Cheap Homes for Rent near Wayzata, MN from $1,100 (7 Rentals)

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

property at 930 Westbrooke Way
$1,225

Total Monthly Price

Base Rent$1,225

Total Monthly Price$1,225
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

930 Westbrooke Way

HopkinsMN55343
property at 10301 Cedar Lk Rd S
$1,350 - $1,695

Total Monthly Price

Base Rent$1,350

Total Monthly Price$1,350
1 To 2 Bedroom Rentals
Available Now

10301 Cedar Lk Rd S

MinnetonkaMN55305

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.

property at 2800 Hillsboro Ave N
$1,599

Total Monthly Price

Base Rent$1,599

Total Monthly Price$1,599
2 Bedroom Rentals
Available Sep 15
Affordability

2800 Hillsboro Ave N

MinneapolisMN55427

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.

property at 704 Robinwood Ln
$1,995

Total Monthly Price

Base Rent$1,995

Total Monthly Price$1,995
3 Bedroom, 2 Bath Townhome for Rent
Available Now

704 Robinwood Ln

HopkinsMN55305

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 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 ListingModel NameBed/BathPriced From
Grandview Apartments1 bedroom1BR,1BA$1,295
Wayzata WoodsA3 - 60% AMI1BR,1BA$1,400
OakwoodBirchwood1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Quayside WayzataTwo Bedroom w/Loft2BR,2BA$2.28
The Stax of Long LakeThorpe2BR,2BA$2.59
Parkers LakeTwo Bedroom A2BR,1BA$1.88
Arrive MinnetonkaA51BR,1BA$2.21
Grandview Apartments1 bedroom1BR,1BA$1.52
110 Circle A Dr S110 Circle A Dr S1BR,1BA$1.69
Gleason LakeLily1BR,1BA$2.02
725 Wayzata Blvd E, Unit 6725 Wayzata Blvd E1BR,1BA$1.73
Wayzata WoodsA1 - Renovated1BR,1BA$2.20
OakwoodBirchwood1BR,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.

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Enjoy 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.

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Navigating 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.

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Real 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.

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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 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

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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.

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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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

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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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.