StayRentalsStayRentals

Affordable apartments in Prior Lake, Minnesota

4 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

4 lihtc

Buildings

THE GRAINWOOD

LIHTC
5119 GATEWAY ST SE, PRIOR LAKE, MN, 55372
Income-restricted units
168 of 168
Year placed in service
2018
Bedroom mix
112 1BR · 21 2BR · 35 3BR

Estimated total housing cost: $1,447 rent + $117 utilities = $1,564/mo

Contact property management for current availability. Waitlists may apply.

PIKE LAKE MARSH

LIHTC
4489 MARSH DR NE, PRIOR LAKE, MN, 55372
Income-restricted units
68 of 68
Year placed in service
2018
Bedroom mix
15 1BR · 33 2BR · 20 3BR

Estimated total housing cost: $1,447 rent + $117 utilities = $1,564/mo

Contact property management for current availability. Waitlists may apply.

KESTREL VILLAGE APARTMENTS

LIHTC
MULTIPLE BUILDING ADDRESSES, PRIOR LAKE, MN, 55372
Income-restricted units
47 of 48
Year placed in service
1996

Estimated total housing cost: $1,447 rent + $117 utilities = $1,564/mo

Contact property management for current availability. Waitlists may apply.

BLUFF HEIGHTS APARTMENTS

LIHTC
16638 FRANKLIN TR, PRIOR LAKE, MN, 55372
Income-restricted units
34 of 39
Year placed in service
2003
Bedroom mix
5 1BR · 24 2BR · 10 3BR

Estimated total housing cost: $1,447 rent + $117 utilities = $1,564/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Minnesota

Residential electricity in Minnesota runs about 15.95¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $12.68/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Prior Lake, MN

Metro-level
BedroomsLocal FMRNational median
Studio$1,230n/a
1 bedroom$1,375n/a
2 bedroom$1,447$1,502
3 bedroom$1,881n/a
4 bedroom$2,171n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Scott County, MN

Minneapolis-St. Paul-Bloomington, MN-WI. FY2025. Area median income: $132,400.

Household size30% AMI50% AMI80% AMI
1 person$27,800$46,350$72,950
2 people$31,800$53,000$83,400
3 people$35,750$59,600$93,800
4 people$39,700$66,200$104,200
5 people$42,900$71,500$112,550
6 people$46,100$76,800$120,900
7 people$49,250$82,100$129,250
8 people$54,150$87,400$137,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Minnesota cities

See all affordable-rental cities in Minnesota

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Prior Lake cost-of-living and Fair Market Rent overview