Prior Lake

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Prior Lake, MN Area Guide

Avg Rent

$1,501

Population

29,241

Renter Mix

19% Rent

Bask in small-town charm and lakeside recreation near the Twin Cities

Suburban Lakeside Family-Friendly Active Scenic Peaceful Welcoming Convenient Commuter

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.

Demographics

Median Household Income

$115,404

Average: $147,164

Education

11,252

Residents Have a Degree

Job Market

17,301

Workers Employed

Age Distribution
Get a sense of this area's population profile.

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.

Renters
19%
Non-Renters
81%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
34%
Other Education
66%

Rent Trends

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.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,503/month
732 Sq Ft
House
$3,125/month
2,857 Sq Ft
Townhome
$2,610/month
1,741 Sq Ft
See Rental Market Trends in Prior Lake, MN

Getting Around

Somewhat Walkable

Walkability

20 / 100

Exceptionally Drivable

Drivability

90 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Westwood Elementary

Public

Grades K-5

519 Students

Jeffers Pond Elementary

Public

Grades K-5

506 Students

Five Hawks Elementary

Public

Grades K-5

471 Students

La Ola Del Lago at Grainwood

Public

Grades K-5

443 Students

Grainwood Elementary

Public

Grades K-5

450 Students

Hidden Oaks Middle School

Public

Grades 6-8

1,987 Students

Twin Oaks Middle School

Public

Grades 6-8

1,066 Students

Prior Lake-Savage Area Alc

Public

Grades 9-12

89 Students

Points of Interest

Parks and Recreation

  • Cleary Lake Regional Park
  • Murphy-Hanrehan Park Reserve
  • The Landing
  • Buck Hill
  • Eden Prairie Outdoor Center and Staring Lake Observatory

Airports

  • Minneapolis-St Paul International/Wold-Chamberlain

Top Apartments in Prior Lake

Houses for Rent in Prior Lake

Search Nearby Rentals

Methodology

† 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.