4+ Bedroom Apartment Rent in Prior Lake, MN
Median asking rent for a 4+ bedroom apartment in Prior Lake, Minnesota as of July 2026. That's +24% higher than the citywide median of $2,051 and +1% above the national 4+ bedroom median of $2,530.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Minnesota
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Winona | $1,310 |
| 2 | Austin | $1,400 |
| 3 | Bemidji | $1,560 |
| 4 | Moorhead | $1,750 |
| 5 | Owatonna | $1,750 |
| 6 | Waite Park | $1,870 |
| 7 | Saint Cloud | $1,973 |
| 8 | Duluth | $2,078 |
| 9 | Mankato | $2,100 |
| 10 | Columbia Heights | $2,240 |
| 11 | Northfield | $2,240 |
| 12 | Saint Michael | $2,240 |
| 13 | South Saint Paul | $2,240 |
| 14 | Elk River | $2,270 |
| 15 | New Brighton | $2,270 |
Most expensive cities for a 4+ bedroom in Minnesota
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Woodbury | $3,400 |
| 2 | Maple Grove | $3,290 |
| 3 | Eden Prairie | $3,240 |
| 4 | Lakeville | $3,190 |
| 5 | Cottage Grove | $3,180 |
| 6 | Edina | $3,133 |
| 7 | Blaine | $3,110 |
| 8 | Brooklyn Park | $3,080 |
| 9 | Plymouth | $3,078 |
| 10 | Savage | $3,030 |
| 11 | Rosemount | $3,030 |
| 12 | Minnetonka | $2,980 |
| 13 | Saint Louis Park | $2,850 |
| 14 | Apple Valley | $2,850 |
| 15 | Vadnais Heights | $2,830 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 4+ bedroom rents than Prior Lake.
| City | Distance | 4+ Bedroom rent | vs Prior Lake |
|---|---|---|---|
| Savage, MN | 6.1 mi | $3,030 | +$480 (+19%) |
| Shakopee, MN | 8.5 mi | $2,700 | +$150 (+6%) |
| Lakeville, MN | 9.9 mi | $3,190 | +$640 (+25%) |
| Burnsville, MN | 10.4 mi | $2,735 | +$185 (+7%) |
| Eden Prairie, MN | 11.5 mi | $3,240 | +$690 (+27%) |
| Bloomington, MN | 12.2 mi | $2,823 | +$273 (+11%) |
| Edina, MN | 15.3 mi | $3,133 | +$583 (+23%) |
| Apple Valley, MN | 15.7 mi | $2,850 | +$300 (+12%) |
| Richfield, MN | 16 mi | $2,390 | $-160 (-6%) |
| Hopkins, MN | 16 mi | $2,580 | +$30 (+1%) |
| Chaska, MN | 17.7 mi | $2,550 | — |
| Minnetonka, MN | 17.7 mi | $2,980 | +$430 (+17%) |
4+ Bedroom rent in Prior Lake — common questions
How much is a 4+ bedroom apartment in Prior Lake?
As of July 2026, the median 4+ bedroom apartment rent in Prior Lake, Minnesota is $2,550 per month. This is +24% higher than the citywide median of $2,051.
What income do you need to afford a 4+ bedroom in Prior Lake?
Using the standard 30% rent-to-income rule, you would need an annual income of about $102,000 ($8,500/month gross), which works out to roughly $49.04/hour at a full-time job.
Is Prior Lake expensive for a 4+ bedroom compared to the rest of the US?
Prior Lake's 4+ bedroom median of $2,550 is +1% above the national 4+ bedroom median of $2,530. It ranks in the 51th percentile of US cities tracked.
How does Prior Lake rank for 4+ bedroom rent in Minnesota?
Among the 60 cities in Minnesota with 4+ bedroom data, Prior Lake ranks #34 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Prior Lake?
Yes — nearby cities with cheaper 4+ bedroom rents include Richfield ($2,390).