
Cheap Apartments for Rent in Excelsior, MN from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Excelsior.


Christmas Lake Manor Apartments

Morse Manor

Excelsior Lake

Excelsior Manor Apartments

Tonkaway Apartments

Greenwood Manor

Bayview Apartments

Solace on Lake Minnetonka
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.

Shoreline Place

Total Monthly Price
Hunters Ridge

Total Monthly Price
Dockside Apartments on Lake Minnetonka

Langdon Lake Apartments

Chanhassen Village

Highcroft Manor Apartments Located in Wayzata, MN

Total Monthly Price
Oaks Glen Lake Apartments

Gateway Place Apartments

Shorewood Place Apartments
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.

Sterling Ponds Apartments

Venue on 78th

Harbor District Apartments

Lake Jonathan Flats

THE PLAZA at Hazeltine Apartments

Highland Shores Apartments

Total Monthly Price
Hazeltine Shores

Heritage Park Apartments

Springs at McKnight Lake
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

941 11th Ave S

810 9th Ave S

Stratford Wood

946 Westbrooke Way

4407 Wilshire Blvd

805 Smetana Rd

814 Old Settlers Trail

533 Maple Square

Quail Ridge Apartments
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
Excelsior, MN Local Guide

How much does it cost to rent an apartment in Excelsior?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Excelsior Studio Apartments | $1,429 | $1,000 | $1,707 |
| Excelsior 1 Bedroom Apartments | $1,655 | $1,050 | $2,812 |
| Excelsior 2 Bedroom Apartments | $2,227 | $1,059 | $8,950 |
| Excelsior 3 Bedroom Apartments | $3,367 | $1,350 | $9,250 |
Browse Top Apartments in Excelsior
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Excelsior, MN Local Guide
- Excelsior Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Excelsior Apartments for Rent and Nearby
 The cheapest available apartment rental in Excelsior, MN is a Studio unit found at Excelsior Manor Apartments in the Pinehurst neighborhood priced from $995. Bay Pointe Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,055. Here is today’s list of the most affordable Excelsior apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Excelsior Manor Apartments | Studio/1ba | Studio,1BA | $995 |
| Bay Pointe Apartments | 1BR / 1BA | 1BR,1BA | $1,055 |
| Shoreline Place | 2 bed / 1 ba | 2BR,1BA | $1,059 |
| Hunters Ridge | Crystal | Studio,1BA | $1,075 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1,095 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Highcroft Manor Apartments Located in Wayzata, MN | 1BR/1.0BA | 1BR,1BA | $1,250 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1,295 |
| Sterling Ponds Apartments | Senior 1A | 1BR,1BA | $1,320 |
Best Value Apartments for Rent in Excelsior, MN and Nearby
As of March 12, 2026 the best value apartment in the Excelsior area is the $1.55 price per square foot Hawthorne Model at Saddlewood Park in the in the Glen Lake neighborhood starting from $2,145. The second greatest value Excelsior apartment is the Evergreen Model at Lake Susan Apartments starting at $2,295 with a $1.71 price per square foot in the Pinehurst neighborhood. Here is today’s list of the best values for Excelsior apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Saddlewood Park | Hawthorne | 2BR,1.5BA | $1.55 |
| Lake Susan Apartments | Evergreen | 3BR,2BA | $1.71 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Gateway Place Apartments | 2BR | 2BR,1BA | $1.26 |
| Chanhassen Village | 2BR 1BA | 2BR,1BA | $1.50 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Stratford Wood | Timberland + Den | 1BR,1BA | $1.76 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.60 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1.60 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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 ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly Lifestyle
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Pet Friendliness Lifestyle Score
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 Excelsior Manor Apartments listed at $995.
How much is rent for a Cheap One Bedroom Excelsior Apartment?
The lowest price for a Cheap One Bedroom Excelsior Apartment is $1,055 at Bay Pointe 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 Hazeltine Shores and starts from $2,085.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.