
Cheap Apartments for Rent in Wayzata, MN from $800 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Wayzata.


Highcroft Manor

Total Monthly Price
Wayzata Woods

Wayzata Lake Apartments

Total Monthly Price
Gleason Lake

The Ensley

Boardwalk Senior Apartments
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

Wayzata Terrace Apartments

Glenbrook

Plymouth Colony

Shenandoah Woods

Total Monthly Price
Arrive Minnetonka

Total Monthly Price
Oakwood

Amira Minnetonka & Amira Villas 55+ Adult
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
The Island Residences

Total Monthly Price
The Stax of Long Lake

Grandview Apartments

Wellington Apartments

1304 W Medicine Lake Dr

Orono Woods Senior Living

10301 Cedar Lk Rd S
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

Kimberly Meadows Townhomes

Lakeview Commons

Parkers Lake

10301 Cedar Lk Rd S

2759 Upland Ln N

2165 Shenandoah Ct

1824 Yuma Ln N
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3524 County Rd 101
Wayzata, MN Local Guide

How much does it cost to rent an apartment in Wayzata?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Wayzata Studio Apartments | $2,026 | $1,902 | $2,270 |
| Cheap Wayzata 1 Bedroom Apartments | $2,041 | $1,125 | $4,250 |
| Cheap Wayzata 2 Bedroom Apartments | $3,493 | $1,350 | $8,378 |
| Cheap Wayzata 3 Bedroom Apartments | $7,110 | $2,065 | $10,000+ |
Browse Top Apartments in Wayzata
See all Apartments in WayzataExplore Wayzata
Wayzata, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Wayzata Apartments for Rent
 The cheapest available apartment rental in Wayzata, MN is a 2 Beds unit found at 3455 Shoreline Dr in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,350. Wayzata Woods in the Groveland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Wayzata apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3455 Shoreline Dr | 2 Bed/1 Bath | 2BR,1BA | $1,350 |
| Wayzata Woods | 1 Bedroom & 1 Bath - 60% AMI | 1BR,1BA | $1,400 |
| Plymouth Colony | 2 Bed w/Laundry Remodelled | 2BR,1BA | $1,475 |
| Shenandoah Woods | 2 Bedroom, Tax Credit | 2BR,1BA | $1,500 |
| Arrive Minnetonka | A3 | 1BR,1BA | $1,569 |
| Gleason Lake | Lily | 1BR,1BA | $1,585 |
| Oakwood | Birchwood | 1BR,1BA | $1,589 |
| The Ensley | Shoreline - C1 - 60% | 2BR,2BA | $1,788 |
| Amira Minnetonka & Amira Villas 55+ Adult | Crystal | Studio,1BA | $1,830 |
| The Stax of Long Lake | Gleanloch | 1BR,1BA | $1,983 |
Best Value Apartments for Rent in Wayzata, MN
As of July 30, 2026 the best value apartment in the Wayzata area is the $2.28 price per square foot Two Bedroom w/Loft Model at Quayside Wayzata in the in the Groveland neighborhood starting from $3,874. The second greatest value Wayzata apartment is the Forest Model at The Island Residences starting at $2,884 with a $2.49 price per square foot in the Groveland 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 w/Loft | 2BR,2BA | $2.28 |
| The Island Residences | Forest | 2BR,2BA | $2.49 |
| Kimberly Meadows Townhomes | 2 Bedroom | 2BR,1BA | $2.05 |
| Plymouth Colony | 2 Bed w/Laundry Remodelled | 2BR,1.5BA | $1.58 |
| Shenandoah Woods | 2 Bedroom, Tax Credit | 2BR,1BA | $1.70 |
| 3455 Shoreline Dr | 2 Bed/1 Bath | 2BR,1BA | $1.69 |
| Gleason Lake | Lily | 1BR,1BA | $2.02 |
| Wayzata Woods | 1 Bedroom & 1 Bath - 60% AMI | 1BR,1BA | $1.89 |
| Arrive Minnetonka | A3 | 1BR,1BA | $2.16 |
| Oakwood | Birchwood | 1BR,1BA | $2.22 |
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.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wayzata, MN Rentals by Map
See the most popular apartments and homes in Wayzata, MN
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 $1,400 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 $1,350 at 3455 Shoreline Dr.
What is the most affordable Wayzata Three Bedroom Apartment?
The best deal on a cheap Wayzata Three Bedroom Apartment rental is at The Ensley and starts from $2,065.
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.
Helpful Local Expert Guides

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.