Average Rent in Wayzata, MN
Apartments & Houses by Size

Rentometer, Inc. | Data as of 10/23/2025

Wayzata, a picturesque city on the shores of Lake Minnetonka, blends small‑town charm with easy access to the Twin Cities metropolitan area. Residents enjoy scenic waterfront parks, boutique shopping along the historic downtown, and a vibrant culinary scene featuring local breweries and farm‑to‑table eateries. The community is known for its highly rated schools, well‑maintained trails, and proximity to outdoor recreation, making it a sought‑after destination for families, professionals, and students alike.

The Wayzata rental market offers a diverse mix of housing options, from modern apartments to spacious single‑family homes. One‑bedroom apartments typically rent in the $1800s, while larger three‑bedroom units often approach the $3100 range, reflecting the city’s desirable location and quality of life. For those seeking a house, two‑bedroom homes start around the $3000 mark, and premium three‑bedroom properties can exceed $5,000, providing ample space for growing households. These figures illustrate a balanced market that accommodates a variety of budgets while maintaining the high standards expected in this lakeside community.

Wayzata’s strong rental appeal is reinforced by its convenient transportation links, including nearby highway access and public transit to downtown Minneapolis. Whether you’re drawn by the serene lake views, the vibrant cultural events, or the close‑knit neighborhood feel, Wayzata rentals deliver a compelling combination of comfort, convenience, and Minnesota charm. Explore the available apartments and houses to find the perfect fit for your lifestyle in this thriving city.

Partial Data Available: We have sufficient data for 2 Bedroom, 3 Bedroom, 1 Bedroom, 4+ Bedroom listings. Other bedroom types need more data for reliable statistics.

Wayzata Rent by Property Type & Bedroom Count

Property Type Bedrooms Average Median Min - Max 25th - 75th
Apartment 1 Bedroom $1,810 $1,450 $1,295 - $2,860 $1,325 - $2,671
Apartment 2 Bedroom $2,457 $1,745 $1,495 - $6,048 $1,550 - $3,383
Apartment 3 Bedroom $3,095 $2,390 $1,685 - $6,900 $1,951 - $2,550
House 2 Bedroom $2,974 $3,299 $1,700 - $3,600 $2,999 - $3,600
House 3 Bedroom $5,354 $4,075 $2,495 - $10,400 $2,790 - $10,400
House 4+ Bedroom $4,341 $4,100 $2,575 - $6,590 $3,300 - $6,590

In the current period, the average rent in Wayzata was $1,810 for 1 Bedroom, $2,587 for 2 Bedroom, $4,485 for 3 Bedroom, and $3,738 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.

Wayzata

Rentometer subscribers can see individual property locations on the map in addition to the heatmap. Click here to Subscribe

Data provided by Rentometer, Inc.