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Home / Minneapolis Area Apartments / Prior Lake / Hearthwood Apartments
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Updated 2 hours ago

Hearthwood Apartments


16516 Franklin Trl SE Prior Lake, MN

2 Bed
•
1 Bath

918 Sq. Ft.

Available starting Jun. 15th
Floor plans
1 Bed • 1 Bath
$1,295
840 ft2
0 Available
Managed By: Reacor, Ltd.
16516 Franklin Trail S.E. - 204 204
$1,295
Rented
View
1 Bed • 1 Bath
$1,195 - $1,395
650 ft2
0 Available
Managed By: Reacor, Ltd.
Unit 111
$1,295
Rented
View
Unit 102
$1,195
Rented
View
Unit 203
$1,295
Rented
View
Unit 209
$1,350
Rented
View
Unit 103
$1,295
Rented
View
Unit 109
$1,350
Rented
View
Unit 110
$1,275
Rented
View
Unit 202
$1,395
Rented
View
2 Beds • 1 Bath
$1,550
918 ft2
1 Available
Managed By: Reacor, Ltd.
Unit 208
$1,550
Available Jun 15th, 2026
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Where you'll live
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Hearthwood Apartments
Hearthwood Apartments
Hearthwood Apartments
Location ratings
Walk Score®
36
Car-Dependent
Bike Score®
61
Bikeable
Amenities
On-site Laundry
Air Conditioning
Storage
Disability Access
Refrigerator
Fireplace
Garbage Disposal
Trash Removal Included
Public Transportation
Controlled Access
On-site Caretaker
Near Shopping, Dining, Churches, Schools, Banks, Downtown Prior Lake
Elevator
Window Treatments
Meal Plan Available
Online Community Portal
Smoke-free Community
Online Payments
High-speed Internet
Cable-ready
Freezer
Stainless Steel Appliances
Microwave
Range / Oven
Carpet
Balcony, Deck, Patio
Dishwasher
Stainless Appliances
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Other:

No Dogs Allowed. Cats are Welcome! Call for details.

Parking
Surface Parking
Garage - Detached
Garage - Attached
Lease & Fees
Security Deposit: $1,000
Property details
Description

Spacious 2 Bedroom Apartment in Prior Lake - Spacious & newly updated two bedroom apartment in Prior Lake, MN. This apartment features stainless steel appliances with an oversized balcony, wood burning fireplace, included garage, and more. Bluetooth laundry facilities available on-site. Take advantage of this rare opportunity to join our quiet community.
Utilities: Trash - $20/month. Water/Sewer - $20-30/month per person.
Pet policy - Cats welcome. $300 non refundable fee, $40 per month pet rent. Up to two per apartment.

Additional Details
Total Unit Count: 24
Last Updated: Updated 2 hours ago
Contact Number: (651) 376-4085
Property manager information
Reacor, Ltd.
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Photos Floor Plans Amenities
Renters Also Viewed
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2 BR
0.5 miles away
$1,579 - $1,649
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17088 Adelmann St SE Prior Lake, MN
2 BR | Available Now
0.7 miles away
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Creekside Commons Apartments
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2 BR | Available Now
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Hearthwood Apartments by bedroom type below.
2 Bedroom
Suggested income:
$55,800
per year
Rent report

Hearthwood Apartments Rent vs. Prior Lake Average

 Hearthwood Apartments      Prior Lake Average
2BR
$1,550
$1,667
$0
$550
$1,100
$1,650
$2,200

Hearthwood Apartments is asking 7% less than the average 2 bedroom apartment in Prior Lake.

If you upsized to an average priced Prior Lake 3 bedroom apartment, you would pay 20% more per month.

If you downsized to an average priced Prior Lake 1 bedroom apartment, you would pay 20% less per month.

Hearthwood Apartments provides 16% less square footage than the average Prior Lake 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Hearthwood Apartments
2BR $1,550 $1.70 $4,650
Prior Lake Average
Studio $1,152 $2.10 $3,455
1BR $1,393 $1.80 $4,180
2BR $1,667 $1.50 $5,002
3BR $2,095 $1.60 $6,285
4BR $3,295 $1.10 $9,885

Availability in Prior Lake

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 45 2BR units on the market in Prior Lake. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 24% 64% 1% 1%
Available Units in Prior Lake
Studio 6
1BR 17
2BR 45
3BR 1
4BR 1
Location
Nearby College

Normandale Community College

Nearby Hospitals
Name Distance
St Francis Regional Med Center 5.91 mi.
Fairview Ridges Hospital 7.63 mi.
Fairview Southdale Hospital 12.93 mi.
Nearby Fire Stations
Name Distance
Prior Lake Fire Department 1.05 mi.
Mdewakanton Public Safety 2.79 mi.
Prior Lake Fire Department 3.12 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on June 15, 2026.
What's the square footage of the available units?
It's 918 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 16516 Franklin Trl SE in Prior Lake, MN. It's 0.1 miles east from the center of Prior Lake.
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