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Apartments for Rent in Excelsior, MN

Average rent

$1,452
increased by27%

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Tonkaway Apartments - Photo 1 of 1

5h ago

9.7

Excellent

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Tonkaway Apartments

818 3rd Ave, Excelsior, MN 55331

Air conditioning | On-site laundry | Central heat

2 beds

1 bath

$1,275–$1,480

Apartment for rent

Embrace Lake Living with Spacious Comforts

Tonkaway Apartments presents spacious two-bedroom homes in a peaceful community, just a short walk from Lake Minnetonka. Enjoy large screened porches, air conditioning, and modern amenities. The vibrant town of Excelsior hosts year-round festivals, delightful shops, and restaurants, alongside beautiful lakes, parks, and scenic hiking trails. Experience the best of laketown living right at your doorstep!

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Bay Pointe Apartments - Photo 1 of 1

1d ago

9.9

Excellent

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Verified

Bay Pointe Apartments

840 3rd Ave, Excelsior, MN 55331

Air conditioning | Garage parking | On-site laundry

1–2 beds

1 bath

$1,155–$1,515

Apartment for rent

Lakeside Living with Comfort & Convenience

Residents of Bay Pointe Apartments enjoy a serene suburban lifestyle close to Lake Minnetonka and Christmas Lake. This cat-friendly community features spacious apartments with private balconies, large closets, and convenient laundry facilities. Enjoy outdoor gatherings in the large courtyard with BBQ grills. With garages available and easy access to the MTC Bus Line, this community combines comfort and convenience in a picturesque setting just minutes from downtown Excelsior.

Summary of resident reviews

Residents appreciate the modern amenities and beautiful hardwood floors at Bay Pointe Apartments, often highlighting how cozy and comfortable their homes feel. Many enjoy the quiet atmosphere and find the community lovely. However, there may be occasional delays in responding to non-urgent maintenance requests, although issues are typically resolved after follow-ups.

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Excelsior Shores - Photo 1 of 1

5d+ ago

8.4

Very good

Our team has verified this company

Verified

Excelsior Shores

322 Lake St, Excelsior, MN 55331

In-unit laundry | Elevator | Roof deck

1 bed

1 bath

$2,469

Apartment for rent

Lakeside Living with Upscale Urban Charm

Located in downtown Excelsior, Excelsior Shores offers a harmonious blend of sophistication and nature by Lake Minnetonka. These stylish apartments feature upscale finishes and modern amenities. Enjoy easy access to gourmet dining, quaint boutiques, and convenient transportation, all within a welcoming community. Experience refined living at its finest.

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Excelsior Manor Apartments - Photo 1 of 1

1d ago

8.6

Very good

Excelsior Manor Apartments

838 3rd Ave, Excelsior, MN 55331

Air conditioning | Central heat | Elevator

1–2 beds

1 bath

$1,155–$1,425

Apartment for rent

Lake-Loving Serenity with Unique Specials

Residents of Excelsior Manor Apartments enjoy the charm of suburban lakeside living. This inviting community features a private balcony, an exercise room, and a large courtyard for outdoor BBQs. Conveniently located within walking distance to Lake Minnetonka and Christmas Lake, it's perfect for those who appreciate nature. Enjoy added perks like waived application fees and a free month with a 12-month lease. A smoke-free environment with large closets and laundry facilities enhances comfort.

244 Morse Manor Apartments - Photo 1 of 1

4d ago

8.3

Very good

244 Morse Manor Apartments

246 Morse Ave, Excelsior, MN 55331

Central heat | Dishwasher

1–2 beds

1 bath

$1,525–$2,200

Apartment for rent

Renovated Elegance Near Lake Minnetonka

Nestled in Excelsior Village, enjoy modern living with custom kitchen and bathroom cabinets, new wood floors, and Pella windows. Steps from downtown Excelsior, Lake Minnetonka, and the beach. Entertain on the patio with a gas fire pit and Weber grill. High-speed Wi-Fi and security cameras ensure convenience and peace of mind. A beautifully redone living experience awaits.

Excelsior Lake Apartments - Photo 1 of 1

5d+ ago

8.8

Very good

Excelsior Lake Apartments

500 Linden St, Excelsior, MN 55331

Garage parking | On-site laundry | Central heat

1–2 beds

1 bath

$1,095–$1,345

Apartment for rent

Scenic Lakeside Living with Pet-Friendly Perks

Located in a charming community, Excelsior Lake Apartments offers one and two-bedroom homes surrounded by beautiful Lake Galpin. Residents enjoy laundry facilities, additional storage, and garages, all nestled off Highway 7. A large dog run area and multiple pet stations provide pet-friendly convenience. With parks, beaches, and scenic trails just a stroll away, this quiet retreat is perfect for nature lovers and those seeking a peaceful lifestyle.

