5

Wayzata, MN Condos for Rent

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  • /5

    $1,350 - $1,395

    Total Monthly Price

    • 1 - 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    110 Circle A Dr S, Wayzata, MN 55391

    Completely updated apartments with new kitchen with granite counter tops, new appliances, new plank flooring and carpet flooring through out and large closets. Walking distance to shops, restaurants, Lund's grocery, and everything Wayzata has to offer.

    110 Circle A Dr S, Wayzata, MN 55391
  • /17

    $1,295

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    725 Wayzata Blvd E Unit 6, Wayzata, MN 55391

    Renovated 1 Bedroom apartment walking distance to Lake Minnetonka, Restaurants, parks & shops. Unit has A/C, dishwasher, new appliances, new flooring, granite counter tops and extra storage. Great location!

    725 Wayzata Blvd E Unit 6, Wayzata, MN 55391
  • /29

    $8,500

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 2,252 Sq Ft
    • Condo for Rent

    935 Lake St E Unit 202, Wayzata, MN 55391

    Welcome to The Landing #202, one of Wayzata's premier luxury condominium residences. This beautifully updated south-facing residence offers peaceful views of preserved woods and marshland, with seasonal glimpses of Lake Minnetonka, all while being just a short walk from downtown Wayzata's acclaimed restaurants, boutique shopping, beaches, and parks. Inside, soaring 10-foot ceilings and abundant

    935 Lake St E Unit 202, Wayzata, MN 55391
  • /4

    $1,350

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 860 Sq Ft
    • Condo for Rent

    190 Wayzata Blvd E Unit 5, Wayzata, MN 55391

    Charming updated one bedroom in quiet building in a fantastic location. Sun filled unit with a wonderful view of nature . Heat, water/sewer and trash included in the rent. Also extra storage for your belongings.

    190 Wayzata Blvd E Unit 5, Wayzata, MN 55391

Frequently Asked Questions

How much does it cost to rent a condo in Wayzata, MN?
The median rent for a condo in Wayzata, MN is $4,898 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Wayzata, MN?
To comfortably afford the median rent in Wayzata, MN, a household needs to earn roughly $269,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $6,747 per month in Wayzata, MN, renters typically need to show $20,241 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Wayzata, MN?
In Wayzata, MN, the price-to-rent ratio is 14.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$4,898
Median 1 Bedroom Condo Rent
$1,323
Median 2 Bedroom Condo Rent
$8,250
Median 3 Bedroom Condo Rent
$2,698
How to Rent a Home