Cheap Apartments for Rent in Prior Lake, MN from $900 (14 Rentals)

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Sarazin Flats
1 Bedroom Apartments

Sarazin Flats

1575 Sarazin StShakopee, MN 55379
  • Utilities Included
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Louisiana Lofts
1 to 3 Bedroom Apartments

Louisiana Lofts

14977 Louisiana AveSavage, MN 55378
  • Utilities Included
Showing Results 1-14, Page 1 of 1

Prior Lake, MN Local Guide

Cheapest Available Prior Lake Apartments for Rent

 

The cheapest available apartment rental in Prior Lake, MN is a Studio unit found at Reside in the Riverside Fields neighborhood priced from $1,325. The Grainwood Senior Apartments in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,336. Here is today’s list of the most affordable Prior Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
ResideLark (0-0)Studio,1BA$1,325
The Grainwood Senior ApartmentsOne Bedroom - A1BR,1BA$1,336
Springs at Egan DriveStudio Grand OverlookStudio,1BA$1,340
Kestrel Village Apartments2 bed 1 bath2BR,1BA$1,348
Jeffers Waterfront ApartmentsThe Cabin1BR,1BA$1,405

Best Value Apartments for Rent in Prior Lake, MN

As of March 27, 2025 the best value apartment in the Prior Lake area is the $1.22 price per square foot 4045 Willowwood St SE Model at 4045 Willowwood St SE in the in the Downtown Prior Lake neighborhood starting from $2,599. The second greatest value Prior Lake apartment is the 3BR/2.0BA Model at The Village at Five Hawks starting at $1,925 with a $1.61 price per square foot in the Downtown Prior Lake neighborhood. Here is today’s list of the best values for Prior Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4045 Willowwood St SE4045 Willowwood St SE4BR,2BA$1.22
The Village at Five Hawks3BR/2.0BA3BR,2BA$1.61
Creekside Commons Apartments2BR/1.0BA2BR,1BA$1.53
Kestrel Village Apartments2 bed 1 bath2BR,1BA$1.47
TRIO @ southbridgeOne Bedroom Plus Den - A1BR,1BA$2.16
Lake Ridge Apartments1 Bed | 1 Bath (B2)1BR,1BA$1.87
Springs at Egan Drive1 BR Designer Courtyard1BR,1BA$2.19
Emblem ShakopeeA11BR,1BA$2.06
The Grainwood Senior ApartmentsOne Bedroom - A1BR,1BA$1.83
Jeffers Waterfront ApartmentsThe Cabin1BR,1BA$2.16

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Getting Around Prior Lake, MN

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Prior Lake Apartments

What is the Cheapest Studio apartment in Prior Lake?

Currently the most affordable Cheap Studio Apartment in Prior Lake is at Reside listed at $1,325.

How much is rent for a Cheap One Bedroom Prior Lake Apartment?

The lowest price for a Cheap One Bedroom Prior Lake Apartment is $1,336 at The Grainwood Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Prior Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prior Lake is starting from $1,348 at Kestrel Village Apartments.

What is the most affordable Prior Lake Three Bedroom Apartment?

The best deal on a cheap Prior Lake Three Bedroom Apartment rental is at The Grainwood Senior Apartments and starts from $1,860.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.