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Excelsior, MN Townhome for Rent

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    $4,400 Per Month

    • 3 Beds
    • 3 Baths
    • 2,500 Sq Ft
    • Townhouse for Rent

    4471 Manitou Rd, Excelsior, MN 55331

    **House is finished inside. Updated current pictures to come soon++ Full new renovation by a local custom home builder! 2 Car Garage3 Bedroom3 BathLake views of Old Channel Bay and dock access. Dock access is included and is shared with current slip renters, an additional Boat lift/slip can be discussed as an addition. Located just off of Manitou Road down the hall from the Tonka Bay

    Cody Cook Bridge Realty, LLC

    4471 Manitou Rd, Excelsior, MN 55331

Frequently Asked Questions

How much does it cost to rent a townhouse in Excelsior, MN?
The median rent for a townhouse in Excelsior, MN is $4,500 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos 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 $180,000 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 $4,500 per month in Excelsior, MN, renters typically need to show $13,500 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.
How to Rent a Home