Average Rent in Excelsior, MN

Rentals in Excelsior average about $1,897 a month as of October 2026. That is 12.7% higher than the Minnesota average and 8.9% lower than the U.S. average.

Browse 14 rentals in Excelsior

Rents as of October 2026 · Based on rentals advertised on RentalSource

$1,897

Average rent, Oct 2026

$2,129

Average 2-bedroom rent

+12.7%

Against Minnesota ($1,683)

-8.9%

Against the U.S. ($2,082)

Average Rent in Excelsior by Bedroom

Asking rents as of October 2026, beside Minnesota and the country.

Size	Excelsior	Minnesota	U.S.	Income to afford it^*
All sizes	$1,897	$1,683	$2,082	$75,900
1 bedroom	$1,604	$1,363	$1,761	$64,200
2 bedrooms	$2,129	$1,788	$2,066	$85,200
3 bedrooms	$3,503	$2,215	$2,392	$140,100

^*Yearly household income at which this rent is 30% of income, before taxes. Studios are counted with 1-bedroom homes. Figures are asking rents advertised on RentalSource, not what tenants ended up paying.

For Rent in Excelsior Now

Medians of the 14 listings advertised today, each counted once at the middle of its rents.

Browse rentals in Excelsior

By monthly rent

Half of rentals ask between $1,642 and $3,149.

Under $1,50021% 3
$1,500 – $1,99921% 3
$2,000 – $2,4997% 1
$2,500 – $2,99921% 3
$3,000 – $3,4997% 1
$3,500 or more21% 3

Excelsior and Nearby Cities

Average rent as of October 2026 in the nearest cities we measure.

All Minnesota cities

Chanhassen$2,006
Waconia$1,993
Minnetonka$1,973
Excelsior$1,897
Chaska$1,818
Eden Prairie$1,789
Hopkins$1,681

Average Rent Elsewhere in Minnesota

All of Minnesota