Last updated on November 2, 2026

Average rent in
Minneapolis Media Institute, MN

Median rent

Median rent in Wayzata

$1,549/mo

increased by8%

vs previous year

The average rent in Wayzata is $1,549 per month as of October 2026. This is 18% below the national average rent, or $351 less per month.

$1.77

average price per square foot

Total rentals

Available rentals in Wayzata

791

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Wayzata rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Minneapolis Media Institute, MN

Average rent prices in Wayzata have increased by 8% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Minneapolis Media Institute, MN

Rent prices in Wayzata vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Wayzata is $1,495, whereas a house costs $2,299. 1-bedroom apartments in Wayzata run $1,349 on average, while 2-bedroom apartments are $1,750.

Listings

Studio

$1,165

-

2%

1 bedroom

$1,349

-

3%

2 bedroom

$1,775

-

1%

3 bedroom

$2,245

-

18%

4 bedroom

$2,797

-

No Change

Studio

Average rent

$1,165

Last year

2%

1 bedroom

Average rent

$1,349

Last year

3%

2 bedroom

Average rent

$1,775

Last year

1%

3 bedroom

Average rent

$2,245

Last year

18%

4 bedroom

Average rent

$2,797

Last year

No Change

The table above reflects average rent prices in Minneapolis Media Institute, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Discover rentals in Minneapolis Media Institute, MN

5d+ ago

7.9

Very good

3142-44 Bloomington Ave

3142 Bloomington Ave, Minneapolis, MN 55407

Studio–3 beds

1 bath

$350–$1,600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
7930 W 26th St - Photo 1 of 1

1d ago

Willow Park house for rent in St. Louis Park

3 beds

2.5 baths

$800

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
7930 W 26th St - Photo 1 of 1

5d+ ago

Willow Park apartment for rent in St. Louis Park

3 beds

3 baths

$800

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Grand & Finn II - Photo 1 of 1

1d ago

8.3

Very good

Grand & Finn II

2140 Grand Ave, St. Paul, MN 55105

4 beds

2 baths

$840–$895

Total Monthly Price. The price shown reflects a 12-month lease and includes base rent and all known required monthly fees, based on information provided by the property.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Minneapolis Media Institute, MN

Quick answers to common questions about the Wayzata rental market.

How much is rent in Wayzata?

The average rent in Wayzata is $1,549 per month as of October 31, 2026.

Is rent up or down in Wayzata?

Average rent prices in Wayzata have increased by 8% since last year.

How does Wayzata rent compare to the national average?

Rent in Wayzata is 18% below the national average, which means renters are paying approximately $351 less per month.

What salary do I need to afford rent in Wayzata?

To comfortably afford rent in Wayzata, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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