Studio Houses for Rent in Prior Lake, MN

/30
$1,850 - $4,400

Total Monthly Price
- Studio - 2 Beds
- 1 Bath
- 1,500 Sq Ft
- House for Rent
4396 220th St E, Prior Lake, MN 55372

The Space:Looking for a massive, high-clearance space for your business or hobby? This 4,000 sq. ft. clear-span workshop in Prior Lake offers professional infrastructure just 10 minutes from I-35. Fully insulated and climate-controlled, it’s the perfect "clean" space for storage, light assembly, or a private studio.Key Specifications:• Total Area: 4,000 sq. ft. of open floor space

4396 220th St E, Prior Lake, MN 55372
Explore Prior Lake
/30
$1,850 - $4,400

Total Monthly Price
- Studio - 2 Beds
- 1 Bath
- 1,500 Sq Ft
- House for Rent
4396 220th St E, Prior Lake, MN 55372

The Space:Looking for a massive, high-clearance space for your business or hobby? This 4,000 sq. ft. clear-span workshop in Prior Lake offers professional infrastructure just 10 minutes from I-35. Fully insulated and climate-controlled, it’s the perfect "clean" space for storage, light assembly, or a private studio.Key Specifications:• Total Area: 4,000 sq. ft. of open floor space

4396 220th St E, Prior Lake, MN 55372

Minnesota Scott County

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 $2,423 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes 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 $74,960 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 $1,874 per month in Prior Lake, MN, renters typically need to show $5,622 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 22.1, 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.

Rental Home Trends in Prior Lake, MN

There are currently 2 single-family homes available for rent in Prior Lake, MN. The median rent is $2,423 per month, with 3-bedroom houses renting at $2,595, 4-bedroom houses at $4,495 and 5-bedroom houses at $3,647.

Rental Home Trends

Number of Houses for Rent 2	Median Single Family Home Rent $2,423
Median 3 Bedroom Single Family Home Rent $2,595	Median 4 Bedroom Single Family Home Rent $4,495
Median 5 Bedroom Single Family Home Rent $3,647

How to Rent a Home

Houses for Rent by Price in Prior Lake

Rentals in Prior Lake

Houses for Rent by Bedrooms in Prior Lake

More About Living in Prior Lake

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