3

Prior Lake, MN Houses for Rent

Section Image
  • /20

    $2,495 Per Month

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • House for Rent

    4310 Grainwood Cir NE, Prior Lake, MN 55372

    Prior Lake Rental Property 4992, 3BRNewly remodeled walkout with lake access to Lower Prior Lake!Shared lake access and dock use. Dock use is to load and unload- no overnight docking. Tenants may use the beach for enjoyment & swimming. Location: Walk to the beach and local marina, minutes from the ice rink and downtown Prior Lake. Low traffic neighborhood.Upper

    4310 Grainwood Cir NE, Prior Lake, MN 55372
  • /28

    $2,850

    Total Monthly Price

    • 4 Beds
    • 4 Baths
    • 2,502 Sq Ft
    • House for Rent

    14343 Brookmere Blvd NW, Prior Lake, MN 55372

    Welcome home to 14343 Brookmere Blvd. in Prior Lake! This impressive 4-bedroom, 4-bathroom townhome offers approximately 2,502 sq. ft. of comfortable living space, providing plenty of room to live, work, relax, and entertain.Step inside to a bright and inviting interior featuring 9-foot ceilings, beautiful maple cabinetry and trim, and an open-concept living area designed for everyday

    14343 Brookmere Blvd NW, Prior Lake, MN 55372
  • /20

    $2,899

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,804 Sq Ft
    • House for Rent

    13946 Lupine Trail NE, Prior Lake, MN 55372

    Welcome to 13946 Lupine Trail NE in the highly desirable Summit Preserve community of Prior Lake, a beautifully designed 3-bedroom, 3-bath townhome that perfectly combines modern comfort, stylish finishes, and everyday convenience. Offering over 1,800 square feet of thoughtfully designed living space, this home delivers the ideal blend of functionality and contemporary charm in one of the Twin

    13946 Lupine Trail NE, Prior Lake, MN 55372

Frequently Asked Questions

How much does it cost to rent a single-family home in Prior Lake, MN?
The median rent for a single-family home in Prior Lake, MN is $2,350 per month, though prices vary by neighborhood, size, and property type. As of September 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 $104,800 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 $2,620 per month in Prior Lake, MN, renters typically need to show $7,860 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 15.9, 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.

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$2,350
Median 3 Bedroom Single Family Home Rent
$2,423
Median 4 Bedroom Single Family Home Rent
$3,423
How to Rent a Home