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Tonkaway

818 3rd Ave S, Excelsior, MN 55331 - Hennepin County

Apartment

2 beds

1 bath

756 sqft

Cats & dogs OK

Laundry on site

About 818 3rd Ave S

Look & Lease Special - Limited Time Only. Find your perfect home and save big when you lease within 24 hours of your initial tour. Special Offers Include: $50 Application Fee Waived. Only a $500 Deposit on approved credit. (Regularly equal to one month's rent).

Move in for less and keep more money in your pocket. Schedule your tour today and let us help you find your new home.

Large screened porches.just off HWY 7.garages.short walk to Lake Minnetonka Tonkaway Apartments offers spacious two-bedroom apartment homes in a quiet, well cared for community. Experience laketown living at its best in historic Excelsior, with year-round festivals and events. Explore the delightful specialty shops, antique shops, and restaurants downtown. There are beautiful lakes, parks, beaches and scenic hiking trails. And it's all within walking distance for your new home at Tonkaway Apartments. Amenities: Stove, Heat & Rubbish Removal.

6+ months on RentalSource

RentalSource last checked: 22 hours ago · Listing updated: October 26, 2026

Managed by: Marathon Management · (952) 474-1334

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,250
Bedrooms:	2 beds
Bathrooms:	1 bath
Size:	756 sqft

Pets:	Cats & dogs
Laundry:	On site
Parking:	Garage
Available:	November 10, 2026
ID:	82714346

Amenities

Water & Sewer Included
Laundry Facilities
Air Conditioning
Dishwasher
Refrigerator

Leasing Information

Fees

Deposit $500 (mandatory, refundable, move-in).

Additional Details

This 2-bedroom, 1-bathroom apartment at Tonkaway, 818 3rd Ave S, in Excelsior, MN 55331 rents for $1,250 a month. It has 756 square feet and is pet friendly. Tonkaway was advertised by Marathon Management 6+ months ago.

Affordability Calculator

Can I afford to live at 818 3rd Ave S?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$50,000 /year

With your chosen rent-to-income ratio, an annual income of $50,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,250 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,250

Deposit $500 · All fees

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Property managed by:

Marathon Management

(952) 474-1334 · View all 12 rentals

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.