Cheap Apartments for Rent in Excelsior, MN from $800 (35 Rentals)

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Excelsior Lake
2 Bedroom Apartments

Excelsior Lake

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

Tonkaway Apartments

818 Third AveExcelsior, MN 55331
  • Utilities Included

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.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-35, Page 1 of 1

Excelsior, MN Local Guide

Cheapest Available Excelsior Apartments for Rent

 

The cheapest available apartment rental in Excelsior, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here is today’s list of the most affordable Excelsior apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,120
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1,150
Stratford WoodSaplingStudio,1BA$1,187
Shoreline Place2 bedroom / 1 bath2BR,1BA$1,200
Victoria FlatsBoulevardStudio,1BA$1,246
Hunters RidgeJennings1BR,1BA$1,250
The EllieYarrow Alcove1BR,1BA$1,299
Sterling Ponds ApartmentsSenior 1A1BR,1BA$1,320
Lake Jonathan FlatsAdmiralStudio,1BA$1,375

Best Value Apartments for Rent in Excelsior, MN

As of July 26, 2025 the best value apartment in the Excelsior area is the $1.36 price per square foot Floorplan C Model at Highland Shores Apartments in the in the The Preserve neighborhood starting from $1,985. The second greatest value Excelsior apartment is the Hawthorne Model at Saddlewood Park Townhomes starting at $2,260 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.
Highland Shores ApartmentsFloorplan C2BR,2BA$1.36
Saddlewood Park TownhomesHawthorne2BR,1.5BA$1.64
Lake Hazeltine Woods1A1BR,1BA$1.78
Gateway Place Apartments2BR2BR,1BA$1.26
Hazeltine ShoresThe Haze2BR,1.8BA$1.76
AbleLight VillageThe Isles2BR,2BA$1.75
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
Shoreline Place2 bedroom / 1 bath2BR,1BA$1.60
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.60
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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

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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 Stratford Wood listed at $1,187.

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 $1,200 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 Saddlewood Park Townhomes and starts from $2,285.

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.

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

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.