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$1,125 - $1,450
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available May 13455 Shoreline Dr
3455 Shoreline DrWayzata, MN 55391
Cheap Apartments for Rent in Wayzata, MN from $800 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Wayzata.
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Rent Specials
$1,300 - $2,503
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $2,503
Total Monthly Price
$1,300 - $2,503
Wayzata Woods
240 Central Ave NWayzata, MN 55391
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$1,585 - $2,700
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,585 - $2,700
Total Monthly Price
$1,585 - $2,700
Gleason Lake
155 Gleason Lake RdWayzata, MN 55391
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Rent Specials
$1,598 - $1,692
Plus Fees6 Month Lease Term
2 Bedroom Apartments Available NowHighcroft Manor Apartments Located in Wayzata, MN
101 Peavey LnWayzata, MN 55391
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1 to 2 Bedroom Apartments
Boardwalk Senior Apartments
150 Central Ave SWayzata, MN 55391
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1 to 2 Bedroom Apartments
Wayzata Terrace Apartments
100 Circle A Dr SWayzata, MN 55391
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1 to 2 Bedroom Apartments
Glenbrook
101 Glenbrook Rd NWayzata, MN 55391
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$9751 Bedroom Apartments Available May 1
1975 Central Ave, Unit 7
1975 Central AveLong Lake, MN 55356
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Rent Specials
$1,450 - $1,500
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowShenandoah Woods
2205 Shenandoah LnPlymouth, MN 55447
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$1,475
Plus Fees
2 Bedroom Apartments Available Jun 1Plymouth Colony
1805 Cr-101Plymouth, MN 55447
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Rent Specials
$1,484 - $3,569
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,480 - $3,565
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$4
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$1,484 - $3,569
Oakwood
17600 14th Ave NPlymouth, MN 55447
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1 to 2 Bedroom Apartments
Grandview Apartments
216 Brown Rd NLong Lake, MN 55356
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1 to 2 Bedroom Apartments
Wellington Apartments
17210 County Rd 6Plymouth, MN 55447
917 11th Ave S
HopkinsMN55343
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1006 Westbrooke Way
HopkinsMN55343
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1 to 3 Bedroom Apartments
Orono Woods Senior Living
2040 Wayzata BlvdLong Lake, MN 55356
926 Westbrooke Way
HopkinsMN55343
10451 Greenbrier Rd
MinnetonkaMN55305
2335 Hemlock Ln N
PlymouthMN55441
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2 to 4 Bedroom Apartments
Kimberly Meadows Townhomes
17301-17391 County Rd 6Plymouth, MN 55447
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2 to 3 Bedroom Apartments
Lakeview Commons
15205 18th Ave NPlymouth, MN 55447
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Wayzata, MN Local Guide
Wakeboarding on Lake Minnetonka by Vadim Lavrusik is licensed under CC BY 2.0
How much does it cost to rent an apartment in Wayzata?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Wayzata Studio Apartments | $2,217 | $2,165 | $2,270 |
| Cheap Wayzata 1 Bedroom Apartments | $2,310 | $975 | $4,525 |
| Cheap Wayzata 2 Bedroom Apartments | $4,082 | $1,450 | $10,000+ |
| Cheap Wayzata 3 Bedroom Apartments | $7,419 | $1,995 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Wayzata, MN Local Guide
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Cheapest Available Wayzata Apartments for Rent
The cheapest available apartment rental in Wayzata, MN is a 1 Bed unit found at Wayzata Woods in the Groveland neighborhood priced from $1,300. Shenandoah Woods in the Timber Creek Crossing Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here is today’s list of the most affordable Wayzata apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1,300 |
| Shenandoah Woods | 2 Bedroom, Tax Credit | 2BR,1BA | $1,450 |
| Oakwood | Birchwood | 1BR,1BA | $1,484 |
| Highcroft Manor Apartments Located in Wayzata, MN | 2BR/2.0BA | 2BR,2BA | $1,598 |
| Arrive Minnetonka | A3 | 1BR,1BA | $1,649 |
Best Value Apartments for Rent in Wayzata, MN
As of April 30, 2026 the best value apartment in the Wayzata area is the $2.81 price per square foot Two Bedroom Model at Quayside Wayzata in the in the Groveland neighborhood starting from $3,780. The second greatest value Wayzata apartment is the Three Bedroom Model at Parkers Lake starting at $2,374 with a $1.90 price per square foot in the Timber Creek Crossing Village neighborhood. Here is today’s list of the best values for Wayzata apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Quayside Wayzata | Two Bedroom | 2BR,2BA | $2.81 |
| Parkers Lake | Three Bedroom | 3BR,2BA | $1.90 |
| The Island Residences | Forest | 2BR,2BA | $2.79 |
| Highcroft Manor Apartments Located in Wayzata, MN | 2BR/2.0BA | 2BR,2BA | $1.55 |
| Wayzata Lake Apartments | 3BR/1.0BA | 3BR,1BA | $2.10 |
| Shenandoah Woods | 2 Bedroom, Tax Credit | 2BR,1BA | $1.65 |
| The Stax of Long Lake | Walnut | 1BR,1BA | $2.65 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.74 |
| Arrive Minnetonka | A1 | 1BR,1BA | $2.35 |
| Oakwood | Birchwood | 1BR,1BA | $2.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Frequently Asked Questions about Cheap Wayzata Apartments
How much is rent for a Cheap One Bedroom Wayzata Apartment?
The lowest price for a Cheap One Bedroom Wayzata Apartment is $1,375 at Wayzata Woods.
What is the lowest price for a Cheap Two Bedroom Wayzata Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wayzata is starting from $1,450 at Shenandoah Woods.
What is the most affordable Wayzata Three Bedroom Apartment?
The best deal on a cheap Wayzata Three Bedroom Apartment rental is at Wayzata Lake Apartments and starts from $1,995.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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