Average Rent in Excelsior, MN and Rent Price Trends

Rent trends in Excelsior, MN

Average rent prices in Excelsior have remained the same over the last month and have increased by 19% 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 $1,575, whereas a house costs $2,995. 1-bedroom apartments in Excelsior run $1,575 on average, while 2-bedroom apartments are $1,250.


Studio	$1,074	5%	11%
1 bedroom	$1,497	3%	5%
2 bedroom	$1,995	35%	42%
3 bedroom	$2,775	21%	13%
4 bedroom	$3,250	3%	30%


Apartments	$1,575	4%	No Change
Condos	$2,287	14%	-
Houses	$2,995	21%	No Change
Rooms	$1,350	-	-

Studio

Average rent

$1,074

Last 30 days

Last year

11%

1 bedroom

Average rent

$1,497

Last 30 days

Last year

2 bedroom

Average rent

$1,995

Last 30 days

35%

Last year

42%

3 bedroom

Average rent

$2,775

Last 30 days

21%

Last year

13%

4 bedroom

Average rent

$3,250

Last 30 days

Last year

30%

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$1,575

17%

lower than the national median

Median rent price$1,700

11%

lower than the national median

Takeaway

The median rent for all rentals in Excelsior, MN is 7% lower than the median rent in Buffalo, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,700

$2,110

$1,850

$1,850

$1,731

$1,735

$2,195

$1,995

$1,519

$1,825

$1,995

$1,997

Discover rentals in Excelsior, MN

Excelsior Lake Apartments - Photo 1 of 1

2d ago

9.2

Excellent

Verified

Excelsior Lake Apartments

500 Linden St, Excelsior, MN 55331

1 bed

1 bath

$995

Call

3d ago

9.4

Excellent

Verified

Tonkaway Apartments

818 3rd Ave, Excelsior, MN 55331

2 beds

1 bath

$1,250

Call

2d ago

Apartment for rent in Excelsior

3 Floor Apartment in the Heart of Excelsior with Private, Secluded Patio

301 And2Nd St. #1, Excelsior, MN 55331

2 beds

1 bath

$2,100

5d+ ago

House for rent in Excelsior

3921 Minnewashta Ct, Excelsior, MN 55331

3 beds

2 baths

$2,600

5d+ ago

Townhouse for rent in Excelsior

Beautiful 3 Bedroom Villa Home for Rent in Woodland Cove, Minnetrista

4718 Cranesbill Rd, Excelsior, MN 55331

3 beds

2.5 baths

$3,295

$2,995

Price drop

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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 $1,575 per month as of September 26, 2026.

Is rent up or down in Excelsior?

Average rent prices in Excelsior have remained the same over the last month and have increased by 19% since last year.

How does Excelsior rent compare to the national average?

Rent in Excelsior is 17% below the national average, which means renters are paying approximately $325 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 $63,000/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).