What's the average rent in Excelsior, MN?
Rental Market Trends in Excelsior, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Excelsior, MN is $2,900 per month, which is 48% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,900
18.4%$450 increase month-over-month
3.6%$100 increase year-over-year
AVAILABLE RENTALS
12
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, houses are the most affordable rental option in Excelsior, MN at $2,900 per month, while townhomes are the most expensive at $7,550 per month. Apartments average $3,000 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,225 |
| 2 Bedrooms | $4,500 |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | — |
| All | $2,900 |
As of August 2026, the average rent for a 1 bedroom rental in Excelsior, MN is $1,225 per month, followed by $4,500 for a 2 bedroom rental, and $2,900 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $7,550 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $7,550 |
As of August 2026, the average rent for a 2 bedroom townhome in Excelsior, MN is $7,550 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,150 |
| 2 Bedrooms | $4,000 |
| 3 Bedrooms | $4,500 |
| 4 Bedrooms | — |
| All | $4,000 |
As of August 2026, the average rent for a 1 bedroom apartment in Excelsior, MN is $2,150 per month, followed by $4,000 for a 2 bedroom apartment, and $4,500 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | — |
| All | $2,900 |
As of August 2026, the average rent for a 3 bedroom house in Excelsior, MN is $2,900 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +43% compared to the previous year, which is a +$1,200 increase.
This year (2026)
Last year (2025)
Rent distribution
47% of rentals have rent of $3,800-$4,999/month
Rental price range
The price range for rentals is $1,595 to $7,550.
