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  1. Interior Photo - Carrick Apartments and Townhomes
    Rent Special
    Rent Special
    |
    1 BED
    $1,603+
    2 BEDS
    $2,760+
    3 BEDS
    $4,198+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,588 - $6,218
    Required Monthly Fees$15
    Total Monthly Price$1,603 - $6,233

    Carrick Apartments and Townhomes

    5603 Manitou Rd, Tonka Bay, MN 55331
    (952) 314-6856
  2. Building Photo - Excelsior Shores
    1 BED
    $2,151
    Total Monthly Price Total Monthly Price New
    Base Rent$2,069
    Required Monthly Fees$82
    Total Monthly Price$2,151

    Excelsior Shores

    322 Lake St, Excelsior, MN 55331
    (952) 856-7388
  8. Building Photo - 119 Pleasant Ln E
    3 BEDS, 2 BATHS
    $3,695
    Total Monthly Price Total Monthly Price New
    Base Rent$3,695
    Required Monthly FeesNone
    Total Monthly Price$3,695
         - 12 Month Lease

    119 Pleasant Ln E

    119 Pleasant Ln E, Excelsior, MN 55331
    Apply
  9. Building Photo - 2 West Dr
    2 BEDS, 3 BATHS
    $8,950
    Total Monthly Price Total Monthly Price New
    Base Rent$8,950
    Required Monthly FeesNone
    Total Monthly Price$8,950

    2 West Dr

    2 West Dr, Excelsior, MN 55331
  10. Building Photo - 11 West Dr
    2 BEDS, 2 BATHS
    $7,750
    Total Monthly Price Total Monthly Price New
    Base Rent$7,750
    Required Monthly FeesNone
    Total Monthly Price$7,750

    11 West Dr

    11 West Dr, Excelsior, MN 55331
  11. 1 BED, 1 BATH
    $3,350
    Total Monthly Price Total Monthly Price New
    Base Rent$3,350
    Required Monthly FeesNone
    Total Monthly Price$3,350

    224 West Dr

    224 West Dr, Excelsior, MN 55331
  12. 2 BEDS, 2 BATHS
    $6,250
    Total Monthly Price Total Monthly Price New
    Base Rent$6,250
    Required Monthly FeesNone
    Total Monthly Price$6,250

    108 West Dr

    108 West Dr, Excelsior, MN 55331
  14. Building Photo - Greenwood Manor
    1 Month Free
    1 Month Free
    Call for Rent

    Greenwood Manor

    5205 Greenwood Cir, Excelsior, MN 55331

Excelsior at a Glance

Average Rent

$1,241
(All bedrooms and property types)
Learn more about
Average Rent in Excelsior
8

School Rating

out of 10 Rating
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Schools in Excelsior

Excelsior, MN Apartments for Rent

Nestled on the southern shore of Lake Minnetonka, Excelsior combines historic charm with lakeside living. Those searching for apartments in Excelsior will discover a walkable community that celebrates its heritage through its National Register-listed commercial district along Water Street. Within its compact one square mile, this lakeside town offers access to the 13-acre Commons park and seasonal community events, while the Lake Minnetonka shoreline provides year-round recreation opportunities.

Apartments in Excelsior range from studio units to two-bedroom homes, with prices generally lower than nearby Minneapolis, located 15 miles northeast. The community's location near Minnesota State Highway 7 connects residents to the Twin Cities metropolitan area. The walkable downtown features locally-owned shops and restaurants, while Lake Minnetonka offers boating, fishing, and water recreation. The area is served by the Minnetonka School District, which includes Excelsior Elementary School.

Renting in Excelsior

Average Rental Rates and Apartment Sizes

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

Public University
Public University
Public University
Private University
Private University
GreatSchools Rating
Minnetonka West Middle

Public Middle School

Public
Grades 6-8
1,274 Students
GreatSchools Rating
Minnetonka West Middle School

Public Middle School

Public
Grades 6-8
1,274 Students
GreatSchools Rating
Minnewashta Elementary

Public Elementary School

Public
Grades K-5
904 Students
GreatSchools Rating
Minnewashta Elementary School

Public Elementary School

Public
Grades K-5
904 Students
GreatSchools Rating
Excelsior Elementary School

Public Elementary School

Public
Grades K-5
739 Students
GreatSchools Rating
Excelsior Elementary

Public Elementary School

Public
Grades K-5
739 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Frequently asked questions about renting in Excelsior, MN

What are the average rent costs in Excelsior, MN?

The average rent in Excelsior, MN is $1,241.

What are the average rent costs of a one bedroom apartment in Excelsior, MN?

The average rent for a 1 bedroom apartment in Excelsior, MN is $1,241.

What are the average rent costs of a two bedroom apartment in Excelsior, MN?

The average rent for a 2 bedroom apartment in Excelsior, MN is $1,832.

What are the average rent costs of a three bedroom apartment in Excelsior, MN?

The average rent for a 3 bedroom apartment in Excelsior, MN is $2,146.

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