185th St E, Prior Lake, MN 55372, USA

14699 Coachman Ct Ne, Prior Lake, MN 55372, USA

16313 Franklin Trl Se, Prior Lake, MN 55372, USA

14325 Parkside Ct Nw, Prior Lake, MN 55372, USA

16315 Franklin Trl Se, Prior Lake, MN 55372, USA

14145 Wilds Path NW, Prior Lake, MN 55372, USA

3732 Fox Tail Trl Nw, Prior Lake, MN 55372, USA

3200 Spruce Trl Sw, Prior Lake, MN 55372, USA

5134 160th St Se, Prior Lake, MN 55372, USA

14245 Fountain Hills Court Northeast, Prior Lake, MN 55372, USA

Discover rentals in Prior Lake, MN

4784 Tacoma Cir Se #4 - Photo 1 of 1

5d+ ago

House for rent in Prior Lake

Tacoma Circle Southeast, Prior Lake (47

4784 Tacoma Cir Se #4, Prior Lake, MN 55372

2 beds

1 bath

$1,250

House for rent

Available Sep 1

Courtwood Village 2 - Photo 1 of 1

12h 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

Courtwood Village I - Photo 1 of 1

2d ago

8.3

Very good

Courtwood Village I

17092 Adelmann St Se, Prior Lake, MN 55372

3 beds

2 baths

$1,799

Apartment for rent

3314 Kent St Sw - Photo 1 of 1

5d+ ago

Verified

3314 Kent St Sw, Prior Lake, MN 55372

3 beds

3 baths

$2,500

House for rent