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Prior Lake, MN Area Guide

Avg Rent

$1,506

Population

29,241

Renter Mix

19% Rent

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

Suburban Lakeside Family-Friendly

Prior Lake sits about 20 miles southwest of Minneapolis along the shores of Upper and Lower Prior Lake, two connected bodies of water that give the city its name and character. On any given morning, you might catch someone launching a kayak near Sand Point Beach, grabbing coffee along Highway 13, or heading downtown to browse locally owned shops. The city has more than 80 miles of sidewalks and trails and sits close to neighboring Shakopee and Savage, giving residents access to a wide range of dining, retail, and entertainment options without a long drive. Renters will find a mix of single-family-style townhomes, garden apartments, and mid-rise apartment communities. The rental stock tends toward roomier floor plans, reflecting the suburban setting. Prior Lake was incorporated as a village back in 1891, making it one of the oldest cities in the south metro area, and the city hosts an annual Lakefront Music Festival each July that draws large crowds to Lakefront Park.

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 July 2026, the average apartment rent in Prior Lake, MN is $1,289 for a studio, $1,506 for one bedroom, $1,743 for two bedrooms, and $2,134 for three bedrooms. Apartment rent in Prior Lake has increased by 1.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,506/month
732 Sq Ft
House
$3,170/month
2,571 Sq Ft
Townhome
$2,221/month
1,289 Sq Ft
See Rental Market Trends in Prior Lake, MN

Learn More About Prior Lake

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

Jeffers Pond Elementary School

Public

Grades K-5

506 Students

Westwood Elementary School

Public

Grades K-5

505 Students

Jeffers Pond Elementary School

Public

Grades PK-5

487 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

75 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

Living in Prior Lake

History

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The lakes at the center of Prior Lake carry a long history. The Dakota people knew the area's primary lake as Bdé Mayá Thó, meaning "Lake of the Blue Banks." The lake was later renamed for Charles Prior of the Chicago, Milwaukee and St. Paul Railroad, which passed through the area in the late 19th century. That railroad connection played a key role in the town's early development, and the city incorporated as a village in 1891, one of the oldest in Scott County. The Mystic Lake Casino Hotel, operated by the Shakopee Mdewakanton Sioux Community on tribal land within the city's boundaries, is one of the area's most recognizable landmarks today. The Mystic Showroom regularly hosts national-caliber musical and comedy performers, drawing visitors from across the Twin Cities metro. The nearby attraction The Landing, a living history museum in Shakopee, offers a look at 19th-century life along the Minnesota River and is just a short drive away.

Restaurants

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Prior Lake has a solid spread of restaurants for a city its size, with options running from casual American fare to Mexican cuisine, pizza, burgers, Asian-inspired dishes, and sports bars with scratch kitchens. The dining scene hugs the Highway 13 corridor and the commercial areas near downtown, making most spots accessible without much of a drive. A good number of the restaurants are locally owned, which gives the scene a grounded feel rather than a purely chain-driven one. The city's downtown district and surrounding commercial strips also feature coffee shops and bakeries for everyday stops. For a broader dining experience, neighboring Shakopee adds more variety within just a few minutes, including additional fast-casual and full-service options. The Prior Lake Chamber of Commerce hosts the annual Prior Lake Days event, which includes food vendors and brings the community together around local businesses.

Transportation

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Most residents in Prior Lake get around by car. State Highway 13 is the city's main artery, running north toward the Twin Cities and connecting to U.S. Highway 169 for broader metro access. Highway 169 provides a direct route to Eden Prairie, Bloomington, and Minneapolis, making the commute manageable for those heading into the city. Minneapolis-St. Paul International Airport is roughly 31 minutes away by car. For those who prefer public transit, the Minnesota Valley Transit Authority (MVTA) operates Route 490, which connects Prior Lake and Shakopee directly to Minneapolis and the University of Minnesota. The MVTA also runs seasonal service to the Mystic Lake Amphitheater. The city's extensive trail and sidewalk system, with over 80 miles of connected paths, makes getting around on foot or by bike practical within the city itself.

Parks

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With 49 parks, more than 1,000 acres of parkland, and over 80 miles of trails, Prior Lake takes its outdoor spaces seriously. Lakefront Park is the crown jewel, offering an amphitheater, beach access at Watzl's Beach, hockey rinks, a skate park, a sledding hill, tennis courts, a fishing dock, picnic shelters, and an outdoor ice rink in winter. Sand Point Beach, located on the north end of Prior Lake, is another popular summer destination with sand volleyball courts, a fishing pier, a playground, and kayak and paddleboard rack storage. Cleary Lake Regional Park, operated by Three Rivers Park District and Scott County, sits within the city and is open year-round. It features 5.9 miles of hiking trails, 3.5 miles of paved biking trails, a nine-hole golf course, a swimming beach, campgrounds, a dog off-leash area, cross-country skiing, and paddling on 137 acres of water. Spring Lake Regional Park, also operated by Three Rivers Park District, offers similar outdoor recreation with a quieter, more rural feel.

Cost

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Average rent in Prior Lake runs around $949 for a one-bedroom and approximately $1,421 for a two-bedroom, based on available market data. Studio apartments average around $779 per month. These figures sit below the statewide Minnesota average for one-bedroom units, which is approximately $1,078. Specific cost of living index data for Prior Lake is not available, though Scott County as a whole tends to reflect costs consistent with Twin Cities suburban communities. The local economy draws on a mix of retail, healthcare, professional services, and proximity to major employers throughout the south metro, including in nearby Shakopee and Eden Prairie.

Shopping

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Prior Lake's retail activity is concentrated along the Highway 13 corridor and in the commercial areas flanking downtown. The city has a developed downtown district with locally owned businesses, and the Prior Lake Chamber of Commerce actively supports shop-local efforts through events like the Spring Showcase and the annual Fall Community Fest. Several strip-style retail centers along Highway 13 provide access to grocery stores, pharmacies, home goods, and everyday essentials without leaving the city. For a wider retail selection, Shakopee is minutes away and includes a mix of big-box stores, specialty shops, and service businesses. The broader south metro, including Eden Prairie and Burnsville, brings additional mall and lifestyle center options within a 20-to-30-minute drive. The Prior Lake Farmers Market runs seasonally and draws local vendors selling produce, artisan goods, and prepared foods.

Highlights

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Prior Lake offers lakeside living 20 miles from Minneapolis, with 49 parks, over 1,000 acres of parkland, two public beaches, a nationally recognized entertainment venue at Mystic Lake Casino Hotel, and one of the Twin Cities' most popular year-round regional parks at Cleary Lake right in the city.

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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 June 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.