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Apartments for Rent in Prior Lake, MN under $1500

43 Rentals Available
Apartments for Rent in Prior Lake, MN under $1500. 43 Rentals Available
  • 18
    Resident Rated
    Rent Specials
    Kitchen at The Grainwood Senior Apartments, Prior Lake Minnesota Gorgeous Bedroom at The Grainwood Senior Apartments, Prior Lake
    3.5
    Today

    5119 Gateway Street SE, Prior Lake, MN 55372
    Income Restricted
    1 BED $1,413
    Kitchen at The Grainwood Senior Apartments, Prior Lake Minnesota Gorgeous Bedroom at The Grainwood Senior Apartments, Prior Lake Dining Room at The Grainwood Senior Apartments, Prior Lake Fitness Center at The Grainwood Senior Apartments, Prior Lake
    Property reviews
    5/5 Anonymous on Sep 30, 2024

    Can’t say enough how great it is living here.

    5/5 Elizabeth A. on Nov 9, 2023

    I HAVE BEEN LIVING HERE SINCE THEY BUILD THE GRAINWOOD I ? IT HERE??????

  • 46
    Top Rated for Location
    Pike Lake Marsh Apartments in Prior Lake, MN Model Living Dining Room Affordable Pike Lake Marsh Apartments in Prior Lake, MN Model Bedroom Affordable
    4.5
    Today

    4489 Marsh Drive NE, Prior Lake, MN 55372
    Contact for availability
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
    Pike Lake Marsh Apartments in Prior Lake, MN Model Living Dining Room Affordable Pike Lake Marsh Apartments in Prior Lake, MN Model Bedroom Affordable Pike Lake Marsh Apartments Exterior Playground for kids Pike Lake Marsh Apartments Exterior Entrance
    Property reviews
    5/5 Anonymous on May 8, 2025

    Very good Appartment to live, quiet and comfortable. Thank you????

    5/5 Kathryn L. on Jan 3, 2025

    great place to live! Great staff and really clean!

  • A living room with a grey couch, a wooden table, and a television on the wall.
    7
    1 day ago

    13854 Mckenna Road NW, Prior Lake, MN 55379
    STUDIO $1,426+
    1 BED $1,395+
  • A living room with a white couch and a grey ottoman.
    Today

    3800 Jeffers Parkway NW, Prior Lake, MN 55372
    1 BED $1,415
  • A row of houses with a grassy front yard.
    Today

    4716 Tower Street SE, Prior Lake, MN 55372
    Income Restricted
    2 BEDS Ask for Pricing

  • More Rentals Near Prior Lake, MN

  • a living room with a blue couch and two white chairs
    42
    Today

    18010 Kenwood Trail, Lakeville, MN 55044
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a living room with a couch and a table and a window
    48
    Today

    1701 W Burnsville Pkwy, Burnsville, MN 55337
    1 BED $1,295
    2 BEDS Ask for Pricing
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  • A living room with a white couch, a grey armchair, and a wooden cabinet.
    Today

    14977 Louisiana Ave S, Savage, MN 55378
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS $1,395
  • a living room with black leather furniture and a fireplace
    10
    Today

    18400 Orchard Trail, Lakeville, MN 55044
    STUDIO $1,460+
  • A living room with a grey couch and a green and white chair.
    46
    Today

    17956 Jubilee Way, Lakeville, MN 55044
    1 BED $1,420+
  • A living room with a white couch, a yellow ottoman, and a painting on the wall.
    Today

    10805 173Rd St W, Lakeville, MN 55044
    STUDIO $1,350
    1 BED $1,425+
  • a living room with a couch and a coffee table
    20
    Today

    4421 West 137Th Street, Savage, MN 55378
    1 BED $1,380+
  • a living room with a couch and a chair
    36
    Today

    15101 Greenhaven Drive, Burnsville, MN 55306
    1 BED $1,381+
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  • a living room with a fireplace and a couch
    10
    Today

    1331 Crossings Blvd., Shakopee, MN 55379
    Income Restricted
    1 BED $1,499
  • a kitchen and living room with wood flooring and a black refrigerator
    81
    Today

    1360 Stagecoach Road, Shakopee, MN 55379
    2 BEDS Ask for Pricing
    3 BEDS $1,475+
  • A living room with a grey couch and a blue ottoman.
    82
    Today

    1311 143Rd Street West, Burnsville, MN 55306
    STUDIO $980+
    1 BED $1,191+
  • a playground in front of a house
    Today

    14250 Irving Avenue South, Burnsville, MN 55306
    Income Restricted
    1 BED $1,013+
    2 BEDS $1,309
  • A living room with a brown leather chair and a grey sofa.
    21
    Today

    1995 W 136Th St, Burnsville, MN 55337
    STUDIO $1,288+
    1 BED $1,413+
  • A playground with a slide and a sign with letters on it.
    Today

    1575 Sarazin Street, Shakopee, MN 55379
    Income Restricted
    2 BEDS $1,405
  • A living room with a large black and white painting of a galaxy on the wall and four grey chairs.
    Today

    1595 Sarazin Road, Shakopee, MN 55379
    Income Restricted
    2 BEDS $1,405
  • a living room with couches and chairs and a table
    43
    Today

    14701 Portland Ave S, Burnsville, MN 55306
    STUDIO $1,286+
    1 BED $1,256+
  • 830 Shenandoah Drive Studio-1 Bed Apartment for Rent
    Today

    830 Shenandoah Drive, Shakopee, MN 55379
    STUDIO Ask for Pricing
    1 BED $1,420
  • A kitchen with a black stove top oven and a silver refrigerator.
    1 day ago

    20630 Hughes Avenue West, Lakeville, MN 55044
    2 BEDS $1,499
  • A house with a grey roof and a white garage door is surrounded by trees.
    Today

    13404 Wentworth Ave Burnsville, MN 55337, Burnsville, MN 55337
    STUDIO $245
  • a living room with a couch and chairs and a tv
    55
    1 day ago

    1024 West Burnsville Pkwy, Burnsville, MN 55337
    1 BED $1,175+
    2 BEDS $1,345+
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Getting around in Prior Lake, MN

29 /100
Somewhat Bikeable
Bike Score®: 29

Frequently asked questions

When were prices and availability in Prior Lake, MN last updated?

Prices and availability in Prior Lake, MN were last updated on 26 Nov 2025.

What are the best apartments in Prior Lake, MN?

The best apartments in Prior Lake, MN are: The Grainwood Senior Apartments, Pike Lake Marsh, Lake Ridge Apartments, Jeffers Waterfront Apartments and 15981 Jordan Ave SE.

What type of rental buildings are in Prior Lake, MN?

In Prior Lake 14% of the housing is rented out compared to 86% of homes are owned, according to the most recent Census Bureau estimates. 37% of Prior Lake’s apartments are found in large buildings of 50 units or more, 45% are located in smaller apartment complexes with less than 50 units, and 17% are single-family rentals.

Apartments in Prior Lake, MN under $1,500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 43 apartments for rent in Prior Lake, MN on which you’ll spend less than $1,500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,500. The average rental size in Prior Lake, MN is 959 Sqft, but the $1,500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!