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modified
4 Hours Ago

Location

421 Division Street, Excelsior, Minnesota 55331, United States
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Contact

Management

Marathon Management

Leasing office

(952) 474-2171

Property Overview

Tonka Manor features a well-cared-for, quiet community and receives an impressive Zumper expert rating of 8.5 out of 10. It excels in price, amenities, and location, with respective ratings of 10, 9, and 9, indicating a strong balance of value, desirable features, and convenience. Additionally, its transparency in property management further enhances its appeal, while the nearby public transport and pet-friendly environment add to its advantages for potential renters.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • High school nearby

Great for

  • Pet owners

Floor plans

Studio/1baStudio1 bath600 sqft$725 /mo1 unit availableCurrent Specials: -Look and lease: We will waive the $50 application fee when you apply within 48 hours of your initial showing!! -$600 deposit on approved credit (Regularly one month's rent) -One month FREE with a 12 month lease!! Tonka Manor is just off of Highway 7. A short walk to downtown Excelsior and Lake Minnetonka. Our Apartment Homes are cozy and bright. In a quiet, well cared for community. Experience Laketown living at its best in historic Excelsior, with year-round festivals and events. Explore delightful specialty shops, antique shops, and restaurants downtown. there are beautiful lakes, parks, beaches and scenic hiking trails. This is all within walking distance to your new home at Tonka Manor Apartments.

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Amenities for Tonka Manor

Apartment Amenities

Central HeatHeating

Building

Cats OKOnsite Laundry
Water/Sewer

Grounds

Off-Street ParkingStorage

Services

Rubbish Removal
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units14
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About Tonka Manor

HomeApartments in Excelsior Tonka Manor

Current Specials: -Look and lease: We will waive the $50 application fee when you apply within 48 hours of your initial showing!! -$600 deposit on approved credit (Regularly one month's rent) -One month FREE with a 12 month lease!! Tonka Manor is just off of Highway 7. A short walk to downtown Excelsior and Lake Minnetonka. Our Apartment Homes are cozy and bright. In a quiet, well cared for community. Experience Laketown living at its best in historic Excelsior, with year-round festivals and events. Explore delightful specialty shops, antique shops, and restaurants downtown. there are beautiful lakes, parks, beaches and scenic hiking trails. This is all within walking distance to your new home at Tonka Manor Apartments.


Tonka Manor is great for:

Pet owners

  • 3 pet supply stores near the property
  • 1 pet hospital in the area

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 Tonka Manor compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 1 mile away
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away
Images Available
There are at least 10 photos of this address

Considerations

Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Excelsior

studio apartments at Tonka Manor cost about 33% less than the average rent price for studio apartments in Excelsior.

Median rents as of Sep 21 2025.
Excelsior
A table of studio rental data trends in Excelsior
MonthMedian Rent
February 2024$999
March 2024$1,005
April 2024$1,005
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

Affordability calculator

Can I afford to live at 421 Division Street?

Bedrooms

Studio

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

$29,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $29,000 annually to afford this studio monthly rent price of $725.
For more information on rent affordability, visit our rent calculator.

Schools near Tonka Manor

Excelsior Elementary School

441 oak st

excelsior, MN, 55331

K-5Public
A

Deephaven Education Center

4584 vine hill rd

excelsior, MN, 55331

PKPublic
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Internet available near Tonka Manor

Getting around Excelsior near 421 Division Street

Walking

4/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 421 Division Street, Excelsior

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

1/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 421 Division Street

Greenwood Market
21380 Highway 7
Lakeshore Market & More Inc
481 2nd St
Kowalski's Markets
440 Water St
Cub
23800 Highway 7
Lunds & Byerlys
800 W 78th St

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