Cheap Apartments for Rent in Excelsior, MN from $800 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Excelsior.

close
View Me
Excelsior Lake
1 to 2 Bedroom Apartments

Excelsior Lake

500-520 Linden StExcelsior, MN 55331
  • Utilities Included
close
View Me
Tonkaway Apartments
2 Bedroom Apartments

Tonkaway Apartments

818 Third AveExcelsior, MN 55331
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
Lake Jonathan Flats
$1,383 - $2,003
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,375 - $1,995
Required Monthly Fees
$8
Total Monthly Price
$1,383 - $2,003
Studio to 2 Bedroom Apartments Available Now

Lake Jonathan Flats

3000 N Chestnut StChaska, MN 55318
Outdoors
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour
close
View Me
The Ellie
Rent Specials
$1,434 - $3,380
Total Monthly Price

Total Monthly Price

Base Rent
$1,359 - $3,305
Required Monthly Fees
$75
Total Monthly Price
$1,434 - $3,380
Studio to 2 Bedroom Apartments Available Now

The Ellie

8075 Eden Prairie RdEden Prairie, MN 55347
Affordability
  • Verified
  • Customer Reviewed
close
View Me
Venue
Rent Specials
$1,477 - $3,445
Total Monthly Price

Total Monthly Price

Base Rent
$1,472 - $3,440
Required Monthly Fees
$5
Total Monthly Price
$1,477 - $3,445
Studio to 3 Bedroom Apartments Available Now

Venue

541 W 78th StChanhassen, MN 55317
  • Verified
  • Customer Reviewed
  • Matterport 3D Tour

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Showing Results 1-33, Page 1 of 1

Excelsior, MN Local Guide

Cheapest Available Excelsior Apartments for Rent and Nearby

 

The cheapest available apartment rental in Excelsior, MN is a 2 Beds unit found at Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,059. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,080. Here is today’s list of the most affordable Excelsior apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Stratford WoodTimberland1BR,1BA$1,102
Hunters RidgeCrystalStudio,1BA$1,105
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,120
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1,150
Minnetonka EdgewaterNewly Renovated StudioStudio,1BA$1,150
Chanhassen Village2BR 1BA2BR,1BA$1,280
Sterling Ponds ApartmentsSenior 1A1BR,1BA$1,320
Harbor District ApartmentsOne Bedroom One Bath1BR,1BA$1,350

Best Value Apartments for Rent in Excelsior, MN and Nearby

As of September 09, 2025 the best value apartment in the Excelsior area is the $1.74 price per square foot 2 Bed 2 Bath Model at The Mist on Lake Minnetonka in the in the Outlying Hennepin Far Western Suburbs neighborhood starting from $3,260. The second greatest value Excelsior apartment is the Windsor Model at Saddlewood Park Townhomes starting at $2,350 with a $1.64 price per square foot in the Glen Lake neighborhood. Here is today’s list of the best values for Excelsior apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Mist on Lake Minnetonka2 Bed 2 Bath2BR,2BA$1.74
Saddlewood Park TownhomesWindsor3BR,2.5BA$1.64
Lake Hazeltine Woods1A1BR,1BA$1.67
Gateway Place Apartments2BR2BR,1BA$1.26
Chanhassen Village2BR 1BA2BR,1BA$1.34
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
Harbor District ApartmentsOne Bedroom One Bath1BR,1BA$1.61
Shoreline Place2 bed / 1 ba (updated)2BR,1BA$1.60
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.60
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Excelsior, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Excelsior, MN

View Map
Excelsior, MN Apartments Map
View Map
Excelsior, MN Rental Homes Map

Getting Around Excelsior, MN

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Excelsior Apartments

What is the Cheapest Studio apartment in Excelsior?

Currently the most affordable Cheap Studio Apartment in Excelsior is at Hunters Ridge listed at $1,105.

How much is rent for a Cheap One Bedroom Excelsior Apartment?

The lowest price for a Cheap One Bedroom Excelsior Apartment is $1,080 at Christmas Lake Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Excelsior Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Excelsior is starting from $1,059 at Shoreline Place.

What is the most affordable Excelsior Three Bedroom Apartment?

The best deal on a cheap Excelsior Three Bedroom Apartment rental is at Lake Susan Apartments and starts from $2,152.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.