Last updated on November 11, 2026

Average rent in
Excelsior, MN

Median rent

Median rent in Excelsior

$1,537/mo

increased by24%

vs previous year

The average rent in Excelsior is $1,537 per month as of November 2026. This is 19% below the national average rent, or $362 less per month.

$1.37

average price per square foot

Total rentals

Available rentals in Excelsior

12

for rent on Zumper.com as of November 2026

Rent price distribution

Share of Excelsior rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Excelsior, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Excelsior, MN

Average rent prices in Excelsior have decreased by 5% over the last month and have increased by 24% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Excelsior, MN

Rent prices in Excelsior vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Excelsior is $1,447, whereas a house costs $2,995. 1-bedroom apartments in Excelsior run $1,499 on average, while 2-bedroom apartments are $1,511.

Listings

Studio

$1,157

18%

2%

1 bedroom

$1,499

2%

31%

2 bedroom

$1,680

No Change

28%

3 bedroom

$2,649

No Change

33%

4 bedroom

$3,495

56%

-

Studio

Average rent

$1,157

Last 30 days

18%

Last year

2%

1 bedroom

Average rent

$1,499

Last 30 days

2%

Last year

31%

2 bedroom

Average rent

$1,680

Last 30 days

No Change

Last year

28%

3 bedroom

Average rent

$2,649

Last year

33%

4 bedroom

Average rent

$3,495

Last 30 days

56%

At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Excelsior, MN.

Apartments

Average rent

$1,447

Last 30 days

4%

Last year

15%

Condos

Average rent

$2,150

Last 30 days

1%

Houses

Average rent

$2,995

Last year

121%

The table above reflects average rent prices in Excelsior, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Excelsior, MN compare to other cities?

Compare median rent prices in Excelsior and Buffalo by all bedroom counts and property types.

Excelsior

Median rent price$1,537
decreased by19%

lower than the national median

Median rent price$1,644
decreased by13%

lower than the national median

Takeaway

The median rent for all rentals in Excelsior, MN is 6% lower than the median rent in Buffalo, MN.

Discover rentals in Excelsior, MN

Tonka Villa Apartments - Photo 1 of 1

1d ago

8.3

Very good

Tonka Villa Apartments

411 Division St, Excelsior, MN 55331

1 bed

1 bath

$995

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Bay Pointe Apartments - Photo 1 of 1
Rent special

1d ago

9.9

Excellent

Our team has verified this company

Verified

Bay Pointe Apartments

840 3rd Ave, Excelsior, MN 55331

1–2 beds

1 bath

$1,105–$1,415

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Tonkaway Apartments - Photo 1 of 1

5d+ ago

9.7

Excellent

Our team has verified this company

Verified

Tonkaway Apartments

818 3rd Ave, Excelsior, MN 55331

2 beds

1 bath

$1,250

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

1770 Pheasant Cir - Photo 1 of 1

5d+ ago

House for rent in Excelsior

4 beds

3 baths

$2,845

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
603 Lake St - Photo 1 of 1

5d+ ago

Condo for rent in Excelsior

2 beds

2 baths

$4,000

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
603 Lake St #107 - Photo 1 of 1

5d+ ago

Condo for rent in Excelsior

Residential Lease, Excelsior, MN

603 Lake St #107, Excelsior, MN 55331

1 bed

1.5 baths

$2,350

Price dropped $350Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Excelsior Shores - Photo 1 of 1

4d ago

9.6

Excellent

Our team has verified this company

Verified

Excelsior Shores

322 Lake St, Excelsior, MN 55331

Studio–1 bed

1 bath

$1,645–$1,917

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

244 Morse Manor Apartments - Photo 1 of 1

2h ago

8.3

Very good

244 Morse Manor Apartments

246 Morse Ave, Excelsior, MN 55331

1 bed

1 bath

$1,595

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Bay Pointe Apartments - Photo 1 of 1
Rent special

1d ago

9.9

Excellent

Our team has verified this company

Verified

Bay Pointe Apartments

840 3rd Ave, Excelsior, MN 55331

1–2 beds

1 bath

$1,105–$1,415

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Excelsior Lake Apartments - Photo 1 of 1

1d ago

Our team has verified this company

Verified

Excelsior Lake Apartments

500 Linden St, Excelsior, MN 55331

1 bed

1 bath

$1,240

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Excelsior Shores - Photo 1 of 1

4d ago

9.6

Excellent

Our team has verified this company

Verified

Excelsior Shores

322 Lake St, Excelsior, MN 55331

Studio–1 bed

1 bath

$1,645–$1,917

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Tonkaway Apartments - Photo 1 of 1

5d+ ago

9.7

Excellent

Our team has verified this company

Verified

Tonkaway Apartments

818 3rd Ave, Excelsior, MN 55331

2 beds

1 bath

$1,250

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Bay Pointe Apartments - Photo 1 of 1
Rent special

1d ago

9.9

Excellent

Our team has verified this company

Verified

Bay Pointe Apartments

840 3rd Ave, Excelsior, MN 55331

1–2 beds

1 bath

$1,105–$1,415

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Tonkaway Apartments - Photo 1 of 1

5d+ ago

9.7

Excellent

Our team has verified this company

Verified

Tonkaway Apartments

818 3rd Ave, Excelsior, MN 55331

2 beds

1 bath

$1,250

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Excelsior Shores - Photo 1 of 1

4d ago

9.6

Excellent

Our team has verified this company

Verified

Excelsior Shores

322 Lake St, Excelsior, MN 55331

Studio–1 bed

1 bath

$1,645–$1,917

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

500 2nd St #B4 - Photo 1 of 1

5d+ ago

Apartment for rent in Excelsior

Studio Apartment in Excelsior

500 2nd St #B4, Excelsior, MN 55331

Studio

1 bath

$1,055

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Bay Pointe Apartments - Photo 1 of 1
Rent special

1d ago

9.9

Excellent

Our team has verified this company

Verified

Bay Pointe Apartments

840 3rd Ave, Excelsior, MN 55331

1–2 beds

1 bath

$1,105–$1,415

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

Excelsior Lake Apartments - Photo 1 of 1

1d ago

Our team has verified this company

Verified

Excelsior Lake Apartments

500 Linden St, Excelsior, MN 55331

1 bed

1 bath

$1,240

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

301 And2Nd St. #9 - Photo 1 of 1

5d+ ago

Apartment for rent in Excelsior

1 bed

1 bath

$1,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
603 Lake St #107 - Photo 1 of 1

5d+ ago

Condo for rent in Excelsior

Residential Lease, Excelsior, MN

603 Lake St #107, Excelsior, MN 55331

1 bed

1.5 baths

$2,350

Price dropped $350Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Excelsior, MN

Quick answers to common questions about the Excelsior rental market.

How much is rent in Excelsior?

The average rent in Excelsior is $1,537 per month as of November 7, 2026.

Is rent up or down in Excelsior?

Average rent prices in Excelsior have decreased by 5% over the last month and have increased by 24% since last year.

How does Excelsior rent compare to the national average?

Rent in Excelsior is 19% below the national average, which means renters are paying approximately $362 less per month.

What salary do I need to afford rent in Excelsior?

To comfortably afford rent in Excelsior, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).