1. Home
  2. Minnesota
  3. Wayzata

Apartments for rent in Wayzata, MN

  • Apartments
359 Properties
1 - 30 of 359 PropertiesNext Page >

Overview of Wayzata

According to data from the U.S. Census Bureau, Wayzata's population was 3,688 in 2010. This affluent Twin Cities-area town is anything but a typical suburb. Wayzata blossomed and evolved during the mid-1800s, independent of suburban planning. Once a resort town for Minneapolis and St. Paul residents, Wayzata touted its largest body of water, Lake Minnetonka, as a respite from city living. After the the close of the 19th century, Wayzata's population growth began to slow, and it remained a secluded small town for half a century until suburban growth encroached upon its borders. Now considered a Twin Cities suburb, Wayzata has managed to keep hold on to its natural beauty, historic focus and low population density.

Those searching for Wayzata apartments for rent will be happy to note that 40.9 percent of homes in Wayzata are renter-occupied. This should give renters many options in their apartment hunting.

Living in Wayzata, MN

Wayzata is known for three things: its access to Lake Minnetonka, its top-rated public school district and its desirability. Although Wayzata is generally an attractive area for families, singles will find Wayzata's quiet draw appealing as well; 41.6 percent of households in Wayzata were occupied by singles in 2010.

Wayzata Beach offers fun in the sun for the town's residents during the summer months. Additionally, numerous lake activities are enjoyed by residents on a year-round basis. Wayzata's downtown district is also much-loved by natives and visitors alike, offering boutique shopping and fine dining. Art shows, community events and more all unfold in this rich community center.

Wayzata Work and Study

Although small-town Wayzata doesn't offer any college or university-level education within its borders, numerous schools are located within 15 miles of Wayzata. Hennepin Technical College, Minneapolis Community and Technical College, North Hennepin Community College, Capella University, Walden University, Normandale Community College and Augsburg College are all within commutable distance of Wayzata.

According to the city's 2011 Comprehensive Annual Financial Report, Wayzata's top employers are Cargill Inc., Carlson Companies, the Wayzata public school district, Polaris, United Health Group and the Minnetonka public school district. Surprisingly for a suburban small town, Wayzata's population grows by 83.4 percent during weekdays due to workers commuting into Wayzata.

Rentals in Wayzata, MN and Cost of Living

Wayzata's cost of living index is 116.8, which is 16.8 percent higher than the national average. This is likely due to Wayzata's desirability and affluent reputation. Those searching for Wayzata rentals should also factor commuting and gasoline costs into their budgets, as no widespread public transportation is offered in Wayzata.

The city's 40.9 percent rental market should offer a wide variety of options for renters, but incoming residents should keep in mind that due to its low population density, few units will be available for rent at any given time. In 2010, Wayzata's median gross rent was only $881 per month.

Wayzata Attractions and Special Events

Wayzata's main attraction is Lake Minnetonka, which is the largest body of water in the area. Lake sports and recreation are important to natives, and many residents enjoy Wayzata Beach during the summer months. Wayzata's numerous parks and open spaces offer peace and quiet.

Events in Wayzata are usually community-oriented, and vary from art festivals to pancake breakfasts. Winter golf outings, summer concerts and Halloween celebrations offer the chance to socialize and form community bonds.

To find your next rental apartment or house in Wayzata, take a look at our listings on Rent.com®.