Excelsior Shores
322 Lake St,
Excelsior, MN 55331
$1,595 - $2,595 | Studio - 1 Bed
Excelsior
Excelsior, MN
Area Guide
A delightful lakeside hamlet just minutes from the Twin Cities
Suburb
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Commuter
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Lake
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Nature
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Outdoors
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Boating
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Safe
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Low Crime
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Schools
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Family-Friendly
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Excelsior is a western suburb of the Twin Cities, positioned roughly fifteen miles west of Downtown Minneapolis. A small community of around 2,500 people, the city sits on the shores of Lower Lake’s Excelsior Bay and Gideon Bay, giving the locale a beautiful scenic touch to complement its small-town atmosphere. The local rental market includes everything from sensible apartments to suburban homes to swanky lodge-style cabins. The charming Main Street corridor is classic slice of Americana: Within a couple of blocks, you can pick up your groceries, catch a movie at the Excelsior Dock Cinema, enjoy your morning coffee at 318 Café, have a pint after hours at Excelsior Brewing Company, or just enjoy the view of the lake from Excelsior Commons. With its idyllic setting, terrific schools, and exceptionally low crime rate, Excelsior has become a popular home base for Twin Cities commuters, particularly those raising families.
Rent Trends
As of March 2025, the average apartment rent in Excelsior, MN is $1,090 for a studio, $1,284 for one bedroom, $1,780 for two bedrooms, and $2,113 for three bedrooms. Apartment rent in Excelsior has increased by 5.0% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,284/month
717 Sq Ft
Transportation
52
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
51
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades K-6
904 Students
9
Public
Grades K-5
739 Students
9
Public
Grades 6-8
1,274 Students
8
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Lake Minnewashta Regional Park
- Minnesota Landscape Arboretum
- Lake Minnetonka Regional Park
- Riley Lake Park
- Noerenberg Memorial Gardens
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
Top Apartments in Excelsior
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.