Apartments for Rent in Excelsior, MN

Prices and availability in Excelsior, MN were last updated on 26 Sep 2026.

The best apartment in Excelsior, MN is: One West Drive.

The average rent in Excelsior, MN is $1,507.

The price range for a 2-bedroom apartment in Excelsior, MN is between $3,950 and $7,550.

In Excelsior 52% of the housing is rented out compared to 48% of homes are owned, according to the most recent Census Bureau estimates. 16% of Excelsior's apartments are found in large buildings of 50 units or more, 79% are located in smaller apartment complexes with less than 50 units, and 6% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Excelsior are about 30 years old, on average. Of these, 44% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Excelsior are around 0.6% of rentals, while 1-bedroom floor plans represent 57% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 40% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.