First-Time Homebuyer Grant Program
Assistance grant · New construction · Income limits
Down payment assistance · Scott County
Buying a home in Prior Lake, MN
2 county programs and 8 statewide.Prior Lake has no program of its own, 2 across Scott County, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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What’s local to Prior Lake
No program of Prior Lake’s own yet
No program run for Prior Lake alone is listed. A home in Prior Lake can use Scott County’s programs below, plus the Minnesota statewide and federal ones.
The closest city that runs its own program is Burnsville, about 8 miles away. City programs usually require the home to be inside that city’s limits.
Anywhere in ScottAnywhere in Scott County
2 county programs2 county programs a Prior Lake homebuyer can use
The Prior Lake marketThe Prior Lake housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Prior Lake
- 69.9% single-familysingle-family
- 17.4% townhousetownhouse
- 1.1% 2–4 units2–4 units
- 11.5% 5+ unitscondo & apartment buildings (5+ units)
- 0% mobile & othermobile home & other
Condos count. All 2 of Prior Lake’s local and county programs accept condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Prior Lake’s homes were built
pre-19401970s2020+
21.4%
of Prior Lake homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$131,500
County area median income, 4 people (HUD)HUD area median income, Scott County, 4-person household (2026)
$134,255
Prior Lake median household incomeMedian household income in Prior Lake (Census, 2024)
13 of the 72 programs here set their income limit as a share of Scott County’s area median income, adjusted for household size. See the published limits for Scott County
Free help nearbyFree help near Prior Lake
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Minnesota and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
Prior Lake questions
Does Prior Lake have its own down payment program?
No program run for Prior Lake alone is listed. A home in Prior Lake can use the 2 programs that cover Scott County and the 8 statewide programs. Each program’s own site has the current terms.
Can I use assistance on a condo in Prior Lake?
All 2 of Prior Lake’s local and county programs accept condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Scott County?
Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Scott County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Prior Lake?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Prior Lake. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
55372
Nearby in Scott
Sources
Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–August 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.