Cheap Apartments for Rent in Wayzata, MN

23 rentals

Apartments For Rent Near Wayzata, MN

We found 21 more apartments matching your filters just outside Wayzata

Average Rent Trends in Wayzata, MN

Rent in Wayzata, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Oct 2025$2,995
Nov 2025$2,640
Dec 2025$2,700
Jan 2026$2,800
Feb 2026$2,290
Mar 2026$2,200
Apr 2026$1,750
May 2026$1,864
Jun 2026$2,995
Jul 2026$2,495
Aug 2026$1,950
Sep 2026$4,000
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,350$1,963$4,500$25,000$4,000
Townhomes——$2,300$3,050$2,300
Apartments and Condos$1,295$6,995——$1,295
Houses—$4,000$4,500$25,000$6,500
See more information about local market trends in Wayzata, MN

Frequently Asked Questions about Rentals in Wayzata, MN

  • What is the average rent of an apartment in Wayzata, MN?
    The average rent of an apartment in Wayzata, MN is $1,313 per month. This is about 33% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Wayzata, MN?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $1,849 per month.
  • How many cheap apartments are available in Wayzata, MN?
    There are 12 apartments to rent that are cheaper than the city’s average rent of $4,000.
  • When is the average rent most expensive in Wayzata, MN?
    In the last year, the average rent in Wayzata, MN was highest in Jan 2025 when it was $3,300 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Wayzata, MN?
    The average rent of a 1 bedroom apartment in Wayzata, MN is $1,350 per month. That is about $125 more than the cost of a studio apartment.
  • What are some zip codes in Wayzata, MN?
    Wayzata, MN includes zip codes such as: 55361.
  • What are some cities near Wayzata, MN?
    Some nearby cities include: Woodland, Deephaven, Minnetonka, Long Lake, Plymouth. These cities may have more rental options to explore.
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