Apartments for Rent in Excelsior, MN

Prices and availability in Excelsior, MN were last updated on 15 Aug 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 $8,750.

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 average age of rental buildings in Excelsior is 30 years old, with 44% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Excelsior come in a range of sizes and floorplans. Studio apartments represent 0.6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 57% of the total apartments in the city, while 2-bedroom floorplans represent around 40% of all rentals in Excelsior. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.