What is the average apartment size in Wayzata?

The average size for a Wayzata, MN apartment is 968 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Wayzata?

As of Jan / 2026, the average rent in Wayzata is $2,353 per month, a 64.13% increase from last years average of $1,434.

What is the average apartment size in Wayzata?

The typical apartment in Wayzata offers about 968 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Wayzata, MN Rental Market Trends

Q: What's the typical rent budget in Wayzata?

The typical rent budget in Wayzata ranges from $1,001 to $1,500 per month, with 40% of rentals in this range.

Q: Do most people rent or own in Wayzata?

In Wayzata, 40% of households rent while 60% own their homes, based on the latest U.S. Census data.

Last updated: February 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Wayzata is $2,353, a 64.13% increase compared to the previous year, when the average rent was $1,434.

One-bedroom apartments provide 783 square feet for $1,722, balancing privacy and affordability.

Two-beedroom units at $2,880 offer 1,138 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,482 sq ft) for $4,253, suitable for larger households.

Average rent in Wayzata, MN

Last updated: February 19, 2026

	Average Rent	Average Apartment Size
All Rentals	$2,353	968 sq. ft.
Studio	n/a	n/a
1 Bed	$1,722	783 sq. ft.
2 Beds	$2,880	1,138 sq. ft.
3 Beds	$4,253	1,482 sq. ft.

Wayzata, MN rent trends

Rental prices in Wayzata, MN have increased by 64.13% over the past year. The average rent moved from $1,434 to $2,353.

What's the typical rent budget in Wayzata, MN?

The largest share of rentals in Wayzata, MN (40%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Wayzata, MN?

853 or 40% of the households in Wayzata, MN are renter-occupied while 1,296 or 60% are owner-occupied.

How Wayzata Compares to Other Cities

City	Average Rent
Wayzata	$2,353
Minneapolis	$1,687
St. Paul	$1,515
Moorhead	$1,081
Rochester	$1,642
St. Louis Park	$1,776
Bloomington	$1,676
Edina	$1,849
St. Cloud	$1,163
Minnetonka	$1,953
Burnsville	$1,576
Plymouth, MN	$1,700
Eden Prairie	$1,755
Coon Rapids	$1,477
Hopkins, MN	$1,598
Brooklyn Park	$1,335
Maple Grove, MN	$2,173
Anoka	$1,374
Chaska, MN	$1,729
Golden Valley	$1,863
Brooklyn Center, MN	$1,323

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Wayzata apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.