Last updated on September 18, 2026

Average rent in
Minneapolis Media Institute, MN

Median rent

Median rent in Wayzata

$1,525/mo

increased by7%

vs previous year

The average rent in Wayzata is $1,525 per month as of September 2026. This is 20% below the national average rent, or $375 less per month.

$1.74

average price per square foot

Total rentals

Available rentals in Wayzata

789

for rent on Zumper.com as of September 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 7% 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 $1,480, whereas a house costs $2,497. 1-bedroom apartments in Wayzata run $1,350 on average, while 2-bedroom apartments are $1,774.

Listings

Studio

$1,170

-

3%

1 bedroom

$1,345

-

6%

2 bedroom

$1,775

-

11%

3 bedroom

$2,321

-

14%

4 bedroom

$2,799

-

16%

Studio

Average rent

$1,170

Last year

3%

1 bedroom

Average rent

$1,345

Last year

6%

2 bedroom

Average rent

$1,775

Last year

11%

3 bedroom

Average rent

$2,321

Last year

14%

4 bedroom

Average rent

$2,799

Last year

16%

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

3d ago

7.9

Very good

3142-44 Bloomington Ave

3142 Bloomington Ave, Minneapolis, MN 55407

Studio–3 beds

1 bath

$350–$1,600

2529 Pleasant Ave #2 - Photo 1 of 1

5d+ ago

Whittier condo for rent in Minneapolis

1 bed

1 bath

$600

Grand & Finn II - Photo 1 of 1

3d ago

8.3

Very good

Grand & Finn II

2140 Grand Ave, St. Paul, MN 55105

4 beds

2 baths

$850

Hopkins Village Apartments - Photo 1 of 1
Highly rated
Age restricted

2d ago

8.3

Very good

Hopkins Village Apartments

9 7th Ave S, Hopkins, MN 55343

1–2 beds

1 bath

$885–$1,400

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 $1,525 per month as of September 12, 2026.

Is rent up or down in Wayzata?

Average rent prices in Wayzata have increased by 7% since last year.

How does Wayzata rent compare to the national average?

Rent in Wayzata is 20% below the national average, which means renters are paying approximately $375 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 $61,000/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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