Cheap Apartments for Rent in Excelsior, MN

10 rentals

Apartments For Rent Near Excelsior, MN

We found 30 more apartments matching your filters just outside Excelsior

Average Rent Trends in Excelsior, MN

Rent in Excelsior, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Sep 2025$2,500
Oct 2025$2,399
Nov 2025$2,350
Dec 2025$2,800
Jan 2026$6,000
Feb 2026$4,000
Mar 2026$2,057
Apr 2026$3,500
May 2026$3,500
Jun 2026$2,750
Jul 2026$2,041
Aug 2026$4,000
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Average Rent By Bedroom and Home Type

In August 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,225$4,500$2,900—$2,900
Townhomes—$7,550——$7,550
Apartments and Condos$2,150$4,000$4,500—$4,000
Houses——$2,900—$2,900

Frequently Asked Questions about Rentals in Excelsior, MN

  • What is the average rent of an apartment in Excelsior, MN?
    The average rent of an apartment in Excelsior, MN is $3,000 per month. This is about 53% higher than the national average.
  • When is the average rent cheapest in Excelsior, MN?
    In the last year, the average rent in Excelsior, MN was lowest in May 2025 when it was $2,118 per month.
  • When is the average rent most expensive in Excelsior, MN?
    In the last year, the average rent in Excelsior, MN was highest in Apr 2025 when it was $4,200 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Excelsior, MN?
    The average rent of a 1 bedroom apartment in Excelsior, MN is $1,225 per month. That is about $719 less than the cost of a studio apartment.
  • How many available rental listings are in Excelsior, MN?
    There are 12 available rental listings in Excelsior, MN.
  • What are some cities near Excelsior, MN?
    Some nearby cities include: Greenwood, Shorewood, Tonka Bay, Chanhassen, Deephaven. These cities may have more rental options to explore.