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603 Lake Street
603 Lake Street, Excelsior, MN 55331, USA

Condo for rent
Monthly rent
$2,625–$4,000
Beds1–2
Baths1–2
Sqft1,100–1,400
modified
Updated 5+ Days Ago

Units

603 Lake Street Excelsior, MN

Available

1 Bed, 1 Bath

1 Bed

1 Bath

$2,625

Listed on 08/04/2026
Listed by Spacious Main
Days on market: 54
Excelsior Bay Gables is a premier condominium complex located in the heart of Excelsior, MN, a charming lakeside town known for its vibrant community and unparalleled access to Lake Minnetonka. Nestled within a highly-desirable lakefront area, Excelsior Bay Gables offers residents the perfect blend of luxury, comfort, and convenience. This elegant complex boasts beautifully designed residences with modern finishes, open-concept layouts, and stunning views of the surrounding natural lakeside beauty. Many units feature private balconies or patios, allowing homeowners to soak in the serenity of lakefront living. The property is meticulously maintained, with lush landscaping and common areas that exude sophistication.

New Listing

2 Beds, 2 Baths

2 Beds

2 Baths

$4,000

Listed on 09/15/2026
Listed by Gables Condo For Rent! In the Heart of Excelsior!
Days on market: 12
Incredible Location, with an unobstructed view of Lake Minnetonka. Two Bedroom, two bathroom condo in the Gables of Excelsior. Corner unit with privacy and wrap around balcony. Two separate Living spaces - formal and informal. Spacious Master Bedroom with views of the lake, Large Master bathroom with walk in closet and shower. Guest bedroom also has window and good sized closet. Condo holds a pocket office, and full laundry room. Great storage throughout. As well as annex across the hallway. *A dock slip is available to use for the summer through the condo association for an additional fee.

Amenities for 603 Lake Street

Some units at this address have these amenities. View unit details for more information.

Building
  • Swimming Pool
  • Elevator
  • Storage
  • Outdoor Space
  • Fitness Center
  • On-Site Laundry
  • Garage Parking
  • On-Site Management
Unit Amenities
  • In-Unit Laundry
  • Microwave
  • Assigned Parking
  • Fireplace
  • Air Conditioning
  • Balcony
  • Fitness Center
  • Hot Tub
  • Walk-In Closets
  • On-Site Laundry

Policies at 603 Lake Street

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 603 Lake Street

HomeApartments in Excelsior 603 Lake St, Excelsior, MN 55331, USA

Interested in leasing 603 Lake Street, Excelsior, MN 55331, USA? Currently, 603 Lake Street, Excelsior, MN 55331, USA is available to rent or lease. It is a 2-bedroom condo with 2 bathrooms. Below, you can compare the rent price at 603 Lake Street, Excelsior, MN 55331, USA vs overall rent prices in Excelsior, MN. We have compiled nearby businesses and things to do close to 603 Lake Street, Excelsior, MN 55331, USA.

Address details

Units7
Units available2
City
Zip code55331

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 603 Lake Street, Excelsior, MN 55331, USA compares to other nearby properties.

Positives

More space
The 1-bedroom is 160 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.4 mile away
Elevator
Improved accessibility features
Extra Storage
Upgraded in-unit features
Fireplace
Upgraded in-unit features available
Images available
There are at least 10 photos of this address

Considerations

No in-unit dishwasher
Dishwashers aren't available
Pet restrictions
Pets aren't allowed at this location.

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Rent trends in Excelsior

1-bedroom apartments here are priced 67% higher than 1-bedrooms in Excelsior.

If you decide to upgrade your space, you can expect 2-bedrooms at 603 Lake St to be 211% more than the average for similarly sized apartments in Excelsior.

Median rents as of Sep 19 2026.
Excelsior
A table of studio rental data trends in Excelsior
MonthMedian Rent
March 2025$1,280
April 2025$1,018
May 2025$1,045
June 2025$1,085
July 2025$1,085
August 2025$1,085
September 2025$1,085
March 2026$1,145
April 2026$1,029
May 2026$1,040
September 2026$1,200

Affordability calculator

Can I afford to live at 603 Lake Street?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$105,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $105,000 annually to afford this 1-bedroom monthly rent price of $2,625.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 603 Lake St, Excelsior, MN.
6 months ago$4,5002 bed2 bath
2 years ago$2,5001 bed1.5 bath
2 years ago$4,2002 bed1 bath
4 years ago$3,9953 bed1 full bath 2 half bath
5 years ago$2,9952 bed1.5 bath
6 years ago$3,5002 bed2 full bath 2 half bath
6 years ago$3,5002 bed2.5 bath
8 years ago$3,1002 bed1 bath
8 years ago$3,1002 bed2 bath

Schools near 603 Lake St

Excelsior Elementary School

441 oak st

excelsior, MN, 55331

K-5Public
A

Deephaven Education Center

4584 vine hill rd

excelsior, MN, 55331

PKPublic

Tonka Online (K-5)

5621 county rd 101

minnetonka, MN, 55345

K-5Public
A+

Senops

1001 hwy 7

hopkins, MN, 55305

K-12Public

VirtualEDU ELementary

1001 hwy 7

hopkins, MN, 55305

K-6Public
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Getting around Excelsior near 603 Lake Street

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 603 Lake Street, Excelsior

Groceries

9/10
The nearest general grocery store is within a 5-minute walk, and there are also a few specialist food stores nearby.

Shopping

5/10
Some fashion stores are within walking distance.

Cafes

6/10
The closest café is within a 5-minute walk, and there are a few other cafés within walking distance.

Restaurants

5/10
Some restaurants are within walking distance.

Primary schools

8/10
At least one elementary school within a 5-to-10-minute walk.

High schools

1/10
There are no high schools within a 30-minute walk.

Parks

7/10
Few parks in the area.

Nightlife

4/10
The closest bar is within a 5-minute walk, and there are a few other bars within walking distance.

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