
Cheap Apartments for Rent in Prior Lake, MN from $900 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Prior Lake.


The Grainwood Senior Apartments

Kestrel Village Apartments

The Village at Five Hawks

Courtwood Village I

Emblem Shakopee

Springs at Egan Drive

Reside

12970 Nicollet Ave
Prior Lake, MN Local Guide

How much does it cost to rent an apartment in Prior Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prior Lake Studio Apartments | $1,329 | $1,289 | $1,430 |
Prior Lake 1 Bedroom Apartments | $1,599 | $1,295 | $1,965 |
Prior Lake 2 Bedroom Apartments | $1,987 | $1,348 | $2,436 |
Prior Lake 3 Bedroom Apartments | $2,320 | $1,573 | $2,775 |
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Prior Lake, MN Local Guide
- Prior Lake Neighborhoods
- Nearby Cities
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Cheapest Available Prior Lake Apartments for Rent
 The cheapest available apartment rental in Prior Lake, MN is a Studio unit found at Springs at Egan Drive in the Downtown Prior Lake neighborhood priced from $1,304. Reside in the Riverside Fields neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here is today’s list of the most affordable Prior Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Springs at Egan Drive | Studio Grand Overlook | Studio,1BA | $1,304 |
Reside | Lark (0-0) | Studio,1BA | $1,325 |
The Grainwood Senior Apartments | One Bedroom - A | 1BR,1BA | $1,336 |
Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1,348 |
Jeffers Waterfront Apartments | The Cabin | 1BR,1BA | $1,405 |
Best Value Apartments for Rent in Prior Lake, MN
As of March 21, 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 Villas of Savage Model at The Villas of Savage starting at $1,900 with a $1.56 price per square foot in the Riverside Fields neighborhood. Here is today’s list of the best values for Prior Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
4045 Willowwood St SE | 4045 Willowwood St SE | 4BR,2BA | $1.22 |
The Villas of Savage | Villas of Savage | 2BR,2BA | $1.56 |
The Village at Five Hawks | 3BR/2.0BA | 3BR,2BA | $1.59 |
Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.53 |
Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.47 |
Lake Ridge Apartments | 1 Bed | 1 Bath (B2) | 1BR,1BA | $1.89 |
Springs at Egan Drive | 1 BR Grand Courtyard Garage | 1BR,1BA | $2.14 |
Emblem Shakopee | A1 | 1BR,1BA | $2.06 |
The Grainwood Senior Apartments | One Bedroom - A | 1BR,1BA | $1.83 |
Jeffers Waterfront Apartments | The Cabin | 1BR,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 Springs at Egan Drive listed at $1,304.
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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