Average Rent in Wayzata, MN and Rent Price Trends

Rent trends in Wayzata, MN

Average rent prices in Wayzata have decreased by 7% over the last month and have decreased by 63% since last year.

Rent trends

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

Compare rent prices in
Wayzata, MN

Rent prices in Wayzata vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Wayzata is $1,460, whereas a house costs $4,500. 1-bedroom apartments in Wayzata run $1,595 on average, while 2-bedroom apartments are $1,900.


Studio	$1,200	-	-
1 bedroom	$1,514	26%	-
2 bedroom	$1,988	2%	-
3 bedroom	$3,000	5%	-
4 bedroom	$4,500	55%	6%


Apartments	$1,460	3%	No Change
Condos	$5,622	-	No Change
Houses	$4,500	10%	No Change

Studio

Average rent

$1,200

1 bedroom

Average rent

$1,514

Last 30 days

26%

2 bedroom

Average rent

$1,988

Last 30 days

3 bedroom

Average rent

$3,000

Last 30 days

4 bedroom

Average rent

$4,500

Last 30 days

55%

Last year

The table above reflects average rent prices in Wayzata, 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.

How does rent in Wayzata, MN compare to other cities?

Compare median rent prices in Wayzata and Brooklyn Center by all bedroom counts and property types.

Wayzata

Median rent price$2,300

21%

higher than the national median

Median rent price$1,250

34%

lower than the national median

Takeaway

The median rent for all rentals in Wayzata, MN is 84% higher than the median rent in Brooklyn Center, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,250

$1,857

$1,915

$1,307

$2,380

$1,737

$1,847

$2,180

$1,901

$1,750

$1,270

$1,395

Discover rentals in Wayzata, MN

5d+ ago

House for rent in Wayzata

18361 Minnetonka Boulevard - 1

18361 Minnetonka Blvd #1, Wayzata, MN 55391

4 beds

2 baths

$3,150

5d+ ago

House for rent in Wayzata

Residential Lease, Minnetonka, MN

2925 Minnehaha Curv, Wayzata, MN 55391

5 beds

3 baths

$4,950

Stay up to date with rental market insights

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Annual Rent Report

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Frequently asked questions for Wayzata, MN

Quick answers to common questions about the Wayzata rental market.

How much is rent in Wayzata?

The average rent in Wayzata is $2,300 per month as of September 12, 2026.

Is rent up or down in Wayzata?

Average rent prices in Wayzata have decreased by 7% over the last month and have decreased by 63% since last year.

How does Wayzata rent compare to the national average?

Rent in Wayzata is 21% above the national average, which means renters are paying approximately $400 more per month.

What salary do I need to afford rent in Wayzata?

To comfortably afford rent in Wayzata, you'd need to earn approximately $92,000/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).