Cheap Apartments for Rent in Excelsior, MN from $800 (47 Rentals)

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

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Excelsior Lake
1 to 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
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Greenwood Manor
1 to 2 Bedroom Apartments

Greenwood Manor

5205 Greenwood CirExcelsior, MN 55331
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Hunters Ridge
$1,085 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,085 - $1,695
Total Monthly Price
$1,085 - $1,695
Studio to 2 Bedroom Apartments Available Now

Hunters Ridge

19000 Stratford RdMinnetonka, MN 55345
Senior Living
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  • Customer Reviewed
  • Utilities Included
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Oaks Glen Lake Apartments
$1,260 - $2,320
Total Monthly Price

Total Monthly Price

Base Rent
$1,236 - $2,296
Required Monthly Fees
$24
Total Monthly Price
$1,260 - $2,320
Studio to 2 Bedroom Apartments Contact Us For Availability

Oaks Glen Lake Apartments

14414 Stewart LnMinnetonka, MN 55345
Luxury
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  • 3D Tour

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.

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Lake Jonathan Flats
Rent Specials
$1,431 - $2,636
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,415 - $2,620
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Lake Jonathan Flats

3000 N Chestnut StChaska, MN 55318
Family Friendly
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Venue on 78th
Rent Specials
$1,500 - $3,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,270
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Venue on 78th

541 W 78th StChanhassen, MN 55317
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Hazeltine Shores
$1,530 - $2,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,530 - $2,530
Total Monthly Price
$1,530 - $2,530
1 to 3 Bedroom Apartments Available Now

Hazeltine Shores

3456 Lake Shore DrChaska, MN 55318
Family Friendly
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  • Customer Reviewed
  • Utilities Included
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The Ellie
$1,591 - $4,011
Total Monthly Price

Total Monthly Price

Base Rent
$1,566 - $3,986
Required Monthly Fees
$25
Total Monthly Price
$1,591 - $4,011
Studio to 2 Bedroom Apartments Available Now

The Ellie

8075 Eden Prairie RdEden Prairie, MN 55347
Corporate Housing
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  • Customer Reviewed

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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Victoria Flats
$1,603 - $2,603
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,595
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Victoria Flats

1699 Steiger Lake LnVictoria, MN 55386
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Springs at McKnight Lake
Rent Specials
$1,624 - $3,102
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $2,953
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Springs at McKnight Lake

3 Oakridge DrChaska, MN 55318
Corporate Housing
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AbleLight Village
$1,855 - $2,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,805 - $2,305
Required Monthly Fees
$50
Total Monthly Price
$1,855 - $2,355
1 to 2 Bedroom Apartments Available Now

AbleLight Village

1519 82nd StVictoria, MN 55386
Senior Living
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  • Utilities Included

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.

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Saddlewood
$2,295 - $2,495
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,295 - $2,495
Total Monthly Price
$2,295 - $2,495
2 to 3 Bedroom Apartments Available May 29

Saddlewood

16863 Saddlewood TrlMinnetonka, MN 55345
Pet Friendly
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Stratford Wood
Studio to 3 Bedroom Apartments

Stratford Wood

18900 Stratford RdMinnetonka, MN 55345
Senior Living
property at 4407 Wilshire Blvd

$1,195 - $1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775
Total Monthly Price
$1,775

2 Bedroom Rentals

Available Now

4407 Wilshire Blvd

MoundMN55364
property at 7689 Nicholas Way

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

2 Bedroom, 2 Bath Townhome for Rent

Available Now

7689 Nicholas Way

ChanhassenMN55317
property at 3522 Baker Rd

$2,395

Total Monthly Price

Total Monthly Price

Base Rent
$2,395
Total Monthly Price
$2,395

3 Bedroom, 1 Bath Home for Rent

Available Now

3522 Baker Rd

HopkinsMN55305
property at 5545 Shorewood Ln

$2,595

Total Monthly Price

Total Monthly Price

Base Rent
$2,595
Total Monthly Price
$2,595

3 Bedroom, 2 Bath Townhome for Rent

Available Now

5545 Shorewood Ln

ShorewoodMN55331

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.

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property at 19115 Homestead Cir

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700
Total Monthly Price
$2,700

3 Bedroom, 1 Bath Home for Rent

Available Now

19115 Homestead Cir

Eden PrairieMN55346
property at 8957 SW Village Loop

$2,900

Total Monthly Price

Total Monthly Price

Base Rent
$2,900
Total Monthly Price
$2,900

3 Bedroom, 3 Bath Townhome for Rent

Available Now

8957 SW Village Loop

ChanhassenMN55317
Showing Results 1-47, 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
Hunters RidgeCrystalStudio,1BA$1,085
Excelsior Manor Apartments1BR 1BA - 1st Floor1BR,1BA$1,105
Dockside Apartments on Lake MinnetonkaThe Marina1BR,1BA$1,120
Stratford WoodTimberland + Den1BR,1BA$1,141
Shorewood Place Apartments1 Bedroom1BR,1BA$1,195
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Sterling Ponds ApartmentsSenior 1A1BR,1BA$1,320
Chanhassen Village2BR 1BA-U-12BR,1BA$1,390

Best Value Apartments for Rent in Excelsior, MN and Nearby

As of April 26, 2026 the best value apartment in the Excelsior area is the $1.51 price per square foot Augusta Model at Hazeltine Shores in the in the The Preserve neighborhood starting from $2,085. The second greatest value Excelsior apartment is the Floorplan A Model at Highland Shores Apartments starting at $1,925 with a $1.55 price per square foot in the The Preserve 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.
Hazeltine ShoresAugusta3BR,1.8BA$1.51
Highland Shores ApartmentsFloorplan A2BR,2BA$1.55
Gateway Place Apartments2BR2BR,1BA$1.26
Highcroft Manor Apartments Located in Wayzata, MN2BR/2.0BA2BR,2BA$1.55
Chanhassen Village2BR 1BA-U-12BR,1BA$1.47
Quail Ridge Apartments2 Bedroom with Fireplace2BR,1BA$1.67
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
Shoreline Place2 bed / 1 ba (updated)2BR,1BA$1.60
Dockside Apartments on Lake MinnetonkaThe Marina1BR,1BA$1.60
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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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.

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Enjoy 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.

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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.

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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!

Explore Excelsior, MN Rentals by Map

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See the most popular apartments and homes in Excelsior, MN

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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 Hunters Ridge listed at $1,085.

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.

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.

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