Cheap Homes for Rent in Wayzata, MN from $1,000 (13 Rentals)

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property at 917 11th Ave S

917 11th Ave S

HopkinsMN55343

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.

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.

Wayzata, MN Local Guide

Cheapest Available Wayzata Apartments for Rent

 

The cheapest available apartment rental in Wayzata, MN is a 1 Bed unit found at Parkers Lake in the Timber Creek Crossing Village neighborhood priced from $1,415. Oakwood in the Timber Creek Crossing Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,434. Here is today’s list of the most affordable Wayzata apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkers LakeOne Bedroom B1BR,1BA$1,415
OakwoodBirchwood1BR,1BA$1,434
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1,450
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1,475
Shenandoah Woods Apartments2 Bed/2 Bath2BR,2BA$1,500

Best Value Apartments for Rent in Wayzata, MN

As of September 21, 2025 the best value apartment in the Wayzata area is the $1.21 price per square foot 216 N Brown Rd Model at 216 N Brown Rd, Unit 109 in the in the Wright Far Western Suburbs neighborhood starting from $1,450. The second greatest value Wayzata apartment is the 382 Dexter Dr Model at 382 Dexter Dr, Unit 402 starting at $1,550 with a $1.29 price per square foot in the Wright Far Western Suburbs neighborhood. Here is today’s list of the best values for Wayzata apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
216 N Brown Rd, Unit 109216 N Brown Rd2BR,1BA$1.21
382 Dexter Dr, Unit 402382 Dexter Dr2BR,1BA$1.29
1807 May St, Unit 11807 May St2BR,1BA$1.16
1078 E Circle Dr, Unit 31078 E Circle Dr2BR,1BA$1.33
Highcroft Manor2BR/2.0BA2BR,2BA$1.64
3455 Shoreline Dr, Unit 13455 Shoreline Dr2BR,1BA$1.50
Shenandoah Woods Apartments2 Bed/2 Bath2BR,2BA$1.73
150 Wayzata Blvd E, Unit 10150 Wayzata Blvd E1BR,1BA$1.62
725 Wayzata Blvd E, Unit 7725 Wayzata Blvd E1BR,1BA$1.62
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1.84

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Wayzata

What type of rentals are currently available in Wayzata?

There are currently 68 Apartments for Rent in Wayzata, MN with pricing that ranges from $1,120 to $7,250. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayzata ranging from $1,000 to $19,995.

What is the current price range for Rental Homes in Wayzata?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wayzata ranges from $1,000 to $19,995 with an average monthly rent of $4,331.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.