Prior Lake, MN Condos for Rent

/50
$1,200 - $1,440

Total Monthly Price
- 1 - 2 Beds
- 2 Baths
- 650 Sq Ft
- Condo for Rent
16829 Toronto Ave SE, Prior Lake, MN 55372

35 unit Apt bldg.AC Off street parking-Video Security Building..Huge backyard- Large Apts -Patio or Balcony-Coin Laundry On Site Garages with Electric door opener included Close to Downtown Prior Lake, Village Shopping Ctr. Post Office, Main Street-That Huge Park on the Lake- Captain Jack's and Several Playgrounds and Athletic Fields & the Lake

16829 Toronto Ave SE, Prior Lake, MN 55372
Explore Prior Lake
/50
$1,200 - $1,440

Total Monthly Price
- 1 - 2 Beds
- 2 Baths
- 650 Sq Ft
- Condo for Rent
16829 Toronto Ave SE, Prior Lake, MN 55372

35 unit Apt bldg.AC Off street parking-Video Security Building..Huge backyard- Large Apts -Patio or Balcony-Coin Laundry On Site Garages with Electric door opener included Close to Downtown Prior Lake, Village Shopping Ctr. Post Office, Main Street-That Huge Park on the Lake- Captain Jack's and Several Playgrounds and Athletic Fields & the Lake

16829 Toronto Ave SE, Prior Lake, MN 55372
/40
$1,515

Total Monthly Price
- 2 Beds
- 1 Bath
- 915 Sq Ft
- Condo for Rent
16724 Brunswick Ave SE Unit 202, Prior Lake, MN 55372

Comfortable Living in the Heart of Prior Lake--Appliances: Range, Refrigerator, Dishwasher, Wall A/CPet Policy: Friendly Dog OK with $500 non refundable pet fee + $35/month pet rent.Cats OK with $250 non refundable pet fee + $25/month pet rent.Parking: $5/month for off-street unassigned parking and/or $75/mo private garageLaundry: Shared laundry roomTenant pays

16724 Brunswick Ave SE Unit 202, Prior Lake, MN 55372
/40
$1,395

Total Monthly Price
- 2 Beds
- 1 Bath
- 915 Sq Ft
- Condo for Rent
16704 Brunswick Ave SE Unit 201, Prior Lake, MN 55372

Comfortable Living in the Heart of Prior Lake--Appliances: Range, Refrigerator, Dishwasher, Wall A/CPet Policy: Friendly Dog OK with $500 non refundable pet fee + $35/month pet rent.Cats OK with $250 non refundable pet fee + $25/month pet rent.Parking: $5/month for off-street unassigned parking and/or $75/mo private garageLaundry: Shared laundry roomTenant pays

16704 Brunswick Ave SE Unit 201, Prior Lake, MN 55372
/13
$1,495

Total Monthly Price
- 1 Bed
- 1 Bath
- 1,050 Sq Ft
- Condo for Rent
16686 Dublin Rd SE, Prior Lake, MN 55372

Available 9/1 possibly sooner. Welcome to 16686 Dublin Rd SE in scenic Prior Lake, MN—a charming duplex that offers a perfect blend of comfort and convenience. This inviting 1-bedroom, 1-bathroom home spans a generous 1,050 sq ft. Well-designed layout seamlessly connects the living, dining, and kitchen areas, creating an open and airy atmosphere. Natural light floods through the windows.

16686 Dublin Rd SE, Prior Lake, MN 55372

Minnesota Scott County

Frequently Asked Questions

How much does it cost to rent a condo in Prior Lake, MN?

The median rent for a condo in Prior Lake, MN is $1,440 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in Prior Lake, MN?

To comfortably afford the median rent in Prior Lake, MN, a household needs to earn roughly $103,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,595 per month in Prior Lake, MN, renters typically need to show $7,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Prior Lake, MN?

In Prior Lake, MN, the price-to-rent ratio is 16.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Prior Lake, MN are best for renting a condo?

The best neighborhood for renting in Prior Lake, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include West Bloomington, East Bloomington and Armatage, each with its own character and price range.

Condo Rental Trends in Prior Lake, MN

There are currently 5 condos available for rent in Prior Lake, MN. The median rent is $1,440 per month, with 1-bedroom condos renting at $1,200, 2-bedroom condos at $1,440 and 3-bedroom condos at $1,650.

Rental Home Trends

Number of Condos for Rent 5	Median Condo Rent $1,440
Median 1 Bedroom Condo Rent $1,200	Median 2 Bedroom Condo Rent $1,440
Median 3 Bedroom Condo Rent $1,650

How to Rent a Home

Condos for Rent by Price in Prior Lake

Prior Lake Condos for Rent under $1,500

Rentals in Prior Lake

Condos for Rent by Bedrooms in Prior Lake

More About Living in Prior Lake

Condos for Rent in Nearby Neighborhoods

Condos for Rent in Nearby Cities

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage