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  1. Aerial - Excelsior Shores
    1 Month Free
    1 Month Free
    |
    STUDIO
    $1,727+
    1 BED
    $2,077+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,645 - $1,995
    Required Monthly Fees$82
    Total Monthly Price$1,727 - $2,077

    Excelsior Shores

    322 Lake St, Excelsior, MN 55331
    (952) 856-7388
  2. Interior Photo - Carrick North Building
    |
    1 BED
    $1,898+
    2 BEDS
    $2,768+
    3 BEDS
    $4,231+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,875 - $4,208
    Required Monthly Fees$23
    Utilities & EssentialsVaries
    Total Monthly Price$1,898 - $4,231

    Carrick North Building

    5603 Manitou Rd, Tonka Bay, MN 55331
    (952) 314-6856
  3. Kitchen View and Living Area - Morse Manor
    1 Month Free
    1 Month Free
    1 BED
    $1,595
    Total Monthly Price Total Monthly Price New
    Base Rent$1,595 - $1,725
    Required Monthly FeesNone
    Total Monthly Price$1,595 - $1,725
         - 12 Month Lease

    Morse Manor

    246 Morse Ave, Excelsior, MN 55331
    (763) 230-0584
  4. Interior Photo - Christmas Lake Manor Apartments
    Exceptional Value
    1 BED
    $1,125+
    2 BEDS
    $1,305+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,125 - $1,560
    Required Monthly FeesNone
    Total Monthly Price$1,125 - $1,560
         - 12 Month Lease

    Christmas Lake Manor Apartments

    834-836 3rd Ave, Excelsior, MN 55331
    (763) 230-0695
  5. Building Photo - Bay Pointe Apartments
    1 BED
    $1,105
    Total Monthly Price Total Monthly Price New
    Base Rent$1,105
    Required Monthly FeesNone
    Total Monthly Price$1,105
         - 12 Month Lease

    Bay Pointe Apartments

    840-846 3rd Ave, Excelsior, MN 55331
    (763) 292-4550
  6. Building Photo - One West Drive
    Good Value
    STUDIO
    $1,950+
    1 BED
    $2,995+
    2 BEDS
    $3,950+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950 - $7,550
    Required Monthly FeesNone
    Total Monthly Price$1,950 - $7,550
         - 12 Month Lease

    One West Drive

    1 West Dr, Excelsior, MN 55331
  7. Building Photo - Shorewood Place Apartments
    2 BEDS
    $1,295
    Total Monthly Price Total Monthly Price New
    Base Rent$1,295
    Required Monthly FeesNone
    Total Monthly Price$1,295

    Shorewood Place Apartments

    5540 Cr-19, Shorewood, MN 55331
  9. Building Photo - 444 Lake St
    1 BED, 1 BATH
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950
         - 12 Month Lease

    444 Lake St Unit 2

    444 Lake St, Excelsior, MN 55331
    Apply
  10. Building Photo - 55 W Point Ave
    2 BEDS, 2 BATHS
    $8,000
    Total Monthly Price Total Monthly Price New
    Base Rent$8,000
    Required Monthly FeesNone
    Total Monthly Price$8,000

    55 W Point Ave

    55 W Point Ave, Excelsior, MN 55331
  11. Building Photo - 4471 Manitou Rd
    3 BEDS, 3 BATHS
    $4,400
    Total Monthly Price Total Monthly Price New
    Base Rent$4,400
    Required Monthly FeesNone
    Total Monthly Price$4,400

    4471 Manitou Rd

    4471 Manitou Rd, Excelsior, MN 55331
  12. 5 BEDS, 4 BATHS
    $4,600
    Total Monthly Price Total Monthly Price New
    Base Rent$4,600
    Required Monthly FeesNone
    Total Monthly Price$4,600

    6560 Shadow Ln

    6560 Shadow Ln, Chanhassen, MN 55317
  13. Building Photo - 4718 Cranesbill Rd
    3 BEDS, 2.5 BATHS
    $3,295
    Total Monthly Price Total Monthly Price New
    Base Rent$3,295
    Required Monthly FeesNone
    Total Monthly Price$3,295

    4718 Cranesbill Rd

    4718 Cranesbill Rd, Excelsior, MN 55331
  14. Building Photo - 603 Lake St
    1 BED, 1 BATH
    $2,625
    Total Monthly Price Total Monthly Price New
    Base Rent$2,625
    Required Monthly FeesNone
    Total Monthly Price$2,625

    603 Lake St Unit 107

    603 Lake St, Excelsior, MN 55331
  15. Building Photo - Greenwood Manor
    1 BED
    $1,499
    Total Monthly Price Total Monthly Price New
    Base Rent$1,499
    Required Monthly FeesNone
    Total Monthly Price$1,499

    Greenwood Manor

    5205 Greenwood Cir, Excelsior, MN 55331

Excelsior at a Glance

Average Rent

$1,270
(All bedrooms and property types)
Learn more about
Average Rent in Excelsior
9

School Rating

out of 10 Rating
Learn more about
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 School

Public Middle School

Public
Grades 6-8
1,297 Students
GreatSchools Rating
Excelsior Elementary School

Public Elementary School

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

Public Elementary School

Public
Grades K-5
880 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 $1,270.

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

The average rent for a studio apartment in Excelsior, MN is $1,107.

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 $1,270.

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 $1,872.

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 $2,161.

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