3-Bedroom Apartment Rent in Prior Lake, MN
Median asking rent for a 3-bedroom apartment in Prior Lake, Minnesota as of July 2026. That's +11% higher than the citywide median of $2,051 and +7% above the national 3-bedroom median of $2,130.
Income needed for a 3-bedroom in Prior Lake
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.
Rent by apartment size in Prior Lake
Compare Prior Lake's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Minnesota
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Winona | $1,200 |
| 2 | Bemidji | $1,320 |
| 3 | Austin | $1,330 |
| 4 | Moorhead | $1,460 |
| 5 | Owatonna | $1,460 |
| 6 | Waite Park | $1,570 |
| 7 | Anoka | $1,666 |
| 8 | Duluth | $1,666 |
| 9 | Saint Cloud | $1,690 |
| 10 | Mankato | $1,750 |
| 11 | Victoria | $1,792 |
| 12 | Rochester | $1,918 |
| 13 | Northfield | $1,970 |
| 14 | South Saint Paul | $1,970 |
| 15 | Saint Michael | $1,980 |
Most expensive cities for a 3-bedroom in Minnesota
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $3,035 |
| 2 | Maple Grove | $2,935 |
| 3 | Eden Prairie | $2,890 |
| 4 | Wayzata | $2,865 |
| 5 | Lakeville | $2,850 |
| 6 | Cottage Grove | $2,840 |
| 7 | Edina | $2,797 |
| 8 | Blaine | $2,775 |
| 9 | Brooklyn Park | $2,750 |
| 10 | Plymouth | $2,748 |
| 11 | Savage | $2,700 |
| 12 | Rosemount | $2,700 |
| 13 | Minnetonka | $2,665 |
| 14 | Saint Louis Park | $2,545 |
| 15 | Apple Valley | $2,540 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 3-bedroom rents than Prior Lake.
| City | Distance | 3-Bedroom rent | vs Prior Lake |
|---|---|---|---|
| Savage, MN | 6.1 mi | $2,700 | +$420 (+18%) |
| Shakopee, MN | 8.5 mi | $2,410 | +$130 (+6%) |
| Lakeville, MN | 9.9 mi | $2,850 | +$570 (+25%) |
| Burnsville, MN | 10.4 mi | $2,445 | +$165 (+7%) |
| Eden Prairie, MN | 11.5 mi | $2,890 | +$610 (+27%) |
| Bloomington, MN | 12.2 mi | $2,520 | +$240 (+11%) |
| Edina, MN | 15.3 mi | $2,797 | +$517 (+23%) |
| Apple Valley, MN | 15.7 mi | $2,540 | +$260 (+11%) |
| Richfield, MN | 16 mi | $2,130 | $-150 (-7%) |
| Hopkins, MN | 16 mi | $2,300 | +$20 (+1%) |
| Chaska, MN | 17.7 mi | $2,280 | — |
| Minnetonka, MN | 17.7 mi | $2,665 | +$385 (+17%) |
3-Bedroom rent in Prior Lake — common questions
How much is a 3-bedroom apartment in Prior Lake?
As of July 2026, the median 3-bedroom apartment rent in Prior Lake, Minnesota is $2,280 per month. This is +11% higher than the citywide median of $2,051.
What income do you need to afford a 3-bedroom in Prior Lake?
Using the standard 30% rent-to-income rule, you would need an annual income of about $91,200 ($7,600/month gross), which works out to roughly $43.85/hour at a full-time job.
Is Prior Lake expensive for a 3-bedroom compared to the rest of the US?
Prior Lake's 3-bedroom median of $2,280 is +7% above the national 3-bedroom median of $2,130. It ranks in the 57th percentile of US cities tracked.
How does Prior Lake rank for 3-bedroom rent in Minnesota?
Among the 65 cities in Minnesota with 3-bedroom data, Prior Lake ranks #38 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Prior Lake?
Yes — nearby cities with cheaper 3-bedroom rents include Richfield ($2,130).