Nearby rental good for pet owners

Nearby rental good for eco-living

5580 Shorewood Ln - Photo 1 of 1

5d+ ago

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Verified

5580 Shorewood Ln, Excelsior, MN 55331

In-unit laundry | Air conditioning | On-site laundry

3 beds

1 bath

$1,995

Apartment for rent

Charming Twin Home with Private Backyard Retreat

This inviting 3-bedroom, 1.5-bath twin home boasts fresh paint and new carpeting throughout. Enjoy an open kitchen and family room with a cozy wood-burning fireplace. Two bedrooms and a full bath are on the upper level, while the third bedroom features a half bath and laundry on the ground floor. A huge private backyard is perfect for outdoor enjoyment. Conveniently located near shopping, biking, and walking paths, this pet-friendly home is ready for immediate occupancy!

32 Woodpecker Ridge Rd - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

32 Woodpecker Ridge Rd, Excelsior, MN 55331

In-unit laundry | Air conditioning | Garage parking

3 beds

1 bath

$1,850

Apartment for rent

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DMR Apartments - Photo 1 of 1
Highly rated

5d+ ago

8.6

Very good

DMR Apartments

832 3rd Ave, Excelsior, MN 55331

Air conditioning | On-site laundry | Central heat

1 bed

1 bath

$1,305

Apartment for rent

Spacious Living Near Scenic Lake Minnetonka

DMR Apartments offer large studio, one, and two-bedroom homes in a tranquil community, just blocks from Hwy 7. Enjoy spacious patios, balconies, and additional storage. Residents can relax by the beautiful outdoor pool, stay fit in the fitness center, or unwind in the park area. With laundry facilities on every floor and garages available, convenience meets comfort. Embrace a relaxed atmosphere with scenic trails and wildlife, all while being minutes from city life!

Summary of resident reviews

Residents appreciate the beautiful area and friendly community at DMR Apartments, highlighting its scenic location near the lake and downtown Excelsior. Some enjoy the unique character of the apartments, especially the cat-friendly policy. However, opinions vary on maintenance and renovation needs, with some noting issues with cigarette odor and parking difficulties.

175 3rd St - Photo 1 of 1

5d+ ago

House for rent in Excelsior

Recently Remodeled 4/4 in Desirable Excelsior

175 3rd St, Excelsior, MN 55331

4 beds

4 baths

$4,800

House for rent

Available Jan 15

Chic Excelsior Home with Modern Upgrades

This spacious 4-bedroom, 4-bathroom home offers modern living with new bathrooms and a stunning kitchen, all featuring laminate flooring. Nestled among luxury homes, it’s just a stroll away from the beach, shops, bars, and restaurants in downtown Excelsior. Enjoy the convenience of a two-car garage and a large yard with a deck, all within the highly desirable Minnetonka school district. Perfect for families and those seeking vibrant community life!

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Air Conditioning

Outdoor Space

On-Site Laundry

Central Heat

603 Lake St - Photo 1 of 1

5d+ ago

Condo for rent in Excelsior

603 Lake St, Excelsior, MN 55331

In-unit laundry | Air conditioning | Balcony

2 beds

1 bath

$4,500

Condo for rent

Stunning Lakeside Condo with Wrap-Around Balcony

This two-bedroom, two-bathroom corner condo offers unparalleled views of Lake Minnetonka along with privacy and charm. Enjoy large living spaces, a spacious master suite with a walk-in closet, and a versatile pocket office. The wrap-around balcony is perfect for soaking in the scenery. Great storage options, full laundry room, and an additional dock slip available for summer fun make this condo an ideal lakeside retreat.

Hunters Ridge Apartments - Photo 1 of 1

3d ago

8.8

Very good

Hunters Ridge Apartments

19000 Stratford Rd, Minnetonka, MN 55345

Air conditioning | On-site laundry | Balcony

1–2 beds

1 bath

$1,230–$1,595

Apartment for rent

Stratford Wood - Photo 1 of 1

2h ago

8.8

Very good

Stratford Wood

18900 Stratford Rd, Minnetonka, MN 55345

In-unit laundry | Garage parking | Balcony

Studio–3 beds

1–2 baths

$1,061–$2,574

Price drop

Apartment for rent

25200 Yellowstone Trl - Photo 1 of 1

5d+ ago

House for rent in Shorewood

(SF) Single Family - Shorewood, MN

25200 Yellowstone Trl, Shorewood, MN 55331

In-unit laundry | Garage parking

5 beds

3 baths

$5,000

House for rent

Heritage Park Apartments - Photo 1 of 1
Rent special

1h ago

9.6

Excellent

Our team has verified this company

Verified

Heritage Park Apartments

425 Chan Vw, Chanhassen, MN 55317

In-unit laundry | Air conditioning | Garage parking

1–2 beds

1–2 baths

$1,535–$1,980

Apartment for rent

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Chanhassen Village - Photo 1 of 1

4d ago

9.3

Excellent

Our team has verified this company

Verified

Chanhassen Village

7721 Chanhassen Rd, Chanhassen, MN 55317

Air conditioning | Garage parking | On-site laundry

2 beds

1 bath

$1,435–$1,590

Apartment for rent

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Find sweet deals near Excelsior

These rentals are 10%-30% cheaper than the local average price for similar rentals.

