
Cheap Homes for Rent near Wayzata, MN from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Wayzata.


930 Westbrooke Way

10301 Cedar Lk Rd S
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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932 Westbrooke Way

2800 Hillsboro Ave N

1822 Yuma Ln N
Rent According to Income: A Look at Income-Restricted Rentals
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704 Robinwood Ln
Wayzata, MN Local Guide

How much does it cost to rent a home in Wayzata?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wayzata 2 Bedroom Homes for Rent | $3,714 | $1,375 | $8,500 |
| Wayzata 3 Bedroom Homes for Rent | $3,377 | $1,995 | $6,995 |
| Wayzata 4 Bedroom Homes for Rent | $5,582 | $1,500 | $10,000+ |
| Wayzata 5 Bedroom Homes for Rent | $5,955 | $3,299 | $10,000+ |
| Wayzata 6 Bedroom Homes for Rent | $11,995 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Wayzata
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Wayzata, MN Local Guide
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Cheapest Available Wayzata Apartments for Rent and Nearby
 The cheapest available apartment rental in Wayzata, MN is a 1 Bed unit found at Grandview Apartments in the Wright Far Western Suburbs neighborhood priced from $1,295. 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 |
|---|---|---|---|
| Grandview Apartments | 1 bedroom | 1BR,1BA | $1,295 |
| Wayzata Woods | A3 - 60% AMI | 1BR,1BA | $1,400 |
| Oakwood | Birchwood | 1BR,1BA | $1,569 |
Best Value Apartments for Rent in Wayzata, MN and Nearby
As of September 10, 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 Thorpe Model at The Stax of Long Lake starting at $2,603 with a $2.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Quayside Wayzata | Two Bedroom w/Loft | 2BR,2BA | $2.28 |
| The Stax of Long Lake | Thorpe | 2BR,2BA | $2.59 |
| Parkers Lake | Two Bedroom A | 2BR,1BA | $1.88 |
| Arrive Minnetonka | A5 | 1BR,1BA | $2.21 |
| Grandview Apartments | 1 bedroom | 1BR,1BA | $1.52 |
| 110 Circle A Dr S | 110 Circle A Dr S | 1BR,1BA | $1.69 |
| Gleason Lake | Lily | 1BR,1BA | $2.02 |
| 725 Wayzata Blvd E, Unit 6 | 725 Wayzata Blvd E | 1BR,1BA | $1.73 |
| Wayzata Woods | A1 - Renovated | 1BR,1BA | $2.20 |
| Oakwood | Birchwood | 1BR,1BA | $2.19 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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?
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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 Wayzata
What type of rentals are currently available in Wayzata?
There are currently 69 Apartments for Rent in Wayzata, MN with pricing that ranges from $1,175 to $13,958. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayzata ranging from $1,100 to $15,500.
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 $1,100 to $15,500 with an average monthly rent of $4,693.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.