Prior Lake, MN rental market

What is the average rent in Prior Lake, MN?

Choose another area

Last updated November 8, 2026

Rental market summary

The average rent for all bedrooms and all property types in Prior Lake, MN is $2,195.

Average rent

$2,195

Month-over-monthMoM change

+$96

Year-over-yearYoY change

+$499

Available rentals

44

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $895 to $6,250.

Loading
Rent frequencies
Rent priceNumber of rental properties
$8001
$1,1002
$1,2001
$1,3003
$1,5002
$1,6004
$1,7005
$1,8001
$1,9003
$2,0003
$2,1003
$2,2003
$2,3002
$2,4001
$2,5001
$2,6002
$2,7004
$2,8004
$3,4001
$3,5001
$3,9001
$4,0002
$4,2001
$4,3001
$5,000+3

Average rent price over time

In the last year, rent has increased by $499 compared to the previous year.

Loading
Average rent price over time
Last year (2025)This year (2026)
Jan$1,850$1,583
Feb$2,113$1,700
Mar$1,897$1,774
Apr$1,619$2,300
May$2,250$2,495
Jun$2,175$2,000
Jul$2,299$1,950
Aug$2,100$1,975
Sep$1,584$2,350
Oct$1,579$2,195
Nov$1,592$2,195
Dec$1,726No data

Market temperature

The Prior Lake, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Prior Lake, MN is 10% higher than the national average.

Prior Lake, MNvs.
No options are currently available.

$2,195

$1,999

Rent in Prior Lake, MN

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Post a rental listing

Easy-to-use tools let you list your property where millions of renters search each month. Plus, messaging and tenant screening are integrated into our listing platform to help you find and screen applicants faster.

Get startedLearn more

Frequently asked questions

1. What is the average rent in Prior Lake, MN?

The average rent in Prior Lake, MN is $2,195.

2. What is the average rent for a studio apartment in Prior Lake, MN?

The average rent for a studio apartment in Prior Lake, MN is $1,375 per month.

3. What is the average rent for a one-bedroom apartment in Prior Lake, MN?

The average rent for a one-bedroom apartment in Prior Lake, MN is $1,395 per month.

4. What is the average rent for a two-bedroom apartment in Prior Lake, MN?

The average rent for a two-bedroom apartment in Prior Lake, MN is $1,750 per month.

5. What is the average rent for a three-bedroom apartment in Prior Lake, MN?

The average rent for a three-bedroom apartment in Prior Lake, MN is $2,395 per month.

6. What is the average rent for a four-bedroom apartment in Prior Lake, MN?

The average rent for a four-bedroom apartment in Prior Lake, MN is $2,565 per month.

7. How much does it cost to rent a house in Prior Lake, MN?

Houses in Prior Lake, MN rent between $895 - $6,250 with an average rent of $2,195.

8. How has the rent in Prior Lake, MN changed in the last year?

In the last year, the rent in Prior Lake, MN increased by $499

9. How much has the rent in Prior Lake, MN increased/decreased in the last month?

In the last month, the rent in Prior Lake, MN increased by $96

10. How many available rentals are there in Prior Lake, MN?

There are currently 44 rentals available in Prior Lake, MN.

11. How do rent prices in Prior Lake, MN compare with the national average?

The average rent in Prior Lake, MN is $2,195 — 9.8% higher the national average of $1,999.

© 2026 Zillow Group, Inc. and its subsidiaries. All rights reserved.
Privacy NoticeAd Choices