Excelsior, MN House for Rent

/55
$3,495

Total Monthly Price
- 3 Beds
- 2 Baths
- 2,380 Sq Ft
- House for Rent
119 Pleasant Ln E, Excelsior, MN 55331

Whether you are looking for a peaceful sanctuary to unwind or a vibrant hub close to the action, this property offers the absolute best of the Lake Minnetonka lifestyle. Property Highlights Premium Location: Nestled on a quiet, low-traffic lane in Tonka Bay, offering a serene escape that is just a quick, scenic bike ride or a short walk away from the heart of vibrant downtown

119 Pleasant Ln E, Excelsior, MN 55331
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Minnesota Hennepin County Excelsior

Frequently Asked Questions

How much does it cost to rent a single-family home in Excelsior, MN?

The median rent for a single-family home in Excelsior, MN is $4,450 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.

How much do you need to make to afford rent in Excelsior, MN?

To comfortably afford the median rent in Excelsior, MN, a household needs to earn roughly $176,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $4,400 per month in Excelsior, MN, renters typically need to show $13,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Excelsior, MN?

In Excelsior, MN, the price-to-rent ratio is 15.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Excelsior, MN

There are currently 1 single-family homes available for rent in Excelsior, MN. The median rent is $4,450 per month, with 3-bedroom houses renting at $3,623, 4-bedroom houses at $3,500 and 5-bedroom houses at $5,500.

Rental Home Trends

Number of Houses for Rent 1	Median Single Family Home Rent $4,450
Median 3 Bedroom Single Family Home Rent $3,623	Median 4 Bedroom Single Family Home Rent $3,500
Median 5 Bedroom Single Family Home Rent $5,500

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