How much is a 2-bedroom apartment in Prior Lake, MN?
In Prior Lake, MN, the median gross rent for a two-bedroom home is $1,535 (±$225) a month (2020–2024 American Community Survey, table B25031).
A one-bedroom home rents for a median of $1,484 (±$244).
A three-bedroom home rents for a median of $1,922 (±$200).
HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area is $1,734.
Figures last updated on .
- 1 bedroom
- $1,484 (±$244)
- 2 bedrooms
- $1,535 (±$225)
- 3 bedrooms
- $1,922 (±$200)
- 4 bedrooms
- $3,030 (±$447)
Rent by bedroom count in Prior Lake
| Prior Lake | Scott County | Minnesota | United States | |
|---|---|---|---|---|
| 1 bedroom | $1,484 (±$244) | $1,284 (±$75) | $1,130 (±$9) | $1,235 |
| 2 bedrooms | $1,535 (±$225) | $1,605 (±$81) | $1,356 (±$10) | $1,407 |
| 3 bedrooms | $1,922 (±$200) | $1,883 (±$126) | $1,573 (±$22) | $1,584 |
| 4 bedrooms | $3,030 (±$447) | $1,826 (±$85) | $1,785 (±$45) | $1,957 |
A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.
Census rents against HUD’s Fair Market Rent, fiscal year 2027
| Census median, this place | HUD Fair Market Rent | |
|---|---|---|
| 1 bedroom | $1,484 (±$244) | $1,427 |
| 2 bedrooms | $1,535 (±$225) | $1,734 |
| 3 bedrooms | $1,922 (±$200) | $2,264 |
A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.
The two answer different questions and are not expected to match.
Median gross rent, 2 bedrooms in places near Prior Lake
| Place | Distance | Median gross rent, 2 bedrooms | Compared with this place |
|---|---|---|---|
| Prior Lake | — | $1,535 (±$225) | — |
| Shakopee | 3.6 mi | $1,640 (±$130) | Not measurably different |
| Spring Lake Township | 4.3 mi | $2,197 (±$386) | Higher |
| Savage | 4.4 mi | $1,769 (±$78) | Not measurably different |
| Burnsville | 8.4 mi | $1,619 (±$54) | Not measurably different |
| Eden Prairie | 8.6 mi | $1,823 (±$64) | Higher |
| Bloomington | 9.5 mi | $1,664 (±$52) | Not measurably different |
| Lakeville | 9.9 mi | $1,757 (±$80) | Not measurably different |
| Chaska | 10 mi | $1,632 (±$155) | Not measurably different |
Nearby places with a measurably higher figure: Spring Lake Township, MN ($2,197), Eden Prairie, MN ($1,823).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent, 2 bedrooms across Scott County, place by place
| Rank | Place | Median gross rent, 2 bedrooms |
|---|---|---|
| 1 | Spring Lake Township | $2,197 (±$386) |
| 2 | Savage | $1,769 (±$78) |
| 3 | Shakopee | $1,640 (±$130) |
| 4 | Prior Lake | $1,535 (±$225) |
| 5 | New Prague | $1,454 (±$292) |
| 6 | Belle Plaine | $1,346 (±$132) |
| 7 | Jordan | $1,164 (±$437) |
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
What you can do on Seayora in Prior Lake
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Prior Lake, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Prior Lake beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Prior Lake, and send estimates and invoices from your phone.
Questions about Prior Lake
How much is a one-bedroom apartment in Prior Lake?
The median gross rent for a one-bedroom home in Prior Lake, MN is $1,484 (±$244) a month (2020–2024 American Community Survey).
How much is a two-bedroom apartment in Prior Lake?
The median gross rent for a two-bedroom home in Prior Lake, MN is $1,535 (±$225) a month (2020–2024 American Community Survey).
How much does a three-bedroom rental cost in Prior Lake?
The median gross rent for a three-bedroom home in Prior Lake, MN is $1,922 (±$200) a month (2020–2024 American Community Survey).
Sources
- Median Gross Rent by Bedrooms (B25031), 2020–2024 ACS 5-year estimates — Prior Lake city, Minnesota
- HUD Fair Market Rents, fiscal year 2027: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Prior Lake city, Minnesota (place:52594, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Prior Lake at a glance
- Median rent in Prior Lake
- Rent burden in Prior Lake
- Renters and owners in Prior Lake
- Income and affordability in Prior Lake
- Home values in Prior Lake
- Homeowner costs in Prior Lake
- Property taxes in Prior Lake
- Types of homes in Prior Lake
- Bedrooms in Prior Lake
- Age of homes in Prior Lake
- Vacancy rate in Prior Lake
- Heating fuel in Prior Lake
- Commute and cars in Prior Lake
- Crime reported to police in Prior Lake
- Population growth in Prior Lake
- How long people stay in Prior Lake
- Crowding and facilities in Prior Lake
- Minnesota landlord and tenant rules
- Housing across Scott County
- Housing data for every place in Minnesota