Cheap Apartments for Rent in Excelsior, MN from $800 (42 Rentals)

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

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Excelsior Lake
2 Bedroom Apartments

Excelsior Lake

500-520 Linden StExcelsior, MN 55331
  • Utilities Included
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Greenwood Manor
1 Bedroom Apartments

Greenwood Manor

5205 Greenwood CirExcelsior, MN 55331
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Excelsior - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Excelsior, MN Local Guide

Cheapest Available Excelsior Apartments for Rent and Nearby

 

The cheapest available apartment rental in Excelsior, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,085. Here is today’s list of the most affordable Excelsior apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Hunters RidgeCrystalStudio,1BA$1,085
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,095
Stratford WoodTimberland1BR,1BA$1,111
Minnetonka EdgewaterOne Free Months Rent! Newly Renovated Studios!Studio,1BA$1,150
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Shoreline Place2 bedroom / 1 bath2BR,1BA$1,300
Sterling Ponds ApartmentsSenior 1A1BR,1BA$1,320
Chanhassen Village2BR 1BA2BR,1BA$1,380
VenueBalladStudio,1BA$1,415

Best Value Apartments for Rent in Excelsior, MN and Nearby

As of April 27, 2025 the best value apartment in the Excelsior area is the $1.64 price per square foot 1A Model at Lake Hazeltine Woods in the in the Laketown Colonial Townhomes neighborhood starting from $1,999. The second greatest value Excelsior apartment is the 2BR Model at Gateway Place Apartments starting at $1,529 with a $1.26 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.
Lake Hazeltine Woods1A1BR,1BA$1.64
Gateway Place Apartments2BR2BR,1BA$1.26
Quail Ridge Apartments2 Bedroom2BR,2BA$1.67
Chanhassen Village2BR 1BA-U2BR,1BA$1.57
Powers Ridge Rental Condos1BR/1.0BA1BR,1BA$1.69
Harbor District ApartmentsLakeside One Bedroom with Bosch W/D1BR,1BA$1.70
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.66
Stratford WoodTimberland1BR,1BA$1.59
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1.56
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

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Remember the 3 Rules of Real Estate:
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See the most popular apartments and homes in Excelsior, MN

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Getting Around Excelsior, MN

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,125 at Christmas Lake Manor Apartments.

What is the most affordable Excelsior Three Bedroom Apartment?

The best deal on a cheap Excelsior Three Bedroom Apartment rental is at THE PLAZA at Hazeltine Apartments and starts from $2,320.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.