
Cheap Homes for Rent near Wayzata, MN from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Wayzata.


10301 Cedar Lk Rd S

10301 Cedar Lk Rd S
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.

2759 Upland Ln N

2165 Shenandoah Ct

1824 Yuma Ln N
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.
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 | $2,673 | $1,695 | $7,500 |
| Wayzata 3 Bedroom Homes for Rent | $4,125 | $1,950 | $7,500 |
| Wayzata 4 Bedroom Homes for Rent | $4,615 | $2,295 | $8,995 |
| Wayzata 5 Bedroom Homes for Rent | $5,600 | $3,200 | $9,500 |
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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 2 Beds unit found at 3455 Shoreline Dr in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,350. Plymouth Colony in the Timber Creek Crossing Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,475. 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 |
| Plymouth Colony | 2 Bed w/Laundry Remodelled | 2BR,1BA | $1,475 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Wayzata, MN and Nearby
As of July 27, 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 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.87 |
| Gleason Lake | Lily | 1BR,1BA | $2.02 |
| Arrive Minnetonka | A3 | 1BR,1BA | $2.16 |
| Oakwood | Birchwood | 1BR,1BA | $2.20 |
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
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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 61 Apartments for Rent in Wayzata, MN with pricing that ranges from $975 to $14,158. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayzata ranging from $1,350 to $9,500.
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 $1,350 to $9,500 with an average monthly rent of $3,672.
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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.