Sterling Ponds Apartments - Photo 1 of 1
Highly rated

13h ago

9.6

Excellent

Our team has verified this company

Verified

Sterling Ponds Apartments

16315 Wagner Way, Eden Prairie, MN 55344

In-unit laundry | Air conditioning | Garage parking

1–2 beds

1–2 baths

$1,320–$1,975

Apartment for rent

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Minnetonka Edgewater - Photo 1 of 1
Highly rated

8h ago

7.9

Very good

Minnetonka Edgewater

4177 Shoreline Dr, Spring Park, MN 55384

Central heat

1 bed

1 bath

$1,625–$1,695

Apartment for rent

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Dockside Apartments on Lake Minnetonka - Photo 1 of 1

3d ago

8.4

Very good

Dockside Apartments on Lake Minnetonka

2450 Island Dr, Spring Park, MN 55384

Air conditioning | On-site laundry | Balcony

1–2 beds

1 bath

$1,095–$1,495

Apartment for rent

7323 Paulsen Dr - Photo 1 of 1

1d ago

Our team has verified this company

Verified

7323 Paulsen Dr Eden Prairie, MN 55346

7323 Paulsen Dr, Eden Prairie, MN 55346

Garage parking | Fireplace

4 beds

3 baths

$3,020

House for rent

Available Dec 23

5801 Covington Terrace - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

5801 Covington Terrace, Minnetonka, MN 55345

In-unit laundry | Air conditioning | Balcony

4 beds

2 baths

$3,450

House for rent

Available Feb 2

Listings within 10 miles
The Ellie - Photo 1 of 1

6h ago

9.6

Excellent

Our team has verified this company

Verified

The Ellie

8075 Eden Prairie Rd, Eden Prairie, MN 55347

In-unit laundry | Air conditioning | Garage parking

Studio–2 beds

1–2 baths

$1,099–$3,951

Apartment for rent

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2017 Commerce Blvd - Photo 1 of 1

4d ago

8.8

Very good

2017 Commerce Blvd

2017 Commerce Blvd, Mound, MN 55364

Furnished | On-site laundry | Assigned parking

1 bed

1 bath

$1,095–$1,195

Apartment for rent

Harbor District Apartments - Photo 1 of 1

4d ago

8.3

Very good

Harbor District Apartments

2360 Commerce Blvd, Mound, MN 55364

In-unit laundry | Central heat | Dishwasher

1–2 beds

1 bath

$1,425–$1,825

Apartment for rent

4933 Crestview Rd - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

4933 Crestview Rd, Mound, MN 55364

In-unit laundry | Air conditioning | Central heat

4 beds

2 baths

$3,300

House for rent

Showing 1 - 25 of 25 results
Home > Apartments in Excelsior
Updated: February 4, 2026

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Learn more about renting in Excelsior, MN

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Local insights: What it's like to live in Excelsior, MN

Excelsior, MN, is often appreciated for its picturesque lakeside setting and charming downtown area, making it a pleasant environment for outdoor enthusiasts. Residents frequently mention the local events and festivals that bring a lively atmosphere, as well as the abundance of shops and restaurants within walking distance. However, some locals express frustration with the limited public transportation options and rising housing costs, which can be a concern for renters seeking affordability in the area.

How much is the average rent in Excelsior, MN for 1-bedroom and 2-bedroom apartments?

The average rent for a 1-bedroom apartment in Excelsior, MN is $1,363, while a 2-bedroom apartment costs around $1,290.

When is the best time to look for an apartment in Excelsior, MN?

The best time to look for an apartment is not specified, but generally, late spring and early summer are popular times for moving, potentially offering more options.

Are there pet-friendly apartments in Excelsior, MN?

Yes, there are pet-friendly apartments in Excelsior, MN, with 83.59% of the listings being pet-friendly.

Methodology: How we got this data

Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.

Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.

Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.

Looking for apartments in Excelsior, MN near you?

🔑Available apartment rentals25
💰Best rent deal18900 Stratford Rd
Popular amenities, ,
🍽With dishwasher
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