Median Age
41 Years
Largest Age Group
50-59 Years
Approximately 14% of Residents
Under 20
25%
Over 65
18%
Avg Rent
$1,501
Population
29,241
Renter Mix
19% Rent
Located about 20 miles southwest of Downtown Minneapolis, Prior Lake is a scenic suburb offering residents a small-town atmosphere on the cusp of the Twin Cities. Recreational opportunities abound near Prior Lake, with more than 55 parks, over 100 miles of trails and sidewalks, and 14 lakes in the area. Golfers have their pick of numerous courses as well, including the Wild’s Golf Club, the Meadows at Mystic Lake Golf Course, and Stonebrooke Golf Club.
Widespread support for locally owned businesses, the farmers market, and community events contributes to Prior Lake’s small-town charm. Convenience to Highway 13 puts Prior Lake within close proximity to a host of shopping and dining options as well as the many amenities of the Twin Cities. Prior Lake residents also enjoy access to a top-rated school system and MVTA buses.
Median Household Income
$115,404
Average: $147,164
Education
11,252
Residents Have a Degree
Job Market
17,301
Workers Employed
Median Age
41 Years
Largest Age Group
50-59 Years
Approximately 14% of Residents
Under 20
25%
Over 65
18%
Housing Distribution
Prior Lake has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Prior Lake, MN is $1,231 for a studio, $1,503 for one bedroom, $1,786 for two bedrooms, and $2,218 for three bedrooms. Apartment rent in Prior Lake has increased by 0.6% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Prior Lake, MN is for everyday living.
Somewhat Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
519 Students
Public
Grades K-5
506 Students
Public
Grades K-5
471 Students
Public
Grades K-5
443 Students
Public
Grades K-5
450 Students
Public
Grades 6-8
1,987 Students
Public
Grades 6-8
1,066 Students
Special Education Extended School Year
Public
Grades K-12
Public
Grades 9-12
89 Students
Special Education Extended School Year
Public
Grades K-12
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.