Cheap Homes for Rent in Wayzata, MN from $1,200 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Wayzata.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Wayzata, MN Local Guide

Cheapest Available Wayzata Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wayzata, MN is a 1 Bed unit found at Wayzata Woods in the Timber Creek Crossing Village neighborhood priced from $1,350. Wayzata Lake Apartments in the Timber Creek Crossing Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,595. Here is today’s list of the most affordable Wayzata apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1,350
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1,595
Gleason LakeLily1BR,1BA$1,645

Best Value Apartments for Rent in Wayzata, MN and Nearby

As of June 19, 2025 the best value apartment in the Wayzata area is the $2.57 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 2BR/1.0BA Model at Wayzata Lake Apartments starting at $1,595 with a $1.77 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Quayside WayzataTwo Bedroom w/Loft2BR,2BA$2.57
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1.77
The Stax of Long LakeHighland1BR,1BA$2.51
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1.71
Gleason LakeLily1BR,1BA$2.10
The Island ResidencesEmerald1BR,1BA$2.52
Arrive MinnetonkaA31BR,1BA$2.30

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Frequently Asked Questions about Wayzata

What type of rentals are currently available in Wayzata?

There are currently 62 Apartments for Rent in Wayzata, MN with pricing that ranges from $1,025 to $7,500. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayzata ranging from $1,249 to $15,975.

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 $1,249 to $15,975 with an average monthly rent of $3,748.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.