What's the average rent in Excelsior, MN?
Rental Market Trends in Excelsior, MN
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Excelsior, MN is $3,500 per month, which is 83% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$3,500
0.0%No change month over month
70.8%$1,450 increase year-over-year
AVAILABLE RENTALS
12
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Excelsior, MN at $1,507 per month, while townhomes are the most expensive at $7,750 per month. Houses average $4,000 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,195 |
| 3 Bedrooms | $3,500 |
| 4 Bedrooms | $7,089 |
| All | $3,500 |
As of May 2026, the average rent for a 2 bedroom rental in Excelsior, MN is $2,195 per month, followed by $3,500 for a 3 bedroom rental, and $7,089 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $7,750 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $7,750 |
As of May 2026, the average rent for a 2 bedroom townhome in Excelsior, MN is $7,750 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,375 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,095 |
As of May 2026, the average rent for a 2 bedroom apartment in Excelsior, MN is $1,375 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,500 |
| 4 Bedrooms | $7,089 |
| All | $4,633 |
As of May 2026, the average rent for a 3 bedroom house in Excelsior, MN is $3,500 per month, followed by $7,089 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -17% compared to the previous year, which is a $700 decrease.
This year (2026)
Last year (2025)
Rent distribution
25% of rentals have rent of $3,000-$3,799/month
Rental price range
The price range for rentals is $825 to $9,500.
