Excelsior, MN Houses for Rent

/34
$8,000 Per Month
- 2 Beds
- 2 Baths
- 1,252 Sq Ft
- House for Rent
55 W Point Ave, Excelsior, MN 55331

Welcome to 55 West Point Avenue, a wonderful opportunity to enjoy the quintessential Lake Minnetonka lifestyle in a highly desirable setting. This home offers comfortable living spaces with big lake views. There are large windows throughout, which bring in natural light, while the thoughtful layout provides ample flexibility. The outdoor spaces include a spacious blue stone patio, lakeside fire

Mike Steadman Compass

55 W Point Ave, Excelsior, MN 55331
Explore Excelsior
/31
$3,995

Total Monthly Price
- 4 Beds
- 4 Baths
- 3,700 Sq Ft
- House for Rent
6080 Tee Trail, Minnetrista, MN 55331

Spacious 4 bedroom home with a large enclosed porch, finished basement, and 4 bathrooms. Close to lake Minnetonka AND Minnewashta, downtown Excelsior, restaurants, grocery stores, trails, and easy access to Highway 7. This home is conveniently located, but still offers a quiet neighborhood feel. Pet friendly with a large 3 car garage! Schedule your tour today! *Gas stove shown in

6080 Tee Trail, Minnetrista, MN 55331
/33
$5,995 Per Month
- 5 Beds
- 4 Baths
- 4,020 Sq Ft
- House for Rent
2615 Shadywood Rd, Excelsior, MN 55331

Available for rent on a short-term lease. Lease must end by 4/30/2027, as owner wants to put it on the sales market in the Spring. Executive Cape Cod charmer in the heart of the Lake Minnetonka area! Beautifully situated in the sought-after Pheasant Lawn neighborhood, this classic 5-bedroom, 4-bath home rests on a private, beautifully landscaped one-acre lot surrounded by mature trees.

Svetlana Dahlgren Prudden & Company

2615 Shadywood Rd, Excelsior, MN 55331
/30
$4,000

Total Monthly Price
- 2 Beds
- 2 Baths
- 1,400 Sq Ft
- House for Rent
603 Lake St, Excelsior, MN 55331

Incredible Location, with an unobstructed view of Lake Minnetonka. Two Bedroom, two bathroom condo in the Gables of Excelsior. Corner unit with privacy and wrap around balcony. Two separate Living spaces - formal and informal. Spacious Master Bedroom with views of the lake, Large Master bathroom with walk in closet and shower. Guest bedroom also has window and good sized closet. Condo holds a

603 Lake St, Excelsior, MN 55331
/94
$7,000 Per Month
- 5 Beds
- 3 Baths
- 3,090 Sq Ft
- House for Rent
26170 Birch Bluff Rd, Excelsior, MN 55331

Executive furnished rental on Lake Minnetonka Available through 6/30/2027. Open floor plan with expansive stunning views of Lake Minnetonka. 3 bedrooms plus loft upstairs. Modern Kitchen and Bathrooms with elegant common spaces for entertaining. A beautiful deck and yard as well as a private dock. A must-see home!

Ryan Hannay Creative Housing Real Estate

26170 Birch Bluff Rd, Excelsior, MN 55331

Minnesota Hennepin County

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 September 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 $178,000 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 $4,450 per month in Excelsior, MN, renters typically need to show $13,350 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 16.0, 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 5 single-family homes available for rent in Excelsior, MN. The median rent is $4,450 per month, with 3-bedroom houses renting at $3,750, 4-bedroom houses at $3,995 and 5-bedroom houses at $5,995.

Rental Home Trends

Number of Houses for Rent 5	Median Single Family Home Rent $4,450
Median 3 Bedroom Single Family Home Rent $3,750	Median 4 Bedroom Single Family Home Rent $3,995
Median 5 Bedroom Single Family Home Rent $5,995

How to Rent a Home

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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